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

  • Published : Jan 2024
  • Report Code : KSI061616555
  • Pages : 145

The telehandler market is projected to show steady growth during the forecast period.

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. Increasing agriculture farms and mines are major driving forces bolstering the telehandler market growth.

Market Drivers

  • Growing agriculture farms 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. Additionally, in February 2021, Genie introduced the GTH-1056 telehandler, designed to reduce the total cost of ownership by 10% while providing 20% more lift capacity at max height in a 30% stronger design and allowing for real-time monitoring.

Asia Pacific is expected to grow significantly.

Asia Pacific is projected to account for a significant share of the telehandlers market fuelled by the increasing mining and agriculture infrastructure in the major countries in the region. For instance, in November 2022, the Ministry of Coal launched 141 Coal Mines’ auction, and domestic coal production increased by 14.77% in 2022-23, to 893.19 MT from 778.21 MT in 2021-2022. Additionally, according to the Department of Agriculture & Farmer's Welfare, in December 2022, there were 42,164 approved agricultural storage infrastructure projects (Godowns) with a storage capacity of 74.04 million MT. Moreover, according to the US Department of Agriculture data, there are approximately 200 million farms in China, with an average cropland area of 1.6 acres per farm.

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.

Market Development

  • 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.

Company Products

  • 530-70 Telehandler- JCB offered the 530-70 Telehandler, a versatile and compact Telehandler designed to move any material quickly and safely. It enables bottom-line differentiation across industries and applications, such as RMC, Crusher, Cotton, and Ceramic. This new Telehandler has a maximum reach of 7 meters and can heap, stack, load, unload, lift, pick, and place material. It features a load capacity of 7,510 kg and fuel efficiency, which reduces recurring costs
  • G5-18A JLG Telehandler- JLG Industries offers the G5-18A Telehandler, which includes a comfortable cab to reduce operator fatigue and a tight turning radius for maneuvering through crowded job sites. It features a fuel-efficient tier 4 final deutz engine, with a maximum load capacity of 2494.76 kg and a maximum reach of 3.33m.
  • TH255C- Caterpillar's TH255C is a precision-engineered Telehandler designed to handle any task while providing stability, maneuverability, speed, and power in any application and designed to allow access to narrow spaces and navigate space-constrained environments. It features a TD 2.9L L4 engine, a maximum load capacity of 5500lb, and a maximum lift height of up to 8.37ft.
  • TL619 Telehandler- The Bobcat TL619 telehandler is ideal for agricultural, construction, landscaping, snow removal, and rental applications that require a higher lift height, reach, and load capacity. It allows to reach, stack, backfill, and push with unprecedented precision and performance in the 6,000-pound size class and is powered by a 74-hp Bobcat turbocharged engine that provides powerful, high-torque performance, and high efficiency.


  • 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
  • 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


1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline


2.1. Research Data

2.2. Research Process


3.1. Research Highlights


4.1. Market Drivers

4.2. Market Restraints

4.3. Market Opportunities

4.4. Porter’s Five Force Analysis

4.4.1. Bargaining Power of Suppliers

4.4.2. Bargaining Power of Buyers

4.4.3. Threat of New Entrants

4.4.4. Threat of Substitutes

4.4.5. Competitive Rivalry in the Industry

4.5. Industry Value Chain Analysis

4.6. Forward Proxy

4.7. Air-Based


5.1. Introduction

5.2. Standard Fixed Boom Telehandler

5.3. Rotating Handler

5.4. Heavy Lift Telehandler


6.1. Introduction

6.2. Upto 1,000 Kg

6.3. 1,000 Kg to 3,000 Kg

6.4. Above 3,000Kg


7.1. Introduction

7.2. Construction

7.3. Agriculture

7.4. Mining

7.5. Industrial

7.6. Others


8.1. Introduction

8.2. North America

8.2.1. USA

8.2.2. Canada

8.2.3. Mexico

8.3. South America

8.3.1.  Brazil

8.3.2. Argentina

8.3.3. Others

8.4. Europe

8.4.1. Germany

8.4.2. UK

8.4.3. France

8.4.4. Spain

8.4.5. Others

8.5. Middle East and Africa

8.5.1. Saudi Arabia

8.5.2. UAE

8.5.3. Others

8.6. Asia Pacific

8.6.1. China

8.6.2. Japan

8.6.3. South Korea

8.6.4. India

8.6.5. Indonesia

8.6.6. Others


9.1. Major Players and Strategy Analysis

9.2. Market Share Analysis

9.3. Mergers, Acquisitions, Agreements, and Collaborations


10.1. Manitou Group

10.2. JCB

10.3. JLG Industries (Oshkosh Corporation)

10.4. Caterpillar Inc.

10.5. Bobcat Company

10.6. Skyjack Inc. (Linamar)

10.7. DIECI S.r.l

10.8. MERLO S.p.A

10.9. Magni Telescopic Handlers Srl

10.10. Faresin Industries Spa

Manitou Group


JLG Industries (Oshkosh Corporation)

Caterpillar Inc.

Bobcat Company

Skyjack Inc. (Linamar)



Magni Telescopic Handlers Srl

Faresin Industries Spa