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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

IBISWorld’s Forklift & Conveyor Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 - 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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