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Telehandlers for Construction Market: Growing Adoption of Hybrid Telehandlers Spur the Market Growth

This report presents the worldwide Telehandlers for Construction market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.

 

Albany, NY -- (SBWIRE) -- 08/22/2018 -- This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

A telehandler, also called a telescopic handler, is a machine that is used to lift loads in agricultural, construction, environment, logistics, and mining and quarrying industries. Apart from lifting loads, this machine can be used for material handling, digging trenches, and elevating personnel and underground mine baskets.

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The stringent emission standards in major markets is one of the key growth factors for the telehandlers market for the construction industry. It has been observed, that theconstructionindustry accounts for the substantial increase in the emission of air pollutants such as greenhouse gases. To curb the level of pollutants in the air, the governments of various countries are taking stringent efforts such as the implementation of Tier 4 norms for heavy industries. These initiatives strictly enforce the companies to adopt and leverage the use of new advanced equipment. Moreover, the Tier 5 regulations imposed by the government mandate the vendors to install a separate diesel particulate filter (DPF) for the engines to curtail further emission.

The increasing adoption of hybrid telehandlers is expected to 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. Also, these machines can reduce the fuel consumption by almost 65% without compromising the performance. For instance, Merlo, an Italian company, manufactures hybrid telehandlers that run on lithium-ion batteries. The growing adoption of hybrid telehandlers as an alternative to the conventional telehandlers, will in turn, spur the growth of the market.

The Telehandlers for Construction market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% 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 Telehandlers for Construction.

The following manufacturers are covered in this report:
Genie (Terex)
J C Bamford Excavators
JLG Industries
MERLO
Caterpillar
Skyjack
HAULOTTE GROUP

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Telehandlers for Construction Breakdown Data by Type
Large Telehandlers
Compact Telehandlers
Telehandlers for Construction Breakdown Data by Application
Material Handling
Digging Trenches
Elevating Personnel
Others

Telehandlers for Construction Production by Region
United States
Europe
China
Japan
Other Regions
Other Regions

Telehandlers for Construction Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Telehandlers for Construction status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Telehandlers for Construction manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Telehandlers for Construction :
History Year: 2013 - 2017
Base Year: 2017
Estimated Year: 2018
Forecast Year: 2018 - 2025

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This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Telehandlers for Construction market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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