The market is broadly categorized into three major segments based on the application type such as residential
sector, infrastructure sector, and non-residential sector. The non-residential sector is considered as one of the
fastest growing segment in the with substantial revenue generation in the last few years. Growing popularity of
telehandler in the telehandler segment is attributed to the higher market penetration.
The market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America
has shown major growth in recent years owing to the rise in the implementation of latest technologies in
manufacturing sector, increase in the number of research & development activities in the region and existence
of well-established industrial infrastructure.
Asia-Pacific region is predicted to hold major market share in the telehandler market with massive growth in
forecast period. Countries such as India, China, Japan and Singapore are leading the Asia-Pacific market with
strong economic growth, increasing number of infrastructural activities, favorable government policies and
significant investment by leading industry players considering potential growth opportunities in the region.
The key players in the telehandler market are Terex Co., J C Bamford Excavators Ltd., JLG Industries, Inc.,
Manitou Bf, Ltd., MERLO S.p.A., HAULOTTE GROUP AG, Doosan Infracore Construction Equipment America Co.,
Bobcat Co., Komatsu Ltd., and AB Volvo.
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