Telehandler Market Trends 2022 | Growth, Share, Size, Demand and Future Scope 2027

According to the latest report by IMARC Group, titled Telehandler Market "Global Industry Trends, Size, Growth, Opportunity and Forecast 2022-2027"The global telehandler market reached a value of US$ 6.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 8.6 Billion by 2027, exhibiting a CAGR of 5.8% during 2022-2027.

A telehandler, or telescopic handler, refers to a versatile lifting machine that can be converted to crane equipment for grabbing and clamping construction material. It is fitted with various attachments, such as pallet forks, winches, muck grabs and buckets to lift and move heavy industrial pipes, buckets, cartons and construction materials, and dig trenches and underground mines. It offers various advantages, such as suitability for on-road and off-road driving, high load capacity, flexibility and high loading height. As a result, it finds extensive applications across various industries, including construction, agriculture and mining.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Telehandler Market Trends:

Rapid industrialization across the globe is one of the key factors driving the growth of the market. Furthermore, increasing utilization of telehandlers for solid waste management and recycling activities is providing a thrust to the market growth. Telehandlers are equipped with various attachments to move agricultural materials, such as stacks of hay, livestock feed and fodder and heavy containers. They are also used for landscaping and other gardening activities in numerous urban planning projects. In line with this, the advent of rental services of construction equipment is also favoring the market growth. This, in turn, has enabled the equipment manufacturers and rental fleet owners to reach a broader consumer base and provide customized solutions. Additionally, various product innovations, such as the development of electric engine telehandlers with higher loadbearing and 360-degree movement capabilities, are creating a positive outlook for the market. Other factors, including rapid urbanization across developing economies, along with extensive infrastructural developments across the globe, are anticipated to drive the market further.

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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Global Telehandler Market 2022-2027 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
VOLVO(AB) (VLVLY), Caterpillar's (NYSE:CAT), 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), Corporation and Wacker Neuson SE.

The report has segmented the market on the basis of region, 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 Afric

Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/telehandler-market

If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Key highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022- 2027)
Porter's Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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