Washington, DC—What are the hottest equipment markets of 2022? The 32
nd 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 Carl 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.
About ELFA
The Equipment Leasing and Finance Association (ELFA) is the trade association that represents companies in the nearly $1 trillion equipment finance sector, which includes financial services companies and manufacturers engaged in financing capital goods. ELFA members are the driving force behind the growth in the commercial equipment finance market and contribute to capital formation in the U.S. and abroad. Its 580 members include independent and captive leasing and finance companies, banks, financial services corporations, broker/packagers and investment banks, as well as manufacturers and service providers. ELFA has been equipping business for success for more than 60 years. For more information, please visit www.elfaonline.org.
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Media/Press Contact: Amy Vogt, Vice President, Communications and Marketing, ELFA, 202-238-3438 or avogt@elfaonline.org