Published by IMARC Services Private Limited
Posted on October 8, 2021
5 min readLast updated: January 30, 2026
The telehandler market is set to grow at a 6.1% CAGR from 2021 to 2026, driven by construction expansion and technological advancements.
According to the latest report by IMARC Group, titled” Telehandler Market Share “Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” The global telehandler market reached a value of US$ 5.87 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 6.1% during 2021-2026.
A telehandler, or telescopic handler, is a versatile piece of equipment used to lift heavy loads. It is equipped with telescopic booms, which are fitted with various attachments to allow telehandlers to perform a wide variety of functions. It can also move diagonally to pick up and transport loads that unidimensional forklifts cannot move. With its extendable boom, a telehandler can easily access odd angles and tight spaces. Italso has the ability to suspend loads with a chain and shift heavy loads to areas that are hard to reach. As a result, telehandlers are used across dockyards, warehousing operations, and recycling operations to load and unload goods and move packed goods around storage areas.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Telehandler Market Trends:
The global telehandler market is primarily driven by the collaboration between construction equipment manufacturers and rental agencies due to the expansion of the construction industry. Besides this, various technological advancements, such as the introduction of electric and lithium-ion powered telehandlers, are significantly bolstering the market growth. These variants also facilitatea shift toward green logistics, reducing the environmentaldamage by minimizing pollution caused during the operations. Furthermore, the growing use of telehandlers in the agricultural and infrastructure industry for landscaping and other gardening activities in various urban planning projects is positively influencing the market growth across the globe.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Global Telehandler Market 2021-2026 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
VOLVO(AB) (VLVLY), Caterpillar’s (NYSE:CAT), Doosan Infracore Co. Ltd., Haulotte Group (Solem SA), J.C. Bamford Excavators Limited, JLG Industries Inc. (Oshkosh Corporation), Komatsu Limited, Liebherr Maschinen Bulle AG, Manitou Group, Merlo S.p.A. Industria Metalmeccanica, Skyjack Inc. (Linamar Corporation), Terex Corporation and Wacker Neuson SE.
The report has segmented the market on the basis of region, product, type, ownership, height, capacity and application.
Breakup by Product:
Breakup by Type:
Breakup by Ownership:
Breakup by Height:
Breakup by Capacity:
Breakup by Application:
Breakup by Region:
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Key highlights of the report:
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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The article focuses on the growth, trends, and forecast of the global telehandler market from 2021 to 2026.
The market growth is driven by the expansion of the construction industry and technological advancements in telehandlers.
Key players include Volvo, Caterpillar, Komatsu, and others.
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