Telehandler Market Introduction and Overview
According to SPER Market Research, the Global Telehandler Market is estimated to reach USD 12.76 billion by 2033 with a CAGR of 6.34%.
The report includes an in-depth analysis of the Global Telehandler Market, including market size and trends, product mix, distribution channels, and supplier analysis. Global Telehandler, also referred to as a teleporter or telescopic handler, is a heavy-duty piece of equipment frequently used in a variety of industries for lifting and material handling operations. It is distinguished by a telescopic boom that can be extended in both the upward and outward directions, giving it greater reach and versatility than conventional forklifts. Global Telehandlers' primary benefit include their adaptability, manoeuvrability, high load capacity, extended reach, and capacity for use both indoors and out. Global Telehandlers are an essential piece of machinery for many industries thanks to these features, which also help to increase productivity and efficiency in material handling operations.
- Introduction to Electric Engine Technology is Expected to Drive the Market Growth: Due to its advantages over conventional internal combustion engines, electric engine technology is expected to spur growth in a number of markets, including the Global Telehandler market.
- Agricultural Mechanization: Global Telehandlers are used in the agricultural industry to help with farm operations, load and unload vehicles, and handle bulk materials. Demand for Global Telehandlers is fueled by the mechanisation of agriculture, which is being driven by the need for greater productivity and efficiency.
Market Opportunities and Challenges
- Advancements in Technology: Continuous technological advancements, such as improved fuel efficiency, advanced control systems, and operator assistance technologies, These advancements enhance the overall performance and safety of Global Telehandlers, making them more efficient and reliable.
- Growing Construction and Infrastructure Development: The market for Global Telehandlers is presented with opportunities by the rise in residential, commercial, and infrastructure construction projects. There is an increasing demand for Global Telehandlers for various material handling and lifting operations.
- Maintenance and Servicing: Global Telehandlers require regular maintenance and servicing to ensure optimal performance and safety. This can involve additional costs and the need for skilled technicians.This poses a challenge to the market but also creates opportunities for service providers.
- High Initial Cost: For small and medium-sized businesses with tight budgets, Global Telehandlers' potentially high upfront costs can be a deterrent to adoption.
In summary, continuous technological advancements, growing construction activities, the need for maintenance and servicing, and the challenge of high initial costs are factors that shape the Global Telehandler market.
Market Competitive Landscape
The presence of several major players vying for market share defines the Global Telehandler market's competitive landscape. These businesses use a variety of strategies, such as product innovations, partnerships, acquisitions, and geographic expansions, to gain a competitive edge.The following are a few well-known companies in the Global Telehandler market: CLAAS KGaAmbH, Danfoss, Doosan Bobcat, Haulotte Group, J C Bamford Excavators Ltd., Linamar Corporation, MAGNI Telescopic Handlers Srl, Manitou BF, Oshkosh Corporation (JLG Industries, Inc.), Terex Corporation (Genie), WackerNeuson SE, Xtreme Manufacturing Llc.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2019-2033 |
Base year considered | 2022 |
Forecast period | 2023-2033 |
Segments covered | By Type, By Technology, By Lift Capacity, By Lift Height, By End-User
|
Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America
|
Companies Covered | CLAAS KGaAmbH, Danfoss, Doosan Bobcat, Haulotte Group, J C Bamford Excavators Ltd., Linamar Corporation, MAGNI Telescopic Handlers Srl, Manitou BF, Oshkosh Corporation (JLG Industries, Inc.), Terex Corporation (Genie), WackerNeuson SE, Xtreme Manufacturing Llc
|
COVID-19 Impact on Global Telehandler Market
The COVID-19 pandemic has had a significant impact on the Global Telehandler market. The market suffered as a result of lockdowns that were implemented in a number of nations. Limited production and transportation-related delays brought on by travel restrictions have created challenges. The widespread lockdowns and mobility restrictions had also halted economic activity. To resurrect the market, businesses must operate on a significant margin basis. Due to the lockdown, revenue generation for Global Telehandlers companies suffered financial losses. Due to a number of limitations, the global Telehandlers market has experienced a significant decline in sales, but it will undoubtedly recover over time.
Key Target Audience:
- Construction Companies
- Agriculture Industry
- Mining and Material Extraction Companies
- Others
Our in-depth analysis of the Telehandler Market includes the following segments:
By Type :
|
Compact
High lift
High load
|
By Technology :
|
Hybrid
Electric
Combustion
|
By Lift Capacity :
|
Less than 3 tons
More than 10 tons
3-10 tons
|
By Lift Height :
|
Less than 5 meters
5-15 meters
More than 15 meters
|
By End-User :
|
Agriculture
Construction
Forestry
Manufacturing
Oil & Gas
Power utilities
Transport & logistics
|
Key Topics Covered in the Report:
- Global Telehandler Market Size (FY’2023-FY’2033)
- Overview of Global Telehandler Market
- Segmentation of Global Telehandler Market By Type (Compact, High lift, High loads)
- Segmentation of Global Telehandler Market By Technology (Hybrid, Electric, Combustion)
- Segmentation of Global Telehandler Market By Lift Capacity (3-10 tons, Less than 3 tons, More than 10 tons)
- Segmentation of Global Telehandler Market By Lift Height (Less than 5 meters, 5-15 meters, More than 15 meters)
- Segmentation of Global Telehandler Market By End-User (Agriculture, Construction, Forestry, Manufacturing, Oil & Gas, Power utilities, Transport & logistics)
- Statistical Snap of Global Telehandler Market
- Expansion Analysis of Global Telehandler Market
- Problems and Obstacles in Global Telehandler Market
- Competitive Landscape in the Global Telehandler Market
- Impact of COVID-19 and Demonetization on Global Telehandler Market
- Details on Current Investment in Global Telehandler Market
- Competitive Analysis of Global Telehandler Market
- Prominent Players in the Global Telehandler Market
- SWOT Analysis of Global Telehandler Market
- Global Telehandler Market Future Outlook and Projections (FY’2023-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Telehandler Market
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Telehandler Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Telehandler Market
7. Global Telehandler Market, By Type (USD Million)
7.1. Global Telehandler Market Value Share and Forecast, By Type, 2023-2033
7.2. Compact
7.3. High lift
7.4. High load
7.5. Others
8. Global Telehandler Market, By Technology (USD Million)
8.1. Global Telehandler Market Value Share and Forecast, By Technology, 2023-2033
8.2. Hybrid
8.3. Electric
8.4. Combustion
9. Global Telehandler Market, By Lift Capacity (USD Million)
9.1. Global Telehandler Market Value Share and Forecast, By Lift Capacity, 2023-2033
9.2. Less than 3 tons
9.3. More than 10 tons
9.4. 3-10 tons
9.5. Others
10. Global Telehandler Market, By Lift Height (USD Million)
10.1. Global Telehandler Market Value Share and Forecast, By Lift Height, 2023-2033
10.2. Less than 5 meters
10.3. 5-15 meters
10.4. More than 15 meters
11. Global Telehandler Market, By End-User (USD Million)
11.1. Global Telehandler Market Value Share and Forecast, By End-User, 2023-2033
11.2. Agriculture
11.3. Construction
11.4. Forestry
11.5. Manufacturing
11.6. Oil & Gas
11.7. Power utilities
11.8. Transport & logistics
11.9. Others
12. Global Telehandler Market Forecast, 2019-2033 (USD Million)
12.1. Global Telehandler Market Size and Market Share
13. Global Telehandler Market, By Type, 2019-2033 (USD Million)
13.1. Global Telehandler Market Size and Market Share By Type (2019-2026)
13.2. Global Telehandler Market Size and Market Share By Type (2027-2033)
14. Global Telehandler Market, By Technology, 2019-2033 (USD Million)
14.1. Global Telehandler Market Size and Market Share By Technology (2019-2026)
14.2. Global Telehandler Market Size and Market Share By Technology(2027-2033)
15. Global Telehandler Market, By Lift Capacity, 2019-2033 (USD Million)
15.1. Global Telehandler Market Size and Market Share By Lift Capacity (2019-2026)
15.2. Global Telehandler Market Size and Market Share By Lift Capacity (2027-2033)
16. Global Telehandler Market, By Lift Height, 2019-2033 (USD Million)
16.1. Global Telehandler Market Size and Market Share By Lift Height (2019-2026)
16.2. Global Telehandler Market Size and Market Share By Lift Height (2027-2033)
17. Global Telehandler Market, By End-User, 2019-2033 (USD Million)
17.1. Global Telehandler Market Size and Market Share By End-User (2019-2026)
17.2. Global Telehandler Market Size and Market Share By End-User (2027-2033)
18. Global Telehandler Market, By Region, 2019-2033 (USD Million)
18.1. Global Telehandler Market Size and Market Share By Region (2019-2026)
18.2. Global Telehandler Market Size and Market Share By Region (2027-2033)
18.3. Asia-Pacific
18.3.1. Australia
18.3.2. China
18.3.3. India
18.3.4. Japan
18.3.5. South Korea
18.3.6. Rest of Asia-Pacific
18.4. Europe
18.4.1. France
18.4.2. Germany
18.4.3. Italy
18.4.4. Spain
18.4.5. United Kingdom
18.4.6. Rest of Europe
18.5. Middle East and Africa
18.5.1. Kingdom of Saudi Arabia
18.5.2. United Arab Emirates
18.5.3. Rest of Middle East & Africa
18.6. North America
18.6.1. Canada
18.6.2. Mexico
18.6.3. United States
18.7. Latin America
18.7.1. Argentina
18.7.2. Brazil
18.7.3. Rest of Latin America
19. Company Profile
19.1. CLAAS KGaAmbH
19.1.1. Company details
19.1.2. Financial outlook
19.1.3. Product summary
19.1.4. Recent developments
19.2. Danfoss
19.2.1. Company details
19.2.2. Financial outlook
19.2.3. Product summary
19.2.4. Recent developments
19.3. Doosan Bobcat
19.3.1. Company details
19.3.2. Financial outlook
19.3.3. Product summary
19.3.4. Recent developments
19.4. Haulotte Group
19.4.1. Company details
19.4.2. Financial outlook
19.4.3. Product summary
19.4.4. Recent developments
19.5. J C Bamford Excavators Ltd.
19.5.1. Company details
19.5.2. Financial outlook
19.5.3. Product summary
19.5.4. Recent developments
19.6. Linamar Corporation
19.6.1. Company details
19.6.2. Financial outlook
19.6.3. Product summary
19.6.4. Recent developments
19.7. MAGNI Telescopic Handlers Srl
19.7.1. Company details
19.7.2. Financial outlook
19.7.3. Product summary
19.7.4. Recent developments
19.8. Manitou BF
19.8.1. Company details
19.8.2. Financial outlook
19.8.3. Product summary
19.8.4. Recent developments
19.9. Oshkosh Corporation (JLG Industries, Inc.)
19.9.1. Company details
19.9.2. Financial outlook
19.9.3. Product summary
19.9.4. Recent developments
19.10. Terex Corporation (Genie)
19.10.1. Company details
19.10.2. Financial outlook
19.10.3. Product summary
19.10.4. Recent developments
19.11. WackerNeuson SE
19.11.1. Company details
19.11.2. Financial outlook
19.11.3. Product summary
19.11.4. Recent developments
20. List of Abbreviations
21. Reference Links
22. Conclusion
23. Research Scope