PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1419068
PUBLISHER: AnalystView Market Insights | PRODUCT CODE: 1419068
Telehandler Market, By Product, By Propulsion Type, By End-User, By Country, and By Region - Industry Analysis, Market Size, Market Share & Forecast from 2023-2030
REPORT HIGHLIGHT
Telehandler Market size was valued at USD 4,431.5 Million in 2022, expanding at a CAGR of 6.2% from 2023 to 2030.
Heavy materials can be carried and placed using a hydraulic lifting device called a telescopic handler, or telehandler. These devices, sometimes known as boom lifts, use a boom a tool that resembles a crane that used to transfer goods. Operators connect various materials-holding devices to the tip of their boom.
Telehandler Market- Market Dynamics
Increasing demand from construction sector across residential and commercial buildings to propel market demand
The construction industry is the main driver of market growth, particularly in emerging economies. The construction of residential complexes, commercial structures, and infrastructural development has increased dramatically because of the urbanization phenomena. Modern, well-equipped buildings are in higher demand as cities grow and their populations rise. In addition, projects involving the development of infrastructure, including building roads, bridges, airports, and train networks, call for adaptable machinery that can handle a variety of jobs well. Telehandlers are necessary because the construction industry needs them for efficient and safe material handling, increased output, and adaptability to different job site conditions, all of which lead to more efficient construction procedures.
Furthermore, precision farming and other new approaches are part of the profound upheaval that the agriculture sector is currently going through due to the rapid improvements in technology and the growing desire for increased output. Mechanization solutions are being actively used by farmers worldwide to maximize productivity and optimize their operations. Farmers may now complete labor-intensive and time-consuming chores including loading and unloading, material handling, stacking, and storage with relative ease and speed thanks to telehandlers. These factors are expected to boost the demand for telehandler over the forecast period.
Telehandler Market- Key Insights
- As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 6.2% over the forecast period (2023-2030)
- Based on Product segmentation, large segment was predicted to show maximum market share in the year 2022, owing to high demand for high end power machineries.
- Based on Propulsion Type segmentation, ICE segment was the leading segment in 2022, ICE type helps to handle heavy loads and operate in high terrain conditions.
Telehandler Market- Segmentation Analysis:
Telehandler Market- Geographical Insights
Telehandler Market- Competitive Landscape:
Recent Developments:
SCOPE OF THE REPORT
GLOBAL TELEHANDLER MARKET KEY PLAYERS
GLOBAL TELEHANDLER MARKET, BY PRODUCT
GLOBAL TELEHANDLER MARKET, BY PROPULSION TYPE
GLOBAL TELEHANDLER MARKET, BY END-USER
GLOBAL TELEHANDLER MARKET, BY REGION
Table of Contents
1. Telehandler Market Overview
- 1.1. Study Scope
- 1.2. Market Estimation Years
2. Executive Summary
- 2.1. Market Snippet
- 2.1.1. Telehandler Market Snippet by Product
- 2.1.2. Telehandler Market Snippet by Propulsion Type
- 2.1.3. Telehandler Market Snippet by End-User
- 2.1.4. Telehandler Market Snippet by Country
- 2.1.5. Telehandler Market Snippet by Region
3. Telehandler Key Market Trends
4. Telehandler Industry Study
5. Telehandler Market: COVID-19 Impact Analysis
6. Telehandler Market Landscape
7. Telehandler Market - By Product
8. Telehandler Market - By Propulsion Type
9. Telehandler Market - By End-User
10. Telehandler Market- By Geography
11. Key Vendor Analysis- Telehandler Industry
12. 360 Degree Analyst View
13. Appendix
List of Tables
- TABLE List of data sources
- TABLE Market drivers; Impact Analysis
- TABLE Market restraints; Impact Analysis
- TABLE Telehandler Market: Product Snapshot (2022)
- TABLE Segment Dashboard; Definition and Scope, by Product
- TABLE Global Telehandler Market, by Product 2018-2030 (USD Million)
- TABLE Telehandler Market: Propulsion Type Snapshot (2022)
- TABLE Segment Dashboard; Definition and Scope, by Propulsion Type
- TABLE Global Telehandler Market, by Propulsion Type 2018-2030 (USD Million)
- TABLE Telehandler Market: End-User Snapshot (2022)
- TABLE Segment Dashboard; Definition and Scope, by End-User
- TABLE Global Telehandler Market, by End-User 2018-2030 (USD Million)
