Heavy Equipment is one of the most common product categories within our online marketplace. We often partner with credible equipment owners in the industry to help them find buyers around the world for their surplus and used heavy machinery.
Over the last few years, we’ve started to see a shift in the types of equipment and machinery on our Marketplace. We’ve compiled a list of the top trends to watch for in 2023:
The shift to Electrification
As the world becomes more focused on reducing carbon emissions, we can expect to see a growing demand for electric and hybrid heavy equipment. This trend is already beginning to take shape, with companies like Caterpillar and Komatsu releasing electric and hybrid models of excavators, dozers and more. As battery technology continues to improve, we can expect to see more and more heavy equipment being powered by electricity, rather than fossil fuels.
Advancements in autonomous technology.
Another trend that is likely to gain momentum is the use of autonomous technology. We are already seeing the development of autonomous excavators, bulldozers, and other heavy and mobile equipment that can operate without human intervention. This technology has the potential to increase efficiency, reduce costs, and improve safety on construction sites.
Greater emphasis on data analytics.
As the amount of data generated by heavy machinery continues to grow, we can expect to see more companies using data analytics to gain insights and optimize their operations. This might include using data to predict equipment failure, optimize energy consumption, or even predict weather patterns and schedule equipment maintenance accordingly.
Growing focus on sustainability.
Sustainability is becoming an increasingly important topic for the industry, and we can expect to see more companies taking steps to reduce their carbon footprint impact. This might include using more sustainable materials, developing more energy-efficient equipment, or implementing programs to reuse or resell older equipment that is no longer needed for ongoing operations
Leveraging the second market to buy used heavy equipment.
As the construction industry continues to recover from the economic downturn caused by the recent pandemic, we expect to see more companies turning to heavy equipment auctions, as a cost-effective alternative. Used heavy machinery sales offers organizations an opportunity to to buy high quality equipment at a fraction of the price of new equipment. This cost savings allows them to reinvest the money saved from the equipment into other areas in the business.
However, cost savings is not the only reason to consider buying used heavy equipment. Additional reasons to consider purchasing used instead of new include, reduced lead for procuring the equipment and environmental benefits of keeping usable machinery and equipment out of scrap yards and landfills. In a recent blog article, we summarized all the benefits to buying used equipment.
In summary
Overall, the heavy equipment industry is expected to continue to evolve and adapt to new technologies and trends in the coming years. Companies that are able to stay ahead of these changes and capitalize on new opportunities will be well-positioned for success in the future.
It is not always easy to adopt a new trend.. However, one of the trends we’ve seen our customers really embrace is shifting their purchasing habits to leverage the second market and buying used and surplus heavy equipment and machinery through online auctions.
Buy Used Heavy Equipment on the Aucto Marketplace.
The Aucto Marketplace was designed to connect buyers with sellers from all over the world, The platform enables buyers to source high quality heavy machinery and industrial equipment at a fraction of the price as new. Buyers can find, bid on and purchase heavy equipment and machinery they are looking for in only a few simple clicks.
Ready to start buying used heavy equipment for your organization? Follow our simple sign-up process to create a free account, and start buying in only a few clicks.
