The global telehandler market size reached US$ 6.5 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 9.2 Billion by 2028, exhibiting a growth rate (CAGR) of 6.0% during 2022-2028.
A telehandler, also known as a teleporteror a telescopic handler, is multi-purpose equipment that assists in lifting heavy loads from trucks, cleaning up sites, moving materials, and plowingdirt or sand. It is usually fitted with attachments, such as pallet forks, winches, muck grabs, and buckets. It offers various advantages, such as flexibility,suitability for on-road and off-road driving, high load capacity, and excellent loading height. As a result, it finds extensive applications in various industries, including construction, agriculture, and mining.
2. What is the expected growth rate of the global telehandler market during 2023-2028?
3. What are the key factors driving the global telehandler market?
4. What has been the impact of COVID-19 on the global telehandler market?
5. What is the breakup of the global telehandler market based on the product?
6. What is the breakup of the global telehandler market based on the application?
7. What are the key regions in the global telehandler market?
8. Who are the key players/companies in the global telehandler market?
A telehandler, also known as a teleporteror a telescopic handler, is multi-purpose equipment that assists in lifting heavy loads from trucks, cleaning up sites, moving materials, and plowingdirt or sand. It is usually fitted with attachments, such as pallet forks, winches, muck grabs, and buckets. It offers various advantages, such as flexibility,suitability for on-road and off-road driving, high load capacity, and excellent loading height. As a result, it finds extensive applications in various industries, including construction, agriculture, and mining.
Telehandler Market Trends:
Increasing construction activities in the residential, commercial, and industrial sectors represent one of the key factors positively influencing the demand for telehandlers toload and unload construction material. In addition, the growing adoption of modern farming practices across the globe is increasing the use of telehandlers equipped with various attachments to move agricultural materials, such as stacks of hay, livestock feed and fodder, and heavy containers. They are also utilized for landscaping and other gardening activities in numerous urban planning projects. Apart from this, rapid industrialization is catalyzing the usage of telehandlers in solid waste management and recycling activities. In line with this, the advent of construction equipment rental services is favoring the market growth. This is also enabling the equipment manufacturers and rental fleet owners to reach a broader consumer base and provide customized solutions. In addition, the development of electric engine telehandlers with higher loadbearing and 360-degree movement capabilities are creating a positive outlook for the market. Besides this, increasing investments by governing agencies of numerous countries in infrastructural developments are anticipated to drive the market.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global telehandler market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on product, type, ownership, height, capacity and application.Breakup by Product:
- Compact Telehandler
- Large Telehandler
Breakup by Type:
- Rotating
- Non-rotating
Breakup by Ownership:
- Rental
- Personal
Breakup by Height:
- Less Than 50 ft
- 50 ft & Above
Breakup by Capacity:
- Below 3 Tons
- 3-10 Tons
- Above 10 Tons
Breakup by Application:
- Construction
- Agriculture
- Forestry
- Mines and Quarries
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being AB Volvo, Caterpillar Inc., Doosan Infracore Co. Ltd., Haulotte Group (Solem SA), J.C. Bamford Excavators Limited, JLG Industries Inc. (Oshkosh Corporation), Komatsu Limited, Liebherr Maschinen Bulle AG, Manitou Group, Merlo S.p.A. Industria Metalmeccanica, Skyjack Inc. (Linamar Corporation), Terex Corporation and Wacker Neuson SE.Key Questions Answered in This Report
1. How big is the global telehandler market?2. What is the expected growth rate of the global telehandler market during 2023-2028?
3. What are the key factors driving the global telehandler market?
4. What has been the impact of COVID-19 on the global telehandler market?
5. What is the breakup of the global telehandler market based on the product?
6. What is the breakup of the global telehandler market based on the application?
7. What are the key regions in the global telehandler market?
8. Who are the key players/companies in the global telehandler market?
Table of Contents
1 Preface3 Executive Summary14 Value Chain Analysis16 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Telehandler Market
6 Market Breakup by Product
7 Market Breakup by Type
8 Market Breakup by Ownership
9 Market Breakup by Height
10 Market Breakup by Capacity
11 Market Breakup by Application
12 Market Breakup by Region
13 SWOT Analysis
15 Porters Five Forces Analysis
17 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- AB Volvo
- Caterpillar Inc.
- Doosan Infracore Co. Ltd.
- Haulotte Group (Solem SA)
- J.C. Bamford Excavators Limited
- JLG Industries Inc. (Oshkosh Corporation)
- Komatsu Limited
- Liebherr Maschinen Bulle AG
- Manitou Group
- Merlo S.p.A. Industria Metalmeccanica
- Skyjack Inc. (Linamar Corporation)
- Terex Corporation and Wacker Neuson SE
Methodology
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