Equipment World Digital Magazine
Issue link: https://read.dmtmag.com/i/473140
March 2015 | EquipmentWorld.com 36 March 2015 | EquipmentWorld.com 36 FLEET FLEET PROFILE roadbuilding contractors continued New, used sales trends Medium and large contractors in our segment have been much more ambitious in buying fi nanced new equipment than smaller contrac- tors. Both types of contractors purchased signifi cantly more new equipment than used equipment in 2014. With medium size contractors, new equipment purchases were 56 percent above used equipment pur- chases in 2014, while fi nanced new and used purchases were neck-and- neck in 2013. With our larger contractor slice, the trend of new fi nanced purchases over used purchases has been signifi cant since 2012, and in 2014, new purchas- es were 64 percent above the number of used equipment purchases. SMALL CONTRACTORS 700 600 500 400 300 200 100 units 2010 2011 2012 2013 2014* NEW USED MEDIUM CONTRACTORS 700 600 500 400 300 200 100 units 2010 2011 2012 2013 2014* NEW USED LARGE CONTRACTORS 700 600 500 400 300 200 100 units 2010 2011 2012 2013 2014* NEW USED *2010-2014 Source: EDA, edadata.com. Number of fi nanced units. Types of machines We'll look fi rst at the types of machines typically identifi ed as paving- specifi c, such as pavers, compactors and milling machines. The top fi nanced equipment types remained consistent between size groups. NEW PAVING EQUIPMENT TYPES, 5-YEAR TOP BUYS Small contractors, less than $25M Medium contractors, $25-$75M Large contractors, >$75M 1 Double drum compactor, 40 units 1 Double drum compactor, 72 units 1 Double drum compactor, 153 units 2 Single drum compactor, 30 units 2 Single drum compactor, 53 units 2 Single drum compactor, 54 units 3 Tracked paver, 26 units 3 Tracked paver, 41 units 3 Tracked paver, 41 units 4 Static compactor, 6 units 4 Wheeled paver, 22 units 4 Wheeled paver, 25 units 5 Wheeled paver, 6 units 5 Milling machine, 14 units 5 Milling machine, 25 units 2010-2014 Source: EDA, edadata.com FINANCED NEW EQUIPMENT TYPES, 5-YEAR TOP BUYS Small contractors, less than $25M Medium contractors, $25-$75M Large contractors, >$75M 1 Wheel loader, 205 units 1 Excavator, 311 units 1 Excavator, 254 units 2 Excavator, 155 units 2 Articulated truck, 280 units 2 Wheel loader, 219 units 3 Utility tractor, 66 units 3 Wheel loader, 186 units 3 Double drum compactor, 153 units 4 Compact track loader, 65 units 4 Class 8 truck, 152 units 4 Class 8 truck, 114 units 5 Class 8 truck, 58 units 5 LGP dozer, 120 units 5 Articulated truck, 91 units 6 Backhoe, 57 units 6 Crawler dozer, 107 units 6 Crawler dozer, 83 units 7 Articulated truck, 48 units (tie) 7 Compact track loader, 88 units 7 LGP dozer, 69 units 8 Crawler dozer, 48 units (tie) 8 Double drum compactor, 72 units 8 Motor grader, 59 units Looking at all types of equipment, not just those specifi c to road- building, the size of roadbuilder in our segment did create some sig- nifi cant differences in the top types of new fi nanced equipment and trucks purchased. Double-drum compactors, for example, were the third largest type of equipment purchased by our large size segment, but only appeared eighth on the list for medium size contractors and not at all for smaller contractors. And backhoes only appeared on the smaller size contractor top list. It should also be noted that GPS systems were listed on the top new fi nanced list for small contractors in our segment, coming in third, at 66 units fi nanced, and with medium size contractors, with 139 units fi nanced. GPS systems did not make it on the top fi nanced list for large contractors. 2010-2014 Source: EDA, edadata.com