Global Telehandlers Market 2019
The global telehandlers market, according to the recent report published by Market Research Future (MRFR), is anticipated to witness moderate growth at a 4.0% CAGR and acquire a substantial market valuation during the forecast period.
Drivers and Restraints
Telehandlers and forklift lines are most frequently utilized in agriculture with a focus on safety, ergonomics, and efficiency. It is developed to provide solutions that enable the effective handling of the results of farming. Material handling solutions are essential to the agriculture sector and need to be handled and transported cautiously. Furthermore, it also provides solutions to help agriculture manufacturers to enhance productivity and efficiency to maintain profit margins. The Global Telehandlers Market is slated to witness significant growth owing to the thriving agriculture industry and the growing government support for construction activities. Market players associated with the construction machinery industry are focusing on profitable opportunities by improving the power grids in their respective prototypes of telehandlers.
On the other hand, stringent government regulations are expected to restrict the growth of the global telehandlers market.
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- Terex Corporation (US)
- Haulotte Group, Manitou Bf, Ltd. (France)
- Komatsu Ltd. (Japan)
- JLG Industries, Inc., MERLO S.P.A. (Italy)
- J.C. Bamford Excavators Limited (UK)
- DOOSAN (US)
- AB Volvo (Sweden)
The global market for telehandlers is segmented on the basis of product, technology, and application.
The products available in the market are Large Telehandlers and Compact Telehandlers. The technological integration in the global telehandlers market resulted in Hybrid Telehandlers and Electric Telehandlers. The applications of telehandlers are found in several sectors of the construction industry, such as Residential, Commercial, and Infrastructural.
On the basis of the applications, the residential segment is touted to sustain its market position by the end of the forecast period. This can be accrued to the rising population in emerging economies, such as India, China, and Brazil, which are driving the demand for residential buildings. Consequently, the residential segment is anticipated to witness significant growth during the review period.
Geographically, the global telehandlers market has been studied in four major regions, namely, Europe, North America, Asia-Pacific, and the rest of the world.
North America is one of the major regional markets for telehandlers and is slated to acquire a significant market share over the review period. This is attributed to the established industry verticals such as agriculture, construction, and others, which have significant applications for telehandlers. This factor contributes substantially towards the demand for the product and is projected to consequently fuel market growth over the assessment period. The emergence of new market players is also likely to increase the revenue generation in the telehandlers market in North America over the review period.
The European region accounts for the largest market share and has been poised to witness remarkable growth over the review period. This can be accredited to the strict regulatory procedures for the construction machinery industry in the region. Moreover, increasing investments in the construction industry are also expected to fuel the demand for telehandlers in the foreseeable future. Furthermore, the presence of significant market players in a higher concentration is also likely to contribute towards the regional market growth over the review period.
The Asia-Pacific is slated to observe the maximum growth rate over the assessment period, due to the flourishing construction machinery industry in the emerging economies, such as China, Japan, South Korea, and India. Moreover, the rapid industrialization and urbanization in these countries are projected to contribute substantially towards the growth of the market over the review period.
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List Of Tables
Table 1 Global Telehandlers Market, By Region, 2019–2025
Table 2 North America: Telehandlers Market, By Country, 2019–2025
Table 3 Europe: Telehandlers Market, By Country, 2019–2025
Table 4 Asia-Pacific: Telehandlers Market, By Country, 2019–2025
Table 5 Rest Of The World: Telehandlers Market, By Country, 2019–2025
Table 6 Global Telehandlers Market, By Product, By Region, 2019–2025
Table 7 North America: Telehandlers Market, By Product, By Country, 2019–2025
Table 8 Europe: Telehandlers Market, By Product, By Country, 2019–2025
Table 9 Asia-Pacific: Telehandlers Market By Product, By Country, 2019–2025
Table 10 Rest Of The World: Telehandlers Market By Product, By Country, 2019–2025
Table 11 Global Telehandlers Market, By Application, By Region, 2019–2025
Table 12 North America: Telehandlers Market, By Application, By Country, 2019–2025
Table 13 Europe: Telehandlers Market, By Application, By Country, 2019–2025
Table 14 Asia-Pacific: Telehandlers Market By Application, By Country, 2019–2025
Table 15 Rest Of The World: Telehandlers Market By Application, By Country, 2019–2025
List Of Figures
Figure 1 Research Process Of MRFR
Figure 2 Top-Down And Bottom-Up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter’s Five Forces Analysis
Figure 7 Value Chain Analysis
Figure 8 Global Telehandlers Market Share, By Product, 2018 (%)
Figure 9 Global Telehandlers Market, By Product, 2019–2025 (USD Million)
Figure 10 Global Telehandlers Market Share, By Application, 2018 (%)
Figure 11 Global Telehandlers Market, By Application, 2019–2025 (USD Million)
Figure 12 Global Telehandlers Market Share (%), By Region, 2018
Figure 13 Global Telehandlers Market, By Region, 2019–2025 (USD Million)
Figure 14 North America: Telehandlers Market Share (%), 2018
Figure 15 North America: Telehandlers Market By Country, 2019–2025 (USD Million)
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