Market research future published a raw research report on Global Light Duty Telehandler market that contains the information from 2016 to 2020.
Taste the market data and market information presented through more than 85 market data tables and figures spread in 140 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Light Duty Telehandler market Information from 2016 to 2020″
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One of the key drivers for the growth of light duty telehandler market is the increased spending in construction, infrastructure and mining activities. The growth of the customer segment and the rapid technological advancements in the manufacturing of telehandler is boosting the growth of the market. The other driving factor of the market is the increasing government initiatives to support infrastructural development in developing countries. The growth of this market is restrained by the high maintenance and operational costs of light duty telehandler.
The report has been analyzed based on the capacities, applications and regions. Among all capacities of light duty telehandler, the 4.1 to 5 tons segment is expected to dominate the market. The share is attributed to the widespread use of telehandler for construction and agriculture purposes which is further expected to bolster the prospects for market growth. Less than 3 tons capacity telehandler are used for lifting and light material handling purposes. These are majorly used in residential construction and industrial use where the materials are generally light in nature as compared to mining, infrastructure and commercial construction application.
Asia-Pacific accounts for the highest market share
Asia-pacific region is expected to be the fastest growing region owing to the developing nations such as China. China is leading the market for Telehandlers both by capacity and by application during the forecast period. The region is expected to grow at a CAGR of 2.5% during the forecast period. The market is also growing rapidly with the use of telehandler across various industry verticals in the region such as construction, mining and others. The markets for telehandler are flourishing in the emerging economies such as China as well due to the emergence of industries and manufacturing facilities in the region. China also accounts for maximum volume of telehandler under ‘construction’ segment, by application
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- 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
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- 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.)
This research report has provides the insights, on various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the global light duty telehandler market, including the high-growth regions, countries and their political, economic and technological environments. Furthermore the project report also provides the views over the historical market values as well as, pricing and cost analysis of the same.
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