In forklifts, the machine performance is largely depended on the transmission performance. The aim of this paper is to develop a complete model of transmission control valve (TMV) system of a typical forklift using AMESim simulation tool. By using the developed TMV model, it becomes easy to investigate the system concept, working principle, and performance. In addition, an optimization on the TMV structure can be achieved by using this model with tunable parameters. Simulations have been carried out in a comparison with the actual experiments to verify the model.