Equipment Sector

IDC: Worldwide Enterprise Applications Revenue Grew 4.1% in 2020

According to a new report from IDC, the enterprise applications market grew 4.1% year over year in 2020 with worldwide revenues reaching $241 billion. read more

DAT Truckload Volume Index Gained 2% in August; Shippers Face Challenging Peak Season

Truckload volume surged and spot and contract freight rates hit new highs in August as logistics managers stare down their most challenging peak shipping season yet. The DAT Truckload Volume Index (TVI) rose to 231 last month, up 2% from July and 17% higher year over year. read more

North America Crane Rental Market Revenue to Reach $5B by 2026

According to a recent study from market research firm Graphical Research, the North America crane rental market size is set to register a significant growth, growing from more than $4.5 billion in 2019 at a CAGR of more than 3% from 2020 to 2026. read more

IDC Forecasts Worldwide “Whole Cloud” Spending to Reach $1.3T by 2025

IDC forecasts "whole cloud" spending will surpass $1.3 trillion by 2025 while sustaining a compound annual growth rate (CAGR) of 16.9%. read more

ACT Freight Forecast: Stronger-for-Longer Peak, with a Series of Inflationary Events

The ACT Freight Forecast indicated that freight markets remain tight as we enter peak season with unprecedented containership backlogs. The chip shortage is easing but continues to slow equipment capacity growth. read more

Sandhills Report: Used Farm Ag & Truck Values Climb; Construction Values Steady

While inventory levels within Sandhills Global marketplaces have ticked back down in August after leveling off briefly, auction and asking values for used agricultural equipment and heavy-duty trucks are continuing a sharp ascent, according to a new Sandhills Global Market Report. read more

Phoenix American White Paper on Market Trends and Outlook for Aviation ABS

Phoenix American has published a new white paper examining the history, evolution and prospects for aviation ABS in the wake of the COVID-19 pandemic economic downturn. read more

ACT Research: Continued Supply-Side Constraints Result in CV Production Forecast Cuts

According to ACT Research’s latest release of the North American Commercial Vehicle OUTLOOK, commercial vehicle production forecasts for this year and next have been cut again, amid continued supply-side constraints. read more

IDC: Ethernet Switch Market Up 10.8% Y/Y, Router Market Down Slightly in Q2/21

IDC reported that the worldwide ethernet switch market recorded revenues of $7.4 billion in Q2/21, an increase of 10.8% year-over-year. Meanwhile, worldwide enterprise and service provider (SP) router market revenues declined 0.5% year-over-year in Q2/21 to $3.9 billion.

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New Partnership Opens the Way for Rail Freight KYC (Know Your Cargo) Technology

The Rail Working Group and Nexxiot will work together to drive complete digitization and security of worldwide cargo and rail assets. New partnership opens the way for rail freight KYC (Know Your Cargo) technology – transparent worldwide tracking of rail freight and rolling stock. read more

IDC: Worldwide Server Market Revenue Declined 2.5% Y/Y in Q2/21

According to the International Data Corporation Worldwide Quarterly Server Tracker, worldwide server market revenue declined 2.5% year over year to $23.6 billion during Q2/21. read more

Fleet Advantage Survey Shows Truck Acquisition Challenges, Focus on Lease Structures

Fleet Advantage announced results of its latest fleet industry benchmarking survey showing how trends in fuel economy, maintenance, environmental concerns and procurement strategies have changed since last year. read more

ACT Research: Preliminary North American Class 8 and MD Orders Hit Five-Month Highs

According to preliminary data from ACT Research, North American Class 8 net orders in August reached 36,900 units, while Classes 5-7 net orders jumped to 31,900 units, both representing five-month high readings. read more

Shipments of Automated Commercial Vehicles to Rise 186% by 2026

According to ABI Research, a global tech market advisory firm, shipments of SAE Level 4 automated commercial vehicles will rise worldwide by 186% from 2024 to 2026. read more

Skid Steer Auction and Retail Values Improved in July

New market reporting from Sandhills Global shows substantial year-over-year gains in skid steer retail and auction values within Sandhills’ marketplaces over the three-month period ending July 31. read more

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Terry Mulreany
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