Source: EquipmentWatch by Fusable
The first quarter of 2025 presents a mixed outlook across the construction, lift/access, and agriculture sectors. Contractors remain optimistic, with nearly 60% planning to expand their workforce, yet equipment utilization rates continue to decline, signaling cautious investment strategies. In the lift/access sector, electrification is gaining traction, but overall usage has dropped 30% over two years, reflecting shifts in fleet management priorities. Meanwhile, the agricultural market shows resilience despite global trade instability, with FMV rising 7.3% over two years and demand remaining strong. As market conditions evolve, EquipmentWatch analysts are closely monitoring these trends to provide data-driven insights that help businesses navigate uncertainty and seize opportunities.