ELFA Report Forecasts Most Popular Equipment Markets for 2022

The Equipment Leasing and Finance Association released its 32nd annual What’s Hot/What’s Not: Equipment Market Forecast, examining the industry perceptions of 15 equipment markets for 2022 based on a survey of 85 ELFA members.

Carl Chrappa of The Alta Group authored the report, which is designed to assist equipment finance organizations in identifying business opportunities for future success. The results of the 2022 report 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,” Ralph Petta, president and CEO of the ELFA, said. “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.”

Later this month, a recording of Chrappa’s presentation of the “What’s Hot/What’s Not” results at the 2022 ELFA Equipment Management Conference will be available in the ELFA’s Knowledge Hub.

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