What are the hottest equipment markets of 2023? The 33rd annual “What’s Hot/What’s Not: Equipment Market Forecast 2023” from the Equipment Leasing and Finance Association (ELFA) reveals industry perceptions of 15 equipment markets based on a survey of 130 ELFA members. The survey results point to construction, machine tools, medical, trucks/trailers and hi-tech/computers as the leading sectors for the year ahead, according to portfolio preference.
“What’s Hot/What’s Not: Equipment Market Forecast 2023,” 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 2023 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. Machine Tools
3. Tie: Medical, Trucks/Trailers
5. Hi-tech/Computers
6. Marine/Intercoastal
7. Plastics
8. Tie: Aircraft, Containers/Chassis
10. Rail
11. Oil/Gas/Energy
12. Automobiles
13. Tie: FF&E, Telecom
15. Printing
Access the Results
Visit the ELFA Knowledge Hub at https://www.elfaonline.org/knowledge-hub/most-popular
to access the “What’s Hot/What’s Not” results, including:
- The full report, including an analysis of the rankings
- An infographic with key takeaways from the report