What are the hottest equipment markets of 2021? A new report from the Equipment Leasing and Finance Association (ELFA), What’s Hot/What’s Not: Equipment Market Forecast 2021, reveals industry perceptions of 15 equipment markets based on a survey of 100 ELFA members. The survey results point to construction, medical, trucks/trailers and hi-tech/computers as the leading sectors for the year ahead, according to portfolio preference.
“What’s Hot/What’s Not: Equipment Market Forecast 2021,” 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 2021 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. Tie: Medical, Trucks/Trailers
4. Hi-tech/Computers
5. Machine Tools
6. Containers/Chassis
7. Automobiles
8. Plastic
9. Telecom
10. Rail
11. Marine/Intercoastal
12. Aircraft
13. Tie: Furniture, Fixtures & Equipment, Oil/Gas/Energy and Printing
The full report, including an analysis of the rankings, is available at www.elfaonline.org/data/market-trends.