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Global Demand for Telescopic Handler Forklifts Surges Amid Construction and Logistics Boom
Release time:
2026-01-05
The global telescopic handler forklift market is experiencing robust growth in 2024, driven by expanding construction projects, evolving logistics operations, and rising demand for versatile material handling solutions. According to the latest industry report, the market is projected to reach $8.2 billion by 2028, with a compound annual growth rate (CAGR) of 5.3% from 2024 to 2028.
Telescopic handler forklifts, known for their extendable arms and multi-functional capabilities, have become indispensable equipment across multiple industries. In the construction sector, these machines are widely used for lifting heavy materials to elevated work areas, transporting goods across job sites, and accessing hard-to-reach locations – replacing traditional forklifts and cranes in many scenarios.
"As construction projects become more complex and logistics operations seek greater efficiency, telescopic handlers offer a unique combination of flexibility and power," said John Miller, an industry analyst at Global Machinery Insights. "Their ability to adapt to rough terrain, coupled with interchangeable attachments like buckets, platforms, and forks, makes them a cost-effective solution for businesses looking to optimize their equipment fleets."
Chinese manufacturers have emerged as key players in the global market, offering high-performance diesel-powered telescopic handlers at competitive prices. These models typically feature lifting capacities ranging from 3 to 12 tons and telescopic arm lengths from 7 to 20 meters, catering to both small-scale operations and large industrial projects.
In addition to construction and logistics, telescopic handler forklifts are gaining traction in agriculture, forestry, and warehousing sectors. Agricultural users leverage their versatility for loading/unloading crops, while warehouse operators use them for high-level stacking and inventory management.
Industry experts predict that technological advancements, such as integrated telematics systems for remote monitoring and electric-powered models for eco-friendly operations, will further drive market growth in the coming years.
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