Telehandlers Market will reach approximately at USD 4,120.0 Million by 2025, with a CAGR of 4.0% during the forecast period (2019-2025)

22/ott/2019 12:02:56 Automotive Market Research Reports Contatta l'autore

Global telehandlers market was valued at  USD 4,120.0 million,  it is anticipated to witness 4.0% CAGR during the forecast period 2025

Market Synopsis: Global Telehandlers Market 

Global Telehandlers Market is anticipated to witness exponential growth owing to the growing agriculture industry and the increasing government support for construction activities. Manufacturers associated with the construction machinery industry are tapping into lucrative opportunities by upgrading the power grids in their respective models of telehandlers. Telehandlers and forklift lines are the most commonly utilized in agriculture with focus on safety, ergonomics and efficiency. It is developed to provide solutions that allow efficient handling the results of farming. Material handling solutions are very crucial to the agriculture sector and need to be handled and transported carefully. Moreover, it also offers solutions to help agriculture producers improve productivity and efficiency to maintain profit margins.

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Key Players

The Key Players operating in the global market are Haulotte Group, Manitou Bf, Ltd. (France), Terex Corporation (US), J.C. Bamford Excavators Limited (UK), JLG Industries, Inc., MERLO S.P.A. (Italy), DOOSAN (US), Komatsu Ltd. (Japan), and AB Volvo (Sweden).

Scope of the Report

This study provides an overview of the global telehandlers market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific, and the rest of the world. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global telehandlers market by type, application, and region.

  • By Product 
    • Large Telehandlers
    • Compact Telehandlers
  • By Technology
    • Hybrid Telehandlers
    • Electric Telehandlers
  • By Application
    • Residential
    • Commercial
    • Infrastructural

In 2018, the global telehandlers market was valued at USD 4,120.0 million, which is expected to witness 4.0% CAGR during the forecast period. The base year considered for the study of the market is 2018 and the forecast period for the global telehandlers market is 2019 to 2024.

Europe is expected to witness a gradual increase in the telehandlers market during the forecast period: MRFR

Geographically, the global telehandlers market has been segmented into four major regions, namely, North America, Europe, Asia-Pacific, and the rest of the world. In 2018, Europe accounted for the largest market share is expected to witness sustainable growth during the forecast period. The construction machinery industry in the region Furthermore, high investments in the construction industry is expected to drive the demand for telehandlers.

Asia-Pacific is anticipated to witness the highest growth rate during the period, owing to growing construction machinery across the emerging economies, such as China and India. Moreover, industrialization and urbanization in emerging economies are expected to contribute significantly to the growth of market.

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