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(Wireless-NewsWire.Com, September 29, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of Global Telehandler Consumption Market for 2018-2023.
A Telehandler, also known as a telescopic handler, telehandler handler, teleporter or rough terrain forklift, is a vehicle with a telescopically extensible boom, which can extend forwards and upwards from the vehicle, so it can be fitted with various lifting. A telehandler often is a hybrid of the crane and forklift in terms of abilities and size. Telehandlers have several attachments, such as winch, pallet forks, muck grab, or bucket, and can be used for material handling, digging trenches, personnel elevation, and underground mine baskets. These benefits have helped manufacturers develop vast product portfolios that are pleasing to their customers, safe, and add value. Telehandlers are widely used in construction, agriculture, industry, mines and quarries, environment, logistics, and other markets.
In the coming years there is an increasing volume demand for Telehandler in the regions of North America and Europe that is expected to drive the market for more advanced Telehandler. Increasing of construction fields expenditures, more-intense competition, launches in introducing new products, increasing of spending on agriculture telehandler industry, retrofitting and renovation of old technology, increasing adoption of Telehandler will drive growth in Asia markets.
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The consumption volume of Telehandler is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Telehandler industry may not keep that fast. But it is surely forecasted that the market of Telehandler is still promising.
The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.
Although the market competition of Telehandler is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of Telehandler and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.
Over the next five years, expert projects that Telehandler will register a -0.8% CAGR in terms of revenue, reach US$ 4450 million by 2023, from US$ 4640 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Telehandler market by product type, application, key manufacturers and key regions.
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To calculate the market size, expert considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Compact Telehandler
High Reach Telehandler
Heavy Lift Telehandler
Segmentation by application:
Construction
Agriculture
Industry
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
JLG
JCB
Caterpillar
Doosan Infracore
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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Table of Content:
2018-2023 Global Telehandler Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Telehandler Consumption 2013-2023
2.1.2 Telehandler Consumption CAGR by Region
2.2 Telehandler Segment by Type
2.2.1 Compact Telehandler
2.2.2 High Reach Telehandler
2.2.3 Heavy Lift Telehandler
2.3 Telehandler Consumption by Type
3 Global Telehandler by Players
3.1 Global Telehandler Sales Market Share by Players
3.1.1 Global Telehandler Sales by Players (2016-2018)
3.1.2 Global Telehandler Sales Market Share by Players (2016-2018)
3.2 Global Telehandler Revenue Market Share by Players
3.2.1 Global Telehandler Revenue by Players (2016-2018)
3.2.2 Global Telehandler Revenue Market Share by Players (2016-2018)
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Qurate Business Intelligence
Nehal Chinoy
+919881074592
nehal@qurateresearch.com
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