Introduction
The global heavy-duty telehandler market is expected to surpass USD 3,495.36 million by 2027 with a significant CAGR rate of 5.9% during 2021-2027. In the last few years, the popularity of telehandlers or telescopic handlers has grown exceptionally owing to significant growth in the construction industry.
Heavy-Duty Telehandler Machines Market: An Overview
A heavy-duty telehandler machine is a versatile and powerful piece of equipment used primarily in the construction, agriculture, and industrial sectors. These machines are designed to lift and transport heavy loads with precision and efficiency. With their telescopic boom, they offer exceptional reach and height capabilities, making them ideal for various tasks such as material handling, loading/unloading, and aerial work.
Evolution of Heavy-Duty Telehandler Machines
Over the years, heavy-duty telehandler machines have undergone significant advancements. The evolution of technology has led to the development of more robust and efficient machines. Modern telehandlers come equipped with advanced features like 360-degree rotation, enhanced safety systems, and improved maneuverability. These advancements have revolutionized the way industries handle heavy loads, improving productivity and safety on job sites.
Key Features and Components
Heavy-duty telehandler machines are packed with features that enhance their performance and versatility. Let's take a closer look at some of the key components and features you can find in these machines:
Telescopic Boom: The telescopic boom is the defining feature of a telehandler. It allows for increased reach and lifting height, enabling operators to access hard-to-reach areas.
Load Capacity: Heavy-duty telehandlers boast impressive load capacities, ranging from several thousand pounds to over 20,000 pounds. This versatility makes them suitable for a wide range of applications.
Stabilizers: Stabilizers provide stability to the machine during lifting operations. They ensure the safe and secure handling of heavy loads, even on uneven terrain.
Attachments: Telehandlers can be equipped with a variety of attachments, including Pallet Racking Market, buckets, lifting hooks, and work platforms. These attachments enhance the machine's capabilities and enable it to perform different tasks.
Engine Power: Heavy-duty telehandlers are equipped with powerful engines that provide the necessary horsepower to lift heavy loads and operate efficiently.
Operator Cab: The operator cab is designed for comfort and visibility, providing the operator with a safe and ergonomic environment to control the machine.
Applications of Heavy-Duty Telehandler Machines
Heavy-duty telehandler machines find applications across various industries, thanks to their versatility and lifting capabilities. Let's explore some of the key sectors where these machines play a crucial role:
Construction Industry
In the construction industry, heavy-duty telehandlers are used for a wide range of tasks. They are instrumental in material handling, lifting construction materials to different levels, and transporting heavy loads across the job site. Whether it's lifting steel beams, concrete blocks, or roofing materials, telehandlers are indispensable machines on construction sites.
Agriculture and Farming
Telehandlers have become essential equipment in the agricultural sector. They are commonly used for handling hay bales, loading/unloading equipment, and assisting with general farm maintenance. The telescopic boom and lifting capacity of telehandlers enable farmers to efficiently handle heavy loads and reach heights that traditional farm equipment cannot.
Key Players
- Oshkosh Corporation (US)
- Caterpillar Inc. (US)
- Manitou Group (France)
- J C Bamford Excavators Ltd. (UK)
- Terex (US)
Global Heavy Duty Telehandler Market Research Report Covers Historical Market Trends, Current Market Dynamics, Market Valuation by Segmentation as Well as Region, Country-level Analysis for Every Segment, Key Player's Market Share Analysis, Competitive Landscape and Supply Chain Analysis.Global Heavyduty Telehandler Market OverviewTelehandlers or telescopic handlers are machines that can lift more than 5 tons of weight, facilitating lifting to a height of 50 ft. or more, as it is equipped with a telescopic boom.
Telescopic handlers are used to lift loads in construction, logistics, agriculture, and other industries.
They can also be used in material handling, digging trenches and underground mine baskets.According to the report published by Market Research Future, the global heavy-duty telehandler market is estimated to garner substantial CAGR during the forecast period.
The heavy-duty telehandler market is expected to drive exponential growth because of widespread application in sectors such as agriculture and construction.
Factors such as equipment utilization, cash inflows from businesses, dollar & time utilization, and higher prices are boosting to the telehandler market growth.The global heavy-duty telehandler market is estimated to witness an increase in demand from the construction equipment manufacturing industry.
Such demand can be attributable to the telehandlers' abilities to help with complex tasks, high load bearing capacity, and 360-degree movement capability.
Market ScopeThe global market for Heavy-Duty Telehandler Market 2020 is presumed to achieve a growth rate of 4.5% between 2014 and 2022 (review period), confirms Market Research Future (MRFR).Growth Boosters and Main ChallengesHeavy duty Telehandler Market Size are in high demand as they are used to perform a vast array of complicated tasks.
The rising use of heavy duty telehandlers in several applications like oil and gas, agriculture, commercial, road and bridge and general construction is touted to be a prime growth inducer in the global market.A popular trend in the market at present is the rising deployment of hybrid telehandlers in the construction industry.
Given the surging instability in fuel prices, more and more manufacturers are now compelled to explore new alternatives including electric telehandlers and hybrid telehandlers.
The growing need for improved infrastructure has boosted the demand for heavy duty telehandlers, especially in developing regions like Asia Pacific and the Middle East.Colossal funds being spent on construction projects, industrial activities and mining activities have had a significant impact on the market for heavy duty telehandlers.
This can only mean better growth prospects for heavy duty telehandler market in the upcoming period.Market SegmentationThe heavy duty telehandler market segmentation comprises capacity as well as application.The capacity-dependent market segments are 10.1 to 15 ton, 15.1 and above as well as 5 to 10 ton.
Additionally, 5 to 10 ton capacity holding telehandlers are ideal for managing bulky and heavy loads on uneven and rough terrain.Various applications of heavy duty telehandlers are mining, agriculture, construction, and others.
