Telehandlers Market Key Drivers, Industry Size, Regional Investments and Top Segments Data Forecast

Posted on Jul 22 2021 8:55 AM

"Top Players in Telescopic Handlers Market are JC Bamford Excavator Ltd., Caterpillar, Doosan Bobcat, CNH Industrial America LLC, Manitou BF, Terex Corporation, Wacker Neuson SE, Liebherr-International Deutschland GmbH, Skyjack, HAULOTTE GROUP, JLG Industries, Komatsu Ltd., AB Volvo "

The global “Telescopic Handlers Market” is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled "Telescopic Handlers Market Size, Growth Rate 2026 | Industry Dynamics". The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period.

The report evaluates the important characteristics of the market based on present industry scenarios, market demands and business strategies. Also, the research report separates the industry based on the Telehandlers Market share, types, applications, growth factor, key players and regions.

"Telehandler market exhibited a modest growth of 5.4% in 2020. It is projected to grow from USD 6.19 billion in 2021 to USD 9.38 billion in 2028 at a CAGR of 6.1% in the 2021-2028 period"

Report Highlights:

  • A comprehensive overview of the Telescopic Handlers Market
  • Significant factors boosting, restricting, challenging and providing an opportunity to the market
  • Key insights and major industry developments
  • Significant players functioning in the Telescopic Handlers Market
  • Major strategies adopted by players such as the launch of new products for better revenue generation, company collaborations, and others
  • Other market trends

An Overview of the Impact of COVID-19 on this Market:

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are making continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreaks across industries to help you prepare for the future.

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List of Top Key Manufacturers for Telehandlers Market:

  • JC Bamford Excavator Ltd.
  • Caterpillar
  • Doosan Bobcat
  • CNH Industrial America LLC
  • Manitou BF
  • Terex Corporation
  • Wacker Neuson SE
  • Liebherr-International Deutschland GmbH
  • Skyjack
  • HAULOTTE GROUP
  • JLG Industries
  • Komatsu Ltd.
  • AB Volvo

Several companies are upgrading their telescopic handlers to increase market share. For instance, Manitou upgraded its existing telehandler called MT 1135into a hybrid telehandler. The company is working with Deutz to produce hybrid telehandler MT 1335. Also, the company will continue to maintain its long-standing relationship with Road America. Manitou has been delivering construction equipment to Road America since 1989. The demand for aerial platform equipment is increasing, which drives the market. Considering this, the telescopic handlers market potential is likely to grow in the years to come.

“Rising Preference Towards Electric Telehandlers to Reduce Operational and Labor Costs”

“The rapidly growing infrastructure sector augments the demand for innovative and advanced construction equipment, which increases the telescopic handlers market share,” states a lead analyst at Fortune Business Insights. Integration of telematics in telehandlers and increasing adoption of hybrid telescopic handlers are positively impacting the growth of the market. Stringent environmental policies are compelling companies to manufacture electric telehandlers enabled with electric engine technology. A program called National Clean Air Program or NCAP was launched in 2019 in India. The program gives a clear understanding of how to control and reduce air pollution levels.

Electric telehandlers help to reduce carbon dioxide emissions across construction sites, which leads to a green and sustainable working environment. In order to follow the government guidelines, consumers are focusing on electric or green telehandlers. Governments around the world are encouraging consumers to use renewable sources of energy with an aim to introduce eco-friendly and efficient engines for telehandlers. All the above factors are expected to expand the telescopic handlers market size in the forthcoming years.

Some of the Key Questions Answered in this Report:

  • Detailed Overview of Telehandlers Market will help deliver clients and businesses making strategies.
  • Influencing factors that are thriving demand and latest trends running in the market.
  • Telehandlers Market forecast for global market split into segments like region, product, applications, end-user, technology, etc.
  • What trends, challenges and barriers will impact the development and sizing of the Global Telehandlers Market?
  • SWOT Analysis of each defined key player along with its profile and Porter’s five forces analysis to complement the same.
  • What is the Telehandlers Market growth momentum or market carries during the forecast period?
  • Which region may tap the highest market share in the coming era?
  • Which application/end-user category or Product Type may seek incremental growth prospects?
  • What focused approach and constraints are holding the Telehandlers Market demand?

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Regional Analysis for Telehandlers Market:

  • North America (the USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)

The Telehandlers Market research report offers a complete assessment of the industry. The projections included in the report have been determined utilizing demonstrated research philosophies and presumptions.

Research Methodology:

We follow a robust research methodology that involves data triangulation based on top-down, bottom-up approaches, and validation of the estimated market numbers through primary research. The information used to estimate the market size and forecast for various segments at the global, regional, and country-level is derived from the most credible published sources and through interviews with the right stakeholders.

The Growth rate or CAGR exhibited by a market for a certain forecast period is calculated on the basis of various factors and their level of impact on the market. These factors include market drivers, restraints, industry challenges, market and technological developments, market trends, etc.

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Major Table of Contents for Telehandlers Market Research Report:

  • Introduction
  • Executive Summary
  • Market Dynamics
  • Key Telehandlers Market Insights
  • Global Market Analysis, Insights and Forecast, 2015-2026
  • North America Market Analysis, Insights and Forecast, 2015-2026
  • Europe Market Analysis, Insights and Forecast, 2015-2026
  • Asia Pacific Market Analysis, Insights and Forecast, 2015-2026
  • The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2026
  • Latin America Market Analysis, Insights and Forecast, 2015-2026
  • Competitive Landscape
  • Global Telehandlers Market Revenue Share Analysis, By Key Players, 2020
  • Company Profiles
  • Conclusion

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