Heavy Duty Telehandler Market to Reflect Steady Growth Rate by 2023

(EstateNewsWire.com, June 20, 2018 ) Woodridge, USA Jun 2018(News) - A Heavy Duty Telehandler Market, also known as telescopic handler, is a machine used for lifting of loads in construction, agriculture, logistics, and other industries. The machine is also useful in material handling, digging trenches and undergrounds mine baskets. It is a hybrid of a crane and a forklift. Telehandlers can be used to complete a wide array of complex tasks, they are now being viewed as versatile tool carriers that can be utilized in all types of construction and other activities.

Get Free Sample Report: https://www.prominentmarketresearch.com/sample-report/183

The increasing utilization of telehandlers in various end-user applications, such as commercial, agriculture, general construction, road and bridge, and oil and gas, will result in this market’s strong growth during the forecast period. The increasing adoption of hybrid telehandlers will be one of the major trends gaining traction in the telehandlers market for the construction industry in the coming years. The fluctuation in fuel prices is prompting manufacturers to look for alternatives such as hybrid telehandlers and electric telehandlers.

Key Players:

• Manitou Group (France)

• J C Bamford Excavators Ltd (U.K.)

• Caterpillar Inc. (U.S.)

• Terex Corporation (U.S.)

• Wacker Neuson Group (Germany)

• Linamar Corporation (Canada)

• Haulotte Group (France)

• Oshkosh Corporation (U.S.)

• DIECI S.R.L. (Italy)

• Eazi Group Ltd. (South Africa) and others.

Ask For Report Discount: https://www.prominentmarketresearch.com/discount-report/183

Objective of Global Heavy Duty Telehandler Market Analysis & Forecast, from 2017 to 2023:

• To provide detailed analysis of the market structure along with forecast for the next ten years of the various segments and sub-segments included in global heavy duty telehandler market with analysis of its development and demand in the market

• High growth geographies and countries were identified

• Regional and country specific demand and forecast for global Heavy Duty Telehandler were studied

• Key segments covered in the report are: capacity, application and region

• Unit breakdown for all different classification was finalized; and same was referred for forecasting, keeping few assumptions into factor

• For all the regions, forecast demand for all applications were identified and then with historical figure, data collected through primary and annual reports were triangulated to derive the regional market size

• Historical trend is identified to forecast and estimate the future value data

Target Audience:

• Manufactures

• Raw materials suppliers

• Aftermarket suppliers

• Research institute & education institute

• Potential investors

• Key executive (CEO and COO) and strategy growth manager

Buy Report: https://www.prominentmarketresearch.com/checkout/183

Key Findings

• Global heavy duty telehandler market is expected to reach USD 3,874.4 million by 2023.

• By Capacity, 5 to 10 tons segment dominate the global Heavy Duty Telehandler market with share of 51.90% in 2015, in terms of value. It is expected to grow at 3.29% CAGR during the forecast period.

• By Application, Construction segment dominate the global heavy duty telehandler market with share of 47.80% in 2015, in terms of value. It is expected to grow at 3.29% CAGR during the forecast period.

• Geographically, Europe region has been projected to have the largest market share in global Heavy Duty Telehandler market followed by North America.

About Prominent Market Research:

At Prominent Market Research, we are committed to provide the best possible service and recommendations to all our customers. You will be able to speak to seasoned analyst who will understand your research needs accurately. We make it our business to look after yours, with an efficient and friendly team always available to help you.

Contact Us:

Tel - +1-815-957-4373

Email- sales@prominentmarketresearch.com

Prominent Market Research

Robin

+1-815-957-4373

sales@prominentmarketresearch.com

Source: EmailWire.Com