Market Forecast By Product Type (Compact Telehandler, High reach Telehandler, Heavy lift Telehandler), By Applications/End Users (Construction, Agriculture, Industry, Mines and Quarries, Others) and competitive landscape
Product Code: ETC002600 | Publication Date: May 2020 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
India Telehandler Market is expected to register slow growth as telehandlers are at a very nascent stage as awareness across sectors is still very limited. On the upside, demand for telehandlers has been increasing steadily, especially from the infrastructure construction and mining segments over the coming years. The only hurdles in the telehandlers’ market growth are lack of awareness of the telehandler’s multifarious uses and customers still preferring the conventional and cheaper pick-and-carry cranes.
According to 6Wresearch, the India Telehandler Market size is anticipated to register slow growth during 2020-2026F. The market size of telehandlers in India was around 350 to 400 in 2019, which is very low when compared with the world’s advanced markets. While rental opportunities for telehandlers in a mature market are immense, the Indian rental market is small and the rates are quite high as there is a limited number of telehandlers available. The telehandlers market would witness a decline during the year 2020 on account of the global economic slowdown caused due to COVID-19. However, the market is expected to recover post-2020.
By Product Type, Compact Telehandlers acquired the highest market share as they are operator-friendly with single joystick control for all types of operations. Their most distinguishable feature is the quick and easy recalibration of the Load Moment Indicator, which can be done by simply raising and lowering the boom for a few minutes. Additionally, the stabilizers included in the standard configuration ensure an excellent horizontal outreach. The rear axle locking system enables greater lateral stability for a very high load rating performance for the upper section
The India Telehandler market report thoroughly covers the market by product type, applications, and regions. The India Telehandler market outlook report provides an unbiased and detailed analysis of the on-going India Telehandler market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
India Telehandler Market is projected to witness substantial growth backed by the rising infrastructural development in the country especially in the real estate and power & distribution industry underpinned by the increased efforts of the Indian government for the betterment of the country landscape and improvise the economical foreground. Increased government investment in multiple projects such as the Bharatmala project along with the increased government focus on the development of rural areas by constructing roads and providing complete access to clean water, better internet connectivity by rising telecom tower installation to help the rural population fulfill their basic necessity and opt for a better livelihood, has simultaneously led to an increase in the deployment for construction equipment during construction activity and is estimated to leave a positive impact over India telehandlers market growth in the upcoming six years.
Key Highlights of the Report:
Markets Covered
The India Telehandler Market report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of The Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. India Telehandler Market Overview |
3.1. India Telehandler Market Revenues, 2016-2026F |
3.2. India Telehandler Market Revenue Share, By Product Types, 2019 & 2026F |
3.3. India Telehandler Market Revenue Share, By Applications, 2019 & 2026F |
3.5. India Telehandler Market Revenue Share, By Regions, 2019 & 2026F |
3.6. India Telehandler Market - Industrial Life Cycle, 2019 |
3.7. India Telehandler Market - Porter’s Five Forces, 2019 |
4. India Telehandler Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. India Telehandler Market Trends |
6. India Telehandler Market Overview, By Product Type |
6.1. India Compact Market Revenues, 2016-2026F |
6.2. India High reach Market Revenues, 2016-2026F |
6.3. India Heavy lift Market Revenues,2016-2026F |
7. India Telehandler Market Overview, By Applications |
7.1. India Telehandler Market Revenues, By Construction, 2016-2026F |
7.2. India Telehandler Market Revenues, By Manufacturing, 2016-2026F |
7.3. India Telehandler Market Revenues, By Warehousing, 2016-2026F |
7.4. India Telehandler Market Revenues, By Minning and Quarries, 2016-2026F |
7.5. India Telehandler Market Revenues, By Others, 2016-2026F |
8. India Telehandler Market - Key Performance Indicators |
9. India Telehandler Market Overview, By Regions |
10. India Telehandler Market Opportunity Assessment |
10.1. India Telehandler Market Opportunity Assessment, By Product Types, 2026F |
10.2. India Telehandler Market Opportunity Assessment, By Applications, 2026F |
10.4. India Telehandler Market Opportunity Assessment, By Regions, 2026F |
11. India Telehandler Market Competitive Landscape |
11.1. India Telehandler Market Competitive Benchmarking, By Operating & Technical Parameters |
11.2. India Telehandler Market Revenue Share, By Companies, 2019 |
12. Company Profiles |
13. Key Strategic Recommendations |
14. Disclaimer |