Telehandler Market Projected to Reach 4380 Million US$ by 2025- QY Research, Inc.
The Telehandler market was valued at 4640 Million US$ in 2017 and is projected to reach 4380 Million US$ by 2025, at a CAGR of -0.8% during the forecast period
Los Angeles, CA -- (SBWire) -- 09/21/2018 --This study focuses on the production side and consumption side of Telehandler, presents the global Telehandler market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Telehandler capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Telehandler by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
A Telehandler, also known as a telescopic handler, telehandler handler, teleporter or rough terrain forklift, is a vehicle with a telescopically extensible boom, which can extend forwards and upwards from the vehicle, so it can be fitted with various lifting. A telehandler often is a hybrid of the crane and forklift in terms of abilities and size. Telehandlers have several attachments, such as winch, pallet forks, muck grab, or bucket, and can be used for material handling, digging trenches, personnel elevation, and underground mine baskets. These benefits have helped manufacturers develop vast product portfolios that are pleasing to their customers, safe, and add value. Telehandlers are widely used in construction, agriculture, industry, mines and quarries, environment, logistics, and other markets.
In the coming years there is an increasing volume demand for Telehandler in the regions of North America and Europe that is expected to drive the market for more advanced Telehandler. Increasing of construction fields expenditures, more-intense competition, launches in introducing new products, increasing of spending on agriculture telehandler industry, retrofitting and renovation of old technology, increasing adoption of Telehandler will drive growth in Asia markets.
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Globally, the Telehandler industry market is low concentrated as the manufacturing technology of Telehandler is relatively matures than some high-tech equipment. And some enterprises, like JLG, JCB, Caterpillar, Doosan Infracore etc. are well-known for the wonderful performance of their Telehandler and related services. At the same time, Europe, occupied 43.52% production market share in 2016, is remarkable in the global Telehandler industry because of their market share and technology status of Telehandler.
The consumption volume of Telehandler is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Telehandler industry may not keep that fast. But it is surely forecasted that the market of Telehandler is still promising.
The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.
Although the market competition of Telehandler is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of Telehandler and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.
The Telehandler market was valued at 4640 Million US$ in 2017 and is projected to reach 4380 Million US$ by 2025, at a CAGR of -0.8% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Telehandler.
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This report includes the following manufacturers; we can also add the other companies as you want.
JLG
JCB
Caterpillar
Doosan Infracore
CNH
Manitou
Terex
Merlo
Claas
Dieci
Wacker Neuson
Liebherr
Skjack
Haulotte
Market Segment by Product Type
Compact Telehandler
High Reach Telehandler
Heavy Lift Telehandler
Market Segment by Application
Construction
Agriculture
Industry
Mines and Quarries
Others
About QYResearch
QYResearch established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.
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QY Research, Inc.
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