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Forklift Manufacturing in the US: Market Research Report

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

Forklift Manufacturing Market Research Report | Industrial Machinery, Gas & Chemicals | Specialized Vehicle Manufacturing | Dec 2012

Uplifting: Recovering economics and rising downstream demand will bring back steady revenue growth

The Forklift 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
Crown Equipment Corporation Crown Equipment Corporation market share
NACCO NACCO market share
Toyota Industries Toyota Industries market share
Industry Statistics & Market Size
Revenue
$9bn
Annual Growth 07-12
-2.0%
Annual Growth 12-17
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Profit
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Employment
27,553
Businesses
494
Industry Analysis & Industry Trends

Before the economic downturn, favorable conditions in the construction sector and strong demand from the manufacturing and freight sectors underpinned booming activity in the Forklift Manufacturing industry. During this time, exports expanded as major players derived strong sales growth from Latin American and Asian markets. Still, the economic recession created dramatic decreases in revenue. While the industry has rebounded since 2012, growth was mitigated by these steep declines. This trend will continue through 2017, however revenue will expand at a steadier and faster rate.... purchase to read more

Industry Report - Industry Investment Chapter

The Forklift Manufacturing industry has a low level of capital intensity, as demonstrated by the amount participants spend on wages as compared to capital expense. In 2012, for every dollar spent on wages, manufacturers operating in the industry will spend $0.10 on machinery, equipment and other depreciable assets. This industry relies heavily on human labor to carry out tasks such as overseeing research and development initiatives, monitoring production processes, providing customer service and performing maintenance and repairs. Nonetheless, depreciation costs, which serve as a proxy for capital investments, have risen slightly in recent years, due to the industry's increasing shift toward automated production... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Forklift Manufacturing Industry?

Companies in this industry primarily manufacture forklifts, which are also known as industrial trucks. Forklifts include truck-type and hand-type pallet movers, skid jacks, portable stackers, straddle carriers, bomb lifts and loading and engine hoists. The manufacture of parts and attachments is included, but revenue from manufacturer-provided services is excluded.

Industry Products
Internal combustion engine work trucksMotorized hand-guided work trucksElectric operator-riding work trucks
 
Industry Activities
Manufacturing electric operator-riding work trucksManufacturing motorized hand-guided work trucksManufacturing internal combustion engine work trucksManufacturing parts and attachments for industrial trucks


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