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The global telehandler market reached a value of nearly USD 5.50 billion in 2023. The market is further estimated to grow in the forecast period of 2024-2032 at a CAGR of 3.3% to reach about USD 6.96 billion by 2032.
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The report presents a detailed analysis of the following key players in the global telehandler market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the market. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market at a global level attained a value of nearly USD 5.50 billion.
The market is assessed to grow at a CAGR of 3.3% between the forecast period of 2024 and 2032.
Over the forecast period of 2024-2032, the market is estimated to witness healthy growth, reaching almost USD 6.96 billion by 2032.
The major market drivers are surging industrialisation, and rising investment in agricultural activities.
The key market trends include rapid growth construction industry and increased expenditure on the construction along with technological advancements.
The major regions in the market are Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa.
The various products in the market include compact telehandler and large telehandler.
The major types in the market includes rotating and non-rotating.
The various ownership models in the market include rental and personal.
The different heights in the market are less than 50 ft and 50 ft and above.
In the market, the various capacity categories available are below 3 tons, 3-10 tons, and above 10 tons.
The various applications include construction, agriculture, forestry, mines and quarries, and transport and logistics, among others.
The major players in the market are Dieci s.r.l., Manitou Group, JLG Industries, Inc., Liebherr-International Deutschland GmbH, JCB Group, Caterpillar, and Doosan Bobcat, among others.
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