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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 | Mar 2014

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 09-14
4.1%
Annual Growth 14-19
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Profit
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Employment
8,891
Businesses
299
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 - Starting a New Business Chapter

There are no significant barriers that would prevent potential forklift and conveyor manufacturers from entering this industry. Given the prominence of trade with the United States, new entrants would likely need sales contacts with US markets to succeed. Also, long-term supply contracts that lock in prices for raw inputs like steel and components help hedge against volatile commodity prices. While the industry exhibits a low level of capital intensity, initial investments into automation equipment could prove prohibitive for all but the most well-capitalized entrants. Last, the industry exhibits symptoms of decline, with company numbers falling and competition from substitutes (i.e. imports) consistently dominating domestic demand... 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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