The light duty telehandler market is majorly driven by its use at construction sites. The light duty telehandler makes significant contribution to the construction process by enabling materials to be unloaded from delivery vehicles, transported around construction sites and be placed at heights. The market is also driven by the use of telehandler for industrial and infrastructural purposes. Tasks like vehicle and system maintenance, load handling and lifting or the overall logistics and support require telehandler machines and equipment, which drives their demand further. Moreover, the infrastructure development in the BRICS countries is contributing to the growth of this market. The growth of this market is expected to be restrained by the lack of trained operators.
The key players of telehandler market are Manitou (U.K.), JCB Ltd. (U.K.), Liebherr Machines (Switzerland), Caterpillar Inc. (U.S.), Merlo (Argentina), Pettibone Traverse LLC (U.S.), Wacker Neuson (Germany), Skyjack Inc. (U.S.), Sennebogen Maschinenfabrik GmbH (Germany), Gehl Company (U.S.) and others.
Request a Sample Copy @ https://www.marketresearchfuture.com/sample_request/2270
Market Research Analysis
Based on capacity, up to 3 tons segment is expected to be the highest growing segment of the light duty telehandler market. Less than 3 tons capacity telehandler are used for lifting and light material handling purposes. These are used in residential and industrial construction, where the materials are generally light in nature as compared to mining, infrastructure and commercial construction applications. This use has led to the growth of the telehandler segment of capacity up to 3 tons.
Browse Report Details @ https://www.marketresearchfuture.com/reports/light-duty-telehandler-market-2270
Asia-Pacific region is expected to dominate the telehandler market with the highest CAGR. In the Asia-pacific region, China is the fastest growing region. It is expected to account for a significant share of the all new global construction in the forecast period. It is also witnessing increased urbanization with the implementation of central national new type urbanization plan, which further widens the scope of telehandler market in the region.
Scope of the Report
This study provides an overview of the global telehandler 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 (APAC) and Rest of the World (ROW). 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 telehandler market by its capacity, type and region.
- By Capacity
- Up to 3 tons
- 3.1 to 4 tons
- 4.1 to 5 tons
- By Application
- By Region
- North America
- Asia Pacific
- Rest of the World
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Company Name: Market Research Future
Contact Person: Akash Anand
Phone: +1 646 845 9312
Address:Magarpatta Road, Hadapsar, Pune – 411028 Maharashtra, India