Tech Innovations Drive Increases in Heavy Equipment Leases and Rentals

The study:
To uncover recent trends in the heavy construction equipment industries and determine what market changes, user behaviors, or technological innovations have influenced these trends.

Participants:
Total survey respondents: 71,129

The survey:
Our survey espondents were asked the same two questions regarding their purchasing preference:

  1. How do you plan to finance your machine?
  2. Do you have a preference for a new or used machine?

Conclusion:
Two notable shifts were discovered, affecting both:

  1. Equipment rentals, and
  2. Track loaders

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