November saw a plateau in used equipment buyer interest after positive growth in September and October. Despite significant market fluctuations over Q4, many sectors have seen buyer interest increase over the course of 2016.
Despite overall growth being relatively flat, a number of markets experienced significant fluctuations in buyer interest from figures posted in October and September. Chief amongst these was a 20% reduction in plastics industry growth after posting 15% growth in October. On the other hand, the metalworking industry experienced a 22% surge in buyer interest after negative October figures.
Buyer Interest by Sector
|Used Equipment Category||Oct-Nov Change|
|Used Metalworking Equipment||21.70%|
|Used Broadcast Equipment||12.43%|
|Used Construction Equipment||11.03%|
|Used Printing Equipment||9.55%|
|Used Manufacturing Equipment||5.48%|
|Used Semiconductor Equipment||4.79%|
|Used Test Equipment||-3.95%|
|Used Lab Equipment||-10.55%|
|Used Woodworking Equipment||-21.96%|
Despite some industries experiencing negative growth in November, overall growth in used equipment buyer interest in 2016 has been positive. Only two industries have posted overall negative growth in 2016 - The lab and plastics sectors - with five industries posting growth above 20%.
Buyer interest figures quoted were based on analysis of buyer search volume and purchase activity between November 1 - November 30.