According to DataHorizzon Research, The light duty telehandler market size was valued at USD 2.9 Billion in 2023 and is expected to reach a market size of USD 4.7 Billion by 2032 at a CAGR of 5.4%.

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Light Duty Telehandlers are versatile machines which are capable of lifting and transporting materials across various industries such as construction, agriculture, and logistics. The light duty telehandler market has experienced significant growth in recent years due to their adaptability, efficiency, and cost-effectiveness.