What are the hottest equipment markets of 2020? A new report from the Equipment Leasing and Finance Association (ELFA), What’s Hot/What’s Not: Equipment Market Forecast 2020, reveals industry perceptions of 15 equipment markets based on a survey of ELFA members.

The survey results point to construction, medical, hi-tech/computers and machine tools as the leading sectors for the year ahead, according to portfolio preference.

What’s Hot/What’s Not: Equipment Market Forecast 2020, 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 2020 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. Medical
3. Hi-tech/Computers
4. Machine Tools
5. Tie: Containers/Chassis, Plastic, Rail
8. Aircraft
9. Marine/Intercoastal
10. Trucks/Trailers
11. Telecom
12. Automobiles
13. FF&E
14. Oil/Gas/Energy
15. Printing

The new report provides valuable insights for participants at the 2020 Equipment Management Conference & Exhibition, where more than 300 ELFA members will gather Feb. 23-25 in Orlando, FL.

Additional analysis of the equipment market outlook will occur at the 2020 ELFA Equipment Management Conference, where asset managers, equipment appraisers and remarketers will evaluate and present the latest developments in market conditions, portfolio quality and residual values for key equipment segments.

Educational sessions will assess the outlook for a range of equipment markets, including trucks/trailers, material handling, construction, healthcare, machine tools, aircraft, food processing, marine, packaging, alternative energy, rail and plastics. Participants also will examine IT trends and the future of asset management, emerging technology trends in agricultural equipment and portfolio impairment testing. Jeff Jenson, Senior Director at Keybridge, will present the keynote on “What If a Recession Happens? Which Business Sectors Would Be Hit Hardest?”