The manufacturing and semiconductor industries were the only exceptions to a reduction in used equipment buyer interest seen in April. Manufacturing equipment saw a 38% increase in buyer search and purchase activity and semiconductor markets saw a 26% increase.
Overall, used equipment buyer interest shrunk by 6% after growth of 31% during Q1.
Buyer Interest by Sector
|Used Equipment Category||Mar-Apr Change|
|Used Manufacturing Equipment||38.02%|
|Used Semiconductor Equipment||25.59%|
|Used Woodworking Equipment||0.96%|
|Used Test Equipment||-8.79%|
|Used Printing Equipment||-11.89%|
|Used Construction Equipment||-18.00%|
|Used Lab Equipment||-20.29%|
|Used Broadcast Equipment||-21.69%|
|Used Metalworking Equipment||-27.00%|
Metalworking, broadcast and lab markets saw the largest reduction in buyer interest, although only the lab sector has seen negative growth across the year to date.
Buyer interest figures quoted were based on analysis of buyer search volume and purchase activity between April 1 - April 31.