Telehandler Market Key Drivers, Restraints, Industry Size & Share, Opportunities, Trends, and Forecasts up to 2028

The global “Telescopic Handlers Market” is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled "Telescopic Handlers Market Size, Share and Industry Analysis By Types (Compact Telescopic Handlers, High lift Telescopic Handlers, High load Telescopic Handlers), By Technology (Hybrid, Electric, Combustion), By Lift Height (Less than 5 meters, 5-15 meters, More than 15 meters), By Lift Capacity (Less than 3 tons, 3-10 tons, More than 10 tons), By End-User Industry (Construction, Forestry, Others) and Regional Forecast 2019-2026". The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period.

The report evaluates the important characteristics of the market based on present industry scenarios, market demands and business strategies. Also, the research report separates the industry based on the Telescopic Handlers Market share, types, applications, growth factor, key players and regions.

"The global telescopic handlers market size stood at US$ 5,332.7 Mn in 2018 and is projected to reach US$ 9,596.9 Mn by 2026, exhibiting a CAGR of 7.6% during the forecast period"

Report Highlights:

A comprehensive overview of the Telescopic Handlers Market
Significant factors boosting, restricting, challenging and providing an opportunity to the market
Key insights and major industry developments
Significant players functioning in the Telescopic Handlers Market
Major strategies adopted by players such as the launch of new products for better revenue generation, company collaborations, and others
Other market trends

An Overview of the Impact of COVID-19 on this Market:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreaks across industries to help you prepare for the future.

Get a Sample Copy of the Report at - https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/100995

List of Top Key Manufacturers for Telescopic Handlers Market:

JC Bamford Excavator Ltd.
Caterpillar
Doosan Bobcat
CNH Industrial America LLC
Manitou BF
Wacker Neuson SE
Skyjack
HAULOTTE GROUP
JLG Industries
Komatsu Ltd.
AB Volvo

Several companies are upgrading their telescopic handlers to increase market share. For instance, Manitou upgraded its existing telehandler called MT 1135into a hybrid telehandler. The company is working with Deutz to produce hybrid telehandler MT 1335. Also, the company will continue to maintain its long-standing relationship with Road America. Manitou has been delivering construction equipment to Road America since 1989. The demand for aerial platform equipment is increasing, which drives the market. Considering this, the telescopic handlers market potential is likely to grow in the years to come.

“Rising Preference Towards Electric Telehandlers to Reduce Operational and Labor Costs”

“The rapidly growing infrastructure sector augments the demand for innovative and advanced construction equipment, which increases the telescopic handlers market share,” states a lead analyst at Fortune Business Insights. Integration of telematics in telehandlers and increasing adoption of hybrid telescopic handlers are positively impacting the growth of the market. Stringent environmental policies are compelling companies to manufacture electric telehandlers enabled with electric engine technology. A program called National Clean Air Program or NCAP was launched in 2019 in India. The program gives a clear understanding of how to control and reduce air pollution levels.

Electric telehandlers help to reduce carbon dioxide emissions across construction sites, which leads to a green and sustainable working environment. In order to follow the government guidelines, consumers are focusing on electric or green telehandlers. Governments around the world are encouraging consumers to use renewable sources of energy with an aim to introduce eco-friendly and efficient engines for telehandlers. All the above factors are expected to expand the telescopic handlers market size in the forthcoming years.

Some of the Key Questions Answered in this Report:

Detailed Overview of Telescopic Handlers Market will help deliver clients and businesses making strategies.
Influencing factors that are thriving demand and latest trends running in the market.
Telescopic Handlers Market forecast for global market split into segments like region, product, applications, end-user, technology, etc.
What trends, challenges and barriers will impact the development and sizing of the Global Telescopic Handlers Market?
SWOT Analysis of each defined key player along with its profile and Porter’s five forces analysis to complement the same.
What is the Telescopic Handlers Market growth momentum or market carries during the forecast period?
Which region may tap the highest market share in the coming era?
Which application/end-user category or Product Type may seek incremental growth prospects?
What focused approach and constraints are holding the Telescopic Handlers Market demand?

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Regional Analysis for Telescopic Handlers Market:

North America (the USA and Canada)
Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
Latin America (Brazil, Mexico and Rest of Latin America)

The Telescopic Handlers Market research report offers a complete assessment of the industry. The projections included in the report have been determined utilizing demonstrated research philosophies and presumptions.

Name: Ashwin Arora
Email: sales@fortunebusinessinsights.com
Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245

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This release was published on openPR.