ELFA Report Forecasts Construction, Medical, Trucks/Trailers, Tech as Top Sectors in 2021

MAR 4, 2021 - 6:41 am

A new report from the Equipment Leasing and Finance Association (ELFA), What’s Hot/What’s Not: Equipment Market Forecast 2021, revealed 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.

Carl Chrappa of The Alta Group is the author of the report, which 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).