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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

IBISWorld’s Forklift Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 Locations Chapter

Across the country, the location of raw materials and, to a lesser extent, wholesalers and export markets (i.e. ports) influence the location of manufacturing establishments. Companies located near sources of key inputs and downstream markets benefit from greater efficiencies in transport, which helps improve profit. As a result, forklift manufacturers tend to cluster in heavily populated urban or highly industrialized areas near downstream manufacturing, warehousing and construction markets. According to data from the US Census Bureau's County Business Patterns report, this industry's most concentrated regions by number of establishments include the Great Lakes, Southeast and Plains regions... 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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