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US Telehandlers Market

ID: MRFR/PCM/15928-HCR
100 Pages
Snehal Singh
October 2025

US Telehandlers Market Research Report: By Product (Large Telehandlers, Compact Telehandlers), By Technology (Hybrid Telehandlers, Electric Telehandlers) and By Application (Residential, Commercial, Infrastructural) - Forecast to 2035

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US Telehandlers Market Summary

As per MRFR analysis, the US telehandlers market Size was estimated at 746.32 USD Million in 2024. The US telehandlers market is projected to grow from 769.16 USD Million in 2025 to 1040.0 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 3.06% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The US telehandlers market is experiencing robust growth driven by technological advancements and increasing demand in construction.

  • Technological advancements are enhancing the efficiency and capabilities of telehandlers, making them more appealing to various sectors.
  • Sustainability initiatives are prompting manufacturers to develop eco-friendly telehandlers, aligning with industry trends towards greener practices.
  • Infrastructure development is a key factor driving the demand for telehandlers, particularly in urban areas where construction activities are on the rise.
  • The rising demand in the construction sector and technological innovations in equipment are major drivers propelling market growth.

Market Size & Forecast

2024 Market Size 746.32 (USD Million)
2035 Market Size 1040.0 (USD Million)

Major Players

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

US Telehandlers Market Trends

The telehandlers market is currently experiencing a dynamic phase characterized by evolving demands and technological advancements. As industries such as construction and agriculture increasingly adopt telehandlers for their versatility and efficiency, the market appears poised for growth. The integration of advanced features, such as telematics and automation, seems to enhance operational efficiency and safety, thereby attracting a broader customer base. Furthermore, the emphasis on sustainability and eco-friendly practices is likely to drive innovation in telehandler designs, with manufacturers exploring electric and hybrid models to meet regulatory standards and consumer preferences. In addition, the ongoing infrastructure projects across the United States may further stimulate demand for telehandlers. These machines are essential for lifting and moving materials in various applications, making them indispensable on job sites. The market's trajectory suggests a potential increase in competition among manufacturers, which could lead to improved product offerings and pricing strategies. As the telehandlers market continues to evolve, stakeholders must remain vigilant to adapt to changing trends and consumer needs, ensuring they capitalize on emerging opportunities while addressing challenges in the sector.

Technological Advancements

The telehandlers market is witnessing a surge in technological innovations, particularly in automation and telematics. These advancements enhance operational efficiency, allowing operators to monitor machine performance in real-time. Such features not only improve productivity but also contribute to safety on job sites, making telehandlers more appealing to a wider range of industries.

Sustainability Initiatives

There is a growing trend towards sustainability within the telehandlers market, with manufacturers increasingly focusing on eco-friendly designs. The development of electric and hybrid telehandlers reflects a commitment to reducing emissions and complying with environmental regulations. This shift aligns with broader industry goals of promoting sustainable practices.

Infrastructure Development

Ongoing infrastructure projects across the United States are likely to drive demand for telehandlers. These machines play a crucial role in construction and material handling, making them essential for various applications. As investment in infrastructure continues, the telehandlers market may experience significant growth, benefiting from increased utilization in diverse sectors.

US Telehandlers Market Drivers

Expansion of Rental Services

The growth of rental services in the equipment sector is emerging as a key driver for the telehandlers market. Many construction and agricultural companies are opting to rent telehandlers rather than purchase them outright, primarily due to cost-effectiveness and flexibility. The rental market for telehandlers is projected to grow by 6% annually, as businesses seek to manage their capital expenditures more efficiently. This trend is particularly pronounced among small to medium-sized enterprises that may not have the financial resources to invest in new equipment. The availability of rental options allows these companies to access advanced telehandler technology without the burden of ownership. Consequently, the expansion of rental services is likely to bolster the telehandlers market, providing a viable solution for various industries.

Growth in Agricultural Applications

The agricultural sector in the US is increasingly adopting telehandlers for various applications, which appears to be a significant driver for the telehandlers market. With the need for efficient material handling in farming operations, telehandlers are becoming essential for tasks such as loading, unloading, and transporting feed, equipment, and other materials. The market for telehandlers in agriculture is projected to grow at a rate of 5% annually, driven by the need for versatile machinery that can operate in diverse environments. As farmers seek to enhance productivity and reduce labor costs, the telehandlers market is likely to see a surge in demand. This trend indicates that agricultural advancements and the push for mechanization will continue to fuel the growth of telehandlers in the coming years.

Rising Demand in Construction Sector

The construction sector in the US is experiencing a notable resurgence, which appears to be a primary driver for the telehandlers market. With an estimated growth rate of 4.5% annually, the demand for telehandlers is likely to increase as construction companies seek efficient solutions for material handling. Telehandlers provide versatility and enhanced productivity on job sites, making them indispensable for tasks such as lifting and transporting heavy materials. As infrastructure projects expand, including residential and commercial developments, the telehandlers market is poised to benefit significantly. The increasing complexity of construction projects necessitates advanced machinery, further propelling the demand for telehandlers. This trend suggests that the telehandlers market will continue to thrive as construction activities ramp up across various regions in the US.

Increased Focus on Safety Regulations

The telehandlers market is being influenced by a heightened emphasis on safety regulations within the construction and industrial sectors. As safety standards evolve, companies are compelled to invest in equipment that meets stringent safety requirements. Telehandlers, known for their stability and safety features, are becoming a preferred choice for material handling tasks. The implementation of safety training programs and compliance with OSHA regulations are likely to drive the demand for telehandlers that offer advanced safety mechanisms. This focus on safety not only protects workers but also minimizes liability for companies, making telehandlers an attractive investment. As safety regulations continue to tighten, the telehandlers market is expected to expand, reflecting the industry's commitment to maintaining high safety standards.

Technological Innovations in Equipment

Technological advancements in telehandler design and functionality are driving the telehandlers market forward. Innovations such as telematics, improved lifting capacities, and enhanced safety features are becoming standard in modern telehandlers. These advancements not only improve operational efficiency but also reduce downtime and maintenance costs. For instance, telehandlers equipped with telematics can provide real-time data on equipment performance, which can lead to better decision-making and resource allocation. The integration of automation and smart technologies is likely to attract more users to the telehandlers market, as companies seek to optimize their operations. As the industry evolves, the demand for technologically advanced telehandlers is expected to rise, further solidifying their role in various sectors, including construction and agriculture.

Market Segment Insights

By technology: Electric (Largest) vs. Hybrid (Fastest-Growing)

In the US telehandlers market, electric telehandlers currently hold the largest market share owing to their increasing popularity among environmentally conscious users and operational cost savings. Hybrid telehandlers, however, are gaining traction, reflecting a noteworthy rise in demand due to their versatility and efficiency, appealing to a broad spectrum of industries. The growth trajectory for these segments is being driven by technical advancements and governmental push for greener equipment solutions. Electric telehandlers are benefiting from enhanced battery technology, allowing for longer operational periods without the need for recharging. Hybrid telehandlers are emerging as favored choices in construction, where both power and low emissions are crucial, making them integral as the market evolves.

Technology: Electric (Dominant) vs. Hybrid (Emerging)

Electric telehandlers dominate the US telehandlers market, offering significant advantages in energy efficiency and reduced carbon footprint, aligning with the growing trend toward sustainability in the construction industry. These units are designed for optimal performance in urban settings, where noise and emissions regulations are stringent. In contrast, hybrid telehandlers are regarded as an emerging segment characterized by their ability to operate on both electric and fuel power. This flexibility makes them particularly attractive for various applications, combining the benefits of traditional and electric power sources. As industries seek to improve operational efficiency while minimizing environmental impact, both electric and hybrid telehandlers are positioned for substantial growth.

By application: Residential (Largest) vs. Infrastructure (Fastest-Growing)

In the US telehandlers market, the application segment is primarily divided among three key areas: Residential, Infrastructure, and Non-residential. Among these, the Residential segment holds the largest share, driven by increasing demand for housing and residential development projects. Infrastructure, while currently smaller, is rapidly gaining traction as investments in public works and construction projects escalate. The growth trends for these segments reveal a dynamic landscape, with Residential projects continuing to thrive due to a housing boom and urbanization. Conversely, the Infrastructure segment is expected to emerge rapidly, fueled by government initiatives and funding aimed at enhancing transportation networks, utilities, and public facilities. This trend positions Infrastructure as the fastest-growing segment in the market.

Residential (Dominant) vs. Infrastructure (Emerging)

The Residential segment remains the dominant application within the US telehandlers market, characterized by robust demand from builders and developers who require versatile lifting solutions for residential construction projects. This segment caters to a wide range of applications, including single-family homes, multi-family units, and renovations, and is bolstered by ongoing urban sprawl and an increasing focus on housing developments. On the other hand, the Infrastructure segment is emerging as a significant player in the market, driven by substantial public and private investments aimed at improving various infrastructures such as roads, bridges, and utilities. As this segment evolves, telehandlers are increasingly being recognized for their efficiency and adaptability in handling diverse tasks, thus enhancing their market position.

By lifting heights: More than 60' (Largest) vs. Up to 30' (Fastest-Growing)

The US telehandlers market is witnessing a dynamic distribution among the lifting heights segment, with the 'More than 60'' category currently holding the largest share. This segment appeals to heavy-duty construction and industrial operations where greater lifting capability is essential. On the other hand, the '30' - 60'' and 'Up to 30'' segments are increasingly contributing to the market, driven by their versatility and suitability for smaller projects. In recent years, there has been a remarkable growth trajectory in the 'Up to 30'' lifting height segment, which is considered the fastest-growing. The surge in demand is attributed to the rising adoption of telehandlers in residential construction and landscaping projects, where space constraints necessitate compact yet effective lifting solutions. Additionally, advancements in technology and efficiency across all segments are enhancing overall market appeal.

Up to 30' (Emerging) vs. More than 60' (Dominant)

The 'More than 60'' segment is well-established as a dominant player in the US telehandlers market, catering primarily to large-scale industrial and construction applications that require substantial lifting capabilities. This segment is characterized by robust machines designed for heavy loads, making them crucial for tasks such as steel erection and heavy materials handling. Conversely, the 'Up to 30'' segment is emerging as a vital component of the market, appealing to a different customer base that values versatility and compactness. Ideal for urban construction and renovation projects, these telehandlers offer agility and efficiency, allowing operators to navigate tighter spaces while still delivering reliable performance. The contrasting attributes of these segments illustrate the diverse demands within the sector.

By product type: Large Telehandlers (Largest) vs. Compact Telehandlers (Fastest-Growing)

In the US telehandlers market, the distribution of market share among different product types reveals that large telehandlers dominate with their ability to handle heavier loads over longer distances. This segment is preferred in heavy construction and agriculture sectors, contributing significantly to overall market performance. Compact telehandlers are gaining traction due to their versatility and maneuverability in tight spaces, appealing to a growing number of users in urban construction settings who require efficient solutions. The growth trends in this segment show a strong inclination towards compact telehandlers as a fast-growing product type. Several factors are driving this trend, including the increasing demand for equipment that offers both performance and space efficiency. The shift in consumer preferences towards more adaptable machinery, along with advancements in technology that enhance functionality, continues to boost the footprint of compact telehandlers in the market, while large telehandlers maintain a stable presence due to their established applications.

Large Telehandlers (Dominant) vs. Compact Telehandlers (Emerging)

Large telehandlers are recognized for their robust design and significant lifting capacity, making them the preferred choice for tasks that require handling heavy loads in construction sites and agricultural operations. These machines typically feature higher lifting heights and enhanced stability, catering to the needs of industries where heavy-duty performance is crucial. On the other hand, compact telehandlers serve as an emerging choice, designed for versatility and ease of use in confined spaces. Their smaller size does not compromise their lifting capabilities, making them ideal for urban projects where space is limited. The growing popularity of compact models is spurred by their innovative features, which include advanced telematics and efficient fuel consumption, appealing to modern contractors who prioritize operational efficiency.

By ownership: Personal (Largest) vs. Rental (Fastest-Growing)

In the US telehandlers market, the ownership segment is primarily dominated by personal ownership, accounting for a significant share of total market distribution. This trend reflects an increasing preference for private ownership among users, particularly in construction and agricultural sectors where operators seek efficiency and ease of access to equipment. Rental options, while growing, currently hold a smaller market share, indicating a strong inclination towards personal investment. The growth trends in the ownership segment suggest that personal ownership is driven by a greater focus on long-term cost savings and the versatility of telehandlers. Conversely, the rental segment is emerging quickly, fueled by demand from small contractors and companies prioritizing cash flow over asset purchases. The rising costs of equipment maintenance and immediate project needs are encouraging users to consider rental options as a flexible solution.

Ownership: Personal (Dominant) vs. Rental (Emerging)

Personal ownership in the US telehandlers market represents a focus on stability and reliability, attracting larger companies and individual contractors who require consistent access to machines. These users benefit from long-term investment advantages, as ownership allows for tailored customization and uninterrupted use. Meanwhile, the rental segment is rapidly gaining traction, appealing especially to small to medium-sized enterprises that prefer the flexibility of renting equipment only when necessary. This approach minimizes upfront capital expenditure and allows for access to the latest telehandler models without the burden of maintenance, appealing to users who require adaptability in their operations.

Get more detailed insights about US Telehandlers Market

Key Players and Competitive Insights

The telehandlers market exhibits a dynamic competitive landscape characterized by rapid technological advancements and evolving customer demands. Key players such as Caterpillar (US), JCB (GB), and Genie (US) are at the forefront, leveraging innovation and strategic partnerships to enhance their market positions. Caterpillar (US) focuses on integrating advanced telematics into its equipment, thereby improving operational efficiency and customer satisfaction. JCB (GB) emphasizes sustainability, with a commitment to reducing emissions across its product line, which aligns with growing environmental concerns. Genie (US) is enhancing its product offerings through digital transformation, aiming to provide smarter, more connected equipment solutions. Collectively, these strategies not only bolster individual company standings but also intensify competition within the market.

In terms of business tactics, companies are increasingly localizing manufacturing to reduce lead times and optimize supply chains. This approach appears to be a response to the need for greater agility in production and distribution. The competitive structure of the telehandlers market is moderately fragmented, with several players vying for market share. However, the influence of major companies like Caterpillar (US) and JCB (GB) remains substantial, as they set industry standards and drive innovation.

In October 2025, Caterpillar (US) announced the launch of its new line of electric telehandlers, which is expected to significantly reduce operational costs for users while addressing environmental regulations. This strategic move not only positions Caterpillar (US) as a leader in sustainable equipment but also reflects a broader industry trend towards electrification. The introduction of electric models may attract a new customer base focused on sustainability and operational efficiency.

In September 2025, JCB (GB) unveiled its latest telehandler model featuring advanced telematics capabilities, allowing for real-time monitoring and predictive maintenance. This innovation is likely to enhance customer engagement and operational reliability, as users can proactively address maintenance needs. JCB's focus on technology integration suggests a shift towards smarter equipment, which could redefine user expectations in the telehandlers market.

In August 2025, Genie (US) expanded its partnership with a leading software company to develop AI-driven solutions for telehandler operations. This collaboration aims to enhance safety and efficiency through predictive analytics and machine learning. By integrating AI into its product offerings, Genie (US) is positioning itself to meet the increasing demand for intelligent equipment solutions, which may become a key differentiator in the competitive landscape.

As of November 2025, the telehandlers market is increasingly defined by trends such as digitalization, sustainability, and AI integration. Strategic alliances among key players are shaping the competitive environment, fostering innovation and enhancing product offerings. The shift from price-based competition to a focus on technological advancement and supply chain reliability is evident. Companies that prioritize innovation and sustainability are likely to gain a competitive edge, suggesting that future differentiation will hinge on the ability to adapt to these evolving market dynamics.

Key Companies in the US Telehandlers Market market include

Industry Developments

In the US Telehandlers Market, significant recent developments include the increasing demand for telehandlers driven by construction and agricultural sectors. Companies such as Merlo and JLG Industries have been expanding their product lines to meet evolving consumer needs, reflecting a trend toward more versatile and operator-friendly equipment. Caterpillar reported a notable surge in telehandler sales, attributed to a recovery in infrastructure projects. In terms of acquisitions, Merlo announced in March 2023 their strategic partnership with a technology firm to enhance telehandler automation features, a move aimed at improving operational efficiency.

Additionally, AUSA has been focusing on increasing its footprint in North America by launching new models tailored for the local market demands in 2022. The overall market valuation for telehandlers in the US has experienced growth, with estimates showing an increase of approximately 10% year-over-year, influenced by rising rental fleet demand and investment in construction equipment. Furthermore, firms like John Deere and Takeuchi are investing in new technology, particularly in the electric telehandler segment, signaling a shift towards sustainability in the industry. The US telehandler market continues to evolve rapidly, significantly impacted by technological advancements and changing customer preferences.

Future Outlook

US Telehandlers Market Future Outlook

The telehandlers market is projected to grow at a 3.06% CAGR from 2024 to 2035, driven by infrastructure development, technological advancements, and increased demand in construction.

New opportunities lie in:

  • Development of telehandler rental services for construction firms
  • Integration of telehandlers with IoT for real-time monitoring
  • Expansion into agricultural sectors with specialized telehandler models

By 2035, the telehandlers market is expected to achieve robust growth and diversification.

Market Segmentation

US Telehandlers Market ownership Outlook

  • Personal
  • Rental

US Telehandlers Market technology Outlook

  • Hybrid telehandlers
  • Electric telehandlers

US Telehandlers Market application Outlook

  • Residential
  • Infrastructure
  • Non – residential

US Telehandlers Market product type Outlook

  • Large telehandlers
  • Compact telehandlers

US Telehandlers Market lifting heights Outlook

  • More than 60'
  • 30' - 60'
  • Up to 30'

Report Scope

MARKET SIZE 2024 746.32(USD Million)
MARKET SIZE 2025 769.16(USD Million)
MARKET SIZE 2035 1040.0(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 3.06% (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 technology, application, lifting heights, product type, ownership
Key Market Opportunities Integration of advanced automation technologies enhances operational efficiency in the telehandlers market.
Key Market Dynamics Technological advancements drive efficiency and safety improvements in telehandler operations across various sectors.
Countries Covered US

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FAQs

What is the expected market size of the US Telehandlers Market in 2024?

The US Telehandlers Market is expected to be valued at 671.04 million USD in 2024.

What will be the projected market size of the US Telehandlers Market by 2035?

By 2035, the market is expected to reach a valuation of 1236.96 million USD.

What is the expected CAGR for the US Telehandlers Market from 2025 to 2035?

The expected CAGR for the US Telehandlers Market during this period is 5.717 percent.

Which product segment dominated the US Telehandlers Market in 2024?

The large telehandlers segment is valued at 400.0 million USD in 2024, making it the dominant product segment.

What market valuation is anticipated for compact telehandlers in 2035?

The compact telehandlers segment is projected to be valued at 501.96 million USD by 2035.

Who are the major players in the US Telehandlers Market?

Key players in the market include Merlo, JLG Industries, Caterpillar, and John Deere among others.

What are the main applications driving growth in the US Telehandlers Market?

Key applications include construction, agriculture, and material handling which are driving market growth.

Which segment is expected to see the highest growth in the US Telehandlers Market?

Large telehandlers are expected to see significant growth in market size from 2024 to 2035.

What challenges are currently faced by the US Telehandlers Market?

Challenges include supply chain disruptions and increasing competition among key players.

How is the current global scenario impacting the US Telehandlers Market?

The current global economic scenario may lead to fluctuating demand and pricing in the US Telehandlers Market.

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