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Forklift & Conveyor Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Forklift & Conveyor Manufacturing Market Research Report | NAICS 33392 | Jul 2014

Lifting up: Improving freight and manufacturing activity will spur a modest rise in demand

The Forklift & Conveyor Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$34bn
Annual Growth 09-14
6.4%
Annual Growth 14-19
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Profit
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Employment
73,677
Businesses
1,589
Industry Analysis & Industry Trends

Prior to the economic downturn, favorable conditions in the construction sector and strong demand from the manufacturing and freight sectors underpinned booming activity in the Forklift and Conveyor Manufacturing industry. However, the economic recession dramatically altered the outlook for the industry. Still, with downstream markets beginning to revive, revenue will grow modestly and demand for industry products will rise... purchase to read more

Industry Report - Industry Products Chapter

The goods produced by the Forklift and Conveyor Manufacturing industry are divided into four broad product segments. In addition to these goods, most enterprises in this industry factor repairs and maintenance into their revenue. Although these receipts represent only a marginal amount of revenue compared with the sales of goods, most major companies see customer service as key to establishing and maintaining customer loyalty in this industry.

Overhead cranes, hoists and monorail systems

This segment includes aerial work platforms, overhead traveling cranes, winches and automobile hoists, which are primarily used in industrial settings such as manufacturing or warehousing... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Forklift & Conveyor Manufacturing Industry?

Firms in this industry manufacture equipment used to lift or move materials. Major products include forklifts; industrial tractors and trucks; escalators and elevators; conveyors; overhead hoists, winches, cranes and monorail systems; and related parts, attachments and equipment. This industry excludes firms that manufacture construction-type tractors and cranes; these firms are included in the Construction Machinery Manufacturing industry (IBISWorld report 33312).

Industry Products
Forklifts and industrial trucks, trailers and stackersOverhead cranes, hoists and monorail systemsConveyors and conveying equipmentElevators and escalators
 
Industry Activities
Industrial truck, tractor, trailer and stacker machineryOverhead traveling crane, hoist and monorail system Conveyor and conveying equipment Elevator and escalator


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