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LONDON--(BUSINESS WIRE)--The telehandlers market for construction industry is expected to register a CAGR of almost 6% during 2020-2024, as per the latest research report by Technavio. The report offers detailed analysis about the impact of COVID-19 pandemic on the market in optimistic, probable, and pessimistic forecast scenarios. Request for Technavios market report estimates including pre- and post-COVID-19 impact on telehandlers market for construction industry. Download a Free Sample Report on the impact of COVID-19 pandemic analysis. Due to the extensive spread of the virus across the globe, the Industrials Industry is anticipated to have Negative impact. The telehandlers market for construction industry will showcase Neutral impact during 2020-2024. Telehandlers Market for Construction Industry 2020-2024: Segmentation Telehandlers Market for Construction Industry is segmented as below: North America region will account for the highest incremental growth during the forecast period due to the increasing use of modular design concept, availability of electric telehandlers, and use of telehandlers for solid waste management and in recycling plants. With the surging growth of COVID-19 pandemic, the Industrials market is anticipated to have an Indirect impact during the forecast period. View market snapshot before purchasing Focus on improving productivity of off-site manufacturing has been an instrumental factor in influencing the growth of telehandlers market for construction industry. Other market drivers include increasing safety and functionality of telehandlers and growing investment in natural gas pipeline projects. Technavio offers custom research analysis on the crucial pointers to highlight the impact of COVID-19 on the market across the supply chain. Key Considerations for Market Forecast: Get more insights about the global trends impacting the future of telehandlers market for construction industry, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR43117 Telehandlers Market for Construction Industry 2020-2024: Vendor Analysis The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Key players in the market have been launching several initiatives and introducing innovative products and services to cater a larger target audience during the pandemic. Major market participants include Caterpillar Inc., CNH Industrial NV, Deere & Co., Doosan Bobcat Inc., J C Bamford Excavators Ltd., Komatsu Ltd., Liebherr-International Deutschland GmbH, Manitou Group, Oshkosh Corp., and Terex Corp. Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Register for a free trial today and gain instant access to 17,000+ market research reports. Technavio's SUBSCRIPTION platform Table of Contents: Executive Summary Market Landscape Market Sizing Five Forces Analysis Market Segmentation by Application Customer landscape Geographic Landscape Vendor Landscape Vendor Analysis Appendix About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavios report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavios comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Answer: COVID-19 Pandemic Impact on Global Telehandlers Market for Construction Industry 2020-2024 | Technavio Increasing Use of Modular Design will drive the market growth during the forecast period