Up and down: AccessM20 ranking reveals access sector slowdown amid macroeconomic headwinds

After five years of rapid growth, the global access last year showed signs of slowing down. Figures from the latest M20 report show turnover for the world’s largest access manufacturers grew by less than 2% last year to stand at US$14.9 billion. Euan Youdale finds out why.

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Turnover for the world’s largest access manufacturers grew by less than 2% in 2024, down from 21.6% the previous year as a convergence of macroeconomic challenges curbed momentum in what had been a rapidly growing market.

Weakening industrial activity across Europe and China, as well as a cooling in the…

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Euan Youdale Editor Tel: +44 (0)1892 786 214 E-mail: [email protected]
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