The   Global   Telehandler Market Size  is experiencing significant growth, expected to reach   USD 13.15 Billion by 2029   with a   CAGR of 7.7% . Demand for telehandlers is increasing due to their versatile use in construction, agriculture, and material handling. The market is driven by advancements in automation and telematics, particularly in regions like Europe, North America, and Asia-Pacific.

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Higher demand   is especially seen in   Asia-Pacific , driven by the booming construction sectors in countries like   China   and   India .

Growth Opportunities in Vietnam

Vietnam’s construction sector is boosting telehandler demand, supported by urbanization and infrastructure projects.

Trend Updates in South Korea

South Korea is seeing strong demand for telehandlers with increasing mechanization in agriculture and construction industries.

Market Consolidation in the US

Recent mergers in the US telehandler market are focusing on expanding production capabilities and enhancing technological features.

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Market Segmentation: In-Depth Analysis:

by Product Type

Large
Compact

by Propulsion Type

ICE
Electric

by Lift Capacity

Less than 3 Ton
3 - 10 Ton
More than 10 Ton

by End-User

Construction
Agriculture
Manufacturing
Others

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Market Key Players : In-Depth Analysis:

1. 1. Caterpillar
2. J C Bamford Excavators Ltd.
3. Bobcat Company
4. Manitou Group
5. Liebherr-International Deutschland GmbH
6. Merlo S.p.A.
7. Gehl Company
8. Terex Corporation
9. JLG Industries
10. Haulotte Group

Note:

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