ConstructionWorX DIGITAL - Autumn 2023

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ConstructionWorX DIGITAL

Key Insights from the UK Construction Equipment Sector Report 2023 CTION ONSTRUOR REPORT C ’S K THE U MENT SECT EQUIP 2023 S

IGURE

ND F CTS A 2022 FA REVENUE TOTAL 2022 >£15bn 2018 >£13bn 2013 >£11bn

GVA 22 bn 20 >£2.5 18 bn 20 >£2.3

ARE RT SH TION EXPO ODUC OF PR >60%

MENT EMPLOY TOTAL 00 >44,0

ING RANK WORLD ally ob 5th Gl pe ro 1st Eu

N UCTIO

OD HINE PR UK MAC units 2022 00 >68,5 units 2018 00 >60,0

&

ES

MPANI

R OF CO

NUMBE 0 >1,50

D

IN R& MENT INVEST pa >£250m

S)

NE (MACHI

The Construction Equipment Association (CEA) has released the fourth edition of its UK Construction Equipment Sector report for 2023. The report is authored by Knibb Gormezano and partners, and contains additional information from Off Highway Research.

Despite challenges including Brexit, COVID, and supply chain constraints, the sector has shown strong resilience, achieving recordbreaking revenues, production volumes, and employment figures. &

AUTUMN 2023

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