EquipmentWatch Releases Inaugural Report on the State of the Construction Equipment Economy
Atlanta, GA – October 26, 2021 – EquipmentWatch, the world leader in data, software and insight for the heavy equipment industry, has released a research report examining construction equipment economics in today’s marketplace. The 39-page report outlines behaviours and the challenges currently facing equipment owners.
Report insights include:
- Dealers have been the preferred resource for equipment purchases
- A third of equipment owners say they have been retaining equipment longer than usual
- The most common cadence for evaluating equipment costs is annually, but many firms report crunching those numbers more often
- A third of firms report receiving increased requests to be able to demonstrate they are taking sustainability into consideration with their projects
Read our inaugural report here:
EquipmentWatch is the trusted source for heavy equipment data and intelligence. EquipmentWatch produces the leading database information products for the construction equipment industry and is the world leader in independent, third-party heavy equipment research serving more than 15,000 professional, high-volume users of construction, ag, and lift/access data. The EquipmentWatch products are valuable tools in decisions surrounding the purchase, valuation, operation, and equipment disposal.
For more than 60 years, EquipmentWatch has served contractors, equipment manufacturers, dealers, rental companies, lenders, insurers, and government agencies involved in heavy civil construction. EquipmentWatch owns The Rental Rate Blue Book. For more information, visit www.equipmentwatch.com.
Informa PLC is a leading international business to business information services group, operating in more than 30 countries. We create transaction-led exhibitions and content-based events, specialist data, intelligence and marketing services products, as well as scholarly research and specialist reference-led academic content. Our products and services help businesses and professionals connect, learn, do business and gain an edge over the competition. Informa is listed on the London Stock Exchange and is a member of the FTSE 100.