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Forklift & Conveyor Manufacturing in Rhode Island

Author.Name IBISWorld United States Last Updated: August 2025 NAICS RI33392

Forklift & Conveyor Manufacturing in Rhode Island industry analysis

The Forklift & Conveyor Manufacturing industry in Rhode Island is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments stagnated an annualized x% to x locations. Industry employment has decreased an annualized -x.x% to xx workers, while industry wages have decreased an annualized -x.x% to $x.x thousand.

Over the five years to 2030, the industry is expected to decline an annualized -x.x% to $x.x million, while the national industry is expected to grow x.x%. Industry establishments are forecast to stagnate x% to x locations. Industry employment is expected to decrease an annualized -x.x% to xx workers, while industry wages are forecast to decrease -x% to $x.x thousand.

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About the Forklift & Conveyor Manufacturing in Rhode Island Market Research Report

What’s Included in the Forklift & Conveyor Manufacturing in Rhode Island Market Research Report

Definition of the Forklift & Conveyor Manufacturing in Rhode Island?

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).

What’s included in the Forklift & Conveyor Manufacturing in Rhode Island?

The Forklift & Conveyor Manufacturing in Rhode Island includes industrial truck, tractor, trailer and stacker machinery, overhead traveling crane, hoist and monorail system, conveyor and conveying equipment and elevator and escalator. Related terms covered in the Forklift & Conveyor Manufacturing in Rhode Island industry report includes a mechanical device used to pull in (wind up) or let out (wind out) rope, chain or cable, production that eliminates waste, reduces inventory and improves productivity; originally developed by toyota, a device that employs a drum or lift-wheel and the wrapping of a rope, chain or cable to lift or lower a load, a flexible endless strip of fabric or linked plates driven by rollers and used to transport objects, the moving, storing and protecting of goods and products and the practice of moving manufacturing facilities back to the united states after having previously moved them abroad to benefit from labor cost savings.

Industry Performance of the Forklift & Conveyor Manufacturing industry in Rhode Island

Benchmark the Forklift & Conveyor Manufacturing in Rhode Island industry performance with all RI county and national performance.

Forklift & Conveyor Manufacturing in Rhode Island

#49 in Highest Revenue 0% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Forklift & Conveyor Manufacturing in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Forklift & Conveyor Manufacturing industry in Rhode Island

See how key industry drivers, such as population, gross state product, new business formation, industrial production index, producer price index: steel and us gross domestic product (gdp) are impacting Forklift & Conveyor Manufacturing in Rhode Island

Rhode Island Economic Indicators

Population
Gross State Product
New Business Formation

View more economic information in RI State Economic profile

US Key External Drivers

Industrial production index
Producer Price Index: Steel
US Gross domestic product (GDP)

For the full list of industry drivers, see report purchase options.

County Data of the Forklift & Conveyor Manufacturing industry in Rhode Island

Access proprietary data on county in the Forklift & Conveyor Manufacturing in Rhode Island, such as Kent County, Providence County and Newport County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Forklift & Conveyor Manufacturing industry in Rhode Island

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Forklift & Conveyor Manufacturing industry in Rhode Island in 2025?

The market size of the Forklift & Conveyor Manufacturing industry in Rhode Island is $2.9m in 2025.

How many businesses are there in the Forklift & Conveyor Manufacturing industry in Rhode Island in 2025?

There are 4 businesses in the Forklift & Conveyor Manufacturing industry in Rhode Island, which has been declining at an average annual rate of 0.0% from 2020 to 2025.

Has the Forklift & Conveyor Manufacturing industry in Rhode Island grown or declined over the past 5 years?

The market size of the Forklift & Conveyor Manufacturing industry in Rhode Island has been declining at an average annual rate of -4.6% from 2020 to 2025.

How many employees in the Forklift & Conveyor Manufacturing industry in Rhode Island in 2025?

There are 18 employees in the Forklift & Conveyor Manufacturing industry in Rhode Island, which has been declining at an average annual rate of -1.1% from 2020 to 2025.