Global Telehandler Industry Market Report by 2026
Description:
According to the report, the telehandler market is expected to grow from USD 4,780 million in 2019 to USD 6,857 million by 2026, growing at a CAGR of 5.29% from 2019 to 2026.
According to the report, one of the key drivers is the increasing focus on improving productivity and growth of off-site manufacturing. The growth in the infrastructure sector, coupled with a diverse range of innovative and advanced construction equipment in the fleets is also projected to stimulate this market’s growth. However, lack of qualified and skilled telehandler operators and constant maintenance of these machines are anticipated to restrains the growth of the telehandler market.
A telehandler, also called a telescopic handler, is a machine used for lifting loads in the agriculture, construction, environment, logistics, and mining and quarrying industries. Apart from lifting loads, this machine can be used for material handling, digging trenches, personnel elevation, and underground mine baskets.
Get FREE Sample of Telehandler Market Report at:
Competitive Insights
Major manufacturers profiled in the analysis report include Pettibone Traverse Lift, LLC, Caterpillar, JLG Telehandlers, Terex Corporation, J C Bamford Excavators Ltd., Bobcat Company, Manitou, Bobcat, Hewden Stuart Limited, Weidemann, Terex Corporation, CLAAS KGaA mbH, Wacker Neuson SE, and etc.
Regional Insights
Based on region, the telehandler market segmentation includes region, Europe, Latin America, Asia-Pacific, North America and Rest of the World. The Asia-Pacific is the largest consumer market with a proportion of 34.22%, followed by North America and Europe, accounting for 31.29% and 29.36% respectively. Asia-Pacific holds major global telehandlers market share as there is potential expansion in industrial sector of this region resulting higher number of telehandlers in operation. Asia-Pacific countries which include, India, Japan and China are anticipated to evidence higher demand for telehandler market owing to soared infrastructural development.
Purchase a copy of Telehandler report at:
Type Insights
The type of the telehandler market can be divided into Compact Telehandlers, High Reach Telehandlers, and Other.
Application Insights
Based on application, this market is divided into Construction, Agriculture, Mining, and Other.
Ask for a discount at:
Target Audience
Telehandler manufacturers
Component suppliers
Distributors and resellers of telehandler
Product managers, telehandler industry administrator, C-level executives of the industries
Telehandler industry associations
Market research and consulting firms
Small and Medium-sized Enterprises (SMEs)
l Base Year: 2018
l Estimated Year: 2019
l Forecast Period: 2019 to 2026
Contact:
Global Market Monitor
One Pierrepont Plaza, 300 Cadman Plaza W, Brooklyn,
NY 11201, USA
Phone: + 1 (347) 467 7721
Email: info@globalmarketmonitor.com
Web Site: https://www.globalmarketmonitor.com
We provide more professional and intelligent market reports to complement your business decisions.
Chinese