Global Material Handling Equipment Telematics Market Size & Outlook
Global material handling equipment telematics market, 2021-2033 (US$M)
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Global material handling equipment telematics market highlights
- The global material handling equipment telematics market generated a revenue of USD 7,506.0 million in 2025 and is expected to reach USD 23,809.8 million by 2033.
- The market is expected to grow at a CAGR (2026 - 2033) of 15.6% by 2033.
- In terms of segment, trucks accounted for a revenue of USD 2,950.9 million in 2025.
- Trucks is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2025.
- Country-wise, China is expected to register the highest CAGR from 2026 to 2033.
Global data book summary
| Market revenue in 2025 | USD 7,506.0 million |
| Market revenue in 2033 | USD 23,809.8 million |
| Growth rate | 15.6% (CAGR from 2026 to 2033) |
| Largest segment | Trucks |
| Fastest growing segment | Trucks |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Aerial Work Platform, Forklifts, Cranes, Earthmoving Equipment, Trucks, Tractors, Telehandlers |
Other key industry trends
- In terms of revenue, the North America accounted for 46.7% of the global material handling equipment telematics market in 2025.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2033.
- By country, China is the fastest growing regional market and is projected to reach USD 3,250.3 million by 2033.
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Material Handling Equipment Telematics Market Scope
Material Handling Equipment Telematics Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| ZTR Control Systems | View profile | 101-250 | London, Ontario, Canada, North America | http://ztr.com/ |
| Trackunit | View profile | 101-250 | Aalborg, Nordjylland, Denmark, Europe | https://www.trackunit.com/ |
| HD Hyundai Construction Equipment | View profile | 1001-5000 | Pune, Maharashtra, India, Asia | https://in.hd-hyundaice.com |
| MLE | View profile | 11-50 | Campi Bisenzio, Toscana, Italy, Europe | https://www.mlelighting.com |
| HIAB | View profile | 10001+ | Malmö, Skane Lan, Sweden, Europe | https://www.hiab.com |
| Mahindra & Mahindra | View profile | 10001+ | Mumbai, Maharashtra, India, Asia | http://mahindratractor.com |
| Toyota Material Handling Group | View profile | 1001-5000 | Columbus, Indiana, United States, North America | https://www.toyotaforklift.com/ |
| JLG Industries | View profile | 1001-5000 | Mc Connellsburg, Pennsylvania, United States, North America | http://www.jlg.com/en |
| Doosan Group | View profile | 1001-5000 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://www.doosan.com |
| Konecranes Oyj | View profile | 16553 | Koneenkatu 8, P.O. Box 661, Hyvinkaa, Finland, FI-05801 | https://www.konecranes.com |
| The Raymond Corporation | View profile | 1001-5000 | Greene, New York, United States, North America | https://www.raymondcorp.com/ |
| Clarks | View profile | 10001+ | Somerset, New Jersey, United States, North America | https://www.clarksusa.com |
| Caterpillar Inc | View profile | 121173 | 5205 N. O'Connor Boulevard, Suite 100, Irving, TX, United States, 75039 | https://www.caterpillar.com |
Global material handling equipment telematics market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to material handling equipment telematics market will help companies and investors design strategic landscapes.
Trucks was the largest segment with a revenue share of 39.31% in 2025. Horizon Databook has segmented the Global material handling equipment telematics market based on aerial work platform, forklifts, cranes, earthmoving equipment, trucks, tractors, telehandlers covering the revenue growth of each sub-segment from 2021 to 2033.
- Global Material Handling Equipment Telematics Product Outlook (Revenue, USD Million, 2021-2033)
- Aerial Work Platform
- Forklifts
- Truck mounted forklifts
- Articulated forklifts
- Side loaders
- Others
- Cranes
- Port Cranes
- Truck mounted Cranes
- Others
- Earthmoving Equipment
- Spreader
- Articulated Wheel Loader
- Farm Implements
- Road Work Vehicle
- Self-propelling AG machine
- Others
- Trucks
- Military Vehicle
- Trailers
- Others
- Tractors
- Terminal Tractor
- Tow Tractor
- Others
- Telehandlers
- Others
- Sweeper & Scrubber
- Personnel & Burden Carrier
- Power Generation/Light Station
- Others
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Target buyers of Global material handling equipment telematics market databook
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Our clientele includes a mix of material handling equipment telematics market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global material handling equipment telematics market , including forecasts for subscribers. This global databook contains high-level insights into Global material handling equipment telematics market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Global material handling equipment telematics market size, by regions, 2021-2033 (US$M)
Top 10 countries: Material handling equipment telematics market size, 2024 (US$M)
Global material handling equipment telematics market share, by product, 2024 & 2030 (%, US$M)
Material handling equipment telematics market: Opportunity assessment by country
Global material handling equipment telematics market, by region, 2025 (US$M)
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