The Equipment Leasing and Finance Association (ELFA) has released its 35th annual “What’s Hot/What’s Not: Equipment Market Forecast 2025,” delivering essential insights into the top-performing equipment markets for the year ahead in the USA.
Based on input from ELFA members, the report provides a ranking of 15 critical equipment sectors, equipping industry leaders with data-driven intelligence to shape their strategies and seize emerging opportunities.
According to the report, construction, machine tools, and medical equipment are the leading sectors, with construction claiming the top spot for the 12th consecutive year. This year’s results show a renewed optimism in the equipment finance industry, driven by projected economic growth, easing regulations, and favourable interest rate trends.
Below are the rankings of equipment types based on portfolio preference and future financing opportunities (both weighted and unweighted):
1. Construction
2. Tie: Machine Tools, Medical Equipment
4. Oil/Gas/Energy Equipment
5. Tech/Computers
6. Marine/Intercoastal Equipment
7. Aircraft
8. Trucks/Trailers
9. Plastics Equipment
10. Rail Equipment
11. FF&E (Furniture, Fixtures, and Equipment)
12. Tie: Automobiles, Containers/Chassis, Telecom Equipment
15. Printing Equipment
The continued dominance of construction equipment reflects robust demand for infrastructure projects, while medical equipment advances in rankings, driven by healthcare innovation and demographic trends.
“This year’s findings underscore a revitalised outlook within the equipment finance sector,” said Leigh Lytle, President and CEO of ELFA.
“The ‘What’s Hot/What’s Not’ report remains an essential tool for industry leaders aiming to adapt to changing economic conditions and market dynamics and make informed strategic decisions. By understanding equipment preferences and trends, businesses can position themselves to thrive in 2025 and beyond.”
