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Forklift & Conveyor Manufacturing in Montana

Author.Name IBISWorld United States Last Updated: April 2025 NAICS MT33392

Forklift & Conveyor Manufacturing in Montana industry analysis

The Forklift & Conveyor Manufacturing industry in Montana is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to x locations. Industry employment has increased an annualized x.x% to xx workers, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to stagnate x% to x locations. Industry employment is expected to decrease an annualized -x.x% to xx workers, while industry wages are forecast to decrease -x% to $x.x million.

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About the Forklift & Conveyor Manufacturing in Montana Market Research Report

What’s Included in the Forklift & Conveyor Manufacturing in Montana Market Research Report

Definition of the Forklift & Conveyor Manufacturing in Montana?

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 Montana?

The Forklift & Conveyor Manufacturing in Montana 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 Montana 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 Montana

Benchmark the Forklift & Conveyor Manufacturing in Montana industry performance with all MT county and national performance.

Forklift & Conveyor Manufacturing in Montana

#45 in Highest Revenue 0% of state's GDP
Revenue (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 Montana

See how key industry drivers, such as population, newly issued building permits, new business formation, industrial production index, price of steel and us gross domestic product (gdp) are impacting Forklift & Conveyor Manufacturing in Montana

Montana Economic Indicators

Population
Newly issued building permits
New Business Formation

View more economic information in MT 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 Montana

Access proprietary data on county in the Forklift & Conveyor Manufacturing in Montana, such as Missoula County, Yellowstone County and Jefferson County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Forklift & Conveyor Manufacturing industry in Montana

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Forklift & Conveyor Manufacturing industry in Montana in 2025?

The market size of the Forklift & Conveyor Manufacturing industry in Montana is $20.5m in 2025.

How many businesses are there in the Forklift & Conveyor Manufacturing industry in Montana in 2025?

There are 4 businesses in the Forklift & Conveyor Manufacturing industry in Montana, which has been growing at an average annual rate of 5.9% from 2020 to 2025.

Has the Forklift & Conveyor Manufacturing industry in Montana grown or declined over the past 5 years?

The market size of the Forklift & Conveyor Manufacturing industry in Montana has been declining at an average annual rate of -5.5% from 2020 to 2025.

How many employees in the Forklift & Conveyor Manufacturing industry in Montana in 2025?

There are 83 employees in the Forklift & Conveyor Manufacturing industry in Montana, which has been growing at an average annual rate of 2.6% from 2020 to 2025.