Telehandler Market to Record Further Growth of $1.73 Billion – Construction Segment to Generate Maximum Revenue

NEW YORK, September 23, 2022 /PRNewswire/ — The global telehandler market is fragmentary in nature. The market is highly competitive and is dominated by vendors such as JC Bamford Excavators, Manitou and Oshkosh. Most of the major vendors in the market are headquartered in Europe. Established vendors focus on increasing the lifting capacity and height of their existing models. They are also focusing on improving control systems to enhance security, which is a major concern and differentiator for buyers. Additionally, vendors are developing a wide range of products to broaden their portfolio for various end-user applications and increase profitability. Gain deeper insights into the vendor landscape and identify successful growth strategies adopted by leading vendors. Buy the report now

Technavio has announced its latest market research report titled Global Telehandler Market 2022-2026

Technavio expects the global telehandler market size to increase by $1.73 billionaccelerating at a CAGR of 5.66% during the forecast period.

Significant investments are made in the construction of oil and gas pipelines around the world. This is evident in developing countries like the United States and Canada due to the shale gas boom. These countries are also making huge investments in public infrastructure, which increases the demand for telehandlers. In addition, the recent crackdown on illegal immigration by the United States government has resulted in a shortage of agricultural workers in the country. This has caused the agricultural sector in the United States to focus on the mechanization of farming and animal husbandry 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, industry, and others) and geography (APAC, North America, Europe, South Americaand the Middle East and Africa).

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

By region, APAC will emerge as the key market, occupying 45% of the global market share. Increase investment in infrastructure projects such as transport and energy in the countries China, Indiaand Japan are driving the growth of the regional market.

The market is driven by the growing need for bulk material handling in agriculture and animal husbandry. The Telehandlers Market report provides global update, market size and forecast, trends, growth drivers and challenges, and vendor analysis. The report offers an up-to-date analysis of the current global market scenario, latest trends and drivers, and the overall market environment. Download sample PDF report

The telehandler market covers the following areas:

  • Telehandler market sizing

  • Telehandlers Market Forecast

  • Analysis of the telehandler market

Key Vendors in Global Telehandlers Market:

  • AB Volvo

  • Caterpillar inc.

  • CLAAS Group

  • CNH Industrial AG

  • Dieci S.r.l.

  • Doosan Corp.

  • Haulotte Group

  • JC Bamford Excavators Ltd.

  • Komatsu Ltd.

  • Liebherr International AG

  • Linamar Corp.

  • Magni Telehandlers Srl

  • Manitou BF SA

  • Merlo Spa

  • Oshkosh Corp.

  • Pettibone Traverse Lift LLC

  • SANY Group

  • Terex Corp.

  • Wacker Neuson SE

  • Extreme manufacturing

Related reports:

Telehandlers Market Scope

Report cover

Details

Page number

120

Year of reference

2021

Forecast period

2022-2026

Growth momentum and CAGR

Accelerate at a CAGR of 5.66%

Market Growth 2022-2026

$1.73 billion

Market structure

Fragmented

Annual growth (%)

5.52

Regional analysis

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

Successful market contribution

APAC at 45%

Main consumer countries

United States, China, India, Japan and Germany

Competitive landscape

Leading companies, competitive strategies, scope of consumer engagement

Profiled companies

AB Volvo, Caterpillar Inc., CLAAS Group, CNH Industrial NV, Dieci Srl, Doosan Corp., Haulotte Group, JC 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

Market dynamics

Parent market analysis, market growth drivers and barriers, analysis of fast growing and slow growing segments, impact of COVID-19 and future consumer dynamics, and analysis of market conditions for the forecast period.

Personalization area

If our report does not include the data you are looking for, you can contact our analysts and customize the segments.

Main topics covered:

1. Summary

2 Market landscape

3 Market sizing

4 Five forces analysis

5 Market Segmentation by Application

6 Customer Landscape

7 Geographic landscape

8 drivers, challenges and trends

9 Supplier Landscape

10 Vendor Analysis

11 Appendix

About Us

Technavio is a global leader in technology research and consulting. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s reporting library consists of over 17,000 reports and counts, spanning 800 technologies, spanning 50 countries. Their customer base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research, and actionable market intelligence to identify opportunities in existing markets and potentials and assess their competitive positions in changing market scenarios.

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Website: www.technavio.com/

Global Telehandlers Market 2022-2026

Global Telehandlers Market 2022-2026

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