Forklift & Conveyor Equipment Manufacturing in the US

Going Up

The industry is experiencing elevated internal price competition. R&D, new technologies and licensing agreements will convey competitive edge and lift market share. Renewed high rise residential apartment developments and heightened commercial (office, retail, hotel, airport seaport and industry) building construction, will raise the industry to new heights.

This industry comprises establishments primarily engaged in manufacturing material handling equipment, such as elevators and moving stairs; conveyors and conveying equipment; overhead traveling cranes, hoists, and monorail systems; and industrial trucks, tractors, trailers, and stacker machinery. 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.