Forklift & Conveyor Manufacturing in Canada: Market Research Report

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

Forklift & Conveyor Manufacturing in Canada Market Research Report | NAICS 33392CA | Mar 2014

Rolling forward: Increases in demand from the United States will aid revenue growth

IBISWorld’s Forklift & Conveyor Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 09-14
Annual Growth 14-19
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Industry Analysis & Industry Trends

Over the past five years, the Forklift and Conveyor Manufacturing industry in Canada has grown, benefiting from increased US demand for Canadian goods during the onset of economic recovery. As this recovery sustains and export demand continues to grow, revenue is expected to increase. However, growth will be somewhat slower over the next five years, as the boom experienced in 2011 and 2012 begins to settle... purchase to read more

Industry Report - Industry Key Buyers Chapter

Concentration in the industry is low, with a large number of mid-sized firms specializing in forklift parts and attachments or specialized conveyor systems. Only Skyjack manages to employ more than 500 people, and more than 60% all establishments operate with fewer than 10 employees (including non-employing firms, which carry no annual payroll). As economic downturns in US manufacturing and construction have limited demand for this industry's products, companies have been exiting the industry. As such, market share concentration has been increasing during the past five years. Market share concentration will likely continue to increase, as the largest Canadian companies that managed to endure the US recession leverage their size advantages to continue to grow their market shares... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Forklift & Conveyor Manufacturing Industry?

This industry manufactures equipment used to lift or move materials or people. Major products include forklifts and industrial trucks; escalators and elevators; conveyor belts, hoists, winches, cranes and monorail systems; and related parts, attachments and equipment.

Industry Products
Forklifts and industrial trucks, trailers and stackers Overhead cranes, hoists and monorail systems Conveyors and conveying equipment
Industry Activities
Industrial truck, tractor, trailer and stacker machineryOverhead traveling crane, hoist and monorail system Conveyor and conveying equipment Elevator and moving-stairway

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