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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 2016

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 11-16
Annual Growth 16-21
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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 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 2016, wages are estimated to account for 19.7% of total industry revenue. Meanwhile, depreciation costs, which serve as a proxy for capital investments, are estimated to total 1.8%. As a result, for every dollar the industry spends on labour, it invests just $0.09 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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