Telehandler Market

Market Definition:

Telehandler Market size was valued at USD 6.2 billion in 2021 and is predicted to reach USD 10.4 billion by 2030 with a CAGR of 5.8% from 2022-2030.

A telehandler, also known as telescopic handler, refers to a flexible lifting machine that can be easily converted into crane for lifting and moving heavy industrial pipes, buckets, crates, container goods, and construction materials. Also, these telehandlers offer various advantages such as high load capacity, flexibility, and suitability for on-road as well as off-road applications. Moreover, they can be used for material handling, and digging trenches. Furthermore, these machines, are also used in dockyards and recycling operations for loading and unloading of goods.

Market Dynamics and Trends:

The demand for telehandler is rising due to its increasing use in solid waste management and recycling activities. In addition, factors such as rapid urbanization, extensive infrastructural developments, and innovation in telehandler designs are further expected to propel the growth of the market during the forecast period.

Moreover, introduction of advanced telehandlers that can track the work done by workers at every stage reduces the labour as well as operational cost in the organization, which in turn is increasing the adoption of telehandlers across industries.

However, rising adoption of forklifts, cyclic nature of lift trucks, limited number of suppliers, and high price are factors expected to restrain the growth of the market. On the other hand, technological product innovations, such as 360-degree movement capabilities, and development of electric engine telehandlers with higher loadbearing are expected to create lucrative growth opportunities for the telehandler market players.

Market Segmentations and Scope of the Study:

The telehandler market size has been segmented based on product, type, lift height, lift capacity, end user, and geography. Based on the product, the industry is classified into large telehandler, compact telehandler. Based on type, they are classified into electric and engine powered. Based on the lift height, the industry is classified into less than 5 meters, 5-15 meters, and more than 15 meters. Based on lift capacity, the market into divided into less than 3 tones, 3-10 tones, and more than 10 tones.  Based on the end user, the industry is classified into construction, mining, agriculture, heavy industries, power utilities, and others. On the basis of ownership, they are divided into rental and personal. The geography breakdown and analysis of each of the aforesaid segments includes regions comprising of North America, Europe, Asia-Pacific, and ROW.

Geographical Analysis:

Asia-Pacific region holds the lion share of telehandler market at present and is expected to continue dominating the market during the forecast period. This is attributed to factors such as number of on-going infrastructure development projects in countries such as Japan, China, and India. Also, developing countries specially in East Asian economies are focusing on the development of their airways, railways, and waterways infrastructure, which in turn is expected to augment the market growth of telehandlers in this region.

However, North America region is expected to witness a steady rise in the telehandler market due to increasing number of telehandlers in operation that require upgradation and replacement, along with expansion of its industrial, construction, and mining sector. Also, significant amount of government investments are going into agriculture, logistics, as well as power and utilities sectors, which is also expected to contribute towards the North America telehandler market growth.

Competitive Landscape:

The market comprises of various players such as J C Bamford Excavators Ltd. (JCB), Caterpillar Inc., Liebherr-International AG, Manitou Group, JLG Industries, Inc., Terex Corporation (Genie Brand), Merlo S.p.A., Bobcat Company (Doosan Bobcat Inc.), Sany Heavy Industry Co., Ltd., Xuzhou Construction Machinery Group (XCMG), Dieci S.r.l., Haulotte Group, CLAAS KGaA MbH, CNH Industrial N.V., Deere & Company

These manufacturers are actively indulging in R&D initiatives, product & technology innovations, and industrial collaborations to enhance their product and increase their growth as well as geographical reach.

For instance, in January 2025, J C Bamford Excavators Ltd. (JCB)Introduced TM280S and TM280 telehandlers with enhanced lift capacity, height, and transmission options.

Key Benefits:

• The telehandler market report provides the quantitative analysis of the current market and estimations through 2022-2030 that assists in identifying the prevailing market opportunities to capitalize on.

• The study comprises a deep dive analysis of the telehandler market trend including the current and future trends for depicting the prevalent investment pockets in the market.

• The information related to key drivers, restraints and opportunities and their impact on the telehandler market is provided in the report.

• The competitive analysis of the market players along with their market share in the telehandler market

• The SWOT analysis and Porters Five Forces model is elaborated in the study.

• Value chain analysis in the market study provides a clear picture of the stakeholders’ roles.

KEY MARKET SEGMENTS:

By Product Type

• Standard (Non-Rotating)

• Rotating

• Compact

• Specialized

  • Container Handlers

  • Rough-Terrain

By Lift Capacity

• Light-Duty (< 3 tons / 6,000 lbs)

• Medium-Duty (3 - 10 tons / 6,000 - 20,000 lbs)

• Heavy-Duty (> 10 tons / 20,000 lbs)

By Propulsion

• Diesel / ICE (Internal Combustion Engine)

• Electric (BEV) (Battery Electric Vehicle)

• Hybrid (ICE + Battery Assist)

• Alternative Fuels (CNG, LPG, Hydrogen)

By End-Use Industry

• Construction

• Agriculture

• Mining & Quarrying

• Warehousing & Logistics

• Ports & Terminals

• Industrial & Manufacturing

• Rental (Considered an end-user for fleet purchase)

• Other (Municipal, Landscaping, Utilities)

By Business Model

• New Equipment Sales

  • Direct Purchase (Owner-Operators)

  • Fleet Purchase (Rental Companies)

• Used Equipment Sales

• Rental/Leasing (Pay-per-use or operational leasing)

By Distribution Channel

• OEM Direct Sales

• Authorized Dealer Network

• Independent Rental Companies

• Online Marketplaces & Brokers

By Geography

• North America

  • United States

  • Canada

  • Mexico

• Europe

  • Germany

  • France

  • Italy

  • Spain

  • United Kingdom

  • Russia

  • Sweden

  • Norway

  • Denmark

  • Netherlands

  • Finland

  • Rest of Europe

• Asia-Pacific

  • Australia

  • China

  • India

  • Japan

  • South Korea

  • Indonesia

  • Singapore

  • Taiwan

  • Thailand

  • Rest of Asia-Pacific

• Rest of the World

  • Latin America

  • Middle East

  • Africa

Key Players

• J C Bamford Excavators Ltd. (JCB)

• Caterpillar Inc.

• Liebherr-International AG

• Manitou Group

• JLG Industries, Inc.

• Terex Corporation (Genie Brand)

• Merlo S.p.A.

• Bobcat Company (Doosan Bobcat Inc.)

• Sany Heavy Industry Co., Ltd.

• Xuzhou Construction Machinery Group (XCMG)

• Dieci S.r.l.

• Haulotte Group

• CLAAS KGaA MbH

• CNH Industrial N.V.

• Deere & Company

REPORT SCOPE AND SEGMENTATION: