Technavio has been monitoring the telehandlers market for construction industry and it is poised to grow by USD 478.74 mn during 2020-2024, progressing at a CAGR of almost 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Caterpillar Inc., CNH Industrial NV, Deere & Co., Doosan Bobcat Inc., J C Bamford Excavators Ltd., Komatsu Ltd., Liebherr-International Deutschland GmbH, Manitou Group, Oshkosh Corp., and Terex Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Increasing use of modular design has been instrumental in driving the growth of the market.
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Telehandlers Market for Construction Industry 2020-2024: Segmentation
Telehandlers Market for Construction Industry is segmented as below:
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Telehandlers Market for Construction Industry 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The telehandlers market for construction industry report covers the following areas:
This study identifies focus on improving productivity of off-site manufacturing as one of the prime reasons driving the telehandlers market growth in construction industry during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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Telehandlers Market for Construction Industry 2020-2024: Key Highlights
Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Customer Landscape
Geographic Landscape
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
Vendor Analysis
Appendix
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