GVR Report cover Telehandler Market Size, Share & Trends Report

Telehandler Market Size, Share & Trends Analysis Report, By Type (Fixed Frame, Rotational), By Engine (Diesel, Electric), By Height, By End-use (Construction, Agriculture), By Region, And Segment Forecasts, 2023 To 2030

  • Report ID: GVR454835
  • Number of Pages: 0
  • Format: Electronic (PDF)

Telehandlers, also called telehandler forklifts or telescopic handlers, are multi-functional machines that are widely utilized in construction, agriculture, and industrial settings. These machines feature a telescopic boom that can expand and contract, enabling operators to reach elevated areas and lift heavy loads. Unlike conventional forklifts, telehandlers possess a solitary telescopic arm rather than two forks, providing greater maneuverability and the capacity to access hard-to-reach areas. Telehandlers are available in various sizes and configurations, featuring diverse lifting capacities, boom lengths, and attachments such as buckets, pallet forks, and lifting hooks. These machines can undertake numerous tasks, including loading and unloading materials, moving, and positioning hefty items, and working at great heights.

The telehandler market is being pushed by its capacity to easily carry and transfer heavy items, which is crucial in sectors like manufacturing, agriculture, and construction. A telehandler is a very adaptable and effective solution for material handling jobs because of its telescopic boom, which enables it to access lofty places and navigate around obstacles. Its versatility is increased by the capacity to carry out many tasks with various attachments, including lifting hooks, pallet forks, and buckets, which helps to save time and money. Telehandlers are becoming more and more popular because of technological developments that have improved their effectiveness, safety, and use. Significant market drivers for telehandlers include their rising demand across a variety of industries, as well as their adaptability, efficiency, and developments in technology. For instance, in March 2022, the ultra-compact telehandler model has been introduced by Manitou Group, a well-known supplier of handling, aerial lift platforms, and earthmoving equipment. The group's dedication to providing its users with extremely effective and user-friendly solutions while also assuring profitability is reflected in the introduction of this new model.

Manufacturers of telehandlers are increasingly implementing "green logistics" techniques, which aim to lessen the harm done to the environment by logistical operations by cutting down on emissions. As consumers demand more environmentally friendly logistical services, this strategy gives firms a competitive edge over their rivals. The emphasis on green logistics not only opens doors for telehandler manufacturers but also has a good effect on society and the environment. For instance, in November 2018, Battery Power Industries (BPI) and Manitou.com collaborated to develop battery-powered telehandlers, which feature high-speed charging systems, catering to the needs of the mining and infrastructure construction industry.

On the telehandler market, the COVID-19 pandemic had a considerable effect. Sales of telehandlers declined because of a drop in demand brought on by the temporary closure of numerous manufacturing and construction facilities. The pandemic's impact on the supply chain also resulted in telehandler deliveries being delayed, which had an additional negative impact on the market. The pandemic has increased focus on the value of automation and technology in the workplace, which has affected the telehandler industry as well. The development of advanced telehandlers with remote operation and safety sensors has increased because of this shift in emphasis. By eliminating interaction with machinery, these cutting-edge features can significantly lower the danger of virus transmission.

Because of continuing construction and development projects in China and India, the Asia-Pacific telehandler market has seen substantial expansion in recent years. East Asian economies are expanding quickly, which has driven initiatives linked to infrastructure, transportation, and airport development. As a result, there has been a rise in the demand for small, dependable telehandlers in the region.

Telehandler Market Segmentation

  • By Type

    • Fixed frame Telehandlers

    • Rotational Telehandlers

    • Compact Telehandlers

    • High reach Telehandlers

    • Heavy lift Telehandlers

  • By Engine

    • Diesel engine

    • LPG engine

    • Electric motor

    • Hybrid engine

  • By Height

    • Less than 50 ft

    • 50 ft & more

  • By End-use

    • Construction Industry

    • Agriculture Industry

    • Industrial & Manufacturing Plants

    • Warehousing & Logistics Industry

    • Mining & Heavy Equipment Industry

    • Others

  • By Region

    • North America

      • U.S.

      • Canada

    • Europe

      • UK

      • Germany

      • France

      • Italy

      • Spain

      • Denmark

      • Norway

    • Asia-Pacific     

      • Japan

      • China

      • India

      • Australia

      • South Korea

    • Latin America

      • Brazil

      • Mexico

      • Argentina

    • MEA (Middle East and Africa)  

      • South Africa

      • Saudi Arabia

      • UAE

      • Kuwait

  • Key players

    • Manitou.com

    • J C Bamford Excavators Ltd.

    • CNH Industrial N.V.

    • Caterpillar.

    • Wacker Neuson SE

    • Terex Corporation.

    • Doosan Corporation.

    • Oshkosh Corporation

    • AB Volvo

    • L&T Technology Services Limited.

    • Komatsu Ltd.

    • HAULOTTE GROUP

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