The Equipment Leasing and Finance Association (ELFA) released its "What’s Hot/What’s Not: Equipment Market Forecast 2020" with industry perceptions of 15 equipment markets based on a survey of ELFA members. It is the 30th anniversary of the report's issuance.

The survey results point to construction, medical, hi-tech/computers and machine tools as the leading sectors for the year ahead, according to portfolio preference.

What’s Hot/What’s Not: Equipment Market Forecast 2020, authored by Carl Chrappa of The Alta Group, is designed to assist equipment finance organizations in identifying business opportunities for future success. The results of the 2020 Forecast Survey reveal the following overall ranking of equipment types for portfolio preference among ELFA members. These rankings are based on the amount of future financing volume (unweighted) and the best and least favorable future equipment financing opportunities (weighted).

1. Construction
2. Medical
3. Hi-tech/Computers
4. Machine Tools
5. Containers/Chassis, Plastic, Rail (tie)
8. Aircraft
9. Marine/Intercoastal
10. Trucks/Trailers
11. Telecom
12. Automobiles
13. FF&E
14. Oil/Gas/Energy
15. Printing

The full report, including an analysis of the rankings, is available here.

The new report provides valuable insights for participants at the 2020 Equipment Management Conference & Exhibition, where more than 300 ELFA members will gather Feb. 23-25 in Orlando, FL.

More Market Analysis and Forecasting
Additional analysis of the equipment market outlook will occur at the 2020 ELFA Equipment Management Conference, where asset managers, equipment appraisers and remarketers will evaluate and present the latest developments in market conditions, portfolio quality and residual values for key equipment segments. Educational sessions will assess the outlook for a range of equipment markets, including trucks/trailers, material handling, construction, healthcare, machine tools, aircraft, food processing, marine, packaging, alternative energy, rail and plastics. Participants also will examine IT trends and the future of asset management, emerging technology trends in agricultural equipment and portfolio impairment testing. Jeff Jenson, Senior Director at Keybridge, will present the keynote on “What If a Recession Happens? Which Business Sectors Would Be Hit Hardest?”

Details about the conference are available at www.elfaonline.org/events/2020/EMC/.