WASHINGTON, D.C., March 4, 2021—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.
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 575 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. In 2021, ELFA is celebrating 60 years of equipping business for success. For more information, please visit www.elfaonline.org.
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