(MENAFNEditorial) Telehandler Market is poised to grow approximately at 2.6% CAGR and is estimated to touch market volume of 6,684 units by the end of 2020 | Telehandler Market Telehandler Marketis poised to grow at 2.6% CAGR and is estimated to touch the market volume of 6,684 units by the end of forecast period.
Market Highlight
The Telehandler can be used for material handling, digging trenches, personnel elevation, and underground mine basket. Apart from lifting loads, they have wide applications, due to which they are used among various industry verticals. The telehandler makes significant contribution to the construction process by enabling materials to be unloaded from delivery vehicles, transported around construction sites and be placed at heights. The market is also driven by the use of telehandler for industrial and infrastructural purposes. However, the growth of this market is expected to be restrained by the lack of trained operators.
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Market Research Analysis
Based on application, the market is segmented as Construction, Agriculture, Mining and Others. In which, construction segment leads the telehandler market with a CAGR of 2.6% during the forecast period. Agriculture segment is the second-largest application and is projected to grow at 2.8% CAGR during the forecast period. Telehandlers for mining application are designed for high performance when lifting and placing loads on mining sites.
Based on countries, Germany has accounted for the highest market share of 28.36%. It is expected to reach 1,925 units by the end of 2020. While, France accounted for 1474 units in 2016 and is projected to grow at 2.8% CAGR during the forecast period. Factors such as favourable government regulations for affordable housing loans are driving the market.
Key Players
Manitou (U.K.)
J C Bamford Excavators Ltd. (U.K)
Merlo S.p.A (Italy)
Bobcat Corporate (U.S.). Regional Analysis
Germany is expected to grow at 2.9% CAGR, due to growing usage of telehandler across various industry verticals in the region such as construction, mining and others. The telehandler market of china accounted for 815 units in 2016. It is projected to grow at 2.5% CAGR during the forecast period.
Target Audience
Manufactures
Raw Materials Suppliers
Aftermarket suppliers
Research Institute / Education Institute
Potential Investors
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Taste the market data and market information presented through more than 20 market data tables and 15 figures spread in 49 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on 'Telehandler Market Information from 2016 to 2020″
Table of Content
1 Executive Summary
2 Research Methodology
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter's Five Forces Analysis
4 Telehandler Market, By Capacity
4.1 Introduction
4.2 Less than 3 ton
4.3 3.1 to 4 tons
4.4 4.1 to 5 tons
5 Telehandler Market, By Application
5.1 Introduction
5.2 Construction
5.3 Agriculture
5.4 Mining
6 Regional Market Analysis
6.1 Introduction
6.2 China
6.3 Germany
7 Competitive Analysis
7.1 Introduction
7.2 Competitive Scenario
7.3 Manitou (U.K.)
7.4 J C Bamford Excavators Ltd. (U.K)
7.5 Merlo S.p.A (Italy)
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