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Industrial PC Market to Grow by USD 348.9 Million (2024-2028), AI Driven Transformation and Popularity of Modular PCs to Boost Revenue – Technavio

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NEW YORK, Sept. 18, 2024 /PRNewswire/ — Report with the AI impact on market trends- The global industrial pc market size is estimated to grow by USD 348.9 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of almost 6.61% during the forecast period. Growing popularity of modular pcs is driving market growth, with a trend towards demand for industrial pcs in wind and solar power monitoring applications. However, high cost and design complexities in industrial pcs poses a challenge. Key market players include ABB Ltd., ADLINK Technology Inc., Advantech Co. Ltd., ASUSTeK Computer Inc., Avalue Technology Inc., Axiomtek Co. Ltd., Beckhoff Automation, Dell Technologies Inc., IEI Integration Corp., Intel Corp., Kontron AG, Lanner Electronics Inc., LEX COMPUTECH Co. Ltd., Moxa Inc., OMRON Corp., OnLogic Inc., Qisda Corp., Rockwell Automation Inc., Siemens AG, and Syslogic Datentechnik AG.

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Product Type (Panel, Rackmount, Box, Embedded panel, and Others), End-user (Industrial, Transportation and traffic, Healthcare, Telecom and datacom, and Others), and Geography (APAC, North America, Europe, South America, and Middle East and Africa)

Region Covered

APAC, North America, Europe, South America, and Middle East and Africa

Key companies profiled

ABB Ltd., ADLINK Technology Inc., Advantech Co. Ltd., ASUSTeK Computer Inc., Avalue Technology Inc., Axiomtek Co. Ltd., Beckhoff Automation, Dell Technologies Inc., IEI Integration Corp., Intel Corp., Kontron AG, Lanner Electronics Inc., LEX COMPUTECH Co. Ltd., Moxa Inc., OMRON Corp., OnLogic Inc., Qisda Corp., Rockwell Automation Inc., Siemens AG, and Syslogic Datentechnik AG

Key Market Trends Fueling Growth

The renewable energy sector’s growth, particularly in solar and wind power generation, presents new application areas for industrial PCs. In wind power generation, embedded industrial PCs act as wind turbine controllers, monitoring power feeds, adjusting wind speed, recording data, and notifying errors. With the increasing adoption of automation, end-users prefer integrated systems of embedded PCs, EtherCAT fieldbus systems, and software for controlling tasks, grid synchronization, and communication. Industrial PCs’ advanced processors enhance their performance, and they can withstand harsh wind farm environments. Offshore wind farms’ growth drives the need for remote monitoring solutions, such as Beckhoff Automation’s multi-user web application for its CX5010 embedded PC. In solar power generation, solar tracking technology increases efficiency, necessitating industrial PCs for monitoring and data analysis. The global shift from fossil fuel-based power plants to solar and wind power is expected to drive industrial PC market growth during the forecast period. 

The Industrial PC (IPC) market is witnessing significant trends that are shaping the future of industrial automation. Decision-making processes in industries are becoming faster with the demand for low latency and high bandwidth requirements. Cloud connectivity enables real-time data access for machine learning applications in quality control and autonomous operations. Rack Mount, Box, Embedded, DIN Rail IPCs cater to various industry needs. Healthcare, Chemical, Aerospace and Defense, Semiconductor and Electronics, Energy and Power, Oil and Gas, and Process industries are key sectors driving the IPC market. Industrial IoT, IT infrastructure, ICS, and IT networks are integral to IPC applications. Cybersecurity concerns and information availability are crucial factors. Resistive and Capacitive Touchscreens enhance user experience. Direct and Indirect sales channels serve diverse customer needs. Automation, operational intelligence, asset management, and automation tools are essential for industries to stay competitive. 

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Market Challenges

The industrial PC market faces significant challenges due to the high cost and complex design requirements of industrial PCs compared to commercial PCs. Industrial PCs are engineered to operate in harsh environments and necessitate ruggedized components, specialized enclosures, and thermal management systems. Basic industrial PCs range from USD1,000 to USD3,000, while advanced models can cost upwards of USD5,000 to USD10,000 or more. These high upfront costs can deter potential buyers, particularly small and medium-sized enterprises (SMEs), from investing. Industrial PCs often need customization to meet unique industrial application needs, such as compatibility with legacy systems, industrial automation protocols, and industry-specific standards and regulations. Designing and configuring industrial PCs for specific use cases is time-consuming and labor-intensive, increasing development costs and extending lead times. The need for specialized expertise in industrial PC design and deployment further adds to the overall cost and complexity. Consequently, some organizations may opt for alternative computing solutions or delay investments, hindering the growth of the industrial PC market.Industrial PCs (IPCs) play a crucial role in the digital transformation of industries, particularly in Process Industries and Automation. With the rise of Industrial IoT (IIoT), IT infrastructure becomes essential for managing data from various sensors and devices. IPCs enable operational intelligence, asset management, and automation tools for factory tasks. However, challenges such as cybersecurity concerns, information availability, and e-communication require IT networks and cybersecurity measures like encryption, firewalls, intrusion detection systems, and secure boot mechanisms. IPCs are available in various forms like Panel IPCs, DIN Rail IPCs, and fanless cooling technologies, catering to diverse industrial applications. Industry 4.0 and cyber-physical systems demand cableless connectivity and edge computing for real-time data processing. Semiconductor & electronics industries, including the Semiconductor Industry Association, are investing in IPCs for computing, data analysis, visualization, and cybersecurity. In the medical services industry, communication gateways and visualization gateways facilitate connected factory networks. Cyberattacks necessitate continuous product innovation and cybersecurity measures.

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Segment Overview 

This industrial pc market report extensively covers market segmentation by

Product Type1.1 Panel1.2 Rackmount1.3 Box1.4 Embedded panel1.5 OthersEnd-user 2.1 Industrial2.2 Transportation and traffic2.3 Healthcare2.4 Telecom and datacom2.5 OthersGeography 3.1 APAC3.2 North America3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Panel- The industrial PC market is primarily driven by the panel PC segment, which is expected to maintain its dominance throughout the forecast period. End-users are increasingly demanding compact panel PCs for modern industrial and commercial facilities. In response, vendors are offering stylish, rugged panel PCs with features such as wide temperature support, IP-rated enclosures, multi-touch capabilities, remote displays, and sunlight-readable and anti-scratch screens. Another growing trend is the preference for fanless panel PCs, which are more durable and reliable due to their cooling system and spindle-free storage facilities. Vendors cater to various end-user requirements by offering different types of fanless panel PCs, such as light fanless touch panel PCs for HMI applications, heavy-duty fanless touch panel PCs for harsh environments, and stainless touch panel PCs for wet or dusty spaces. The addition of new features and end-users’ demand for advanced PCs will fuel the growth of the panel segment in the global industrial PC market.

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Research Analysis

The Industrial PC (IPC) market is experiencing significant growth due to the increasing adoption of Industrial IoT (IIoT) and Industry 4.0. IPCs play a crucial role in IT infrastructure for Industrial Control Systems (ICS), enabling real-time data processing and analysis at the edge. With the rise of cybersecurity concerns, IPCs are being equipped with advanced encryption and cybersecurity features to protect against cyberattacks. IPCs facilitate e-communication and IT networks, enabling seamless data transfer between industrial assets and central systems. Panel IPCs are increasingly popular for asset management and automation tasks in factories, with fanless cooling technologies ensuring reliable operation in harsh environments. Product innovation in IPCs includes cableless connectivity, AI integration, and edge computing capabilities, enabling data analysis and visualization in real-time. Cybersecurity remains a top priority, with companies investing in advanced encryption and cybersecurity measures to protect against potential threats. Industrial PCs are essential components of cyber-physical systems, enabling the integration of computing, data analysis, and visualization in industrial processes. The market is expected to continue growing as companies seek to optimize their operations and improve efficiency through the use of advanced technology.

Market Research Overview

The Industrial PC (IPC) market is experiencing significant growth due to the increasing adoption of Industrial IoT (IIoT) and IT infrastructure in various industries. IPCs play a crucial role in automation, operational intelligence, asset management, and factory tasks by providing computing power at the edge of IT networks. The process industries, semiconductor & electronics, medical services industry, and others are leveraging IPCs for real-time data processing, decision-making, and cybersecurity. IPCs come in various forms, including Panel IPCs, Rack Mount IPCs, Box IPCs, Embedded IPCs, and DIN Rail IPCs. These IPCs offer cableless connectivity, fanless cooling technologies, and resistive or capacitive touchscreens to cater to diverse industrial applications. The integration of AI, IoT, Big Data analytics, and cybersecurity solutions in IPCs is driving product innovation. However, cybersecurity concerns remain a significant challenge, with the need for encryption, firewalls, intrusion detection systems, secure boot mechanisms, and cloud connectivity. Industry 4.0, cyber-physical systems, and connected factory networks are transforming industries, requiring secure IPCs for edge computing and data processing. The Semiconductor Industry Association and semiconductor companies are investing in IPCs to meet the bandwidth requirements and latency demands of Industry 4.0 applications. IPCs are essential for various industries, including healthcare, chemical, aerospace and defense, energy and power, oil and gas, and more, to ensure quality control, autonomous operations, and real-time data visualization. Direct and indirect sales channels are used to reach customers in these industries.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

Product TypePanelRackmountBoxEmbedded PanelOthersEnd-userIndustrialTransportation And TrafficHealthcareTelecom And DatacomOthersGeographyAPACNorth AmericaEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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Parliamentary Secretary Rochefort to participate in a milestone event

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HUNTSVILLE, ON, Nov. 6, 2026 /CNW/ — Pauline Rochefort, Parliamentary Secretary to the Secretary of State for Rural Development, on behalf of the Minister of Energy and Natural Resources, the Honourable Tim Hodgson, will take part in a forestry milestone event. Media availability will follow.  

Date: Monday, November 9, 2026

Time: 9 a.m. ET

All accredited media are asked to pre-register by emailing media@nrcan-rncan.gc.ca. Details on how to participate will be provided upon registration.

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IDP Introduces Agent-Native System of Action, Unifying Humans and AI Agents in One Enterprise Workspace

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Powered by proprietary Universal Agent Protocol™ (UAP), IDP unifies AI agent development, reasoning, orchestration, customer intelligence and enterprise execution. Tim Dahle and Red Rock Auto Group report 2X the appointment conversion rate of traditional BDC operations.

CAPE CORAL, Fla., Nov. 6, 2026 /PRNewswire/ — IDP (ID Privacy AI), an agentic AI technology company, today introduced its Agent-Native System of Action, a unified enterprise platform that enables human employees and AI agents to share customer intelligence, coordinate workflows and execute business tasks across existing enterprise systems.

Powered by its proprietary Universal Agent Protocol™ (UAP), IDP combines AI agent development, intelligent reasoning, multi-agent orchestration, persistent customer intelligence and enterprise execution in one operating environment. 

Through MyIDP.app, employees and AI agents collaborate within a shared workspace while existing CRM, DMS, scheduling and communication platforms remain in place.

To learn more about IDP, its platform and solutions, visit https://www.tryidp.com. 

The announcement is supported by customer-reported results from Tim Dahle and Red Rock Auto Group, where Josh Worthington, Vice President of Operations, reports a 12% appointment conversion rate compared with approximately 6% through traditional BDC operations, representing twice the reported conversion rate.

“The difference with IDP has been incredible,” said Worthington. That’s double the conversion rate, and we’re accomplishing it with technology designed to actually execute the work.”

Solving Decades of Enterprise Fragmentation

“For decades, automotive software has been fragmented, leaving dealerships with disconnected data and workflows,” says Albert Thompson, Founder and CEO of IDP. “Adding standalone AI agents to this broken infrastructure only compounds the chaos. Instead of more disjointed tools, IDP’s Agent-Native System of Action connects existing investments through a universal execution layer.”

From AI Conversations to Completed Business Outcomes

For automotive retailers, the difference between conversational AI and operational execution is particularly visible in service scheduling.

An AI agent may successfully answer a customer’s call, but completing the request requires access to customer records, dealership policies, scheduling availability and operational systems.

When those systems remain disconnected, employees must manually complete or verify the work.

“Automotive AI providers often fail to connect customer conversations with execution,” Worthington noted. “Our previous platform couldn’t schedule appointments or generate tasks, forcing employees to manually review every interaction. Instead of eliminating work, it just created another system for them to babysit.”

IDP’s approach prioritizes completed business outcomes, including confirmed appointments, coordinated follow-up, exception handling and operational visibility.

Systems of record preserve business information. IDP’s System of Action coordinates the work.

Dealer Leadership Perspective: The Future of Automotive AI

As automotive retailers evaluate AI adoption, dealer leadership is increasingly focused on technologies that connect existing investments, support employees and deliver measurable operational value.

Paul Sansone Jr., Founder, Sansone Jr Auto Group 

“My advice to operators is simple: the train is already moving, and it’s moving fast. I really believe the dealerships that figure out how to combine great people with great technology are going to have a significant competitive advantage over the next several years.”

The Technology Behind IDP’s Agent-Native System of Action

IDP’s platform combines five complementary capabilities designed to support the lifecycle of enterprise AI agents, from development and deployment through reasoning, orchestration, execution and human collaboration.

Agent Studio: AI Agent Development and Management. IDP’s Agent Studio enables businesses to configure, deploy and manage AI agents across voice, SMS, email and web channels. Reusable agent configurations support business-specific workflows, operating policies and escalation requirements.Intelligent Reasoning and Multi-Agent Orchestration. IDP’s reasoning and orchestration capabilities are designed to interpret customer intent, apply shared context, coordinate multi-step workflows and delegate supported actions between agents and employees. Business rules and human oversight help govern execution.Universal Agent Protocol™ (UAP): Enterprise Execution. UAP is IDP’s proprietary business-action abstraction, orchestration and execution framework. It is designed to translate business objectives into authorized actions across supported CRM, DMS, scheduling and enterprise applications. Unlike connectivity protocols that primarily expose tools to AI applications, UAP addresses the additional requirements of coordinating business workflows, applying permissions, managing exceptions and verifying outcomes.Context Graph: Unified Customer Intelligence. IDP’s Context Graph connects available customer identity, vehicle relationships, website signals, communication history and operational events across supported systems. By combining existing records with available real-time signals, it creates a continuously enriched customer context that employees and agents can use throughout sales, service and ownership lifecycle interactions.MyIDP.app: The Human-Agent Enterprise Workspace. MyIDP.app provides a shared working environment where employees and AI agents can review conversations, coordinate tasks, guide agent behavior and manage exceptions. Employees can direct supported agent workflows and customer engagement while maintaining visibility into operational activity, using: Teach to provide guidance to agentsTell to direct supported actionsBlasts for configured customer outreach

“The future isn’t humans versus AI,” Thompson said. “It’s humans and AI working as one team. Employees should be able to teach agents, delegate work, understand what’s happening and step in when their judgment matters.”

Built in Automotive. Designed for Enterprise.

IDP’s technology has supported more than 130,000 booked automotive appointments, providing operating experience across customer engagement, scheduling and dealership workflows.The company has developed its platform within an automotive ecosystem that includes dealership groups, enterprise software integrations and OEM certification programs involving Nissan, INFINITI and Mitsubishi.IDP’s architecture is designed to support both its own AI agents and compatible third-party agent technologies, creating opportunities for enterprises and software partners to use shared intelligence and execution capabilities without replacing existing systems of record.The company is exploring applications beyond automotive, including retail, hospitality and home services, where fragmented software, customer engagement and workforce coordination present similar challenges.

Automotive retail provides a demanding proving ground for agent-native execution, with customer interactions spanning multiple systems, departments and communication channels.

“Automotive is where we’re building and proving this model, but the problem exists in almost every industry,” Thompson said. “The next major shift in enterprise software isn’t another CRM, another dashboard or another AI assistant. It’s a System of Action where humans and AI agents share the intelligence, authority and infrastructure to actually get things done.”

To learn more about IDP and the System of Action, visit https://tryidp.com. You can see the system in action, listen to sample calls, and work with an IDP AI agent to schedule a demo.

About IDP

IDP (ID Privacy AI) is an agentic AI technology company developing an Agent-Native System of Action for automotive retail and enterprise operations.

Its platform combines AI agent development, intelligent reasoning, multi-agent orchestration, proprietary Universal Agent Protocol™ (UAP), persistent customer intelligence through Context Graph, and human-agent collaboration through MyIDP.app.

IDP connects AI-powered voice, SMS, email and web engagement with existing enterprise systems and supported business workflows.

Headquartered in Cape Coral, Florida, IDP is advancing an operating model in which humans and AI agents share intelligence, coordinate actions and complete measurable business work.

Website: https://tryidp.com 

Media Contact:
Albert Thompson
Founder & CEO, IDP
albert@idprivacy.ai
443-370-9143

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Used Truck and Trailer Inventory Down in October as Semi-Trailer Auction Values Jump Nearly 20%

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LINCOLN, Neb., Nov. 6, 2026 /PRNewswire/ — The newest Sandhills Global market reports, which cover October data for used trucks and equipment on TruckPaper.com, TractorHouse.com, MachineryTrader.com, and other Sandhills platforms, underscore inventory declines across most market segments. Inventory dropped lower than year-ago levels in every market except for aerial lifts and forklifts. Year-over-year inventory decreases were sharpest among used heavy-duty trucks, semi-trailers, and medium-duty trucks.

“Although inventory remains low, prices are solid,” says Truck Paper manager Scott Lubischer. “There is higher demand for lower-mileage units, which are performing well compared to higher-mileage trucks. On the trailer front, demand is picking up and trailer inventory is getting some much-needed attention.” Auction values for used semi-trailers were up 3.18% month-over-month and 19.64% Y/Y in October, led by used dry van and refrigerated trailers.

Used aerial lifts and forklifts showed the opposite pattern. Compared to year-ago figures, inventory levels in these markets were up and values were down. In the used farm equipment market, inventory levels for high-horsepower tractors were down 12% from the previous year, continuing a 17-month downward trend despite a slight monthly increase.

The key metric in all of Sandhills’ market reports is the Sandhills Equipment Value Index (EVI). Buyers and sellers can use the information in the Sandhills EVI to monitor equipment markets and maximize returns on acquisition, liquidation, and related business decisions. The Sandhills EVI data include equipment available in auction and retail markets and model-year equipment actively in use. EVI spread measures the percentage difference between asking and auction values.

Market Report Details
Sandhills market reports highlight the most significant changes in Sandhills’ used heavy-duty truck, semi-trailer, farm machinery, and construction equipment markets. Key points from the current reports are listed below. Full reports are available upon request.

U.S. Used Heavy-Duty Trucks

Inventory levels of used day cab and sleeper trucks decreased 0.83% M/M and 37.25% Y/Y in October and are trending down for the 11th consecutive month. Used day cab trucks had the largest M/M inventory change, down 8.39%, while used sleeper trucks had the largest Y/Y decline of 39.22%.Asking values dipped 0.24% M/M but increased 2.12% Y/Y and are trending up. Used sleeper trucks had the largest asking value changes, down 1.16% M/M and up 2.28% Y/Y.Auction values slipped 0.16% M/M but rose 6.09% Y/Y and are trending sideways. Used day cab trucks had the largest M/M auction value increase at 1.46%, while used sleeper trucks posted the largest Y/Y gain of 6.72%.

U.S. Used Semi-Trailers

Inventory levels of used semi-trailers decreased 3.85% M/M and 33.92% Y/Y in October and are trending down for the 15th consecutive month. Used dry van trailers had the largest M/M inventory decrease at 9.16%, while used reefer trailers experienced the steepest Y/Y decline of 45.05%.Asking values rose 1.46% M/M and 9.46% Y/Y and are trending up. Used reefer trailers had the largest asking value increases, climbing 2.86% M/M and 17.04% Y/Y.Auction values increased 3.18% M/M and jumped 19.64% Y/Y and are trending up. Used dry van trailers had the largest M/M auction value gain of 10.94%, while used reefer trailers posted the strongest Y/Y increase at 29.44%.

U.S. Used Medium-Duty Trucks

Inventory levels of used medium-duty trucks dipped 0.19% M/M and dropped 29.42% Y/Y in October and are trending down for the 14th month in a row.Asking values increased marginally by 0.2% M/M but decreased 3.52% Y/Y, continuing a six-month-long downward trend.Auction values declined 1.57% M/M and 4.81% Y/Y and are also trending down for the sixth consecutive month.

U.S. Used Tractors 100 Horsepower and Greater

Inventory levels in the used high-HP tractor market increased 1.38% M/M in October but decreased 12.28% Y/Y and are trending down for the 17th month in a row. Used 100- to 174-HP tractors had the largest inventory changes, up 5.23% M/M and down 12.88% Y/Y.Asking values edged up 0.15% M/M and increased 1.07% Y/Y and are trending sideways. Used 100- to 174-HP tractors had the largest M/M asking value increase at 0.31%, while used 175- to 299-HP tractors posted the strongest Y/Y gain of 3.57%.Auction values dipped 0.81% M/M but rose 4.43% Y/Y and are trending sideways. Used tractors with 300 HP and greater had the largest M/M auction value change, down 1.38%, while used 175- to 299-HP tractors had the largest Y/Y increase at 6.7%.The EVI spread, which measures the percentage difference between asking and auction values, was 32% in October, a one-percentage-point increase from September.

U.S. Used Combines

Used combine harvester inventory levels dropped 6.11% M/M and 9.67% Y/Y in October and are trending down.Asking values increased slightly, rising 0.21% M/M, but decreased 2.68% Y/Y and are trending down.Auction values increased 1.23% M/M but fell 0.88% Y/Y and are trending down for the fifth consecutive month.The EVI spread was 36%, a two-percentage-point decrease from September.

U.S. Used Sprayers

Inventory levels of used sprayers increased 4.72% M/M in October, declined 12.93% Y/Y, and are trending sideways.Asking values rose 1.85% M/M, fell 3.14% Y/Y, and are trending sideways.Auction values increased 1.64% M/M but decreased 2.24% Y/Y and are trending sideways.The EVI spread was 37%, unchanged from September.

U.S. Used Planters

Used planter inventory levels increased 1.42% M/M in October, decreased 14.04% Y/Y, and are trending up.Asking values dipped marginally by 0.05% M/M but climbed 6.79% Y/Y and are trending sideways.Auction values decreased 0.92% M/M but jumped 15.41% Y/Y and are trending sideways.The EVI spread was 45%, a one-percentage-point increase from September.

U.S. Used Self-Propelled Forage Harvesters

Inventory levels in this market increased marginally by 0.83% M/M in October but decreased 5.43% Y/Y and are trending sideways.Asking values declined 1.38% M/M and 1.15% Y/Y and are trending down.Auction values decreased 1.72% M/M and 1.11% Y/Y and are trending down.

U.S. Used Compact and Utility Tractors

Inventory levels in this market increased 6.04% M/M in October but fell 17.32% Y/Y and are trending sideways. Used tractors with less than 40 HP had the largest inventory changes, up 6.82% M/M and down 18.29% Y/Y.Asking values dipped marginally by 0.06% M/M but increased 1.82% Y/Y and are trending sideways. Used tractors with less than 40 HP had the largest M/M asking value change, down 0.3%, while used 40- to 99-HP tractors had the largest Y/Y increase at 1.88%.Auction values were nearly unchanged M/M, decreasing 0.01%, but increased 1.23% Y/Y and are trending down. Used tractors with less than 40 HP had the largest auction value changes, down 0.61% M/M and up 1.23% Y/Y.

U.S. Used Heavy-Duty Construction Equipment

Inventory levels in this market increased 0.73% M/M but decreased 9.62% Y/Y in October and are trending down. Used crawler dozers had the largest M/M inventory change, up 1.55%, while used wheel loaders posted the largest Y/Y decline of 12.27%.Asking values decreased 0.95% M/M and 3.64% Y/Y and are trending down for the sixth consecutive month. Used crawler excavators had the largest asking value changes, down 2.62% M/M and 6.29% Y/Y.Auction values fell 2.04% M/M and 4.95% Y/Y and are trending down for the fifth month in a row. Used crawler excavators posted the largest auction value decreases, dropping 4.05% M/M and 6.31% Y/Y.

U.S. Used Medium-Duty Construction Equipment

Inventory levels of used medium-duty construction equipment increased 3.04% M/M but decreased 10.23% Y/Y in October and are trending sideways. Used mini excavators had the largest M/M inventory increase at 5.65%, while used loader backhoes posted the steepest Y/Y decline of 23.18%.Asking values fell 0.56% M/M and 1.18% Y/Y and are trending down. Used loader backhoes had the largest M/M asking value decrease at 1.01%, while used mini excavators had the largest Y/Y decline of 3.17%.Auction values decreased 1.16% M/M and 1.09% Y/Y and are trending down. Used mini excavators had the largest auction value changes, down 2.89% M/M and 3.58% Y/Y.

U.S. Used Aerial Lifts

Inventory levels of used aerial lifts increased 6.59% M/M and 4.12% Y/Y in October and are trending up. Used slab scissor lifts had the largest M/M inventory increase at 7.33%, while used articulating boom lifts posted the strongest Y/Y gain of 13.7%.Asking values decreased 2.33% M/M and 2.76% Y/Y and have been trending down for five months. Used rough-terrain scissor lifts had the largest M/M asking value decline at 3%, while used telescopic boom lifts had the largest Y/Y decrease of 4.29%.Auction values dipped 0.22% M/M and fell 3.6% Y/Y and are trending down for the sixth consecutive month. Used articulating boom lifts had the largest auction value decreases, down 0.93% M/M and 4.45% Y/Y.

U.S. Used Forklifts

Used forklift inventory levels decreased 2.79% M/M but climbed 11.41% Y/Y in October and are trending up for the sixth consecutive month. Used cushion-tire forklifts had the largest inventory changes, down 4.46% M/M and up 14.06% Y/Y.Asking values declined 1.97% M/M and 4.33% Y/Y and are trending down. Used cushion-tire forklifts posted the largest asking value decreases, falling 2.21% M/M and 7.19% Y/Y.Auction values decreased 1.34% M/M and 5.95% Y/Y and are trending down. Used cushion-tire forklifts had the largest auction value declines, dropping 3.11% M/M and 15.16% Y/Y.

U.S. Used Telehandlers

Inventory levels of U.S. used telehandlers increased 0.91% M/M but decreased 3.95% Y/Y. Used telehandler inventory levels are currently trending up.Asking values declined 1.39% M/M and 8% Y/Y and are trending down for the fifth consecutive month.Auction values decreased 0.39% M/M and 5.88% Y/Y and have been trending down for five months.

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For more information or to receive detailed analysis from Sandhills Global, contact us at marketreports@sandhills.com.

About Sandhills Global
Sandhills Global is an information processing company headquartered in Lincoln, Nebraska. Our products and services gather, process, and distribute information through trade publications, websites, and online services that connect buyers and sellers across the construction, agriculture, forestry, oil and gas, heavy equipment, commercial trucking, and aviation industries. Our integrated, industry-specific approach to hosted technologies and services offers solutions that help businesses large and small operate efficiently and grow securely, cost-effectively, and successfully. Sandhills Global—we are the cloud.

About the Sandhills Equipment Value Index
The Sandhills Equipment Value Index (EVI) is a principal gauge of the estimated market values of used assets—both currently and over time—across the construction, agricultural, and commercial trucking industries represented by Sandhills Global platforms, including AuctionTime.com, TractorHouse.com, MachineryTrader.com, TruckPaper.com, and other industry-specific equipment platforms. Powered by Value Insight Portal (VIP+), Sandhills’ proprietary asset valuation tool, Sandhills EVI provides useful insights into the ever-changing supply-and-demand conditions for each industry.

Contact Sandhills
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