The global capital equipment online auction market is expected to grow by $2.12 billion during the period 2022-2026, growing at a CAGR of 21.55% during the forecast period

New York, March 08, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the publication of the report “Global Hard Asset Equipment Online Auction Market 2022-2026” – https://www.reportlinker.com/p06243672/?utm_source=GNW
55% over the forecast period. Our Online Auction of Durable Asset Equipment Market report provides holistic analysis, market size and forecast, trends, growth drivers, and challenges, along with vendor analysis covering approximately 25 suppliers.
The report offers up-to-date analysis regarding the current global market scenario, latest trends and drivers, and overall market environment. The market is driven by the shift in preference towards online auctions over conventional auctions, increased demand for used equipment auctions and increased auctions of government surplus assets. Additionally, the shift in preference towards online auctions over conventional auctions is also expected to boost the market growth.
The Online Auction of Durable Goods Equipment market analysis includes product type segment and geographical landscape.

The durable goods equipment online auction market is segmented as follows:
By product type
• Construction
• Transportation
• Agriculture
• Others

By geographical landscape
• North America
• Europe
• APAC
• Middle East and Africa
• South America

This study identifies the emergence of AI-powered online auctions as one of the major reasons for the growth of the durable equipment online auction market over the next few years. In addition, the increasing participation of foreign buyers and the growing popularity of mobile auctions will drive significant demand in the market.

The analyst presents a detailed picture of the market through study, synthesis and summation of data from multiple sources by analysis of key parameters. Our report on the online auction of durable goods equipment market covers the following areas:
• Sizing of the online auction market for durable equipment
• Market forecasts of the online auction of durable asset equipment
• Industry analysis of the durable equipment online auction market

This robust vendor analysis is designed to help clients improve their market position, and in line with that, this report provides a detailed analysis of several leading vendors in the Durable Equipment Online Auction market including Absolute Auctions and Realty Inc., Alex Lyons and Son Sales. Managers and Auctioneers Inc., AllStar Auctions Inc., Auction Technology Group, Bar None Auction, bidadoo Inc., BPI Auctions Ltd., Bruce Schapansky Auctioneers Inc., Euro Auctions UK Ltd., Hess Auction Group, JJ Kane Associates Inc., Joey Martin Auctioneers LLC, KAR Auction Services Inc., MachineWeb Inc., NetBid Industrie-Auktionen AG, Proxibid Inc., Ritchason Auctioneers Inc., Ritchie Bros. Auctioneers Inc., Sullivan Auctioneers LLC, TBAuctions BV, Terra Point LLC, WCA Inc., and WorldNet Auctions Inc. Additionally, the Hard Goods Equipment Online Auction Market Analysis Report includes information on upcoming trends and challenges that will influence the growth of the market. It’s about helping businesses strategize and take advantage of all the growth opportunities ahead.
The study was conducted using an objective combination of primary and secondary information, including contributions from key industry participants. The report contains a comprehensive market and vendor landscape in addition to an analysis of major vendors.

The analyst presents a detailed picture of the market through study, synthesis and summation of data from multiple sources through analysis of key parameters such as profit, price, competition and specials. It presents various facets of the market by identifying the major industry influencers. The data presented is comprehensive, reliable and the result of extensive research – both primary and secondary. Technavio’s market research reports provide a comprehensive competitive landscape and in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Read the full report: https://www.reportlinker.com/p06243672/?utm_source=GNW

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