NEW YORK , Sept. 23, 2022 /PRNewswire/ -- The global telehandler market is fragmented in nature. The market is highly competitive and is dominated by vendors such as  JC Bamford Excavators, Manitou, and Oshkosh. Most of the prominent vendors in the market have their headquarters in Europe . Established vendors are focused on increasing the lift capacity and height of their existing models. They are also focusing on improving the control systems to enhance safety, which is a major concern and differentiating factor for buyers. Moreover, vendors are developing a wide range of products to expand their portfolio for various end-user applications and increase profitability. Gain deeper insights into the vendor landscape and identify successful growth strategies adopted by key vendors. Buy Report Now

Technavio expects the global telehandlers market size to grow by USD 1.73 billion , accelerating at a CAGR of 5.66% during the forecast period.

Significant investments are being made in the construction of oil and gas pipelines across the world. This is evident in developing countries such as the US and Canada due to the shale gas boom. These countries are also making huge investments in public infrastructure, which is increasing the demand for telehandlers. Besides, the recent crackdown on illegal immigration by the Government of the US has resulted in a shortage of farmworkers in the country. This has driven the farming sector in the US to focus on mechanizing agriculture and livestock farming processes. Many such factors are expected to create significant opportunities for vendors during the forecast period.

Technavio segments the global telehandler market by application (construction, agriculture, industrial, and others) and geography (APAC, North America , Europe , South America , and the Middle East and Africa ).

The construction industry will have the largest share of the market throughout the forecast period. The growth of the residential and commercial construction market is creating significant demand for telehandlers in the construction industry. The rising use of modular construction will further accelerate the growth of the market in the construction segment.

By region, APAC will emerge as the key market, occupying 45% of the global market share. Increasing investments in infrastructure projects such as transportation and energy in countries China , India , and Japan are driving the growth of the regional market.

The market is driven by the increasing need for bulk material handling in agriculture and livestock farming. The report on the telehandler market provides a holistic update, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis. The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment.  Download PDF Sample Report

The telehandler market covers the following areas:

Key vendors in the global telehandler market:

J C Bamford Excavators Ltd.

Construction Equipment Market in Europe Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2021-2025

Construction Dumper Market by Product and Geography - Forecast and Analysis 2022-2026

Accelerate at a CAGR of 5.66%

APAC, North America, Europe, South America, and Middle East and Africa

US, China, India, Japan, and Germany

Leading companies, competitive strategies, consumer engagement scope

AB Volvo, Caterpillar Inc., CLAAS Group, CNH Industrial NV, Dieci Srl, Doosan Corp., Haulotte Group, J C Bamford Excavators Ltd., Komatsu Ltd., Liebherr International AG, Linamar Corp., Magni Telescopic Handlers Srl, Manitou BF SA, Merlo Spa, Oshkosh Corp., Pettibone Traverse Lift LLC, SANY Group, Terex Corp., Wacker Neuson SE, and Xtreme Manufacturing

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

3.4 Market outlook: Forecast for 2021-2026

5.3 Construction - Market size and forecast 2021-2026

5.4 Agriculture - Market size and forecast 2021-2026

5.5 Industrial - Market size and forecast 2021-2026

5.6 Others - Market size and forecast 2021-2026

7.3 APAC - Market size and forecast 2021-2026

7.4 North America - Market size and forecast 2021-2026

7.5 Europe - Market size and forecast 2021-2026

7.6 South America - Market size and forecast 2021-2026

7.7 Middle East and Africa - Market size and forecast 2021-2026

7.8 China - Market size and forecast 2021-2026

7.9 US - Market size and forecast 2021-2026

7.10 India - Market size and forecast 2021-2026

7.11 Japan - Market size and forecast 2021-2026

7.12 Germany - Market size and forecast 2021-2026

8.3 Impact of drivers and challenges

10.8 J C Bamford Excavators Ltd.

11.3 Currency conversion rates for US$

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/

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