Product Code: PM3918
The global telehandler market size is expected to reach USD 7,055.46 million by 2032, according to a new study by Polaris Market Research. The report "Telehandler Market Share, Size, Trends, Industry Analysis Report, By Product (Large, Compact), By Propulsion Type (ICE, Electric), By Lift Capacity, By End-use, By Region, And Segment Forecasts, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Growth is propelled by the booming construction industry, especially in emerging economies. This is primarily due to rise of urbanization, increased infrastructure development projects, and a growing demand for efficient material-handling equipment. As cities continue to expand and populations increase, there is an ever-increasing need for modern and well-equipped structures. Consequently, construction companies are increasingly turning to telehandlers to efficiently manage heavy loads and streamline material handling processes at construction sites.
The flourishing e-commerce industry has significantly transformed retail, leading to a surge in demand for efficient logistics operations. E-commerce companies heavily rely on warehousing and distribution centers for storing, sorting, and shipping products. Telehandlers play a crucial role in loading & unloading materials from containers, as well as transporting goods within these facilities. With the continuous expansion of e-commerce, there is a growing need for larger distribution centers. These facilities require telehandlers, to ensure smooth & rapid operations.
Telehandlers have experienced impressive progress, integrating advanced control systems that substantially enhance operator comfort and efficiency. These state-of-the-art systems encompass a range of features, including joystick controls, user-friendly operator interfaces, and intuitive displays. By incorporating these cutting-edge controls, telehandlers have become more agile, stable, and precise, fundamentally transforming how operators handle various loads. This has resulted in heightened efficiency and safety across their operations.
Furthermore, the integrated control systems present in contemporary telehandlers substantially elevate the machine's responsiveness, stability, and precision. These systems continuously monitor and adjust to changing conditions through advanced algorithms and sensors, guaranteeing smooth and well-controlled movements. This heightened level of responsiveness empowers operators to efficiently manage loads, consequently lowering the potential for accidents and minimizing both machine and environmental damage.
Telehandlers Market Report Highlights
- Compact segment will grow at substantial pace, on account of its ability complete variety of tasks
- Electric segment will grow rapidly, owing to rise in investments, improved operational efficiencies, & rising pressure to curb carbon emissions
- Construction segment dominated the market, due to rise in infrastructure projects in the emerging nations, strong government push with public private partnerships
- Asia Pacific will grow at rapid pace, on account on vast government backed infrastructure projects in South East Asian nations
- North America garnered the largest share, owing to developed manufacturing industry, robust supply chain network
- The key market players include AB Volvo, Caterpillar, CNH Industrial, Doosan Corporation, HAULOTTE GROUP, Komatsu, L&T Technology Services, and Manitou.com.
Polaris Market Research has segmented the telehandlers market report based on product, propulsion type, lifting capacity, end use, and region:
Telehandlers, Product Outlook (Revenue - USD Million, 2019 - 2032)
Telehandlers, Propulsion Type Outlook (Revenue - USD Million, 2019 - 2032)
Telehandlers, Lifting Capacity Outlook (Revenue - USD Million, 2019 - 2032)
- Less than 3 Ton
- 3 - 10 Ton
- More than 10 Ton
Telehandlers, End Use Outlook (Revenue - USD Million, 2019 - 2032)
- Construction
- Agriculture
- Manufacturing
- Others
Telehandlers, Regional Outlook (Revenue - USD Million, 2019 - 2032)
- North America
- U.S.
- Canada
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Netherlands
- Asia Pacific
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Latin America
- Argentina
- Brazil
- Mexico
- Middle East & Africa
- UAE
- Saudi Arabia
- Israel
- South Africa
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Global Telehandler Market Insights
- 4.1. Telehandler Market - End Use Snapshot
- 4.2. Telehandler Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Technological Advancements
- 4.2.1.2. Construction Industry Growth
- 4.2.2. Restraints and Challenges
- 4.2.2.1. High initial cost
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Telehandler Market End Use Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
5. Global Telehandler Market, by Product
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Telehandler Market, by Product, 2019-2032 (USD Million)
- 5.3. Large
- 5.3.1. Global Telehandler Market, by Large, by Region, 2019-2032 (USD Million)
- 5.4. Compact
- 5.4.1. Global Telehandler Market, by Compact, by Region, 2019-2032 (USD Million)
6. Global Telehandler Market, by Propulsion Type
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Telehandler Market, by Propulsion Type, 2019-2032 (USD Million)
- 6.3. ICE
- 6.3.1. Global Telehandler Market, by ICE, by Region, 2019-2032 (USD Million)
- 6.4. Electric
- 6.4.1. Global Telehandler Market, by Electric, by Region, 2019-2032 (USD Million)
7. Global Telehandler Market, by End Use
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Telehandler Market, by End Use, 2019-2032 (USD Million)
- 7.3. Construction
- 7.3.1. Global Telehandler Market, by Construction, By Region, 2019-2032 (USD Million)
- 7.4. Agriculture
- 7.4.1. Global Telehandler Market, by Agriculture, By Region, 2019-2032 (USD Million)
- 7.5. Manufacturing
- 7.5.1. Global Telehandler Market, by Manufacturing, By Region, 2019-2032 (USD Million)
- 7.6. Others
- 7.6.1. Global Telehandler Market, by Others, By Region, 2019-2032 (USD Million)
8. Global Telehandler Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Telehandler Market Assessment, By Geography, 2019-2032 (USD Million)
- 8.3. Telehandler Market - North America
- 8.3.1. North America: Telehandler Market, by Product, 2019-2032 (USD Million)
- 8.3.2. North America: Telehandler Market, by End Use, 2019-2032 (USD Million)
- 8.3.3. North America: Telehandler Market, by Propulsion Type, 2019-2032 (USD Million)
- 8.3.4. Telehandler Market - U.S.
- 8.3.4.1. U.S.: Telehandler Market, by Product, 2019-2032 (USD Million)
- 8.3.4.2. U.S.: Telehandler Market, by End Use, 2019-2032 (USD Million)
- 8.3.4.3. U.S.: Telehandler Market, by Propulsion Type, 2019-2032 (USD Million)
- 8.3.5. Telehandler Market - Canada
- 8.3.5.1. Canada: Telehandler Market, by Product, 2019-2032 (USD Million)
- 8.3.5.2. Canada.: Telehandler Market, by End Use, 2019-2032 (USD Million)
- 8.3.5.3. Canada: Telehandler Market, by Propulsion Type, 2019-2032 (USD Million)
- 8.4. Telehandler Market - Europe
- 8.4.1. Europe: Telehandler Market, by Product, 2019-2032 (USD Million)
- 8.4.2. Europe.: Telehandler Market, by End Use, 2019-2032 (USD Million)
- 8.4.3. Europe: Telehandler Market, by Propulsion Type, 2019-2032 (USD Million)
- 8.4.4. Telehandler Market - UK
- 8.4.4.1. UK: Telehandler Market, by Product, 2019-2032 (USD Million)
- 8.4.4.2. UK.: Telehandler Market, by End Use, 2019-2032 (USD Million)
- 8.4.4.3. UK: Telehandler Market, by Propulsion Type, 2019-2032 (USD Million)
- 8.4.5. Telehandler Market - France
- 8.4.5.1. France: Telehandler Market, by Product, 2019-2032 (USD Million)
- 8.4.5.2. France.: Telehandler Market, by End Use, 2019-2032 (USD Million)
- 8.4.5.3. France: Telehandler Market, by Propulsion Type, 2019-2032 (USD Million)
- 8.4.6. Telehandler Market - Germany
- 8.4.6.1. Germany: Telehandler Market, by Product, 2019-2032 (USD Million)
- 8.4.6.2. Germany.: Telehandler Market, by End Use, 2019-2032 (USD Million)
- 8.4.6.3. Germany: Telehandler Market, by Propulsion Type, 2019-2032 (USD Million)
- 8.4.7. Telehandler Market - Italy
- 8.4.7.1. Italy: Telehandler Market, by Product, 2019-2032 (USD Million)
- 8.4.7.2. Italy.: Telehandler Market, by End Use, 2019-2032 (USD Million)
- 8.4.7.3. Italy: Telehandler Market, by Propulsion Type, 2019-2032 (USD Million)
- 8.4.8. Telehandler Market - Spain
- 8.4.8.1. Spain: Telehandler Market, by Product, 2019-2032 (USD Million)
- 8.4.8.2. Spain.: Telehandler Market, by End Use, 2019-2032 (USD Million)
- 8.4.8.3. Spain: Telehandler Market, by Propulsion Type, 2019-2032 (USD Million)
- 8.4.9. Telehandler Market - Netherlands
- 8.4.9.1. Netherlands: Telehandler Market, by Product, 2019-2032 (USD Million)
- 8.4.9.2. Netherlands.: Telehandler Market, by End Use, 2019-2032 (USD Million)
- 8.4.9.3. Netherlands: Telehandler Market, by Propulsion Type, 2019-2032 (USD Million)
- 8.4.10. Telehandler Market - Russia
- 8.4.10.1. Russia: Telehandler Market, by Product, 2019-2032 (USD Million)
- 8.4.10.2. Russia.: Telehandler Market, by End Use, 2019-2032 (USD Million)
- 8.4.10.3. Russia: Telehandler Market, by Propulsion Type, 2019-2032 (USD Million)
- 8.5. Telehandler Market - Asia Pacific
- 8.5.1. Asia Pacific: Telehandler Market, by Product, 2019-2032 (USD Million)
- 8.5.2. Asia Pacific.: Telehandler Market, by End Use, 2019-2032 (USD Million)
- 8.5.3. Asia Pacific: Telehandler Market, by Propulsion Type, 2019-2032 (USD Million)
- 8.5.4. Telehandler Market - China
- 8.5.4.1. China: Telehandler Market, by Product, 2019-2032 (USD Million)
- 8.5.4.2. China.: Telehandler Market, by End Use, 2019-2032 (USD Million)
- 8.5.4.3. China: Telehandler Market, by Propulsion Type, 2019-2032 (USD Million)
- 8.5.5. Telehandler Market - India
- 8.5.5.1. India: Telehandler Market, by Product, 2019-2032 (USD Million)
- 8.5.5.2. India.: Telehandler Market, by End Use, 2019-2032 (USD Million)
- 8.5.5.3. India: Telehandler Market, by Propulsion Type, 2019-2032 (USD Million)
- 8.5.6. Telehandler Market - Malaysia
- 8.5.6.1. Malaysia: Telehandler Market, by Product, 2019-2032 (USD Million)
- 8.5.6.2. Malaysia.: Telehandler Market, by End Use, 2019-2032 (USD Million)
- 8.5.6.3. Malaysia: Telehandler Market, by Propulsion Type, 2019-2032 (USD Million)
- 8.5.7. Telehandler Market - Japan
- 8.5.7.1. Japan: Telehandler Market, by Product, 2019-2032 (USD Million)
- 8.5.7.2. Japan.: Telehandler Market, by End Use, 2019-2032 (USD Million)
- 8.5.7.3. Japan: Telehandler Market, by Propulsion Type, 2019-2032 (USD Million)
- 8.5.8. Telehandler Market - Indonesia
- 8.5.8.1. Indonesia: Telehandler Market, by Product, 2019-2032 (USD Million)
- 8.5.8.2. Indonesia.: Telehandler Market, by End Use, 2019-2032 (USD Million)
- 8.5.8.3. Indonesia: Telehandler Market, by Propulsion Type, 2019-2032 (USD Million)
- 8.5.9. Telehandler Market - South Korea
- 8.5.9.1. South Korea: Telehandler Market, by Product, 2019-2032 (USD Million)
- 8.5.9.2. South Korea.: Telehandler Market, by End Use, 2019-2032 (USD Million)
- 8.5.9.3. South Korea: Telehandler Market, by Propulsion Type, 2019-2032 (USD Million)
- 8.6. Telehandler Market - Middle East & Africa
- 8.6.1. Middle East & Africa: Telehandler Market, by Product, 2019-2032 (USD Million)
- 8.6.2. Middle East & Africa.: Telehandler Market, by End Use, 2019-2032 (USD Million)
- 8.6.3. Middle East & Africa: Telehandler Market, by Propulsion Type, 2019-2032 (USD Million)
- 8.6.4. Telehandler Market - Saudi Arabia
- 8.6.4.1. Saudi Arabia: Telehandler Market, by Product, 2019-2032 (USD Million)
- 8.6.4.2. Saudi Arabia.: Telehandler Market, by End Use, 2019-2032 (USD Million)
- 8.6.4.3. Saudi Arabia: Telehandler Market, by Propulsion Type, 2019-2032 (USD Million)
- 8.6.5. Telehandler Market - UAE
- 8.6.5.1. UAE: Telehandler Market, by Product, 2019-2032 (USD Million)
- 8.6.5.2. UAE.: Telehandler Market, by End Use, 2019-2032 (USD Million)
- 8.6.5.3. UAE: Telehandler Market, by Propulsion Type, 2019-2032 (USD Million)
- 8.6.6. Telehandler Market - Israel
- 8.6.6.1. Israel: Telehandler Market, by Product, 2019-2032 (USD Million)
- 8.6.6.2. Israel.: Telehandler Market, by End Use, 2019-2032 (USD Million)
- 8.6.6.3. Israel: Telehandler Market, by Propulsion Type, 2019-2032 (USD Million)
- 8.6.7. Telehandler Market - South Africa
- 8.6.7.1. South Africa: Telehandler Market, by Product, 2019-2032 (USD Million)
- 8.6.7.2. South Africa.: Telehandler Market, by End Use, 2019-2032 (USD Million)
- 8.6.7.3. South Africa: Telehandler Market, by Propulsion Type, 2019-2032 (USD Million)
- 8.7. Telehandler Market - Latin America
- 8.7.1. Latin America: Telehandler Market, by Product, 2019-2032 (USD Million)
- 8.7.2. Latin America.: Telehandler Market, by End Use, 2019-2032 (USD Million)
- 8.7.3. Latin America: Telehandler Market, by Propulsion Type, 2019-2032 (USD Million)
- 8.7.4. Telehandler Market - Mexico
- 8.7.4.1. Mexico: Telehandler Market, by Product, 2019-2032 (USD Million)
- 8.7.4.2. Mexico.: Telehandler Market, by End Use, 2019-2032 (USD Million)
- 8.7.4.3. Mexico: Telehandler Market, by Propulsion Type, 2019-2032 (USD Million)
- 8.7.5. Telehandler Market - Brazil
- 8.7.5.1. Brazil: Telehandler Market, by Product, 2019-2032 (USD Million)
- 8.7.5.2. Brazil.: Telehandler Market, by End Use, 2019-2032 (USD Million)
- 8.7.5.3. Brazil: Telehandler Market, by Propulsion Type, 2019-2032 (USD Million)
- 8.7.6. Telehandler Market - Argentina
- 8.7.6.1. Argentina: Telehandler Market, by Product, 2019-2032 (USD Million)
- 8.7.6.2. Argentina.: Telehandler Market, by End Use, 2019-2032 (USD Million)
- 8.7.6.3. Argentina: Telehandler Market, by Propulsion Type, 2019-2032 (USD Million)
9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. AB Volvo
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Caterpillar
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. CNH Industrial N.V.
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Doosan Corporation
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. HAULOTTE GROUP
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. J C Bamford Excavators Ltd.
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Komatsu Ltd.
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. L&T Technology Services Limited.
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Manitou.com
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. Oshkosh Corporation
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
- 10.11. Terex Corporation
- 10.11.1. Company Overview
- 10.11.2. Financial Performance
- 10.11.3. Product Benchmarking
- 10.11.4. Recent Development
- 10.12. Wacker Neuson SE
- 10.12.1. Company Overview
- 10.12.2. Financial Performance
- 10.12.3. Product Benchmarking
- 10.12.4. Recent Development