The telehandlers market is expected to grow at a CAGR of 6.20% during the forecast period, thereby growing from USD 2.256 billion in 2020 to USD 4.119 billion in 2030.
Telehandlers Market Highlights
Telehandlers are heavy-duty machines used in construction, agriculture, and other industries. They are primarily intended to lift, move, and position loads using various attachments such as forks, buckets, platforms, or winches. Telehandlers have a telescopic boom that can extend forward and upward, giving them greater reach and height capabilities than traditional forklifts.
The telehandlers market registers healthy growth as telehandlers are increasingly being accepted in construction, agriculture, mining and industrial segments due to their versatility for handling material. Telehandlers feature telescopic lifts and multiple attachments, increasing efficiency and minimizing the need for multiple machines to handle the material and improving job performance. This market’s growth is also driven by technological developments, compactness, rental availability, and adoption in both developed and emerging economies.
Telehandlers Market Overview
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
The telehandlers market is focused on the manufacture, distribution and use of telescopic handlers, which are used to lift, handle material, and place loads for many industries. Telehandlers are multipurpose machines equipped with an extendible boom, which allows operators to reach higher and further since they are capable of performing as a forklift and crane. They are extensively used in construction, agriculture, logistics, and in industrial operations where efficiency, reach and versatility are required.
Recent developments in the market are showing an increased emphasis on product innovation, operator safety and environmental sustainability. Manufacturers are enhancing the product lines by introducing performance-oriented telehandlers to meet emission standards, improve lifting capacity and reduce operational costs. Industry leaders, such as JLG Industries, Manitou and Bobcat, are providing advanced telematic systems, stability control systems, and automatic safety features for enhancing operating efficiency and minimizing downtime.
In emerging economies, the expansion of infrastructure and mechanization of agriculture has spurred the use of telehandlers in construction and farm operations, while in developed regions, the demand is for technologically advanced equipment with advanced control systems and interoperable connectivity.
Overall, the telehandlers market is progressing toward greater efficiency, automation, and environmental compliance. The machine’s ability to perform multiple tasks with different attachments continues to position it as an essential asset in both industrial and agricultural sectors, reinforcing its role in modern material handling and infrastructure development.
Telehandlers Market Drivers
Telehandlers Market Restraints
________________________________________________________________
Telehandlers Market Segmentation Analysis
By End-user: Agriculture
By end-user, the telehandlers market is segmented into construction, agriculture, mining, manufacturing, and others. The agricultural sector is becoming a fast-growing end-user sector in the telehandlers market due to increased mechanization of farming, demand for higher production and the ongoing trend of modern extensive agriculture. Hence, the growing transition towards a capital-intensive approach has impacted the demand for telehandlers, which, because of their extraordinary versatility, enables the operator to perform a wide range of material handling work, such as loading and stacking hay, transporting feed, handling silage, lifting pallets and maintaining equipment on various types of terrains.
In the European Union, the legal frameworks implemented by the Common Agricultural Policy (CAP) include considerable financial incentives and agricultural development grants to support the modernization of farms and equipment upgrades. Such policies include environmental sustainability, energy efficiency, and a reduced dependency on manual labor, thereby creating favorable conditions for the incorporation of tele-handlers into modern farms. Moreover, European manufacturers are required under the EU Machinery Directive 2006/42/EC and the Emission Regulation (EU) 2016/1628 Stage V, to comply with high standards of safety, performance and emission control in relation to agricultural off-road machinery. This has resulted in the production of a range of cleaner, safer, more efficient telehandler models specially designed to operate in farming environments.
The bulk of the estimated total output value of the EU's agricultural industry stemmed from France (€89.4 billion), Germany (€75.5 billion), Italy (€75.4 billion) and Spain (€67.5 billion). A clear majority of the estimated total output value (57.8%) of the EU's agricultural industry came from the four areas.
________________________________________________________________
Telehandlers Market Geographical Outlook
By Geography: North America (US)
Rapid industrialization and ongoing investments to enhance overall industrial capacity have impacted the demand for heavy machinery in the United States. Likewise, the modernization of machinery, followed by a growing transition towards new concepts for load handling, has established a new framework for industrial machinery equipped with precise operative capabilities.
Major sectors such as construction are experiencing an expansion of operations, supported by investments. For instance, according to the US Census Bureau, in July 2025, the total construction spending at a seasonally adjusted rate was USD 2,139.110 billion, of which private construction constituted USD 1,623.269 billion. Likewise, the same source also stated that total public construction spending in the same month witnessed 1.5% growth over March spending and 3.35% over preceding year’s spending for the month.
Additionally, the US government is emphasising improvements in mining industry output, leading to new programs and initiatives. For instance, according to the September 2025 press release, the U.S. Department of Energy’s Office of Fossil Energy (FE), the department under the “Mine of the Future” initiative, announced two programs that will transform the country’s mining practices. The Office of Fossil Energy will provide funding of USD 80 million, which will bolster the development and commercialization of modern machinery concepts in mining operations.
Besides construction and mining, other major sectors, such as agriculture and manufacturing are also witnessing a positive growth in the commercialization of modern concepts that reduce the overall material handling cost. According to the U.S. Bureau of Labor Statistics, in Q1 2025, the projected number of manufacturing establishments was 401,408, an increase of 2,029 compared to Q4 2024. Hence, telehandlers, with their high material handling capability, are highly applicable in these sectors, and with growing US industrial output, the demand for such machinery is expected to rise, driving the overall market expansion.
________________________________________________________________
Telehandlers Market Development
________________________________________________________________
Telehandlers Market Segmentation