Telehandler Market Size 2022 Expected To Reach US$ 8.61 Billion With CAGR Of 5.80% By 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$ 6.19 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 8.61 Billion by 2027, exhibiting a CAGR of 5.80% during 2022-2027.

Telehandler is a hydraulic lifting machine used to transport heavy materials. It consists of an extendable crane-like tool called a boom that can be attached with various application-specific attachments, including buckets, carriages, forks, pipe grapples, sweepers, and tires. It offers high load capacity, flexibility, cost-effectiveness, versatility, impressive loading height, and on- and off-road driving. It also facilitates the diagonal lifting of materials, allowing for movement in confined spaces and around obstacles. At present, it is widely used in construction, agriculture, forestry, and mines and quarries across the globe.

Telehandler Market Trends:

The growing global population and a significant rise in construction activities across residential, commercial, and industrial sectors currently represent one of the key factors catalyzing the demand for telehandlers. In addition, they are widely employed in intensive agricultural activities on account of their durability, reliability, and stability. This, coupled with their ability to withstand extreme environmental conditions, is propelling the market growth. Additionally, due to rising environmental concerns, key market players are incorporating electrical engines in telehandlers to control air pollution. These telehandlers aid in reducing carbon dioxide emissions at the sites and developing a green working environment, which, in turn, is stimulating the growth of the market worldwide.

Request Free Sample Report: https://www.imarcgroup.com/telehandler-market/requestsample

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.

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)
Terexs Corporation
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 Africa

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

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

Note: We are in the process of updating our reports. If you want to receive the latest research data covering the time period from 2023 to 2028, along with industry trends, market size, and competitive analysis, click on the request sample report. The team would be able to deliver the latest version of the report in a quick turnaround time.

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Related Reports By IMARC Group:

Construction Equipment Market: https://www.openpr.com/news/2883917/construction-equipment-market-report-2023-industry-overview

Test and Measurement Equipment Market: https://www.openpr.com/news/2927434/test-and-measurement-equipment-market-size-share-forecast

Sales Performance Management Market: https://www.openpr.com/news/2929348/sales-performance-management-market-size-worth-us

Electric Truck Market: https://www.openpr.com/news/2835549/electric-truck-market-share-worth-around-us-1923-2-million

Flexible Intermediate Bulk Container Market: https://www.openpr.com/news/2837659/flexible-intermediate-bulk-container-market-to-reach-us-6-7

Contact Us:

IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA 
Website: https://www.imarcgroup.com
Follow us on Twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic, and technological developments for business leaders in pharmaceutical, industrial, and high-technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology, and novel processing methods are at the top of the company's expertise.

This release was published on openPR.