Telehandler Market Growth, Size, Trends, Revenue, Scope, Challenges and Future Competition
Telehandler Market Size- By Type, By Technology, By Lift Capacity, By Lift Height, By End-User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Jul-2023 | Report ID: MACH2338 | Pages: 1 - 242 | Formats*: |
| Category : Equipment and Machinery | |||
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:
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| By Technology : |
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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 report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Global Telehandler Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Telehandler Market Manufacturing Base Distribution, Sales Area, Product Type6.2. 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, 2023-20337.2. Compact7.3. High lift7.4. High load7.5. Others
8. Global Telehandler Market, By Technology (USD Million)
8.1. Global Telehandler Market Value Share and Forecast, By Technology, 2023-20338.2. Hybrid8.3. Electric8.4. Combustion
9. Global Telehandler Market, By Lift Capacity (USD Million)
9.1. Global Telehandler Market Value Share and Forecast, By Lift Capacity, 2023-20339.2. Less than 3 tons9.3. More than 10 tons9.4. 3-10 tons9.5. Others
10. Global Telehandler Market, By Lift Height (USD Million)
10.1. Global Telehandler Market Value Share and Forecast, By Lift Height, 2023-203310.2. Less than 5 meters10.3. 5-15 meters10.4. 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, 2023-203311.2. Agriculture11.3. Construction11.4. Forestry11.5. Manufacturing11.6. Oil & Gas11.7. Power utilities11.8. Transport & logistics11.9. 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-Pacific18.3.1. Australia18.3.2. China18.3.3. India18.3.4. Japan18.3.5. South Korea18.3.6. Rest of Asia-Pacific18.4. Europe18.4.1. France18.4.2. Germany18.4.3. Italy18.4.4. Spain18.4.5. United Kingdom18.4.6. Rest of Europe18.5. Middle East and Africa18.5.1. Kingdom of Saudi Arabia18.5.2. United Arab Emirates18.5.3. Rest of Middle East & Africa18.6. North America18.6.1. Canada18.6.2. Mexico18.6.3. United States18.7. Latin America18.7.1. Argentina18.7.2. Brazil18.7.3. Rest of Latin America
19. Company Profile
19.1. CLAAS KGaAmbH19.1.1. Company details19.1.2. Financial outlook19.1.3. Product summary19.1.4. Recent developments19.2. Danfoss19.2.1. Company details19.2.2. Financial outlook19.2.3. Product summary19.2.4. Recent developments19.3. Doosan Bobcat19.3.1. Company details19.3.2. Financial outlook19.3.3. Product summary19.3.4. Recent developments19.4. Haulotte Group19.4.1. Company details19.4.2. Financial outlook19.4.3. Product summary19.4.4. Recent developments19.5. J C Bamford Excavators Ltd.19.5.1. Company details19.5.2. Financial outlook19.5.3. Product summary19.5.4. Recent developments19.6. Linamar Corporation19.6.1. Company details19.6.2. Financial outlook19.6.3. Product summary19.6.4. Recent developments19.7. MAGNI Telescopic Handlers Srl19.7.1. Company details19.7.2. Financial outlook19.7.3. Product summary19.7.4. Recent developments19.8. Manitou BF19.8.1. Company details19.8.2. Financial outlook19.8.3. Product summary19.8.4. Recent developments19.9. Oshkosh Corporation (JLG Industries, Inc.)19.9.1. Company details19.9.2. Financial outlook19.9.3. Product summary19.9.4. Recent developments19.10. Terex Corporation (Genie)19.10.1. Company details19.10.2. Financial outlook19.10.3. Product summary19.10.4. Recent developments19.11. WackerNeuson SE19.11.1. Company details19.11.2. Financial outlook19.11.3. Product summary19.11.4. Recent developments
20. List of Abbreviations
21. Reference Links
22. Conclusion
23. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Telehandler Market is projected to reach USD 12.76billion by 2033, growing at a CAGR of 6.34% during the forecast period.
Telehandler Market grew in market size from 2023. The Market is expected to reach USD 12.76billion by 2033, at a CAGR of 6.34% during the forecast period.
Telehandler Market CAGR of 6.34% during the forecast period.
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Telehandler Market size is USD 12.76 billion from 2023 to 2033.
Telehandler Market Segment is Covered By Type, By Technology, By Lift Capacity, By Lift Height, By End-User
The North America region is anticipated to have the highest market share in Telehandler Market.
The key players in the market include 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
Telehandlers' primary benefit include their adaptability, manoeuvrability, high load capacity, extended reach, and capacity for use both indoors and out.
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