- Less than 50 ft
- 50 ft & more
Telehandler Market was valued at USD 5,963.2 million in 2022 and is poised to grow with a CAGR of 4.3% over 2023-2029. Construction accounted for a larger revenue share in the global telehandler market with a significant CAGR and is expected to grow over the forecast years. The construction segment will account for the significant growth in the global market during the forecast period due to the growth of the global residential and industrial construction market. They are witnessing increasing demand in construction and infrastructure development projects. Being versatile in application and possessing the capability of having different attachments, they are serving customers in mineral processing, manufacturing, and mining industries. The global telehandler market is surging owing to strategic alliances by key players for telehandlers to meet the demands of the customers in the market.
Telehandler Market Key Developments:
In November 2017, Doosan Infracore Co. Ltd. launched the new Bobcat V723 VersaHANDLER telescopic tool carrier also known as telehandlers. The new product is included in 7,000 to 8,000-pound size class and can easily handle heavy loads. It also features Power Quick-Tach attachment mounting system, which increases its functionality.
In June 2019, JCB launched the new Hydraload 555-210R telehandler with rotating telescopic handler. The product features maximum lift capacity of 5.5 tons with maximum lifting height of 20.5m
Telehandler Market Summary
Study Period
2023-29
Base Year
2022
CAGR
4.3%
Largest Market
North America
Fastest Growing Market
Europe
Telehandler Market Dynamics
Some of the key factors fueling the market growth include increasing infrastructural activities in emerging regions, growth of the global livestock farming, rising demand to handle livestock feed such as forage and fodder, extensive use of these instruments in construction and agriculture purposes, rising e-commerce sector in numerous countries and high demand for telehandlers in farming and agricultural activities. However, limited number of suppliers and high cost of instruments are hindering the market growth. Further, increasing consciousness regarding to vehicular emissions from heavy construction machinery together with strict emission rules is providing vigorous growth opportunities for the market.
Telehandler Market Regional Analysis
North-America Got Significant Share
North America accounted for larger revenue share in global telehandler market with a significant CAGR and is expected to grow over the forecast years. The growth in this region is due to production of highly enhanced instruments as there is an growing constructions activity such as rotating telehandler. U.S is the major contributor for the market growth in the region. For instance, in 2019, the U.S government announced the allocation of USD 1 trillion for maintenance of old buildings and construction of new public infrastructure. Europe held substantial market share during estimated period owing to high adoption of multipurpose telehandlers for agriculture applications.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The telehandler market report provides granular level information about the market size, regional market share, historic market (2018 to 2022) and forecast (2023 to 2029)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup’s details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Telehandler Market Segmentation
By Height
By Product Type
- Rotating Telehandler
- Non-rotating Telehandler
By End-user
- Construction
- Mining
- Agriculture
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
Frequently Asked Questions
The telehandler market is projected to expand at a CAGR of 4.3% during the forecast period.
CNH, Manitou, Terex, Merlo, Claas
North America is the fastest-growing region for telehandler market
- Executive Summary
- Global Telehandler Market Introduction
- Global Telehandler Market – Taxonomy
- Global Telehandler Market –Definitions
- Height
- Product Type
- End-user
- Global Telehandler Market Dynamics
- Drivers
- Restraints
- Opportunities/Unmet Needs of the Market
- Trends
- Global Telehandler Market Dynamic Factors - Impact Analysis
- Global Telehandler Market – Competition Landscape
- Global Telehandler Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029
- Market Analysis,2018 - 2022 and Forecast, 2023 - 2029(Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%)
- Market Opportunity Analysis
- Global Telehandler Market, By Height, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Less than 50 ft
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- 50 ft & more
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Less than 50 ft
- Global Telehandler Market, By Product Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Rotating Telehandler
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Non-rotating Telehandler
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Rotating Telehandler
- Global Telehandler Market, By End-user, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Construction
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Mining
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Agriculture
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Others
- Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Construction
- Global Telehandler Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- North America
- Market Analysis, 2018 - 2022and Forecast, 2023 - 2029(Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Europe
- Market Analysis, 2018 - 2022and Forecast, 2023 - 2029(Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Asia-Pacific
- Market Analysis, 2018 - 2022and Forecast, 2023 - 2029(Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Latin America
- Market Analysis, 2018 - 2022and Forecast, 2023 - 2029(Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Middle East and Africa
- Market Analysis, 2018 - 2022and Forecast, 2023 - 2029(Revenue, USD Mn)
- Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
- Market Opportunity Analysis
- Global Telehandler Market - Opportunity Analysis Index, By Height, Product Type, End-user and Region, 2023 - 2029
- North America
- North America Telehandler Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Height Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
- Less than 50 ft
- 50 ft & more
- Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
- Rotating Telehandler
- Non-rotating Telehandler
- End-user Analysis 2018 - 2022and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Construction
- Mining
- Agriculture
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- S.
- Canada
- North America Telehandler Market - Opportunity Analysis Index, By Height, Product Type, End-user and Country, 2023 - 2029
- North America Telehandler Market Dynamics – Trends
- Height Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
- Europe Telehandler Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Height Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
- Less than 50 ft
- 50 ft & more
- Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
- Rotating Telehandler
- Non-rotating Telehandler
- End-user Analysis 2018 - 2022and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Construction
- Mining
- Agriculture
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- United Kingdom
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Europe Telehandler Market - Opportunity Analysis Index, By Height, Product Type, End-user and Country, 2023 - 2029
- Europe Telehandler Market Dynamics – Trends
- Height Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
- Asia-Pacific Telehandler Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Height Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
- Less than 50 ft
- 50 ft & more
- Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
- Rotating Telehandler
- Non-rotating Telehandler
- End-user Analysis 2018 - 2022and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Construction
- Mining
- Agriculture
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- China
- Japan
- India
- Australia & New Zealand
- Rest of APAC
- Asia-Pacific Telehandler Market - Opportunity Analysis Index, By Height, Product Type, End-user and Country,2023 - 2029
- Asia-Pacific Telehandler Market Dynamics – Trends
- Height Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
- Latin America Telehandler Market Analysis,2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn)
- Height Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
- Less than 50 ft
- 50 ft & more
- Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
- Rotating Telehandler
- Non-rotating Telehandler
- End-user Analysis 2018 - 2022and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Construction
- Mining
- Agriculture
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- Brazil
- Argentina
- Mexico
- Rest of LATAM
- Latin America Telehandler Market - Opportunity Analysis Index, By Height, Product Type, End-user and Country, 2023 - 2029
- Latin America Telehandler Market Dynamics – Trends
- Height Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
- Middle East and Africa Telehandler Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029(Revenue, USD Mn)
- Height Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
- Less than 50 ft
- 50 ft & more
- Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
- Rotating Telehandler
- Non-rotating Telehandler
- End-user Analysis 2018 - 2022and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
- Construction
- Mining
- Agriculture
- Others
- Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
- South Africa
- Turkey
- GCC Countries
- Rest of MEA
- MEA Telehandler Market - Opportunity Analysis Index, By Product Type, End-user, Product Type, Deployment Height, and Country, 2023 - 2029
- MEA Telehandler Market Dynamics – Trends
- Height Analysis 2018 - 2022 and Forecast 2023 - 2029by Revenue (USD Mn),Y-o-Y Growth (%), and Market Share (%)
- Competition Landscape
- Strategic Dashboard of Top Market Players
- Company Profiles (Introduction, Financial Analysis, Product Type& Service Offerings, Key Developments, Strategies, and SWOT Analysis)
- JLG
- JCB
- Caterpillar
- Doosan Infracore
- CNH
- Manitou
- Terex
- Merlo
- Claas
- Dieci
- Wacker Neuson
- Liebherr
- Research Methodology
- Key Assumptions and Acronyms
- JLG
- JCB
- Caterpillar
- Doosan Infracore
- CNH
- Manitou
- Terex
- Merlo
- Claas
- Dieci
- Wacker Neuson
- Liebherr