Telehandlers Market, By Product (Compact Telehandler, High Reach Telehandler, Heavy Lift Telehandler), End-User (Construction, Agriculture, Industry, Mines & Quarries, Others,) Forecast Till 2025

Market Scenario:

A telehandler is also known as a telescopic handler, teleporter, or boom lift, which is a blend of a crane and a forklift. It is an all-terrain multi-purpose mobile machine equipped with changeable height or reach of telescopic roar and lifting attachment that can expand forward and backward from the vehicle. Telehandlers are anchored on four-wheel drive chassis and telescopic boom, providing a lifting range of up to 50 feet or more. At the end of the telescopic boom, one of the several attachments is possible to be fitted such as pallet forks, bucket, muck grab, or winch. However, most popular attachments for a telehandler are fork tines, earth moving bucket, work platform, and lifting jib. In the North American region, telehandler is also called as cherry pickers. According to WHS (Workplace Health and Safety) regulatory, telehandler comes under high-risk work (HRW) license category, which requires CN (non-slewing) or C2 and above (slewing) configuration.

Telehandlers are broadly used in agriculture and construction industries. The common use of telehandler attachment in the industrial sector is the pallet forks. These telehandlers are used to move heavy loads from unreachable places such as pulling out loads from trailer inner sides or placing the load on the rooftop. The use of telehandler instead of cranes is practical and time-efficient. However, telehandler in agricultural sector uses bucket or bucket grab as an attachment. Telehandler uses sensors to monitor the telescopic boom lifting functionality. Further, many telehandlers are equipped with stabilizers that alerts the operator or interrupts the controller input if the load limit exceeds on the vehicle. It is often considered that telehandlers are mostly used by builders on construction site; although, it has wide range of industries such as agriculture, tree surgery, and recycling. However, the companies who require telehandlers for a short period of time could possibly rent telehandlers from available rental companies.

There are several essential uses of telehandlers such as moving heavy loads from one place to another or to remove heavy elements from delivery vehicles, specifically in the construction industry. Also, telehandlers are used by farmers to move bales of hay that requires pallet fork. Further, to lift or move items in warehouses, forklift telehandlers are essential. Moreover, several businesses use snow plugged attached telehandler to remove snow from their construction sites. To perform repairing and maintenance work of tall buildings, work platform attached telehandlers are used, which are electronically controlled and uses tough steel. 

Factors Influencing Market Scenario:
From building projects to heavy infrastructure construction to agriculture activities, telehandlers have the power and lifting capacity to move materials efficiently from one place to other. As different activities and applications have different tasks, telescopic handlers come in a wide range of sizes and lifting capacities for numerous activities, which is expected to rise in demand for high capacity telehandlers. Moreover, expansion of rental equipment business would be one of the key factors in construction business as it is required for specific period of time. The growth in adoption of hybrid telehandlers will be considered as a key trend in the telehandlers market for the construction industry. The instability in fuel prices is encouraging the manufacturers to look for alternatives such as hybrid telehandlers and electric telehandlers that is expected to provide better opportunities in the coming years. However, telehandlers are one of the heavy and complicated machinery and working with it is supposed to be suitably planned and the risks assessed to ensure the work can be carried out safely which is anticipated to restrain the growth of the telehandler market. 

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Regional analysis:
Geographically, the telehandlers market is segregated in North America, Europe, Asia Pacific, and LAMEA (Latin America, Middle East and Africa). European region is expected to show higher growth rate due to presence of prominent key players in the countries such as Germany, UK, France, and Italy, as well as due to the continuous increase in developments of telehandlers. Further, rise in construction business and heavy industrialization in economically developing countries such as, China, India, Japan, and South Korea boost the demand for telehandlers market in Asia-Pacific region and expected to dominate the market in upcoming years. Consistent use of telehandlers for construction and agricultural industries in countries like U.S., Canada, and Mexico are anticipated to drive the market growth of telehandlers in North American region.

Key Players:

The major key players in telehandlers market are Caterpillar Inc., CLAAS KGaA mbH, CNH Industrial, Dieci Americas, Doosan Infracore Co., Ltd., Haulotte Group SA, J.C. Bamford Excavators Limited, JLG Industries, Inc., Liebherr-International AG, Linamar Corporation, Manitou BF SA, Merlo S.p.A., SAME DEUTZ-FAHR GROUP S.p.A., Terex Corporation, and Wacker Neuson SE. These players are trying to recognize the needs of market in developing countries and expanding their strategies to improve business needs.

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Global Telehandlers Market Segmentation:

By Product:
• Compact Telehandler
• High Reach Telehandler
• Heavy Lift Telehandler
By End-User: 
• Construction
• Agriculture
• Industry
• Mines & Quarries
• Others

• Regions Covered:
o North America (U.S and Canada)
o Europe (Germany, France, Italy and Rest of Europe)
o Asia-Pacific (China, Japan, India, South Korea and Rest of Asia-Pacific)
o LAMEA (Brazil, Turkey, Saudi Arabia, South Africa and Rest of LAMEA)

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