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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

IBISWorld’s Forklift & Conveyor Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 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 even that company controls less than one-tenth of the total industry market. An estimated 72.1% of all industry establishments operate with fewer than 20 employees. Declining manufacturing activity in Canada, coupled with pressure from lower-priced imports, has limited demand for this industry's products in recent years, and companies have exited the industry as a result, with the total number of industry enterprises declining 5.1% per year on average since 2010. As such, market share concentration has increased during the past five years... 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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