Precision Business Insights has published a report on the global telehandler market, estimating its value at USD 7.6 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 7.1% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/telehandler-market       

The telehandler market refers to the industry surrounding telehandlers, which are versatile lifting machines also known as telescopic handlers. These machines are designed for lifting and moving heavy materials like industrial pipes, crates, and construction materials. They are widely used in sectors such as construction, agriculture, mining, and heavy industries due to their flexibility, high load capacity, and ability to operate on both on-road and off-road terrains

Telehandler Market Drivers:

• Growing infrastructure development activity
• Rising use of telehandlers in multiple industry verticals

The global telehandler market segmentation:
1) By Height: Less Than 50 ft and 50 ft & more
2) By Product Type: Rotating Telehandler and Non-rotating Telehandler
3) By End User: Construction, Mining, Agriculture  and Others

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Regional Overview:

The report also examines the current concerns and their Future Effects on the X market by the region. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

• North America (U.S., Canada)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
• Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
• Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like JLG, JCB, Caterpillar, Doosan Infracore, CNH, Manitou, Terex, Merlo, Claas, Dieci, Wacker Neuson, Liebherr

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