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Global Telescopic Handlers Market to Grow at a CAGR of 5% During 2021-2026, Aided by Technological Advancements

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Global Telescopic Handlers Market: By Type: Compact, Large; By Technology: Electric, Combustion, Hybrid; By Lift Height; By Lift Capacity; By End Use: Construction, Forestry, Agriculture, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Telescopic Handlers Market Outlook

The global telescopic handlers market reached a value of about USD 5.7 billion in 2020. The industry is further expected to grow at a CAGR of about 5% in the forecast period of 2021-2026 to reach a value of around USD 8 billion by 2026.

 

Global Telescopic Handlers Market

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The Asia Pacific to Significantly Boost the Industry Growth

The Asia Pacific accounts for a significant share in the industry owing to the growing investments in infrastructure development in emerging nations like China and India. Moreover, the increasing demand for compact and robust telescopic handlers in growing economies across the region has significantly contributed to the industry growth. Meanwhile, North America is predicted to witness a considerable growth over the forecast period owing to the growing demand for electric and hybrid telescopic handlers and the growing investments in R&D activities by the manufacturers. The growing construction industry and the high infrastructure spending by the governments across the region have paved the way for the regional industry growth.

 

Telescopic Handlers: Industry Definition and Segmentation

Telescopic handlers are aerial platform equipment vehicles built to use ubiquitously in agriculture, warehousing operations, dockyards, and industries. It is also referred to as telehandler, teleporter, reach forklift, or boom lift. The equipment is basically used to carry goods or personnel and possesses the ability to move goods from one place to another. It is mostly used for applications such as grain buckets, dirt buckets, power booms, and rotators. Moreover, these vehicles are used with different types of attachments, such as platforms and grippers.

 

Global Telescopic Handlers Market By Technology

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Based on type, the market is bifurcated into:

  • Compact
  • Large

Based on technology, the industry can be segmented into:

  • Electric
  • Combustion
  • Hybrid

By lift height, it is categorised as:

  • Less than 5 Metres
  • 5-15 Metres
  • More Than 15 Metres

Based on lift capacity, the market is divided into:

  • Less Than 3 Tons
  • 3-10 Tons
  • More Than 10 Tons

By end use, the market comprises of:

  • Construction
  • Forestry
  • Agriculture
  • Oil and Gas
  • Manufacturing
  • Transport and Logistics
  • Power Utilities
  • Others

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Telescopic Handlers Market By Region

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Growing Technological Advancements to Bolster the Growth of the Telescopic Handlers Industry

The industry is being driven by the rapid technological advancements, such as the innovation of electric or lithium-ion powered telescopic handlers, and the product’s widespread applications in various industries, particularly construction, transport, and agriculture. The proliferating investments by the key industry players in R&D activities, such as the upgradation of telescopic handlers, have also propelled the market growth. However, the availability of alternate and more flexible equipment, such as loader cranes, and high initial investments associated with telescopic handlers may hamper the industry growth.

Over the forecast period, the increasing demand for technologically advanced systems in construction machinery due their high rate of productivity is slated to fuel the market growth.

 

Key Industry Players in the Global Telescopic Handlers Market

The report gives a detailed analysis of the following key players in the global telescopic handlers market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • JCB Manufacturing Inc
  • Bobcat Company
  • Manitou Group
  • Liebherr-International Deutschland GmbH
  • Caterpillar Inc.
  • Deere & Company
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model along with giving a SWOT analysis.

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Telescopic Handlers Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Telescopic Handlers Historical Market (2016-2020) 
    8.3    Global Telescopic Handlers Market Forecast (2021-2026)
    8.4    Global Telescopic Handlers Market by Type
        8.4.1    Compact
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2016-2020)
            8.4.1.3    Forecast Trend (2021-2026)
        8.4.2    Large
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2016-2020)
            8.4.2.3    Forecast Trend (2021-2026)
    8.5    Global Telescopic Handlers Market by Technology
        8.5.1    Electric
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2016-2020)
            8.5.1.3    Forecast Trend (2021-2026)
        8.5.2    Combustion
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2016-2020)
            8.5.2.3    Forecast Trend (2021-2026)
        8.5.3    Hybrid
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2016-2020)
            8.5.3.3    Forecast Trend (2021-2026)
    8.6    Global Telescopic Handlers Market by Lift Height
        8.6.1    Less than 5 Metres
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2016-2020)
            8.6.1.3    Forecast Trend (2021-2026)
        8.6.2    5-15 Metres
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2016-2020)
            8.6.2.3    Forecast Trend (2021-2026)
        8.6.3    More Than 15 Metres
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2016-2020)
            8.6.3.3    Forecast Trend (2021-2026)
    8.7    Global Telescopic Handlers Market by Lift Capacity
        8.7.1    Less Than 3 Tons
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2016-2020)
            8.7.1.3    Forecast Trend (2021-2026)
        8.7.2    3-10 Tons
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2016-2020)
            8.7.2.3    Forecast Trend (2021-2026)
        8.7.3    More Than 10 Tons
            8.7.3.1    Market Share
            8.7.3.2    Historical Trend (2016-2020)
            8.7.3.3    Forecast Trend (2021-2026)
    8.8    Global Telescopic Handlers Market by End Use
        8.8.1    Construction
            8.8.1.1    Market Share
            8.8.1.2    Historical Trend (2016-2020)
            8.8.1.3    Forecast Trend (2021-2026)
        8.8.2    Forestry
            8.8.2.1    Market Share
            8.8.2.2    Historical Trend (2016-2020)
            8.8.2.3    Forecast Trend (2021-2026)
        8.8.3    Agriculture
            8.8.3.1    Market Share
            8.8.3.2    Historical Trend (2016-2020)
            8.8.3.3    Forecast Trend (2021-2026)
        8.8.4    Oil and Gas
            8.8.4.1    Market Share
            8.8.4.2    Historical Trend (2016-2020)
            8.8.4.3    Forecast Trend (2021-2026)
        8.8.5    Manufacturing
            8.8.5.1    Market Share
            8.8.5.2    Historical Trend (2016-2020)
            8.8.5.3    Forecast Trend (2021-2026)
        8.8.6    Transport and Logistics
            8.8.6.1    Market Share
            8.8.6.2    Historical Trend (2016-2020)
            8.8.6.3    Forecast Trend (2021-2026)
        8.8.7    Power Utilities
            8.8.7.1    Market Share
            8.8.7.2    Historical Trend (2016-2020)
            8.8.7.3    Forecast Trend (2021-2026)
        8.8.8    Others
    8.9    Global Telescopic Handlers Market by Region
        8.9.1    Market Share
            8.9.1.1    North America
            8.9.1.2    Europe
            8.9.1.3    Asia Pacific
            8.9.1.4    Latin America
            8.9.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2016-2020)
        9.1.2    Forecast Trend (2021-2026)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2016-2020)
        9.2.2    Forecast Trend (2021-2026)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2016-2020)
        9.3.2    Forecast Trend (2021-2026)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2016-2020)
        9.4.2    Forecast Trend (2021-2026)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2016-2020)
        9.5.2    Forecast Trend (2021-2026)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyer’s Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    EMR’s Key Indicators for Demand
    10.4    EMR’s Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape
    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    JCB Manufacturing Inc
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    Bobcat Company
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    Manitou Group
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Liebherr-International Deutschland GmbH
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Caterpillar Inc.
            12.2.5.1    Company Overview
            12.2.5.2    Product Portfolio
            12.2.5.3    Demographic Reach and Achievements
            12.2.5.4    Certifications
        12.2.6    Deere & Company
            12.2.6.1    Company Overview
            12.2.6.2    Product Portfolio
            12.2.6.3    Demographic Reach and Achievements
            12.2.6.4    Certifications
        12.2.7    Others
13    Industry Events and Developments


List of Figures and Tables

1.    Global Telescopic Handlers Market: Key Industry Highlights, 2016 and 2026
2.    Global Telescopic Handlers Historical Market: Breakup by Type (USD Billion), 2016-2020
3.    Global Telescopic Handlers Market Forecast: Breakup by Type (USD Billion), 2021-2026
4.    Global Telescopic Handlers Historical Market: Breakup by Technology (USD Billion), 2016-2020
5.    Global Telescopic Handlers Market Forecast: Breakup by Technology (USD Billion), 2021-2026
6.    Global Telescopic Handlers Historical Market: Breakup by Lift Height (USD Billion), 2016-2020
7.    Global Telescopic Handlers Market Forecast: Breakup by Lift Height (USD Billion), 2021-2026
8.    Global Telescopic Handlers Historical Market: Breakup by Lift Capacity (USD Billion), 2016-2020
9.    Global Telescopic Handlers Market Forecast: Breakup by Lift Capacity (USD Billion), 2021-2026
10.    Global Telescopic Handlers Historical Market: Breakup by End Use (USD Billion), 2016-2020
11.    Global Telescopic Handlers Market Forecast: Breakup by End Use (USD Billion), 2021-2026
12.    Global Telescopic Handlers Historical Market: Breakup by Region (USD Billion), 2016-2020
13.    Global Telescopic Handlers Market Forecast: Breakup by Region (USD Billion), 2021-2026
14.    North America Telescopic Handlers Historical Market: Breakup by Country (USD Billion), 2016-2020
15.    North America Telescopic Handlers Market Forecast: Breakup by Country (USD Billion), 2021-2026
16.    Europe Telescopic Handlers Historical Market: Breakup by Country (USD Billion), 2016-2020
17.    Europe Telescopic Handlers Market Forecast: Breakup by Country (USD Billion), 2021-2026
18.    Asia Pacific Telescopic Handlers Historical Market: Breakup by Country (USD Billion), 2016-2020
19.    Asia Pacific Telescopic Handlers Market Forecast: Breakup by Country (USD Billion), 2021-2026
20.    Latin America Telescopic Handlers Historical Market: Breakup by Country (USD Billion), 2016-2020
21.    Latin America Telescopic Handlers Market Forecast: Breakup by Country (USD Billion), 2021-2026
22.    Middle East and Africa Telescopic Handlers Historical Market: Breakup by Country (USD Billion), 2016-2020
23.    Middle East and Africa Telescopic Handlers Market Forecast: Breakup by Country (USD Billion), 2021-2026
24.    Global Telescopic Handlers Market Structure

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