Telehandler Trends and Forecast
The future of the global telehandler market looks promising with opportunities in the construction, agriculture, and manufacturing markets. The global telehandler market is expected to reach an estimated $5.1 billion by 2030 with a CAGR of 5.4% from 2024 to 2030. The major drivers for this market are increasing demand from the agricultural sector, where itÄX%$%Xs used for feeding animals, loading and unloading crops, and maintaining equipment, rising popularity of telehandler rental services, and growing construction sector, particularly in developing nations.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Telehandler by Segment
The study includes a forecast for the global telehandler by propulsion type, product, lift capacity, end use, and region.
Telehandler Market by Propulsion Type [Shipment Analysis by Value from 2018 to 2030]:
• ICE
• Electric
Telehandler Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Large
• Compact
Telehandler Market by Lift Capacity [Shipment Analysis by Value from 2018 to 2030]:
• Less Than 3 Ton
• 3 - 10 Ton
• More Than 10 Ton
Telehandler Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Construction
• Agriculture
• Manufacturing
• Others
Telehandler Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Telehandler Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies telehandler companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the telehandler companies profiled in this report include-
• AB Volvo
• Caterpillar
• CNH Industrial
• Doosan
• HAULOTTE GROUP
• J C Bamford Excavators
• Komatsu
• L&T Technology Services
• Manitou.com
• Oshkosh
Telehandler Market Insights
Lucintel forecasts that ICE will remain the larger segment over the forecast period due to itÄX%$%Xs superior power and torque, which allows it to function in difficult terrain conditions and manage big loads.
Within this market, construction will remain the largest segment due to increasing focus on infrastructure development, especially in developing nations, has increased demand for adaptable and effective machinery.
North America will remain the largest region over the forecast period due to increasing trend of automation and mechanization across a range of industries, such as manufacturing, logistics, and agriculture in the region.
Features of the Global Telehandler Market
Market Size Estimates: Telehandler market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Telehandler market size by propulsion type, product, lift capacity, end use, and region in terms of value ($B).
Regional Analysis: Telehandler market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different propulsion type, product, lift capacity, end use, and regions for the telehandler market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the telehandler market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the telehandler market size?
Answer: The global telehandler market is expected to reach an estimated $5.1 billion by 2030.
Q2. What is the growth forecast for telehandler market?
Answer: The global telehandler market is expected to grow with a CAGR of 5.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the telehandler market?
Answer: The major drivers for this market are increasing demand from the agricultural sector, where itÄX%$%Xs used for feeding animals, loading and unloading crops, and maintaining equipment, rising popularity of telehandler rental services, and growing construction sector, particularly in developing nations.
Q4. What are the major segments for telehandler market?
Answer: The future of the global telehandler market looks promising with opportunities in the construction, agriculture, and manufacturing markets.
Q5. Who are the key telehandler market companies?
Answer: Some of the key telehandler companies are as follows:
• AB Volvo
• Caterpillar
• CNH Industrial
• Doosan
• HAULOTTE GROUP
• J C Bamford Excavators
• Komatsu
• L&T Technology Services
• Manitou.com
• Oshkosh
Q6. Which telehandler market segment will be the largest in future?
Answer: Lucintel forecasts that ICE will remain the larger segment over the forecast period due to itÄX%$%Xs superior power and torque, which allows it to function in difficult terrain conditions and manage big loads.
Q7. In telehandler market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to increasing trend of automation and mechanization across a range of industries, such as manufacturing, logistics, and agriculture in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the telehandler market by propulsion type (ICE and electric), product (large and compact), lift capacity (less than 3 ton, 3 - 10 ton, and more than 10 ton), end use (construction, agriculture, manufacturing, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Telehandler Market, Telehandler Market Size, Telehandler Market Growth, Telehandler Market Analysis, Telehandler Market Report, Telehandler Market Share, Telehandler Market Trends, Telehandler Market Forecast, Telehandler Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.