Telehandlers Market Size, Share, Opportunities, And Trends By Type (Standard Fixed Boom Telehandler, Rotating Handler, Heavy Lift Telehandler), By Capacity (Upto 1,000 Kg, 1,000 Kg to 3,000 Kg, Above 3,000Kg), By End-User (Construction, Agriculture, Mining, Industrial, Others), And By Geography - Forecasts From 2024 To 2029

Description

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

• Technological advancements integrate automation and telematics for enhanced operational efficiency.
• Sustainability focus drives adoption of electric models to reduce emissions in construction sites.
• Construction sector demand highlights versatility for material handling in infrastructure projects.
• Agricultural mechanization optimizes loading and stacking tasks for streamlined farm operations.

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

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

• Growing agriculture farms are propelling the telehandler market growth. Telehandlers play a crucial role in modern agriculture farms as these versatile machines offer enhanced reach and lifting capabilities. They are used for tasks such as loading and unloading materials, transporting large loads, and stacking bales or pallets of grain or feed. Their telescopic boom, combined with various attachments such as forks, buckets, and grabs, enables farmers to efficiently handle a variety of loads. The growing demand for organic food positively influences agriculture farms to produce more food to meet the growing needs, which contributed to the telehandler market expansion. For instance, according to the U.S. Department of Agriculture, in 2022, there were 1,994,421 agriculture farms, of which 67,936 were on a large scale. Additionally, large-scale family farms generated 52% of the total US production value.
• Increasing coal mines bolsters the telehandler market growth. Telehandlers with telescopic arms and lifting attachments are extremely useful in many areas of coal mining. It aids in coal loading and unloading, increasing productivity by moving bulk materials quickly and precisely between different areas of the mine. It also contributes to improving coal mine safety standards by reducing manual labor and lowering the risk of worker injuries during manual handling tasks. Coal is a reliable and affordable source of energy, particularly for electricity generation, which increased coal mining to meet energy demands and contributes to the telehandler market growth. For instance, according to the U.S. Department of Labor, in 2023, there were a total of 12,671 mines, of which 1,005 were coal mines.
• Technological advancement in telehandlers accelerated the telehandlers market growth. Telehandlers now have advanced lifting capacities, allowing them to carry heavier loads than before. They are equipped with telematics systems, allowing for real-time monitoring of the machine's performance, location, and maintenance requirements. This advancement has broadened their applications in numerous industries such as construction and agriculture. Due to these factors, the adoption of telehandlers has positively increased, which propelled the market growth.
• Expanding Construction and Infrastructure Development Activities A key factor driving the telehandlers market growth is the continuous growth of construction and infrastructure activities worldwide. As urbanization and industrialization advance, and as favorable government infrastructure spending increases, there is a strong demand for capable equipment that fulfils high-performance material handling equipment needs for a variety of work sites. Infrastructure renewal and modernization projects are supporting steady market growth in major regions, such as North America and Europe. In the United States, over a trillion dollars is invested to improve transportation, energy, and broadband infrastructure, driven by the Infrastructure Investment and Jobs Act (IIJA), boosting the need for telehandlers for bridge work, road expansion, and renewable energy installations. In Europe, programmes consistent with the European Green Deal are responsible for large-scale retrofitting of existing buildings and the development of sustainable urban infrastructure, where electric and hybrid telehandlers are increasingly employed to comply with rigorous emission regulations. In the post-pandemic recovery phase, construction activity has also gained momentum as governments roll out stimulus packages geared towards accelerating economic revival through infrastructure-related expenditures. The seasonally adjusted annual rate of public construction spending in the USA was $515.8 billion in July 2025, which was 0.3 percent (±1.6 percent) higher than the updated June 2025 estimate of $514.3 billion.

Telehandlers Market Restraints

• Handling complexity will restrain the telehandler market growth. Telehandlers are complex machines that require skilled operators and regular maintenance to handle them efficiently. Increased complexity can lead to higher training and maintenance costs, reducing profitability for end users. This may limit their adoption and hamper market growth.

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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.

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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.

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Telehandlers Market Development

• 2024: Kubota introduces a new Compact Telehandler to expand the Materials Handling range.
• April 2023- Bobcat introduced the new TL25.60 AGRI Super Compact telehandler, expanding the company's telehandler lineup for the agricultural market. The TL25.60 AGRI is powered by a D24 Stage V diesel engine that produces 56 kW (75 HP) and has a rated operating capacity of 2500 kg, a maximum lift height of 5.9 m, and a fully extended reach of 3.3m.
• November 2022- Manitou Group launched its latest NewAg XL telehandler model at the Eurotier International Animal Farming Fair. This new model, with a weight capacity of 5 tons and a working height of 7.6 meters, complements the existing range and caters to large farms and cooperatives.
• November 2022- JCB introduced their new compact JCB 514-40 Telehandler, the smallest machine in the range. It can fit through a 1.8m high doorway and performs brilliantly outdoors as well as indoors, similar to the larger telehandlers in the range.

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Telehandlers Market Segmentation

• By Type
  • Standard Fixed Boom Telehandler
  • Rotating Handler
  • Heavy Lift Telehandler
• By Lifting Capacity
  • Up to 1,000 Kg
  • 1,000 Kg to 3,000 Kg
  • Above 3,000Kg
• By Height
  • Up to 5 meters
  • 5 to 10 meters
  • Above 10 meters
• By End-User
  • Construction
  • Agriculture
  • Mining
  • Manufacturing
  • Others
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Others
  • Asia Pacific
    • China
    • Japan
    • South Korea
    • India
    • Indonesia
    • Others

Table Of Contents

1. Executive Summary

2. Market Snapshot

2.1. Market Overview

2.2. Market Definition

2.3. Scope of the Study

2.4. Market Segmentation

3. Business Landscape

3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities

3.4. Porter's Five Forces Analysis

3.5. Industry Value Chain Analysis

3.6. Policies and Regulations

3.7. Strategic Recommendations

4. Technological Outlook

5. Telehandlers Market By Type (2020-2030)

5.1. Introduction

5.2. Standard Fixed Boom Telehandler

5.3. Rotating Handler

5.4. Heavy Lift Telehandler

6. Telehandlers Market By Lifting Capacity (2020-2030)

6.1. Introduction

6.2. Upto 1,000 Kg

6.3. 1,000 Kg to 3,000 Kg

6.4. Above 3,000Kg

7. Telehandlers Market By Height (2020-2030)

7.1. Introduction

7.2. Up to 5 Meters

7.3. 5 to 10 Meters

7.4. Above 10 Meters.

8. Telehandlers Market By End User (2020-2030)

8.1. Introduction

8.2. Construction

8.3. Agriculture

8.4. Mining

8.5. Manufacturing

8.6. Others

9. Telehandlers Market By Geography (2020-2030)

9.1. Introduction

9.2. North America

9.2.1. United States

9.2.2. Canada

9.2.3. Mexico

9.3. South America

9.3.1. Brazil

9.3.2. Argentina

9.3.3. Others

9.4. Europe

9.4.1. Germany

9.4.2. France

9.4.3. United Kingdom

9.4.4. Spain

9.4.5. Others

9.5. Middle East and Africa

9.5.1. Saudi Arabia

9.5.2. UAE

9.5.3. Others

9.6. Asia Pacific

9.6.1. China

9.6.2. Japan

9.6.3. India

9.6.4. South Korea

9.6.5. Indonesia

9.6.6. Others

10. Competitive Environment and Analysis

10.1. Major Players and Strategy Analysis

10.2. Market Share Analysis

10.3. Mergers, Acquisitions, Agreements, and Collaborations

10.4. Competitive Dashboard

11. Company Profiles

11.1. J C Bamford Excavators Ltd

11.2. Caterpillar Inc.

11.3. Manitou Group

11.4. Terex Corporation

11.5. Liebherr Group

11.6. Bobcat Company

11.7. CNH Industrial N.V.

11.8. Wacker Neuson SE

11.9. Merlo S.p.A.

11.10. Dieci S.r.l.

11.11. JLG Industries, Inc.

11.12. Skyjack

11.13. Komatsu Ltd.

11.14. Kubota Corporation

12. Research Methodology

List of Figures

List of Tables

Companies Profiled

J C Bamford Excavators Ltd

Caterpillar Inc.

Manitou Group

Terex Corporation

Liebherr Group

Bobcat Company

CNH Industrial N.V.

Wacker Neuson SE

Merlo S.p.A.

Dieci S.r.l.

JLG Industries, Inc.

Skyjack

Komatsu Ltd.

Kubota Corporation

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