Market Overview:
The global rough terrain lift truck (RTLT) market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for RTLTs in construction and military applications. Additionally, the growing demand for RTLTs in Asia Pacific and Middle East & Africa is also contributing to the growth of this market. On the basis of type, telescopic RTLTs are expected to dominate the global rough terrain lift truck (RTLT) market during the forecast period from 2018 to 2030. This can be attributed to their ability to handle a wide range of lifting applications with high efficiency and accuracy.
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Product Definition:
Rough terrain lift truck (RTLT) is a type of material handling equipment that is used for lifting and moving heavy objects over rough or uneven surfaces. RTLTs are typically equipped with large, pneumatic tires that provide stability and traction on difficult terrain. They are an important tool for moving materials in construction and industrial settings where traditional forklifts cannot travel.
Telescopic RTLT:
Telescopic RTLT is a device used in rough terrain lift trucks to extend their reach and help them gain access to areas that would otherwise be inaccessible. It consists of a boom, which is mounted on the truck bed, and a camera at the end of it. When the operator stands on or near the boom, he can control how far away from him the camera lens will zoom; thus providing an excellent field of view for surveying his working area.
Masted RTLT:
Masted RTLT is a remote control system that allows the driver to operate the vehicle without any physical connection. It uses radio frequency (RF) and infrared (IR) signals to communicate with the vehicle. The signal from the master controller is received by an RFID tag or an antenna mounted on top of each truck, which then sends back a response containing information about tire pressure, battery charge level, and other essential data.
Application Insights:
Construction was the dominant application segment in the global RTLT market and accounted for over 40% of total revenue in 2017. The growth can be attributed to an increase in infrastructure development projects across various regions, especially Asia Pacific. For instance, according to a study by Loughborough University, China is investing around USD 142 billion annually on its infrastructure sector which includes roads, railways and urban development. This represents a significant amount that needs to be transported through construction work sites so it is expected that demand for RTLTS will grow with time as these are used at such sites.
The military applications segment accounted for over 10% of total revenue share in 2017 owing to rise in military expenditure globally including countries like India & China where defense spending has increased after years of truce between both countries i.e.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing infrastructure development activities coupled with rising demand for RTLFs from various end-use industries, such as construction, military applications and others. Moreover, growing industrialization in emerging countries of Asia Pacific has led to increased requirement for heavy machinery including RTLFs.
The Latin American regional market is anticipated to witness significant growth over the forecast period owing to increasing government investments in infrastructural projects along with rapid economic development taking place within Brazil and Mexico’s borders. In addition, rising number of mining companies across Chile & Peru are expected to boost product demand across this region during the forecast period. North America also accounted for a significant share within global revenue generation owing both internal factors such as U.S.
Growth Factors:
- Increasing demand for RTLT from the construction and manufacturing sectors due to growth in these industries.
- Rising demand for RTLT from the logistics and transportation sector due to growth in e-commerce and globalization.
- Technological advancements in RTLT that improve efficiency, safety, and performance of machines.
- Growing awareness about the benefits of using RTLT among businesses operating in various sectors.
Scope Of The Report
Report Attributes
Report Details
Report Title
Rough Terrain Lift Truck (RTLT) Market Research Report
By Type
Telescopic RTLT, Masted RTLT
By Application
Construction, Military Applications, Others
By Companies
AUSA, CNH Industrial, HARLO, J C Bamford Excavators, Liftking Manufacturing, Vmax International Group, AUSA
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Rough Terrain Lift Truck (RTLT) Market Report Segments:
The global Rough Terrain Lift Truck (RTLT) market is segmented on the basis of:
Types
Telescopic RTLT, Masted RTLT
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction, Military Applications, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AUSA
- CNH Industrial
- HARLO
- J C Bamford Excavators
- Liftking Manufacturing
- Vmax International Group
- AUSA
 Market Overview.svg)
Highlights of The Rough Terrain Lift Truck (RTLT) Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Telescopic RTLT
- Masted RTLT
- By Application:
- Construction
- Military Applications
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Rough Terrain Lift Truck (RTLT) Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Rough Terrain Lift Truck (RTLT) is a specialized truck designed to operate on rough terrain. RTLTs are typically used for construction, mining, and logging.
Some of the major players in the rough terrain lift truck (rtlt) market are AUSA, CNH Industrial, HARLO, J C Bamford Excavators, Liftking Manufacturing, Vmax International Group, AUSA.
The rough terrain lift truck (rtlt) market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Rough Terrain Lift Truck (RTLT) Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Rough Terrain Lift Truck (RTLT) Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Rough Terrain Lift Truck (RTLT) Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Rough Terrain Lift Truck (RTLT) Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Rough Terrain Lift Truck (RTLT) Market Size & Forecast, 2018-2028
4.5.1 Rough Terrain Lift Truck (RTLT) Market Size and Y-o-Y Growth
4.5.2 Rough Terrain Lift Truck (RTLT) Market Absolute $ Opportunity
Chapter 5 Global Rough Terrain Lift Truck (RTLT) Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Rough Terrain Lift Truck (RTLT) Market Size Forecast by Type
5.2.1 Telescopic RTLT
5.2.2 Masted RTLT
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Rough Terrain Lift Truck (RTLT) Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Rough Terrain Lift Truck (RTLT) Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Military Applications
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Rough Terrain Lift Truck (RTLT) Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Rough Terrain Lift Truck (RTLT) Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Rough Terrain Lift Truck (RTLT) Analysis and Forecast
9.1 Introduction
9.2 North America Rough Terrain Lift Truck (RTLT) Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Rough Terrain Lift Truck (RTLT) Market Size Forecast by Type
9.6.1 Telescopic RTLT
9.6.2 Masted RTLT
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Rough Terrain Lift Truck (RTLT) Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Military Applications
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Rough Terrain Lift Truck (RTLT) Analysis and Forecast
10.1 Introduction
10.2 Europe Rough Terrain Lift Truck (RTLT) Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Rough Terrain Lift Truck (RTLT) Market Size Forecast by Type
10.6.1 Telescopic RTLT
10.6.2 Masted RTLT
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Rough Terrain Lift Truck (RTLT) Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Military Applications
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Rough Terrain Lift Truck (RTLT) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Rough Terrain Lift Truck (RTLT) Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Rough Terrain Lift Truck (RTLT) Market Size Forecast by Type
11.6.1 Telescopic RTLT
11.6.2 Masted RTLT
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Rough Terrain Lift Truck (RTLT) Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Military Applications
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Rough Terrain Lift Truck (RTLT) Analysis and Forecast
12.1 Introduction
12.2 Latin America Rough Terrain Lift Truck (RTLT) Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Rough Terrain Lift Truck (RTLT) Market Size Forecast by Type
12.6.1 Telescopic RTLT
12.6.2 Masted RTLT
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Rough Terrain Lift Truck (RTLT) Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Military Applications
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Rough Terrain Lift Truck (RTLT) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Rough Terrain Lift Truck (RTLT) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Rough Terrain Lift Truck (RTLT) Market Size Forecast by Type
13.6.1 Telescopic RTLT
13.6.2 Masted RTLT
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Rough Terrain Lift Truck (RTLT) Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Military Applications
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Rough Terrain Lift Truck (RTLT) Market: Competitive Dashboard
14.2 Global Rough Terrain Lift Truck (RTLT) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AUSA
14.3.2 CNH Industrial
14.3.3 HARLO
14.3.4 J C Bamford Excavators
14.3.5 Liftking Manufacturing
14.3.6 Vmax International Group
14.3.7 AUSA
