×
Request Free Sample ×

Kindly complete the form below to receive a free sample of this Report

* Please use a valid business email

Leading companies partner with us for data-driven Insights

clients tt-cursor
Hero Background

US Telehandler Market

ID: MRFR/PCM/18945-HCR
100 Pages
Garvit Vyas
October 2025

US Telehandler Market Research Report By Capacity (Less than 3 Tons, 3.1 to 4 Tons, 4.1 to 5 Tons) and By Application (Construction, Agriculture, Mining) – Forecast to 2035

Share:
Download PDF ×

We do not share your information with anyone. However, we may send you emails based on your report interest from time to time. You may contact us at any time to opt-out.

US Telehandler Market Infographic
Purchase Options

US Telehandler Market Summary

As per MRFR analysis, the US telehandler market Size was estimated at 1206.69 USD Million in 2024. The US telehandler market is projected to grow from 1254.12 USD Million in 2025 to 1844.33 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 3.93% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The US telehandler market is experiencing robust growth driven by technological advancements and increased construction activities.

  • Technological advancements are enhancing the efficiency and capabilities of telehandlers, making them more appealing to users.
  • Sustainability initiatives are influencing manufacturers to develop eco-friendly telehandler models, aligning with industry trends.
  • The construction segment remains the largest market, while the rental services segment is emerging as the fastest-growing area in telehandler usage.
  • Rising construction activities and labor shortages in the sector are key drivers propelling the demand for telehandlers.

Market Size & Forecast

2024 Market Size 1206.69 (USD Million)
2035 Market Size 1844.33 (USD Million)
CAGR (2025 - 2035) 3.93%

Major Players

JCB (GB), Caterpillar (US), Manitou (FR), Bobcat (US), Liebherr (DE), Doosan (KR), Merlo (IT), Genie (US), Skyjack (CA)

US Telehandler Market Trends

The telehandler market is currently experiencing a dynamic phase characterized by evolving demands and technological advancements. As industries such as construction and agriculture continue to expand, the need for versatile lifting equipment has become increasingly pronounced. Telehandlers, known for their ability to perform multiple tasks, are gaining traction due to their efficiency and adaptability. This trend is further fueled by the growing emphasis on safety and productivity, prompting manufacturers to innovate and enhance their offerings. Additionally, the integration of smart technologies into telehandlers is reshaping operational capabilities, allowing for improved monitoring and control. Moreover, sustainability considerations are influencing purchasing decisions within the telehandler market. Companies are increasingly seeking equipment that not only meets performance standards but also aligns with environmental goals. This shift is likely to drive the development of more energy-efficient models and alternative fuel options. As the market evolves, stakeholders must remain attuned to these trends to capitalize on emerging opportunities and address the challenges posed by changing regulations and customer expectations. The future landscape of the telehandler market appears promising, with potential for growth driven by innovation and a focus on sustainability.

Technological Advancements

The telehandler market is witnessing a surge in technological innovations. Manufacturers are increasingly incorporating advanced features such as telematics, automation, and enhanced safety systems. These developments not only improve operational efficiency but also enhance user experience, making telehandlers more appealing to a broader range of industries.

Sustainability Initiatives

Sustainability is becoming a central theme within the telehandler market. Companies are prioritizing eco-friendly practices, leading to a demand for energy-efficient models and alternative fuel options. This trend reflects a growing awareness of environmental impact and aligns with regulatory pressures for greener operations.

Increased Demand in Construction

The construction sector is driving significant growth in the telehandler market. As infrastructure projects expand, the need for versatile lifting solutions is rising. Telehandlers are favored for their ability to handle various tasks, making them indispensable on construction sites.

US Telehandler Market Drivers

Growth in Rental Services

The telehandler market is witnessing a notable shift towards rental services, driven by the increasing preference for cost-effective solutions among construction firms. Many companies are opting to rent telehandlers rather than purchase them outright, allowing for greater flexibility and reduced capital expenditure. In 2025, it is estimated that the rental segment will account for approximately 40% of telehandler transactions in the US. This trend is particularly appealing to smaller contractors who may not have the financial resources to invest in new equipment. The growth of rental services is likely to stimulate demand for telehandlers, as rental companies expand their fleets to meet the needs of a diverse clientele.

Technological Integration

The integration of advanced technologies into telehandlers is shaping the telehandler market. Innovations such as telematics, automation, and improved safety features are becoming standard in new models. These technologies enhance operational efficiency and safety, appealing to construction firms that prioritize productivity and worker safety. For instance, telehandlers equipped with telematics can provide real-time data on machine performance, leading to better maintenance practices and reduced downtime. As of 2025, it is estimated that around 30% of telehandlers in the market will feature these advanced technologies, reflecting a shift towards smarter equipment. This trend not only boosts the appeal of telehandlers but also aligns with the industry's push for more efficient and safer construction practices.

Rising Construction Activities

The telehandler market is experiencing growth due to the increasing construction activities across the United States. With infrastructure projects gaining momentum, the demand for versatile equipment like telehandlers is on the rise. In 2025, the construction sector is projected to contribute approximately $1 trillion to the economy, indicating a robust environment for telehandler utilization. These machines are essential for lifting and moving materials on construction sites, enhancing productivity and efficiency. As construction companies seek to optimize their operations, the telehandler market is likely to benefit from this trend, with an expected growth rate of around 6% annually. This growth is driven by the need for equipment that can navigate tight spaces and perform multiple functions, making telehandlers indispensable in modern construction practices.

Labor Shortages in Construction

The telehandler market is being influenced by the ongoing labor shortages in the construction industry. As companies face challenges in finding skilled labor, they are increasingly turning to machinery to fill the gap. Telehandlers, known for their versatility and ease of use, allow fewer operators to accomplish more tasks, thereby mitigating the impact of labor shortages. In 2025, it is projected that the construction sector will see a 15% decrease in available skilled labor, prompting a shift towards mechanization. This trend is likely to drive demand for telehandlers, as they can perform various functions such as lifting, moving, and placing materials, making them a valuable asset in a labor-constrained environment.

Regulatory Compliance and Safety Standards

The telehandler market is also shaped by stringent regulatory compliance and safety standards in the construction industry. As safety regulations become more rigorous, construction companies are compelled to invest in equipment that meets these standards. Telehandlers, with their enhanced safety features, are increasingly favored for their ability to operate safely in various environments. In 2025, it is anticipated that compliance with safety regulations will drive a 20% increase in telehandler sales, as companies seek to avoid penalties and ensure worker safety. This trend underscores the importance of investing in equipment that not only meets regulatory requirements but also enhances operational safety on construction sites.

Key Players and Competitive Insights

The telehandler market exhibits a dynamic competitive landscape characterized by innovation and strategic partnerships. Key players such as Caterpillar (US), JCB (GB), and Genie (US) are actively shaping the market through their distinct operational focuses. Caterpillar (US) emphasizes technological advancements and sustainability, aiming to enhance efficiency in construction and agricultural applications. JCB (GB) is known for its commitment to innovation, particularly in electric telehandlers, which aligns with the growing demand for eco-friendly machinery. Genie (US), a subsidiary of Terex Corporation, focuses on expanding its product range and enhancing customer service, thereby solidifying its market presence. Collectively, these strategies foster a competitive environment that prioritizes technological innovation and sustainability.

In terms of business tactics, companies are increasingly localizing manufacturing to reduce lead times and optimize supply chains. The telehandler market appears moderately fragmented, with several key players holding substantial market shares. This fragmentation allows for diverse offerings and competitive pricing, yet the influence of major companies remains significant in shaping market trends and consumer preferences.

In October 2025, Caterpillar (US) announced the launch of its new line of electric telehandlers, which are designed to meet the rising demand for sustainable construction equipment. This strategic move not only positions Caterpillar (US) as a leader in eco-friendly technology but also responds to regulatory pressures for reduced emissions in the construction sector. The introduction of these electric models is likely to enhance Caterpillar's (US) competitive edge and appeal to environmentally conscious consumers.

In September 2025, JCB (GB) unveiled its latest telehandler model featuring advanced telematics capabilities. This innovation allows operators to monitor machine performance in real-time, thereby improving operational efficiency and reducing downtime. By integrating digital solutions into their products, JCB (GB) demonstrates a commitment to enhancing user experience and operational productivity, which could attract a broader customer base.

In August 2025, Genie (US) expanded its distribution network by partnering with several regional dealers across the Midwest. This strategic alliance aims to improve service delivery and accessibility for customers in that region. By enhancing its distribution capabilities, Genie (US) is likely to strengthen its market position and respond more effectively to customer needs, thereby fostering loyalty and repeat business.

As of November 2025, the telehandler market is increasingly defined by trends such as digitalization, sustainability, and the integration of artificial intelligence. Strategic alliances among key players are shaping the competitive landscape, facilitating knowledge sharing and resource optimization. Looking ahead, competitive differentiation is expected to evolve from traditional price-based competition to a focus on innovation, technology, and supply chain reliability. Companies that prioritize these aspects are likely to gain a competitive advantage in an ever-evolving market.

Key Companies in the US Telehandler Market market include

Future Outlook

US Telehandler Market Future Outlook

The telehandler market is projected to grow at 3.93% CAGR from 2024 to 2035, driven by increased construction activities, technological advancements, and demand for versatile equipment.

New opportunities lie in:

  • Development of telehandler rental services for construction firms
  • Integration of telematics for real-time fleet management
  • Expansion into agricultural sectors with specialized telehandler models

By 2035, the telehandler market is expected to achieve robust growth and increased market penetration.

Market Segmentation

US Telehandler Market Capacity Outlook

  • Less than 3 tons
  • 3.1 to 4 tons
  • 4.1 to 5 tons

US Telehandler Market Application Outlook

  • Construction
  • Agriculture
  • Mining

Report Scope

MARKET SIZE 2024 1206.69(USD Million)
MARKET SIZE 2025 1254.12(USD Million)
MARKET SIZE 2035 1844.33(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 3.93% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled JCB (GB), Caterpillar (US), Manitou (FR), Bobcat (US), Liebherr (DE), Doosan (KR), Merlo (IT), Genie (US), Skyjack (CA)
Segments Covered Capacity, Application
Key Market Opportunities Integration of advanced automation technologies enhances operational efficiency in the telehandler market.
Key Market Dynamics Technological advancements drive efficiency and safety improvements in telehandler operations across various industries.
Countries Covered US

Leave a Comment

Download Free Sample

Kindly complete the form below to receive a free sample of this Report

Compare Licence

×
Features License Type
Single User Multiuser License Enterprise User
Price $4,950 $5,950 $7,250
Maximum User Access Limit 1 User Upto 10 Users Unrestricted Access Throughout the Organization
Free Customization
Direct Access to Analyst
Deliverable Format
Platform Access
Discount on Next Purchase 10% 15% 15%
Printable Versions