A telehandler, also known as a telescopic handler, is a lifting machine widely used in the Agriculture and industry. A hybrid of crane and forklift, it has a single telescopic boom which can extend forwards and upwards from the vehicle. Telehandlers have several attachments, like 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. The growth of customer segments and rising demand for fuel-efficient vehicles is bringing a radical change to the Global Telehandler market.
TechNavio’s analysts forecast the Global Telehandler market will grow at a CAGR of 7.84 percent over the period 2013-2018.
The Global Telehandler market can be categorized into seven segments; namely Construction, Agriculture, Industry, Mines and Quarries, Environment, Logistics, and Other markets.