PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1351289
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1351289
Asia-Pacific Telehandlers Market, By Height ; By End User ; By Country, Competitive Landscape & Forecast, 2019-2029
Asia-Pacific Telehandlers market Size Set to Cross USD 1.1 Billion by 2029.
Asia-Pacific telehandlers market is flourishing due to an increasing number of construction and infrastructure projects, expanding agricultural activities, rising demand for material handling equipment, and growing awareness of the benefits of telehandlers in various industries.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Asia-Pacific telehandlers market size at USD 843.6 million in 2022. During the forecast period between 2023 and 2029, BlueWeave expects the Asia-Pacific telehandlers market size to grow at a CAGR of 5.24% reaching a value of USD 1,146 million by 2029. The growing demand for telehandlers across various industries, such as construction, agriculture, and manufacturing, driven by the need for effective material handling solutions, is a major growth driver for the Asia-Pacific telehandlers market. Also, technological advancements have resulted in the incorporation of smart features, which improve efficiency and safety. Due to rising environmental concerns and severe requirements, hybrid and electric telehandlers are gaining popularity. Further, market participants are working on producing compact and versatile models to cater to a wide range of applications. The telehandler rental industry is also growing, demonstrating a demand for cost-effective and adaptable equipment solutions.
Asia-Pacific Telehandlers Market - Overview:
Telehandlers, also known as telescopic handlers, are versatile material-handling machines commonly used in construction, agriculture, and industrial settings. Combining the features of a forklift and a crane, they feature a telescopic boom that extends forward and upward, providing increased reach and lift capacity. With various attachments, they can lift, carry, and place loads at different heights and distances. Telehandlers offer excellent maneuverability, making them ideal for tight spaces and uneven terrain. Their adaptability and efficiency in handling diverse tasks have made them indispensable in the construction industry, as well as in agricultural operations and other applications requiring heavy lifting and material placement.
Impact of COVID-19 on Asia-Pacific Telehandlers Market
The Asia-Pacific telehandlers market faced significant disruptions due to the COVID-19 pandemic. Lockdown measures and supply chain disruptions led to project delays and hindered new equipment purchases. With construction and industrial activities slowing down, demand for telehandlers declined, impacting manufacturers and rental businesses. Remote working further affected decision-making processes, leading to uncertainties in the market. However, the industry showed resilience, as post-pandemic recovery efforts in the construction sector and infrastructure projects are expected to drive market growth. Adapting to evolving customer needs and digital innovations became crucial for telehandler companies during this challenging period.
Asia-Pacific Telehandlers Market - By End User:
By end user, Asia-Pacific telehandlers market is divided into Construction, Mining, and Agriculture segments. These segments represent the primary applications for telehandlers in the region. While all three segments contribute to the market's growth, construction is likely to be the largest segment, given the region's rapid urbanization and infrastructure development. Telehandlers play a crucial role in construction projects, enabling versatile material handling and increased efficiency on construction sites. Thus, the construction segment holds a dominant position in the Asia-Pacific telehandlers Market, driving its expansion and technological advancements.
Competitive Landscape:
Asia-Pacific telehandlers market is fiercely competitive. Major companies in the market include Caterpillar Inc., Volvo Construction Equipment Corp, CNH Industrial N.V., J.C. Bamford Excavators Limited, Skyjack, Haulotte Group Sa, Manitou, Doosan Infracore Co. Ltd, Xcmg Construction Machinery Co., Ltd, Wacker Neuson SE, JLG Industries, Terex Corporation, and Komatsu Ltd. These companies use various strategies, including increasing investments in their R&D activities, mergers and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in Asia-Pacific telehandlers market.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Asia-Pacific Telehandlers Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Asia-Pacific Telehandlers Market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. Asia-Pacific Telehandlers Market Insights
- 3.1. Industry Value Chain Analysis
- 3.1.1. DROC Analysis
- 3.1.2. Growth Drivers
- 3.1.1.1. Growing use in agriculture sector
- 3.1.1.2. Increasing investment in the infrastructure industry
- 3.1.3. Restraints
- 3.1.3.1. Rise in prices of raw materials
- 3.1.4. Opportunities
- 3.1.4.1. Rise in adoption of green logistics solutions
- 3.1.5. Challenges
- 3.1.5.1. Rising trend of adoption of forklift
- 3.2. Technological Advancements/Recent Developments
- 3.3. Regulatory Framework
- 3.4. Porter's Five Forces Analysis
- 3.4.1. Bargaining Power of Suppliers
- 3.4.2. Bargaining Power of Buyers
- 3.4.3. Threat of New Entrants
- 3.4.4. Threat of Substitutes
- 3.4.5. Intensity of Rivalry
4. Asia-Pacific Telehandlers Market Overview
- 4.1. Market Size & Forecast, 2019-2029
- 4.1.1. By Value (USD Million)
- 4.2. Market Share & Forecast
- 4.2.1. By Height
- 4.2.1.1. Less than 50 ft
- 4.2.1.2. 50 ft & more
- 4.2.2. By End User
- 4.2.2.1. Construction
- 4.2.2.2. Mining
- 4.2.2.3. Agriculture
- 4.2.2.4. Others
- 4.2.3. By Country
- 4.2.3.1. China
- 4.2.3.2. India
- 4.2.3.3. Japan
- 4.2.3.4. South Korea
- 4.2.3.5. Indonesia
- 4.2.3.6. Vietnam
- 4.2.3.7. Malaysia
- 4.2.3.8. Rest of Asia Pacific
- 4.2.1. By Height
5. China Telehandlers Market
- 5.1. Market Size & Forecast, 2019-2029
- 5.1.1. By Value (USD Million)
- 5.2. Market Share & Forecast
- 5.2.1. By Height
- 5.2.2. By End User
6. India Telehandlers Market
- 6.1. Market Size & Forecast, 2019-2029
- 6.1.1. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.2.1. By Height
- 6.2.2. By End User
7. Japan Telehandlers Market
- 7.1. Market Size & Forecast, 2019-2029
- 7.1.1. By Value (USD Million)
- 7.2. Market Share & Forecast
- 7.2.1. By Height
- 7.2.2. By End User
8. South Korea Telehandlers Market
- 8.1. Market Size & Forecast, 2019-2029
- 8.1.1. By Value (USD Million)
- 8.2. Market Share & Forecast
- 8.2.1. By Height
- 8.2.2. By End User
9. Indonesia Telehandlers Market
- 9.1. Market Size & Forecast, 2019-2029
- 9.1.1. By Value (USD Million)
- 9.2. Market Share & Forecast
- 9.2.1. By Height
- 9.2.2. By End User
10. Vietnam Telehandlers Market
- 10.1. Market Size & Forecast, 2019-2029
- 10.1.1. By Value (USD Million)
- 10.2. Market Share & Forecast
- 10.2.1. By Height
- 10.2.2. By End User
11. Malaysia Telehandlers Market
- 11.1. Market Size & Forecast, 2019-2029
- 11.1.1. By Value (USD Million)
- 11.2. Market Share & Forecast
- 11.2.1. By Height
- 11.2.2. By End User
12. Rest of Asia-Pacific Telehandlers Market
- 12.1. Market Size & Forecast, 2019-2029
- 12.1.1. By Value (USD Million)
- 12.2. Market Share & Forecast
- 12.2.1. By Height
- 12.2.2. By End User
13. Competitive Landscape
- 13.1. List of Key Players and Their Offerings
- 13.2. Asia-Pacific Telehandlers Company Market Share Analysis, 2022
- 13.3. Competitive Benchmarking, By Operating Parameters
- 13.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
14. Impact of Covid-19 on Asia-Pacific Telehandlers Market
15. Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- 15.1. Caterpillar Inc.
- 15.2. Volvo Construction Equipment Corp
- 15.3. CNH Industrial N.V.
- 15.4. J.C. Bamford Excavators Limited
- 15.5. Skyjack, Haulotte Group Sa
- 15.6. Manitou
- 15.7. Doosan Infracore Co. Ltd
- 15.8. Xcmg Construction Machinery Co., Ltd
- 15.9. Wacker Neuson SE, JLG Industries
- 15.10. Terex Corporation
- 15.11. Komatsu Ltd
- 15.12. Other Prominent Players
16. Key Strategic Recommendations
17. Research Methodology
- 17.1. Qualitative Research
- 17.1.1. Primary & Secondary Research
- 17.2. Quantitative Research
- 17.3. Market Breakdown & Data Triangulation
- 17.3.1. Secondary Research
- 17.3.2. Primary Research
- 17.4. Breakdown of Primary Research Respondents, By Region
- 17.5. Assumptions & Limitations
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
- Figure 1: Asia-Pacific Telehandlers Systems Segmentation
- Figure 2: Asia-Pacific Telehandlers Systems Market Value Chain Analysis
- Figure 3: Company Market Share Analysis, 2022
- Figure 4: Asia-Pacific Telehandlers Systems Market Size, By Value (USD Million), 2019-2029
- Figure 5: Asia-Pacific Telehandlers Systems Market Share, By Height, By Value, 2019-2029
- Figure 6: Asia-Pacific Telehandlers Systems Market Share, By End User, By Value, 2019-2029
- Figure 7: Asia-Pacific Telehandlers Systems Market Share, By Country, By Value, 2019-2029
- Figure 8: China Telehandlers Systems Market Size, By Value (USD Million), 2019-2029
- Figure 9: China Telehandlers Systems Market Share, By Height, By Value, 2019-2029
- Figure 10: China Telehandlers Systems Market Share, By End User, By Value, 2019-2029
- Figure 11: India Telehandlers Systems Market Size, By Value (USD Million), 2019-2029
- Figure 12: India Telehandlers Systems Market Share, By Height, By Value, 2019-2029
- Figure 13: India Telehandlers Systems Market Share, By End User, By Value, 2019-2029
- Figure 14: Japan Telehandlers Systems Market Size, By Value (USD Million), 2019-2029
- Figure 15: Japan Telehandlers Systems Market Share, By Height, By Value, 2019-2029
- Figure 16: Japan Telehandlers Systems Market Share, By End User, By Value, 2019-2029
- Figure 17: South Korea Telehandlers Systems Market Size, By Value (USD Million), 2019-2029
- Figure 18: South Korea Telehandlers Systems Market Share, By Height, By Value, 2019-2029
- Figure 19: South Korea Telehandlers Systems Market Share, By End User, By Value, 2019-2029
- Figure 20: Australia & New Zealand Telehandlers Systems Market Size, By Value (USD Million), 2019-2029
- Figure 21: Australia & New Zealand Telehandlers Systems Market Share, By Height, By Value, 2019-2029
- Figure 22: Australia & New Zealand Telehandlers Systems Market Share, By End User, By Value, 2019-2029
- Figure 23: Indonesia Telehandlers Systems Market Size, By Value (USD Million), 2019-2029
- Figure 24: Indonesia Telehandlers Systems Market Share, By Height, By Value, 2019-2029
- Figure 25: Indonesia Telehandlers Systems Market Share, By End User, By Value, 2019-2029
- Figure 26: Malaysia Telehandlers Systems Market Size, By Value (USD Million), 2019-2029
- Figure 27: Malaysia Telehandlers Systems Market Share, By Height, By Value, 2019-2029
- Figure 28: Malaysia Telehandlers Systems Market Share, By End User, By Value, 2019-2029
- Figure 29: Singapore Telehandlers Systems Market Size, By Value (USD Million), 2019-2029
- Figure 30: Singapore Telehandlers Systems Market Share, By Height, By Value, 2019-2029
- Figure 31: Singapore Telehandlers Systems Market Share, By End User, By Value, 2019-2029
- Figure 32: Vietnam Telehandlers Systems Market Size, By Value (USD Million), 2019-2029
- Figure 33: Vietnam Telehandlers Systems Market Share, By Height, By Value, 2019-2029
- Figure 34: Vietnam Telehandlers Systems Market Share, By End User, By Value, 2019-2029
- Figure 35: Rest of APAC Telehandlers Systems Market Size, By Value (USD Million), 2019-2029
- Figure 36: Rest of APAC Telehandlers Systems Market Share, By Height, By Value, 2019-2029
- Figure 37: Rest of APAC Telehandlers Systems Market Share, By End User, By Value, 2019-2029
List of Tables
- Table 1: Asia-Pacific Telehandlers Systems Market Size, By Value (USD Million), 2019-2029
- Table 2: Asia-Pacific Telehandlers Systems Market Size, By Height, By Value, 2019-2029
- Table 3: Asia-Pacific Telehandlers Systems Market Size, By End User, By Value, 2019-2029
- Table 4: Asia-Pacific Telehandlers Systems Market Size, By Country, By Value, 2019-2029
- Table 5: China Telehandlers Systems Market Size, By Value (USD Million), 2019-2029
- Table 6: China Telehandlers Systems Market Size, By Height, By Value, 2019-2029
- Table 7: China Telehandlers Systems Market Size, By End User, By Value, 2019-2029
- Table 8: India Telehandlers Systems Market Size, By Value (USD Million), 2019-2029
- Table 9: India Telehandlers Systems Market Size, By Height, By Value, 2019-2029
- Table 10: India Telehandlers Systems Market Size, By End User, By Value, 2019-2029
- Table 11: Japan Telehandlers Systems Market Size, By Value (USD Million), 2019-2029
- Table 12: Japan Telehandlers Systems Market Size, By Height, By Value, 2019-2029
- Table 13: Japan Telehandlers Systems Market Size, By End User, By Value, 2019-2029
- Table 14: South Korea Telehandlers Systems Market Size, By Value (USD Million), 2019-2029
- Table 15: South Korea Telehandlers Systems Market Size, By Height, By Value, 2019-2029
- Table 16: South Korea Telehandlers Systems Market Size, By End User, By Value, 2019-2029
- Table 17: Australia & New Zealand Telehandlers Systems Market Size, By Value (USD Million), 2019-2029
- Table 18: Australia & New Zealand Telehandlers Systems Market Size, By Height, By Value, 2019-2029
- Table 19: Australia & New Zealand Telehandlers Systems Market Size, By End User, By Value, 2019-2029
- Table 20: Indonesia Telehandlers Systems Market Size, By Value (USD Million), 2019-2029
- Table 21: Indonesia Telehandlers Systems Market Size, By Height, By Value, 2019-2029
- Table 22: Indonesia Telehandlers Systems Market Size, By End User, By Value, 2019-2029
- Table 23: Malaysia Telehandlers Systems Market Size, By Value (USD Million), 2019-2029
- Table 24: Malaysia Telehandlers Systems Market Size, By Height, By Value, 2019-2029
- Table 25: Malaysia Telehandlers Systems Market Size, By End User, By Value, 2019-2029
- Table 26: Singapore Telehandlers Systems Market Size, By Value (USD Million), 2019-2029
- Table 27: Singapore Telehandlers Systems Market Size, By Height, By Value, 2019-2029
- Table 28: Singapore Telehandlers Systems Market Size, By End User, By Value, 2019-2029
- Table 29: Vietnam Telehandlers Systems Market Size, By Value (USD Million), 2019-2029
- Table 30: Vietnam Telehandlers Systems Market Size, By Height, By Value, 2019-2029
- Table 31: Vietnam Telehandlers Systems Market Size, By End User, By Value, 2019-2029
- Table 32: Rest of APAC Telehandlers Systems Market Size, By Value (USD Million), 2019-2029
- Table 33: Rest of APAC Telehandlers Systems Market Size, By Height, By Value, 2019-2029
- Table 34: Rest of APAC Telehandlers Systems Market Size, By End User, By Value, 2019-2029
- Table 35: Caterpillar Inc. Company Overview
- Table 36: Caterpillar Inc. Financial Overview
- Table 37: Volvo Construction Equipment Corp Company Overview
- Table 38: Volvo Construction Equipment Corp Financial Overview
- Table 39: CNH Industrial N.V. Company Overview
- Table 40: CNH Industrial N.V. Financial Overview
- Table 41: J.C. Bamford Excavators Limited Company Overview
- Table 42: J.C. Bamford Excavators Limited Financial Overview
- Table 43: Skyjack, Haulotte Group Sa Company Overview
- Table 44: Skyjack, Haulotte Group Sa Financial Overview
- Table 45: Manitou Company Overview
- Table 46: Manitou Financial Overview
- Table 47: Doosan Infracore Co. Ltd Company Overview
- Table 48: Doosan Infracore Co. Ltd Financial Overview
- Table 49: Xcmg Construction Machinery Co., Ltd Company Overview
- Table 50: Xcmg Construction Machinery Co., Ltd Financial Overview
- Table 51: Wacker Neuson SE, JLG Industries Company Overview
- Table 52: Wacker Neuson SE, JLG Industries Financial Overview
- Table 53: Terex Corporation Company Overview
- Table 54: Terex Corporation Financial Overview
