Heavy Duty Telehandler Market Report 2025

The heavy duty telehandler market size has grown strongly in recent years. It will grow from $4.18 billion in 2024 to $4.43 billion in 2025 at a compound annual growth rate (CAGR) of 5.9%. The growth during the historic period can be attributed to increasing agricultural mechanization, a boom in industrial warehousing, urbanization and smart city initiatives, rising investments in renewable energy projects, and the introduction of multi-functional attachments.

The heavy duty telehandler market size is expected to see strong growth in the next few years. It will grow to $5.49 billion in 2029 at a compound annual growth rate (CAGR) of 5.5%. The growth anticipated in the forecast period can be linked to a surge in infrastructure investments, the emergence of green construction regulations, expansion in e-commerce and logistics, development of renewable energy infrastructure, and growing demand from defense and military sectors. Key trends in the forecast period include technological advancements in electric and hybrid engine telehandlers, the development of smart telehandler solutions, innovations in attachment systems, digitalization of fleet management, and the launch of compact and electric telehandlers.

The rise in construction activities is expected to drive the growth of the heavy duty telehandler market in the coming years. Construction activities involve building, repairing, or modifying structures such as buildings, roads, bridges, and other infrastructure. This increase is largely due to urbanization, as growing population density in urban areas heightens the demand for residential, commercial, and infrastructure development. Heavy duty telehandlers support construction efforts by providing high lifting capabilities and extended reach, making them crucial for managing heavy materials on-site. They enhance efficiency by allowing accurate material placement and minimizing manual labor, which in turn shortens project timelines. For example, in April 2025, the United States Census Bureau, a U.S.-based government agency, reported that construction spending reached $2.15 trillion in 2024, up from $2.02 trillion in 2023. Thus, the growth in construction activities is contributing to the expansion of the heavy duty telehandler market.

The increase in infrastructure development investments is anticipated to support the growth of the heavy duty telehandler market in the future. Infrastructure investments refer to expenditures on building and maintaining critical systems such as roads, bridges, utilities, and communication networks that are essential for economic and social development. These investments are growing due to urbanization and population expansion, as rising urban populations place pressure on existing infrastructure, prompting new development and upgrades. As a result, there is a higher demand for heavy duty telehandlers, which provide efficient material handling solutions on large construction sites. They enhance productivity by safely lifting and placing heavy materials, thereby streamlining complex infrastructure projects. For instance, in July 2024, the Office for National Statistics, a government department in the UK, reported that total general government infrastructure investment reached $17.25 billion (£13.8 billion) in 2023, a 3.9% rise from 2022. Therefore, growing infrastructure investment is driving demand in the heavy duty telehandler market.

Leading companies in the heavy duty telehandler market are emphasizing the development of advanced technologies, such as improved load-sensing systems, to increase efficiency, safety, and reduce operator fatigue. These enhanced systems use smart technology to automatically adjust hydraulic pressure and stability based on the load weight and lifting environment. For example, in February 2025, Manitou Group, a heavy equipment manufacturer based in France, introduced two new MTA telehandler models - the MTA 1242 MAX and MTA 1242 MAX E74 - engineered for greater power, stability, and efficiency in the construction and rental sectors. The MTA 1242 MAX is powered by a 127-horsepower engine, while the MAX E74 includes a more fuel-efficient 74-horsepower engine designed to lower long-term maintenance costs without compromising performance. These models also feature automatic leveling and intelligent load management, which ensure safe lifting even on uneven surfaces. Moreover, the telehandlers offer enhanced visibility and ergonomic controls, improving operator comfort and boosting productivity.

Major players in the heavy duty telehandler market are Caterpillar Inc., Volvo Construction Equipment AB, Komatsu Ltd., CNH Industrial N.V., Kubota Corporation, Xuzhou Construction Machinery Group Co. Ltd., Liebherr-International AG, HD Hyundai Infracore Co. Ltd., Sany Heavy Industry Co. Ltd., Oshkosh Corporation, J.C. Bamford Excavators Limited, Bobcat Company, Terex Corporation, Hyster-Yale Group Inc., Hyundai Construction Equipment Co. Ltd., Manitou BF S.A., Wacker Neuson SE, Skyjack Inc., JLG Industries Inc., Merlo S.p.A., Kramer-Werke GmbH, Lingong Machinery Group North America, Dieci S.r.l., Gehl Company.

North America was the largest region in the heavy duty telehandler market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in heavy duty telehandler report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the heavy duty telehandler market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s recommendations and conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The swift increase in U.S. tariffs and the ensuing trade tensions in spring 2025 are significantly affecting the machinery sector by increasing costs for steel, hydraulic systems, and precision bearings critical components often imported from tariff-affected regions. Manufacturers of construction, agricultural, and industrial machinery now face squeezed margins, as many long-term contracts prevent immediate price adjustments. The uncertainty has also delayed investment in automation and smart machinery technologies, slowing productivity gains. To adapt, firms are accelerating local supplier development, redesigning products to use alternative materials, and leveraging predictive maintenance to extend equipment lifespans amid higher replacement costs.

A heavy-duty telehandler is a sturdy lifting machine built to manage extremely heavy loads across construction, agriculture, mining, and industrial sectors. It combines the capabilities of both a forklift and a crane, featuring a telescopic boom that enables it to lift, move, and place materials at various heights and distances. This heavy-duty telehandler safely lifts and transports heavy materials over uneven terrain and to elevated locations.

The main categories of heavy-duty telehandlers include capacities of 1.25-2.5 metric tons (mt), 3-4 metric tons (mt), and 4-22 metric tons (mt). Telehandlers within the 1.25-2.5 metric ton capacity range are compact, lightweight machines designed to lift and move relatively smaller loads. They are powered by diesel, electric, or hybrid engines, serving a wide range of end users such as construction, agriculture, mining, manufacturing, oil and gas, transportation and logistics, power, and other industries.

The heavy duty telehandlers market research report is one of a series of new reports that provides heavy duty telehandlers market statistics, including heavy duty telehandlers industry global market size, regional shares, competitors with a heavy duty telehandlers market share, detailed heavy duty telehandlers market segments, market trends and opportunities, and any further data you may need to thrive in the heavy duty telehandlers industry. This heavy duty telehandlers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The heavy duty telehandler market consists of sales of pallet forks, general-purpose buckets, grapple buckets, truss booms, high-capacity telehandlers, telescopic handlers, and material handling arms. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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