Best Selling Financed Construction Machineries in Last Decade

The world has been revolutionized and lots of amendments have strongly been taken place in every economic sector. The same has been experienced in the global construction machinery as a number of techniques and equipments have been applied to brush up and portray the new face of industry across the globe. There are ranges of companies that are directly correlated in the making of construction equipment and many of them are well recognized brands but their sales vary from place to place. By considering the database of Randall-Reilly’s Equipment Data Associates, we will figure out the best selling brands in terms of units. The entire research is conducted by keeping in mind various aspects like we determined a number of construction based equipments with some particular models that were popular in the last decade.

Penetration of Units Financed

The database of EDA only reflects pro-financed based units in particular that means the machines that were purchased on cash or through letter of credit in last decade are not included in the given statistics. This is because the financed construction equipment holds a huge fraction of the market in most of the machine categories. The below mentioned table will shed light over the intensity of units financed that were embraced by the contractors in prior decade.

The facts above divulge the best selling finance-based construction machineries from the beginning of 2004 to the year 2013. It has been observed that skid steers is being dominated among all the given equipments in terms of units. The table shows that 186,091 units of Skid steers have been financed that includes (rentals and leases)till 2013, and it is two times greater than compact tract loaders which hold the second position in the list of most financed units in the world by posting the figure of 96,934. It is then followed by Excavators and compact excavator that comes on third and fourth place concerning highest financed product in the past 10 years. These machines were also enlisted as top construction equipments regarding financed units volume of 88,159 and 82,792 with a minor difference respectively.