Enjoy complimentary customisation on priority with our Enterprise License!
The rough terrain lift truck (RTLT) market share is expected to increase to 18937.36 units from 2021 to 2026, at a CAGR of 8.57%.
This RTLT market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers rough terrain lift truck market segmentation by the following:
Download the Free Report Sample to Unlock the Rough Terrain Lift Truck (RTLT) Market Size for the Forecast Period and Other Important Statistics
The rough terrain lift truck (RTLT) market report also offers information on several market vendors, including A LIFT INDUSTRIAL LTD., AUSA CENTER SLU, CASE Construction, Crown Equipment Corp., Harlo Products Inc., Hyster Yale Materials Handling Inc., J C Bamford Excavators Ltd., Liftking Manufacturing Corp., Vmax International Group Shanghai Co. Ltd., and Wolter Group LLC among others.
The increased government spending on infrastructure is notably driving the rough terrain lift truck (RTLT) market growth, although factors such as increasing equipment rental may impede market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the rough terrain lift truck (RTLT) industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Rough Terrain Lift Truck (RTLT) Market Driver
Key Rough Terrain Lift Truck (RTLT) Market Trend
Key Rough Terrain Lift Truck (RTLT) Market Challenge
This rough terrain lift truck (RTLT) market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.
Technavio categorizes the global rough terrain lift truck (RTLT) market as a part of the global construction machinery and heavy trucks market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the rough terrain lift truck (RTLT) market during the forecast period.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the rough terrain lift truck (RTLT) market encompasses successful business strategies deployed by the key vendors. The rough terrain lift truck (RTLT) market is fragmented and the vendors are deploying growth strategies such as an expansion of product portfolio to compete in the market.
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The rough terrain lift truck (RTLT) market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Our report provides extensive information on the value chain analysis for the rough terrain lift truck (RTLT) market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
For more insights on the market share of various regions Request for a FREE sample now!
49% of the market's growth will originate from APAC during the forecast period. China and Japan are the key markets for rough terrain lift trucks (RTLT) in APAC. Market growth in this region will be faster than the growth of the market in North America, South America, and MEA.
The growing construction activity in emerging countries backed by increased government spending toward developing infrastructure will facilitate the rough terrain lift truck (RTLT) market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
In 2020, the outbreak of COVID-19 affected the growth of several industries in the region, including the manufacturing and construction industries, as several manufacturing companies and construction projects were delayed or canceled due to economic downturns, disruptions in supply chains, and uncertainties in the growth of the construction industry. Lockdown measures and temporary shutdown or limited operations had a short-term impact on the construction industry, which, in turn, plunged the growth of the RTLT market in the region in 2020. Furthermore, in 2021, vaccination drives were started, and governments lifted the lockdown and travel restrictions. Owing to this, the manufacturing and construction activities are slowly getting back to normal. Such factors will increase the demand for RTLT during the forecast period.
To gain further insights on the market contribution of various segments Request for a FREE sample
The rough terrain lift truck (RTLT) market share growth by the telescopic RTLT segment will be significant during the forecast period. A telescopic RTLT comprises a telescopic boom that can lift materials for heights up to 50 feet or more. It is fitted with pallet forks, buckets, and other attachments to handle materials. It offers precision and reliability, owing to which it is ideal for use in the construction sector. Such factors will further boost the demand for telescopic RTLT in the coming years.
This report provides an accurate prediction of the contribution of all the segments to the growth of the rough terrain lift truck (RTLT) market size and actionable market insights on post COVID-19 impact on each segment.
Rough Terrain Lift Truck (RTLT) Market Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2021 |
Forecast period |
2022-2026 |
Growth momentum & CAGR |
Decelerate at a CAGR of 8.57% |
Market growth 2022-2026 |
18937.36 units |
Market structure |
Fragmented |
YoY growth (%) |
22.79 |
Regional analysis |
APAC, Europe, North America, MEA, and South America |
Performing market contribution |
APAC at 49% |
Key consumer countries |
China, US, Japan, Germany, and UK |
Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
Key companies profiled |
A LIFT INDUSTRIAL LTD., AUSA CENTER SLU, CASE Construction, Crown Equipment Corp., Harlo Products Inc., Hyster Yale Materials Handling Inc., J C Bamford Excavators Ltd., Liftking Manufacturing Corp., Vmax International Group Shanghai Co. Ltd., and Wolter Group LLC |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
***1. Executive Summary
**1.1 Market Overview
*Exhibit 01: Key Finding 1
*Exhibit 02: Key Finding 1
*Exhibit 03: Key Finding 2
*Exhibit 04: Key Finding 3
*Exhibit 05: Key Finding 4
*Exhibit 06: Key Finding 5
*Exhibit 07: Key Finding 5
***2. Market Landscape
**2.1 Market ecosystem
*Exhibit 08: Parent market
*Exhibit 09: Market characteristics
**2.2 Value chain analysis
*Exhibit 10: Value chain analysis: Construction machinery and heavy trucks
*2.2.1 Inputs
*2.2.2 Inbound logistics
*2.2.3 Operations
*2.2.4 Distribution and logistics
*2.2.5 Marketing and sales
*2.2.6 Aftermarket and service
*2.2.7 Industry innovations
***3. Market Sizing
**3.1 Market segment analysis
*Exhibit 11: Market segments
**3.2 Market size 2021
**3.3 Market definition
*Exhibit 12: Offerings of vendors included in the market definition
**3.4 Market outlook: Forecast for 2021 - 2026
*Exhibit 13: Global - Market size and forecast 2021 - 2026 (units)
*Exhibit 14: Global market: Year-over-year growth 2021 - 2026 (%)
***4. Five Forces Analysis
**4.1 Five Forces Summary
*Exhibit 15: Five forces analysis 2021 & 2026
**4.2 Bargaining power of buyers
*Exhibit 16: Bargaining power of buyers
**4.3 Bargaining power of suppliers
*Exhibit 17: Bargaining power of suppliers
**4.4 Threat of new entrants
*Exhibit 18: Threat of new entrants
**4.5 Threat of substitutes
*Exhibit 19: Threat of substitutes
**4.6 Threat of rivalry
*Exhibit 20: Threat of rivalry
**4.7 Market condition
*Exhibit 21: Market condition - Five forces 2021
***5 Market Segmentation by Product
**5.1 Market segments
*Exhibit 22: Product - Market share 2021-2026 (%)
**5.2 Comparison by Product
*Exhibit 23: Comparison by Product
**5.3 Telescopic RTLT - Market size and forecast 2021-2026
*Exhibit 24: Telescopic RTLT - Market size and forecast 2021-2026 (units)
*Exhibit 25: Telescopic RTLT - Year-over-year growth 2021-2026 (%)
**5.4 Masted RTLT - Market size and forecast 2021-2026
*Exhibit 26: Masted RTLT - Market size and forecast 2021-2026 (units)
*Exhibit 27: Masted RTLT - Year-over-year growth 2021-2026 (%)
**5.5 Market opportunity by Product
*Exhibit 28: Market opportunity by Product
***6. Customer landscape
**6.1 Overview
*Technavio’s customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria
*Exhibit 29: ?Customer landscape?
***7. Geographic Landscape
**7.1 Geographic segmentation
*Exhibit 30: Market share by geography 2021-2026 (%)
**7.2 Geographic comparison
*Exhibit 31: Geographic comparison
**7.3 APAC - Market size and forecast 2021-2026
*Exhibit 32: APAC - Market size and forecast 2021-2026 (units)
*Exhibit 33: APAC - Year-over-year growth 2021-2026 (%)
**7.4 Europe - Market size and forecast 2021-2026
*Exhibit 34: Europe - Market size and forecast 2021-2026 (units)
*Exhibit 35: Europe - Year-over-year growth 2021-2026 (%)
**7.5 North America - Market size and forecast 2021-2026
*Exhibit 36: North America - Market size and forecast 2021-2026 (units)
*Exhibit 37: North America - Year-over-year growth 2021-2026 (%)
**7.6 MEA - Market size and forecast 2021-2026
*Exhibit 38: MEA - Market size and forecast 2021-2026 (units)
*Exhibit 39: MEA - Year-over-year growth 2021-2026 (%)
**7.7 South America - Market size and forecast 2021-2026
*Exhibit 40: South America - Market size and forecast 2021-2026 (units)
*Exhibit 41: South America - Year-over-year growth 2021-2026 (%)
**7.8 Key leading countries
*Exhibit 42: Key leading countries
**7.9 Market opportunity by geography
*Exhibit 43: Market opportunity by geography ($ billion)
***8. Drivers, Challenges, and Trends
**8.1 Market drivers
*8.1.1 Increased government spending on infrastructure
*8.1.2 Emerging smart cities
*8.1.3 Rising demand for housing projects
**8.2 Market challenges
*8.2.1 Increasing equipment rental
*8.2.2 Shortage of skilled operators
*8.2.3 Rising stringent emission regulations on construction machinery
*Exhibit 44: Impact of drivers and challenges
**8.3 Market trends
*8.3.1 Increasing focus on AGVs
*8.3.2 Rising adoption of telematics
*8.3.3 The increased importance of safety
***9. Vendor Landscape
**9.1 Overview
*Exhibit 45: Vendor landscape
*The potential for the disruption of the market landscape was moderate in 2020, and its threat is expected to remain unchanged by 2025.
**9.2 Landscape disruption
*Exhibit 46: ?Landscape disruption?
*Exhibit 47: Industry risks
**9.3 Competitive scenario
***10. Vendor Analysis
**10.1 Vendors covered
*Exhibit 48: Vendors covered
**10.2 Market positioning of vendors
*Exhibit 49: ?Market positioning of vendors?
**10.3 A LIFT INDUSTRIAL LTD.
*Exhibit 50: A LIFT INDUSTRIAL LTD. - Overview
*Exhibit 51: A LIFT INDUSTRIAL LTD. - Product and service
*Exhibit 52: A LIFT INDUSTRIAL LTD. - Key offerings
**10.4 AUSA CENTER SLU
*Exhibit 53: AUSA CENTER SLU - Overview
*Exhibit 54: AUSA CENTER SLU - Product and service
*Exhibit 55: AUSA CENTER SLU - Key offerings
*Exhibit 56: AUSA CENTER SLU – Key news
**10.5 CASE Construction
*Exhibit 57: CASE Construction - Overview
*Exhibit 58: CASE Construction - Product and service
*Exhibit 59: CASE Construction - Key offerings
**10.6 Crown Equipment Corp.
*Exhibit 60: Crown Equipment Corp. - Overview
*Exhibit 61: Crown Equipment Corp. - Product and service
*Exhibit 62: Crown Equipment Corp. - Key offerings
*Exhibit 63: Crown Equipment Corp. – Key news
**10.7 Harlo Products Inc.
*Exhibit 64: Harlo Products Inc. - Overview
*Exhibit 65: Harlo Products Inc. - Product and service
*Exhibit 66: Harlo Products Inc. - Key offerings
**10.8 Hyster Yale Materials Handling Inc.
*Exhibit 67: Hyster Yale Materials Handling Inc. - Overview
*Exhibit 68: Hyster Yale Materials Handling Inc. - Business segments
*Exhibit 69: Hyster Yale Materials Handling Inc. - Key offerings
*Exhibit 70: Hyster Yale Materials Handling Inc. – Key news
*Exhibit 71: Hyster Yale Materials Handling Inc. - Segment focus
**10.9 J C Bamford Excavators Ltd.
*Exhibit 72: J C Bamford Excavators Ltd. - Overview
*Exhibit 73: J C Bamford Excavators Ltd. - Product and service
*Exhibit 74: J C Bamford Excavators Ltd. - Key offerings
*Exhibit 75: J C Bamford Excavators Ltd. – Key news
**10.10 Liftking Manufacturing Corp.
*Exhibit 76: Liftking Manufacturing Corp. - Overview
*Exhibit 77: Liftking Manufacturing Corp. - Product and service
*Exhibit 78: Liftking Manufacturing Corp. - Key offerings
**10.11 Vmax International Group Shanghai Co. Ltd.
*Exhibit 79: Vmax International Group Shanghai Co. Ltd. - Overview
*Exhibit 80: Vmax International Group Shanghai Co. Ltd. - Product and service
*Exhibit 81: Vmax International Group Shanghai Co. Ltd. - Key offerings
**10.12 Wolter Group LLC
*Exhibit 82: Wolter Group LLC - Overview
*Exhibit 83: Wolter Group LLC - Product and service
*Exhibit 84: Wolter Group LLC - Key offerings
***11. Appendix
**11.1 Scope of the report
*11.1.1 ????Market definition
*11.1.2 ????Objectives
*11.1.3 Notes and Caveats
**11.2 Currency conversion rates for US$
*Exhibit 85: ?Currency conversion rates for US$?
**11.3 Research Methodology
*Exhibit 86: ?Research Methodology
*Exhibit 87: ??Validation techniques employed for market sizing?
*Exhibit 88: ??Information sources
**11.4 List of abbreviations
*Exhibit 89: List of abbreviations
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.