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Telehandler Market to Reach USD 11.6 Billion by 2035, Growth Driven by Construction, Rental, and Electrification

02-18-2026 04:04 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

Telehandler Market

Telehandler Market

The global Telehandler Market is estimated at USD 6.7 billion in 2025 and projected to reach USD 11.6 billion by 2035, growing at a CAGR of 5.6%. This steady growth reflects the increasing demand for versatile lifting and material handling equipment across construction, agriculture, and industrial applications. Telehandlers are gaining traction for their ability to combine the functionalities of forklifts, cranes, and loaders-offering operational flexibility and cost savings across industries.

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Market Overview and Growth Drivers

The global telehandler market is witnessing robust expansion, fueled by escalating infrastructure investments in developing economies. Governments are prioritizing construction projects to drive post-pandemic economic recovery, making telehandlers critical for modern, efficient, and safe worksites.

Agricultural and Industrial Adoption

Mechanization in agriculture and growth in warehousing and logistics are expanding telehandler applications. Their multifunctionality, high lift capacities, and advanced safety systems enhance operational efficiency, enabling businesses to streamline material handling and meet diverse project requirements effectively.

Rental Services Driving Market Penetration

Rental services accounted for 57.8% of the market in 2025, offering SMEs access to high-performance telehandlers without large capital expenditures. Key benefits include:

- Cost-effective machinery access
- Flexible deployment across multiple projects
- Reduced financial risk for small-scale operators

Key Growth Highlights

- Surge in infrastructure projects worldwide supports telehandler demand.
- Industrial warehousing and logistics expansion create new operational opportunities.
- Multifunctional design and safety features drive adoption across sectors.
- Rental services increase market accessibility for SMEs, boosting overall utilization.

Segmental Insights

By Maximum Lift Height, the 30' to 60' segment dominates with 47% share in 2025, reflecting the rising demand for medium-lift machines in construction and warehousing. These models offer optimal balance between reach and stability, backed by advanced hydraulic systems, reinforced chassis, and operator-friendly controls.

By Lifting Capacity, telehandlers in the 3 to 6-ton range hold 46.2% market share in 2025, owing to their versatility across industrial and construction applications. As urbanization and vertical infrastructure projects expand globally, these machines meet a wide range of lifting requirements efficiently.

By Ownership, the rental segment leads, underpinned by flexible usage contracts, reduced maintenance concerns, and improved cash flow management for contractors.

Regional Outlook

North America, Asia-Pacific, and Europe are key regional markets for telehandlers, collectively accounting for the majority of global revenue.

- United States: Telehandler demand is set to expand at a 5.1% CAGR through 2035, propelled by the USD 1 trillion infrastructure bill introduced in late 2025. The surge in construction activity has spurred investments in smart telehandlers with IoT, telematics, and automation features.
- Germany: Expected to grow at 4.5% CAGR, driven by the adoption of precision farming and integration of telehandlers in biomass and renewable energy projects.
- Japan: Estimated to record 5.6% CAGR, supported by automation-driven solutions addressing labor shortages in agriculture and manufacturing.
- China: Forecasted 4.8% CAGR, buoyed by government-led urbanization and infrastructure programs.
- India: Set for 5.6% CAGR, backed by initiatives such as Pradhan Mantri Awas Yojana and Atmanirbhar Bharat Abhiyan, which are creating massive construction opportunities.

Technological Innovations and Sustainability Trends

The telehandler market is witnessing a technological transformation, with innovation focused on electrification, automation, and sustainability.

- Electric Telehandlers: Manufacturers such as JCB and Wacker Neuson are leading the green transition. JCB's 525-60E electric compact telehandler, launched in September 2025, exemplifies this trend. Similarly, Wacker Neuson's TH412e electric model, introduced in November 2025, caters to confined and urban environments.
- Hydrogen-Powered Telehandlers: In December 2025, Manitou Group unveiled its hydrogen telehandler prototype, targeting a 100% hydrogen-powered lineup by 2029. This aligns with its sustainability goal of reducing greenhouse gas emissions by 34% per operational hour by 2035.

These green alternatives offer reduced emissions, lower noise levels, and minimal maintenance-making them ideal for indoor or low-emission construction zones.

Market Opportunities and Emerging Trends

The telehandler industry is evolving rapidly, with opportunities arising from emerging technologies and shifting customer preferences:

- Modular designs are enabling easier component upgrades and customization.
- Autonomous telehandlers and swarm intelligence systems are enhancing fleet coordination and operational efficiency.
- Aftermarket services such as maintenance, spare parts, and operator training are emerging as significant revenue channels.
- Developing regions in Asia, the Middle East, and Latin America offer vast potential, driven by rapid urbanization and industrialization.

Competitive Landscape

The telehandler market remains highly competitive, dominated by global leaders such as JCB, Caterpillar Inc., Manitou Group, Merlo S.p.A., Haulotte Group, Liebherr Group, Bobcat Company (Doosan Group), and Komatsu Ltd. These players focus on product innovation, sustainable technologies, and strategic partnerships to strengthen global presence.

Browse Full Report Here: https://www.futuremarketinsights.com/reports/telehandlers-market

Recent Developments:

- Doosan Bobcat (Feb 2025): Introduced its first hydrogen fuel cell-powered electric forklift, reinforcing its commitment to sustainable equipment.
- Merlo UK (Nov 2025): Launched its latest electric telehandler at Agritechnica 2025, Hannover.

Conclusion

The global Telehandler Market is entering a transformative decade characterized by technological evolution, sustainable innovation, and expanded construction activity. With rising adoption in rental fleets and increasing investments in infrastructure and automation, the industry's growth trajectory remains robust through 2035.

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Clean Steam Separator Market- https://www.futuremarketinsights.com/reports/clean-steam-separator-market

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About Future Market Insights (FMI)

Future Market Insights, Inc. (FMI) is an ESOMAR-certified, ISO 9001:2015 market research and consulting organization, trusted by Fortune 500 clients and global enterprises. With operations in the U.S., UK, India, and Dubai, FMI provides data-backed insights and strategic intelligence across 30+ industries and 1200 markets worldwide.

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T: +1-347-918-3531

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