| 1. |
INTRODUCTION |
7 |
| 2. |
SUMMARY |
6 |
| 3. |
ECONOMIC BACKGROUND |
9 |
| 3.1 |
GDP |
9 |
| 3.2 |
INFLATION & INTEREST RATES |
10 |
| 3.3 |
UNEMPLOYMENT |
11 |
| 3.4 |
HOUSEHOLD CONSUMPTION |
11 |
| 3.5 |
HOUSING & CONSTRUCTION |
12 |
| 3.6 |
CONCLUSIONS |
13 |
| 4. |
PLANT HIRE MARKET |
14 |
| 4.1 |
DEFINITION |
14 |
| 4.2 |
MARKET STRUCTURE |
16 |
| 4.3 |
MARKET SIZE |
18 |
| 4.3.1 |
Market Background |
18 |
| 4.3.2 |
Future Prospects |
22 |
| 5. |
PLANT HIRE COMPANIES |
26 |
| 5.1 |
MARKET STRUCTURE |
26 |
| 6. |
PRODUCTS |
39 |
| 6.1 |
PRODUCT MIX |
39 |
| 6.2 |
PRODUCT TRENDS |
40 |
| 6.2.1 |
Earth Moving Equipment |
41 |
| 6.2.2 |
Lifting Plant |
46 |
| 6.2.3 |
Construction |
55 |
| 6.2.4 |
Road-Making Equipment |
59 |
| 6.2.5 |
Compressors/Generators/Lighting/Welding |
62 |
| 6.2.6 |
Others/Non-Mechanical Plant |
66 |
| 7. |
KEY MARKET INFLUENCES |
73 |
| 7.1 |
UK ECONOMY |
73 |
| 7.2 |
CONSTRUCTION:CONTRACTORS OUTPUT |
73 |
| 7.3 |
MANUFACTURING OUTPUT |
75 |
| 7.4 |
SELF-BUILD MARKET |
77 |
| 7.5 |
PREFABRICATED BUILDINGS |
79 |
| 7.6 |
CLADDING |
80 |
| 7.7 |
WASTE |
82 |
| 7.8 |
LEGISLATION |
84 |
| 7.8.1 |
The Aggregates Tax |
84 |
| 7.8.2 |
Health & Safety, etc. |
85 |
| 7.9 |
WIND TURBINES |
87 |
| 7.10 |
RAILWAY SECTOR |
88 |
| 8. |
FUTURE PROSPECTS |
90 |
|
| LIST
OF TABLES AND CHARTS |
| CHART 1 |
UK PLANT HIRE MARKET 1998-2007 AT
£M MSP |
6 |
| CHART 2 |
INTEREST RATES AND INFLATION (RPI)
FROM 1990-2005 |
10 |
| CHART 3 |
PDI & SAVINGS RATIO 1980-2005 |
12 |
| CHART 4 |
PLANT HIRE DISTRIBUTION STRUCTURE |
17 |
| TABLE 5 |
UK PLANT HIRE MARKET AT HIRE
MARKET PRICES 1996-2003 |
18 |
| TABLE 6 |
UK TOOL HIRE MARKET 1996-2004 AT
HIRE MARKET PRICES |
20 |
| CHART 7 |
PLANT HIRE MARKET 2000-2007 |
23 |
| TABLE 8 |
MARKET SHARES OF THE UK PLANT
HIRE OPERATORS - 2003 |
27 |
| TABLE 9 |
MARKET SHARES OF LEADING TOOL
HIRE COMPANIES BY VALUE 2003 |
36 |
| TABLE 10 |
HIRE COMPANY PRODUCT MIX 2003 £M
AT HIRE MARKET VALUE |
40 |
| TABLE 11 |
HIRE MARKET FOR EARTH MOVING
PRODUCTS AT HIRE MARKET VALUE 2003 |
42 |
| TABLE 12 |
HIRE MARKET FOR LIFTING PLANT AT
HIRE MARKET VALUE 2003 |
47 |
| CHART 13 |
UK MEWP MARKET 2003 MIX BY VOLUME |
53 |
| TABLE 14 |
HIRE MARKET FOR CONSTRUCTION
PLANT AT HIRE MARKET VALUE 2003 |
56 |
| TABLE 15 |
HIRE MARKET FOR ROAD MAKING
PRODUCTS AT HIRE MARKET VALUE 2003 |
60 |
| TABLE 16 |
HIRE MARKET FOR COMPRESSORS,
GENERATORS ETC AT HIRE MARKET VALUE 2003 |
63 |
| TABLE 17 |
HIRE MARKET FOR NON-MECHANICAL
PLANT: ENVIRONMENTAL AND PORTABLE ACCOMMODATION AT HIRE MARKET
VALUE 2003 |
66 |
| CHART 18 |
UK PLANT HIRE MARKET FOR HEATING,
DRYING & COOLING 2003 HIRE MARKET PRICES |
69 |
| CHART 19 |
MIX OF AIR CONDITIONING SYSTEMS
BY VALUE 1993 TO 2002 |
71 |
| TABLE 20 |
CONTRACTORS OUTPUT - NEW WORK AND
RMI NON HOUSING - CURRENT PRICES (£ MILLION) 1995-2004 |
73 |
| TABLE 21 |
NEW ORDERS OBTAINED BY
CONTRACTORS 1994-2003 CURRENT PRICES |
74 |
| TABLE 22 |
LEVEL OF UK MANUFACTURING OUTPUT
1997-2004 (1995 = 100) |
76 |
| TABLE 23 |
EXCHANGE RATE FLUCTUATIONS
1997-2004 - DM, DOLLARS, AND THE ECU TO THE POUND STERLING,
SPOT RATES |
77 |
| CHART 24 |
SELF-BUILD HOUSE-BUILDING MARKET
BY VOLUME1998-2004 |
78 |
| CHART 25 |
PREFABRICATED BUILDINGS MARKET
1996-2007 AT £M MSP |
79 |
| TABLE 26 |
UK WALL CLADDING MARKET 1998-2007
AT CURRENT PRICES |
80 |
| TABLE 27 |
UK WALL CLADDING MARKET- PRODUCT
MIX BY TYPE BY VALUE 2003 |
81 |
| CHART 28 |
ESTIMATED WASTE ARISINGS BY
ORIGIN 2000/01 |
83 |