Europe Telehandler Market Size - By Product, By Propulsion, By Lifting Capacity, By Application, Growth Forecast, 2025 – 2034

Europe Telehandler Market Size

The Europe telehandler market was valued at USD 5.5 billion in 2024 and is projected to grow at a CAGR of 6.2% between 2025 and 2034. The telehandler market is growing throughout Europe because of the demand for versatile telehandlers with improved features in construction, agriculture, and industrial services. Additionally, the European construction market experienced a growth of 2.3% in 2023 due to investment in infrastructural projects like roads and bridges as stated by the European Construction Industry Federation (FIEC).
 

The move towards sustainability has driven the use of electric telehandlers even more in urban construction. The European Commission’s report on green initiatives highlighted that the usage of electric telehandlers in urban construction projects increased by electric telehandlers adoption during the year of 2024 on the back of rigid emission policies put in place throughout Europe.
 

The rental segment is still prominent in the market as companies focus on minimizing capital expenditure, especially in areas where construction is seasonal. This is verified with the EFBWW report on the construction industry which showed a 3.2% rise in employment in Europe for the industry in 2023 due to the growing demand for construction services and rental equipment.
 

Europe Telehandler Market Trends

• According to an insurance company, Cartan Trade, the construction industry represents nearly 10% of EU GDP and employs millions of people in the region. This stratum of economic activity necessitates multifunctional equipment like telehandlers which further fuels demand due to their extensive use on construction sites.
   
• Telematics and IoT integration in telehandlers have transformed fleet management because machines can be monitored in real time for efficiency, maintenance, and general operations. Europe is seeing an increase in mid-level telehandlers with advanced features that come with smart functionalities to ensure optimization and efficiency within telehandler models.
   
• Developing compact telehandlers with better maneuverability for urban midrise construction sites is on the agenda of many manufacturers. These smaller machines provide the functionality of larger models while being compact enough for tight spaces.
   
• As an example, Eurostat in its report of June 2024 Construction Production forecasted the euro area to have a 1.7% growth and the EU to have a 1.4% in construction, civil engineering marking a growth of 1.1%. This upsurge in construction activity is directly proportional to the increased availability and demand for telehandlers of all types and for all purposes.
   
• The agricultural sector is revising its machinery's capabilities with telehandlers. From livestock feeding to general material handling, telehandlers have multi-functional applications, both modern and traditional farms tend to favor such versatile pieces of equipment.
   
• During 2022, Euromines reported a 3.5 percent growth of European lithium and cobalt refinement alongside the development of additional telehandler models specifically designed for harsh environment operations. Such advancements in the mining industry further the need for telehandlers.
   
• Small and medium-sized contractors still face the constraint of high initial investment cost, which significantly restricts the advanced mining equipment adoption. In contrast to large mining companies who have capital reserves, smaller contractors have a restricted budget and limited access to financing. The electric or automated equipment purchases, infrastructure, training, and fleet modernization pose significant cost hurdles for them.
   

Trump Administration Tariff

• The Trump administration's tariffs will impact Europe’s port equipment industry, posing numerous difficulties to both manufacturers and operators.
   
• The European producers of port equipment had to deal with dramatic rise in the prices of steel, aluminum, and even more specialized parts necessary for the production of both large and compact telehandlers. These heightened prices due to tariffs will reduce profit margins for equipment manufacturers and will make the fulfillment of contracts overly complex.
   
• At the same time, retaliatory tariffs from the EU and other neighboring trading partners will further distort the complicated markets and changed the equipment demand and trade patterns at the ports in Europe. The uncertainty disrupted numerous port operators, causing them to halt investment with regard to new capital equipment, worsening the replacement cycles and overall market demand.
   

Europe Telehandler Market Analysis

Based on product, the market is segmented into large telehandlers and compact telehandlers. In 2024, the large telehandlers segment crosssed USD 3 billion and is expected to cross USD 5.8 billion by 2034.
 

• Large telehandlers have become a necessity for lifting and reaching heavy objects in construction, mining, and industrial sectors. Their advanced features such as lifting capacities of over five tons and the ability to reach heights of 14 meters make them indispensable to the industry.
   
• The large segment is in high demand, especially in Western European countries with developed infrastructure projects. In Germany alone, the expected investment for construction infrastructure development is projected to reach USD 147.6 billion by 2030 according to the Federal Transport Infrastructure Plan (FTIP) 2030 which will greatly increase the demand for high-capacity material handling equipment.
   
• These machines have become very popular for urban agriculture construction sites and Industrial buildings with limited space due to their enhanced maneuverability and versatility. These machines offer compact dimensions, limiting the offered lifting capacity to below 5 tons and a height below 14 meters.
   
• Due to urbanization and an increasing rate of renovation and small-scale construction projects across Europe, the compact segment is experiencing faster growth. Their impressive lifting capabilities combined with the ability to access confined spaces makes them valuable assets in diverse applications.
   
• In Bobcat TL623 telehandler, which was introduced on October 2024, performs well in versatility, lifting, and material handling. Its ergonomics, operator controls and compact design give it a high lifting capacity. This model improves productivity in construction, agriculture, and industrial sectors.
   

Based on type, the Europe telehandler market is divided into electric and engine-powered telehandlers. The engine-powered segment held a major market share of around 87% in 2024 and is expected to grow significantly over the coming years.
 

• Telehandlers powered by engines remain the preferred option for demanding applications that require uninterrupted use for long periods of time without needing to recharge. These machines, commonly equipped with diesel engines, excel in prime operating areas like construction sites, large mines, and expansive agricultural operations.
   
• Technological developments in engines have resulted in more fuel-efficient and low-emission diesel engines which strengthens a manufacturer’s ability to meet, without losing performance levels, the more demanding European emission standards. 
   
• With increases in environmental concern along with new emission rules in cities, the electric telehandler segment is growing rapidly. Because these machines have zero tailpipe emissions coupled with lower noise, they are ideal for indoor operations. 
   
• Some of the challenged posed by electric telehandlers such as limited hours of operation are being addressed gradually through advancements in battery technology. Many manufacturers are focusing on developing new batteries and fast-charging tech to make electric telehandlers more suitable for use.
   
• Bobcat for example are working with new design concepts. The sustainable construction equipment they are working on would have lower operating costs, reduced noise levels, and no emissions. This model further cements their plans to shift towards electric models of construction walkers.
   

Based on lifting capacity, the Europe telehandler market is segmented into 3 tons, 3-10 tons, and >10 tons. The 3-10 tons segment dominated the market and accounted for over USD 2.8 billion in 2024.
 

• Telehandlers from the 3-10 tons category can be used in a variety of construction, agricultural, and industrial telehandling tasks. These machines are popular due to their balanced lifting capacity and maneuverability which allows them to be used in many different job scenarios.
   
• Telehandlers under 3 tons are mostly used in very small spaces and light duty work. These compact models are best for urban construction, greenhouse operations, and small scale material handling, where users care more about movement than lifting.
   
• This segment has a relatively lower market share, but is critical for tasks that require heavy lifting over 10 tons, such as construction, mining, and industrial sites. These telehandlers have a higher price because they are the backbone of large scale operations, even though the market for them is smaller.
   
• The high-capacity segment is growing due to more investments in infrastructure across Europe, as well as the expansion of the mining sector. Other than having high lifting capabilities, these telehandlers also have sophisticated stability systems and stronger operator assistance for safe handling of heavy loads.
   
• Genie, a Terex company, added two new models - GTH-1244 and GTH-1044 to its series of telehandlers in February 2025. The latest models are centered on range of motion, versatility, and efficiency for pick-and-carry operations. This addition is planned to increase productivity across different types of worksites.
   

Based on application, the Europe telehandler market is segmented into rental, construction & mining, agriculture, and industrial. The construction & mining segment dominated the market and accounted for over USD 2.3 billion in 2024.
 

• Businesses prefer renting telehandlers to avoid capital investment and maintenance costs, which drives the telehandler market's growth. Rental companies simplify financial commitments for contractors who only need telehandlers for specific project durations.
   
• Telehandlers exhibit versatile application within construction and mining, further driving revenue growth as they can reach difficult and limited access areas on construction sites and in quarries. Because of their superior maneuverability, multifunctionality and versatile application, these machines increasingly replace cranes and forklifts.
   
• The agricultural sector is witnessing growing demand for telehandlers, especially in the Western and Northern parts of Europe with large-scale farms. Multi-tasking modern telehandlers can load grain and handle feed, stack bales and even maintain farm infrastructure.
   
• Telehandler use is expanding rapidly in the warehouse and manufacturing segments of the industrial application sector. They might be a smaller segment of the telehandler market, but the rising efficiency and versatility ferreted offer of telehandlers during material handling operations is aiding the industrial sector’s slow but steady growth. The diverse employment ranges of telehandlers, from indoor and outdoor operations, make them essential assets in various industrial environments.
   
• In May 2024, Faresin launched FS Middle Series Telehandlers in Turkey. The series includes four models with lifting capabilities between 3.5 to 4.5 tons and a maximum reach of 10 meters. The launch ceremony which took place in Nevsehir, Cappodocia, showcased the machines' efficiency for handling tasks like lifting cotton bales, harvesting hazelnuts, and aiding reconstruction in earthquake-affected regions.
   

Western Europe dominated the Europe telehandler market with a major share of over 40% in 2024 and Germany leads the market in Western division and it is expected that sales in terms of shipment will go above 2,100 Units by 2034.
 

• Germany’s construction projects in transportation, energy, and urban development continue to create strong demand for telehandlers. Germany’s sustained push toward infrastructure modernization is a mark of assurance on the long-standing market for construction equipment such as telehandlers. Also, Germany hosts global OEMs like Caterpillar, which aids a telehandler domestic manufacturing ecosystem.
   
• Caterpillar, for example, began construction on its next-generation telehandler models in January 2025. Enhancements have been made toward performance, operator comfort, and durability. The new series also increases lift capacities and replaced the TL642, TL943, TL1055, and TL1255 models with more modern technology. These telehandlers are custom made to meet the high efficiency standards set forth for demanding construction, industrial, and other sectors.
   
• France represents another stronghold for the Western European telehandler market. The country’s broad economic expanse covers urban construction diving wide applications for telehandlers along with use in vineyards and other agri-industrial acitvities making them specialized. The region's key adopter strengthens France's multi-sectoral demand's position.
   

The UK telehandler market in Northern Europe is expected to experience significant and promising growth from 2025 to 2034.
 

• A combination of residential expansion, commercial construction, and contemporary farming techniques largely drive growth. The rental subsection is dominant due to UK contractors' reliance on short- and mid-term access to specialized equipment for flexible employment.
   
• Although mining activity in the UK is waning, the need for low emission, compact telehandlers suitable for urban and environmentally sensitive areas is increasing. The legacy of engineering and innovation in the country continues to shape telehandler design, adapting them for different environmental regulation compliance.
   

The Spain telehandler market in the Southern Europe is anticipated to witness lucrative growth between 2025 and 2034.
 

• Demand in Italy is powered by the construction and agricultural industries owing to Italy’s distinct topography and its specialized crops. This creates a need for compact and versatile telehandlers that are appropriate for use in greenhouses, orchards, and vineyards.
   
• In November 2024 during EIMA International in Bologna, Faresin presented the FS6.26, their compact telehandler with the tightest operational space suitability for poultry farms and greenhouses. It boasts a brand new electronically controlled, continuously variable transmission with Automotive, EcoSmart, and Creeper driving modes, and advanced hydraulic power management designed to achieve optimum performance at minimal fuel consumption.
   

The Poland telehandler market in Eastern Europe is expected to experience significant and promising growth from 2025 to 2034.
 

• The EU continues to be effective for Poland's telehandler market, which is booming alongside construction, infrastructure funding, and modernization of agriculture. Demand comes from both urban and rural areas, but focal points are the multifunctional machines, such as telehandlers, with greater lifting capabilities and fuel efficiency.
   
• In March 2023, Dieci expanded its market presence in the Polish and Czech Republic construction and agriculture sectors by introducing telehandlers for Eastern European markets, which strategically exposed them to high-growth regions.
   
• Various urban expansion projects undertaken by construction companies is accompanied by the rise in popularity of compact14 telehandlers, which are more desirable for routing urban worksites. Suburbs also experience rural development programs alongside an increase in farming mechanization, driving the telehandler industry.
   

Europe Telehandler Market Share

• Top 7 companies of Europe telehandler market are Caterpillar, Manitou, Merlo, Liebherr, Dieci, Bobcat, JCB, collectively hold around 67% of the market in 2024.
   
• Caterpillar's extensive dealer network strengthens its position in the European telehandler market, especially related to construction and mining, due to its global brand recognition. Teleporting Caterpillar's premium segment position is receiving telematics assisted operator experience enhancements which strengthen the company's telehandler competitive position further.
   
• JCB leverages its extensive dealer network enabling serviced sales of electric and engine powered telehandlers to maintain its position as the market leader in Europe. Continuous improvements on JCB's Loadall series towards operator comfort have further fuelled the market growth. Loadall still remains the benchmark in the market which strengthened JCB’s position as a market leader. 
   
• Manitou has gained the telehandler market for construction, agriculture, and industrial sectors by focusing on construction-specific models. Specialized agriculture telehandlers like the MLT series and the MRT rotating telehandlers have further strengthened the company's position. Alongside serving the demand, Manitou's investment in electric telehandler technology is positioning the company as a leader in the eco-friendly segment.
   
• With a continuous focus on innovation in the urban compact models and rotating telehandler technologies, Merlo expands its market share in the Southern and Western Europe regions. The company’s unique series, Roto and Panoramic, provides them with some distinct competitive advantages. Specialized applications in need of premium quality and high end technology are best served by Merlo.
   
• Bobcat has increased its market penetration through an expanded telehandler portfolio and strengthened dealer support network across Europe. For instance, in March 2024, Bobcat expanded their material handling solutions by introducing a new family of rotary telehandlers, which can now also perform construction and industrial tasks that require 360-degree rotation, vertical lifting, and stability. Telehandlers now have the precision and adaptability needed for challenging job sites to perform on-site multitasking.
   
• Liebherr continues to hold its dominance in the premier telehandler segment by leveraging his well-known reputation for engineering excellence and reliability. Demand for the company’s telehandlers in highly strenuous applications where performance and durability are essential continues to rise. The latest models with advanced assistance systems and hybrid technology demonstrate Liebherr’s long-standing commitment to innovation.
   
• With its comprehensive portfolio of telehandlers for construction, agriculture and industrial applications, Dieci has marked its strong foothold in Southern and Eastern Europe. The expanding market share of the company is owing to the competitive pricing strategy as well as focus on versatility of applications.
   

Europe Telehandler Market Companies

Major players operating in the Europe telehandler industry include:

• Ausa
• Bobcat
• Caterpillar
• CNH Industrial
• Dieci
• JCB
• Liebherr
• Manitou
• Merlo
• Wacker Neuson
   

Within the industry, there is a paradigm shift toward developing new models of telehandlers which are more sustainable and technologically advanced. Major manufacturers are focusing their attention toward improving operational efficiency and environmental sustainability by investing in electric drivetrain technology, automation, telematics integration, and assistance technologies. 
 

The competition is getting fiercer as established construction equipment manufacturers expand their telehandler offerings while new entrants introduce application-specific models. This sharpened competition is triggered by the need for more advanced performance, design, and cost-efficient telehandlers from the market.
 

Europe Telehandler Industry News

• In December 2024, Faresin collaborated with Zeppelin to manufacture telehandlers specifically for the German and Austrian markets. This deal will expand Zeppelin's offerings and further strengthen production with Faresin’s innovative designs. Manufacturing is set to begin shortly, which will improve both companies' positions in Europe.
   
• In May 2024, Oshkosh Corporation reported the acquisition of AUSA, a Spanish compact off-road vehicle manufacturer. The purchase will help diversify Oshkosh’s portfolio in material handling and construction machinery. AUSA will remain as is but will take advantage of being sourced by a global company.
   
• In June 2023, AUSA reinforced its dealer network in Greece expanding its footprint in the country. The company looks to increase the sales of its compact dumpers, forklifts, and telehandlers in this area. This is part of AUSA’s growth strategy in Europe in key target countries.
   
• In January 2023, Genie has added a new model to their line of products, the 1256 telescopic handler. This new product claims to be Genie’s biggest model for the heavy industry and construction. Its advantages include improved lift capacity, reach and also stabilized performance on job sites that were previously deemed impossible. This model is expected to greatly assist in productivity for operations that involve moving materials around.
   

The Europe telehandler market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($Mn/Bn) and shipment (Units) from 2021 to 2034, for the following segments:

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Market, By Product

• Large telehandler
• Compact telehandler

By Propulsion

• Electric
• Engine-powered

Market, By Lifting Capacity

• 3 tons
• 3 – 10 tons
• >10 tons

Market, By Application

• Rental
• Construction & mining
• Agriculture
• Industrial

The above information is provided for the following regional divisions and countries:

• Western Europe
  • Germany
  • Austria
  • France
  • Switzerland
  • Belgium
  • Luxembourg
  • Netherlands
  • Portugal
• Eastern Europe
  • Poland
  • Romania
  • Czech Republic
  • Slovenia
  • Hungary
  • Bulgaria
• Northern Europe
  • UK
  • Denmark
  • Sweden
  • Finland
  • Norway
• Southern Europe
  • Italy
  • Spain
  • Greece