ELFA Report Forecasts Hottest Equipment Markets of 2022

February 15, 2022, 07:23 AM

Filed Under: Equipment Leasing & Finance Association

Related: ALTA Group, Carl Chrappa, Construction, ELFA, Equipment, Equipment Leasing & Finance Association, Knowledge Hub, Ralph Petta

What are the hottest equipment markets of 2022? The 32nd annual “What’s Hot/What’s Not: Equipment Market Forecast 2022” from the Equipment Leasing and Finance Association (ELFA) reveals industry perceptions of 15 equipment markets based on a survey of 85 ELFA members. The survey results point to construction, trucks/trailers, medical, machine tools 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 2022,” 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 2022 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. Trucks/Trailers
3. Medical
4. Machine Tools
5. Hi-tech/Computers
6. Containers/Chassis
7. Rail
8. Marine/Intercoastal
9. Automobiles
10. Tie: Aircraft, Plastics
12. Telecom
13. Oil/Gas/Energy
14. FF&E
15. Printing

“The What’s Hot/What’s Not Equipment Market Forecast is consistently among ELFA’s widest read research,” said Ralph Petta, ELFA President and CEO. “The results of the 2022 Forecast Survey reveal that equipment managers and equipment finance companies are decidedly more optimistic in their equipment outlooks, which should bode well for the industry this year.”

Access the Results
Visit the ELFA Knowledge Hub at www.elfaonline.org/knowledge-hub/most-popular to access the “What’s Hot/What’s Not” results, including:

The full report, including an analysis of the rankings
An infographic with key takeaways from the report

Later in February, a recording of Chrappa’s presentation of the “What’s Hot/What’s Not” results at the 2022 ELFA Equipment Management Conference will be available in the Knowledge Hub.

The Knowledge Hub is ELFA’s one-stop online library for business intelligence on the equipment finance industry. Visit the Hub today for a wide range of industry research and information at www.elfaonline.org/KnowledgeHub.