About the Forklift & Conveyor Manufacturing in Michigan Market Research Report
What’s Included in the Forklift & Conveyor Manufacturing in Michigan Market Research Report
Definition of the Forklift & Conveyor Manufacturing in Michigan?
Operators in this industry manufacture equipment used to lift or move materials. Major products and services include forklifts, conveyor equipment manufacturing, cranes, hoist systems, industrial trucks, stacker machinery and all related parts and upkeep of products. This industry excludes operators that manufacture construction-type tractors and cranes, as these companies are included in the Construction Machinery Manufacturing industry (IBISWorld report 33312).
What’s included in the Forklift & Conveyor Manufacturing in Michigan?
The Forklift & Conveyor Manufacturing in Michigan includes industrial truck, tractor, trailer and stacker machinery, overhead traveling crane, hoist and monorail system, conveyor and conveying equipment and elevator and escalator. Related terms covered in the Forklift & Conveyor Manufacturing in Michigan industry report includes a mechanical device used to pull in (wind up) or let out (wind out) rope, chain or cable, production that eliminates waste, reduces inventory and improves productivity; originally developed by toyota, a device that employs a drum or lift-wheel and the wrapping of a rope, chain or cable to lift or lower a load, a flexible endless strip of fabric or linked plates driven by rollers and used to transport objects, the moving, storing and protecting of goods and products and the practice of moving manufacturing facilities back to the united states after having previously moved them abroad to benefit from labor cost savings.
Industry Performance of the Forklift & Conveyor Manufacturing industry in Michigan
Benchmark the Forklift & Conveyor Manufacturing in Michigan industry performance with all MI county and national performance.
Forklift & Conveyor Manufacturing in Michigan
#5 in Highest Revenue 6.1% of state's GDPRevenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
Forklift & Conveyor Manufacturing in the US
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)
For the full list of industry drivers, see report purchase options.
Key Drivers of the Forklift & Conveyor Manufacturing industry in Michigan
See how key industry drivers, such as are impacting Forklift & Conveyor Manufacturing in Michigan
Michigan Economic Indicators
Population
Net Migration
View more economic information in MI State Economic profile
US Key External Drivers
Industrial production index
Price of steel
US Gross domestic product (GDP)
For the full list of industry drivers, see report purchase options.
County Data of the Forklift & Conveyor Manufacturing industry in Michigan
Access proprietary data on county in the Forklift & Conveyor Manufacturing in Michigan, such as Oakland County, Wayne County and Macomb County. Data includes figures on revenue, establishments, employees and wages by counties.
Key Statistics of the Forklift & Conveyor Manufacturing industry in Michigan
Download 18 years of historical data and 5 years of projected performance.
