Description
A telehandler, also known as telescopic handler, is a machine used for lifting of loads in construction, agriculture, logistics, and other industries. The machine is also useful in material handling, digging trenches and undergrounds mine baskets. It is a hybrid of a crane and a forklift.
Telehandlers can be used to complete a wide array of complex tasks, they are now being viewed as versatile tool carriers that can be utilized in all types of construction and other activities. The increasing utilization of telehandlers in various end-user applications, such as commercial, agriculture, general construction, road and bridge, and oil and gas, will result in this market’s strong growth during the forecast period. The increasing adoption of hybrid telehandlers will be one of the major trends gaining traction in the telehandlers market for the construction industry in the coming years. The fluctuation in fuel prices is prompting manufacturers to look for alternatives such as hybrid telehandlers and electric telehandlers.
Infrastructure development has a direct impact on various sectors of the economy. The need for better infrastructure leads to high demand for telehandlers, as they can be useful in a wide range of construction activities. Massive spending on infrastructure construction projects, mining activities, and growth in industrial activity have made a positive impact on the Heavy Duty Telehandler market. The construction industries in emerging markets are forecast to continue to grow at a much faster rate than the advanced economies and it will drive Heavy Duty Telehandler Market.
Global Heavy Duty Telehandler has very broad market in coming recent years. MRFR analysts has predicted that Heavy Duty Telehandler Market are about to grow at a rapid pace, moreover, the speedy rising construction & mining activities has also been a growth momentum which means more demand for these industrial equipment and in turn for heavy duty Telehandler market. The global heavy duty telehandler market has been segmented based on capacity, application and region. On the basis of capacity, 5 to 10 ton accounted for the largest market share of 51.9% in 2015, and is projected to grow at the highest CAGR of 3.29% during the forecast period. Based on application, construction accounted for the largest market share of 47.80% in 2015, with a market value of USD 1,515.2 million and is projected to grow at the highest CAGR of 3.29% during the forecast period.
Key Players
Manitou Group (France), J C Bamford Excavators Ltd (U.K.), Caterpillar Inc. (U.S.), Terex Corporation (U.S.), Wacker Neuson Group (Germany), Linamar Corporation (Canada), Haulotte Group (France), Oshkosh Corporation (U.S.), DIECI S.R.L. (Italy), Eazi Group Ltd. (South Africa) and others.
Objective of Global Heavy Duty Telehandler Market Analysis & Forecast, from 2017 to 2023
• To provide detailed analysis of the market structure along with forecast for the next ten years of the various segments and sub-segments included in global heavy duty telehandler market with analysis of its development and demand in the market
• High growth geographies and countries were identified
• Regional and country specific demand and forecast for global Heavy Duty Telehandler were studied
• Key segments covered in the report are: capacity, application and region
• Unit breakdown for all different classification was finalized; and same was referred for forecasting, keeping few assumptions into factor
• For all the regions, forecast demand for all applications were identified and then with historical figure, data collected through primary and annual reports were triangulated to derive the regional market size
• Historical trend is identified to forecast and estimate the future value data
Target Audience
• Manufactures
• Raw materials suppliers
• Aftermarket suppliers
• Research institute & education institute
• Potential investors
• Key executive (CEO and COO) and strategy growth manager
Key Findings
• Global heavy duty telehandler market is expected to reach USD 3,874.4 million by 2023.
• By Capacity, 5 to 10 tons segment dominate the global Heavy Duty Telehandler market with share of 51.90% in 2015, in terms of value. It is expected to grow at 3.29% CAGR during the forecast period.
• By Application, Construction segment dominate the global heavy duty telehandler market with share of 47.80% in 2015, in terms of value. It is expected to grow at 3.29% CAGR during the forecast period.
• Geographically, Europe region has been projected to have the largest market share in global Heavy Duty Telehandler market followed by North America.
Regional and Country Analysis of global heavy duty telehandler market Estimation and Forecast
The construction industry is the largest user of telehandlers, therefore, the growth of this industry has a direct impact on the telehandlers market. Also, major economies in the region are planning to invest heavily in constructional activities, which in turn, will fuel the growth of the market. Moreover, the increasing focus towards constructional activities by the hospitality sector will also spur the growth of the market in this region.
The reports also cover country level analysis:
• North America
o US
o Canada
• Europe
o Germany
o UK
o France
o Spain
o Rest of the Europe
• Asia – Pacific
o China
o India
o Japan
o Rest of Asia-Pacific
• Rest of the World
1 Executive Summary
2 Introduction
2.1 Definition
2.2 Scope of the Study
2.3 Assumptions
2.4 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
4.1 Drivers
4.1.1 Growth in construction industry
4.1.2 Increased use in Agricultural sector
4.1.3 Innovation in design of Telehandler operation
4.2 Restraints
4.2.1 Higher cost of new emission standard engines
4.3 Opportunity
4.3.1 Scope in the Developing Nations
5 Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Threat of New Entrants
5.1.2 Bargaining Power of Suppliers
5.1.3 Bargaining Power of Buyers
5.1.4 Threat of Substitutes
5.1.5 Rivalry
5.2 Value Chain Analysis
6 Global Heavy Duty Telehandler Market, By Capacity
6.1 Overview
6.2 5 to 10 Ton
6.3 10.1 to 15 Ton
6.4 15 and above
7 Global Heavy Duty Telehandler Market, By Application
7.1 Overview
7.2 Construction
7.3 Glass
7.4 Agriculture
7.5 Mining
7.6 Others
8 Heavy Duty Telehandler Market, By Region
8.1 Introduction
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.4 Asia-Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of APAC
8.5 Rest of the World
8.5.1 Middle East & Africa
8.5.2 South America
9 Competitive Scenario
9.1 Competitive Landscape
9.1.1 Product Development – 2014-2016 (%)
9.1.2 Partnership & Collaboration
10 Company Profiles
10.1 Manitou Group
10.1.1 Company Overview
10.1.2 Financial Overview
10.1.3 Product/ Service Offering
10.1.4 Strategy
10.1.5 SWOT Analysis
10.2 J C Bamford Excavators Ltd.
10.2.1 Company Overview
10.2.2 Financial Overview
10.2.3 Product/ Service Offering
10.2.4 Strategy
10.2.5 SWOT Analysis
10.3 Terex
10.3.1 Company Overview
10.3.2 Financial Overview
10.3.3 Strategy
10.3.4 SWOT Analysis
10.4 Caterpillar Inc
10.4.1 Company Overview
10.4.2 Financial Overview
10.4.3 Product/Service Offering
10.4.4 Strategy
10.4.5 SWOT Analysis
10.5 Linamar Corporation
10.5.1 Company Overview
10.5.2 Financial Overview
10.5.3 Product/Service Offering
10.5.4 Strategy
10.5.5 SWOT Analysis
10.6 Eazi Group
10.6.1 Company Overview
10.6.2 Financial Overview
10.6.3 Product/Service Offerings
10.6.4 Strategy
10.7 Wacker Neuson Group
10.7.1 Company Overview
10.7.2 Financial Overview
10.7.3 Product/Service Offerings
10.7.4 Strategy
10.8 Haulotte Group
10.8.1 Company Overview
10.8.2 Financial Overview
10.8.3 Product/Service Offering
10.8.4 Strategy
10.9 DIECI S.R.L.
10.9.1 Company Overview
10.9.2 Financial Overview
10.9.3 Product/Service Offering
10.1 Oshkosh Corporation
10.10.1 Company Overview
10.10.2 Financial Overview
10.10.3 Product/Service Offering
10.10.4 Strategy
