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Forklift & Pallet Loader Manufacturing Industry Market Research Report (NAICS 333924)

Forklift & Pallet Loader Manufacturing - Market Size and Forecast

The Forklift and Pallet Loader Manufacturing report contains both historical and forecasted statistics. Total market size figures from 2016 to 2026 reveal industry growth patterns and trends. Market size measurements include both public and private companies in the industry.

Market Size (Total Revenue)

Included in Report

% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data.

Industry Revenue ($ Billions)

Forklift & Pallet Loader Manufacturing Industry Revenue
  • 2016
  • 2017
  • 2018
  • 2019
  • 2020
  • 2021
  • 2022

Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.

Forklift & Pallet Loader Manufacturing - Geographic Breakdown by U.S. State

Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Forklift & Pallet Loader Manufacturing companies in the United States.

Forklift & Pallet Loader Manufacturing Revenue by State

US Market Size by State

Distribution by Company Size

Company SizeAll IndustriesForklift & Pallet Loader Manufacturing
Small Business (< 5 Employees)


Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)

Forklift & Pallet Loader Manufacturing - Income Statement (Average Financial Metrics)

Financial statement analysis determines averages for the following industry forces:
The report includes a traditional income statement from an "average" company (both public and private companies included).

Industry AveragePercent of Sales
Total Revenue


Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit

Average Income Statement

Average Income Statement

Cost of Goods Sold

Salaries, Wages, and Benefits



Depreciation and Amortization

Officer Compensation

Net Income

Forklift & Pallet Loader Manufacturing - Financial Ratio Analysis

Financial ratios allow a company's performance to be compared against that of its peers.

Financial RatioIndustry Average
Profitability Ratios


Profit Margin
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio

Forklift & Pallet Loader Manufacturing - Product Mix

Product DescriptionDescriptionRevenue
($ Millions)

Industrial truck, trailer, and stacker mfg.


Ind. trucks/tractors, mobile straddle carriers/cranes/etc.

Work trucks, operator riding, self-propelled, electric motor

Work trucks/etc. fitted/not fitted w/ lifting/hand. equip.

Bulk powered material moving equip., dock boards/etc.

Other hand carts and vehicles

Other work trucks with lifing & handling equipment

Ind. trucks/tractors, mobile straddle carriers/cranes/etc., nsk

Parts/attachments, industrial trucks/tractors (sold separately)

Ind. truck, tractor, trailer, & stacker machinery, nsk, total

Forklift & Pallet Loader Manufacturing - Compensation and Salary Surveys

TitlePercent of WorkforceBottom QuartileAverage (Median) SalaryUpper Quartile
Management Occupations7%


Chief Executives0%
General and Operations Managers2%
Architecture and Engineering Occupations10%
Office and Administrative Support Occupations10%
Production Occupations52%
Assemblers and Fabricators17%
Assemblers and Fabricators, All Other, Including Team Assemblers12%
Metal Workers and Plastic Workers26%
Welding, Soldering, and Brazing Workers6%
Welders, Cutters, Solderers, and Brazers6%
Other Production Occupations6%

Government Contracts

In 2008, the federal government spent a total of $150,398,368 on the forklift & pallet loader manufacturing industry. It has awarded 1,497 contracts to 346 companies, with an average value of $434,677 per company.

Forklift & Pallet Loader Manufacturing and Adjacent Industries - Top Companies

($ Millions)


Forklift & Pallet Loader Manufacturing Industry Report
GeographyUnited States  
Publication DateJanuary 2021
Report FormatPDF Download  

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