Industry NewsMarket Research

Truck tractors and heavy equipment prices on the rise

December 2020 report highlights multi-terrain loaders, dozers, loaders, graders, trucks, and more VANCOUVER, BC–With its auctions 100% online due to COVID-19, Ritchie Bros. drew record buyer demand in 2020. As a result, the company’s latest Used Equipment Market Trends report is showing price inflation across all majority equipment categories. For …

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Industry NewsMarket Research

Global Construction, Mining Rental Equipment Market $273 Billion by 2030

Use of telematics and digital services in construction and mining industries is gaining prominence due to operational efficiency and better ROI, says Frost & Sullivan SANTA CLARA, CA–Frost & Sullivan’s recent analysis, Digitization and New Business Models Powering the Global Construction and Mining Equipment Market, 2030, finds that growth in …

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