Construction Equipment Market Sees Strong Growth: May 2017 Market Analysis

Posted By Kitmondo on 09 June 2017

Posted in Kitmondo Blog

The construction industry saw a 23% growth in used equipment buyer interest in May 2017. This growth was contrasted by negative growth across many other industries as a seasonal "summer slowdown" took hold.

Overall, used equipment buyer interest shrunk by 7% but growth remained at 14% for the year to date.

Buyer Interest by Sector

Used Equipment Category Apr-May Change
Used Construction Equipment 23.07%
Used Woodworking Equipment 3.37%
Used Metalworking Equipment -0.76%
Used Lab Equipment -4.81%
Plastics Equipment -7.93%
Used Broadcast Equipment -8.44%
Used Printing Equipment -11.22%
Used Semiconductor Equipment -11.49%
Used Metalworking Equipment -22.83%
Used Manufacturing Equipment -28.25%

Manufacturing and metalworking markets saw the largest reduction in buyer interest when compared with April figures, with this month's figures taking the manufacturing market into negative growth for the year to date.

Buyer interest figures quoted were based on analysis of buyer search volume and purchase activity between May 1 - May 31.