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There are xx businesses in the Forklift & Conveyor Manufacturing industry in the US, which is expected to grow at xx% over the next five years. Operators in this industry manufacture equipment used to lift or move materials. Major products and services include forklifts, conveyor equipment manufacturing, cranes, hoist systems, industrial trucks, stacker machinery and all related parts and upkeep of products. This industry excludes operators that manufacture construction-type tractors and cranes, as these companies are included in the Construction Machinery Manufacturing industry (IBISWorld report 33312).
Curious about what drives these trends? IBISWorld's Forklift & Conveyor Manufacturing in the US industry coverage has got you covered.
Total value (#) and annual change from 2012 – 2030.
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| Industry | Sector | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Elevator Installation & Service in the US |
|
XX% | XX% | $XX |
| Tractors & Agricultural Machinery Manufacturing in the US |
|
XX% | XX% | $XX |
| Construction Machinery Manufacturing in the US |
|
XX% | XX% | $XX |
| Engine & Turbine Manufacturing in the US |
|
XX% | XX% | $XX |
| Truck Trailer & Motor Home Manufacturing in the US |
|
XX% | XX% | $XX |
| Forklift & Conveyor Manufacturing in Canada |
|
XX% | XX% | $XX |
| Conveyor & Crane Manufacturing in Australia |
|
XX% | XX% | $XX |
| Lifting & Handling Equipment Manufacturing in the UK |
|
XX% | XX% | $XX |
When the stakes are high, you need intelligence that cuts through the noise—wherever you work.
There is 1,469 Forklift & Conveyor Manufacturing in the US businesses as of 2026, an increase of 0.5% from 2025.
The number of Forklift & Conveyor Manufacturing in the US businesses has grown 1.4% per year on average over the five years between 2021 and 2026.
See our full analysis of the Forklift & Conveyor Manufacturing in the US to understand if the mumber of bussinesses is expected to grow or decline over the next five years.
The Forklift & Conveyor Manufacturing in the US has low market share concentration and the largest business is Toyota Material Handling USA Inc..