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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 | Feb 2015

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

The Forklift & Conveyor 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
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 10-15
4.2%
Annual Growth 15-20
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Profit
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Employment
12,434
Businesses
140
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 the industry moves further from the booming recovery and competitive pressure from imports increases in the next five years, revenue is expected to slow considerably... purchase to read more

Industry Report - Industry Investment Chapter

Capital intensity in the Forklift and Conveyor Manufacturing industry (based on the ratio of depreciation to wages) is low. In 2015, wages are estimated to account for one-fifth of total industry revenue. Meanwhile, depreciation costs, which serve as a proxy for capital investments, are estimated to total about 1.8%. As such, for every dollar the industry spends on labour, it invests just $0.11 into capital purchases. Although a move to reduce wage costs through the adoption of automated production equipment has reduced industry employment, human labour is still required for assembly and quality control tasks. Further, much attention has been focused on developing more fuel-efficient lift trucks and process equipment with predictive diagnostics... 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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