Forklift Manufacturing - Industry Market Research Report

  • ID: 2392224
  • Report
  • Region: Global
  • 32 pages
  • IBISWorld
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Renewed lift: Reinvestment in construction and manufacturing will strengthen revenue growth

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.

Note: Product cover images may vary from those shown
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ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY
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