Replacement rate outpacing new sales in telehandlers market

The construction sector in India and China is outgrowing other markets. This, in turn, is expected to support the growth of the global telehandlers market, which is expected to reach a market size of over US$ 4 billion, while registering a growth rate of more than 4 per cent YoY, over that in 2018. Telehandlers with lifting height ranging from 

30’ to 60’ are expected to hold a prominent share in the global telehandlers market.