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Forklift Manufacturing - Industry Market Research Report

Forklift Manufacturing

Despite growing demand across construction, manufacturing and freight-handling industries, revenue for the Forklift Manufacturing industry is expected to decline over the five years to 2017 as a result of low commodity prices. Forklift manufacturers have been able to capitalize on falling steel prices to boost profit margins. In addition, operators have engaged in significant production automation, enabling them to contain wage costs. Recovering construction and manufacturing markets abroad have increased demand for high-quality forklifts; however, a rapidly increasing trade-weighted index has led to a decrease in exports. Moving forward, IBISWorld expects the industry to benefit from growing demand for forklifts domestically and abroad. Over the five years to 2022, industry revenue is forecast to grow.

Companies in this industry primarily manufacture forklifts, which are also known as industrial trucks. Forklifts include truck-type and hand-type pallet movers, skid jacks and portable stackers. Forklifts can load material and transport it over short distances and are used heavily in the construction, manufacturing and freight logistics sectors. This industry’s operations also include the manufacture and sale of parts and attachments for forklifts.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


  • About this Industry
  • Industry at a Glance
    • Table Key Statistics Snapshot
    • Table Revenue vs. employment growth
    • Table Products and services segmentation (2017)
    • Table Industry Structure
  • Industry Performance
    • Table Value of construction
    • Table Industry revenue
    • Table Life Cycle Stage
  • Products & Markets
    • Table KEY BUYING INDUSTRIES
    • Table KEY SELLING INDUSTRIES
    • Table Products and services segmentation (2017)
    • Table Major market segmentation (2017)
    • Table Industry trade balance
    • Table Exports To
    • Table Business Locations 2017
    • Table Distribution of establishments vs. population
  • Competitive Landscape
    • Table Sector vs. Industry Costs
    • Table Barriers to Entry checklist
    • Table Trade Globalization
  • Major Companies
    • Table Major players (Market share)
    • Table Toyota (industry-specific) - financial performance*
    • Table Crown Equipment (industry-specific operations) - financial performance*
    • Table Hyster-Yale (industry-specific operations) - financial performance
  • Operating Conditions
    • Table Capital intensity
    • Table Tools of the Trade: Growth Strategies for Success
    • Table Volatility vs. growth
  • Key Statistics
    • Table Industry Data
    • Table Annual Change
    • Table Key Ratios
  • Jargon & Glossary

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