The mood was generally upbeat in an end-user survey conducted earlier this year by the Association of Equipment Manufacturers (AEM) to give its members a snapshot-look at market perceptions. According to the AEM Snapshot Survey, respondents overall plan to increase fleet sizes and staff levels, and many are starting to look at adopting telematics technologies.
Overall, in the AEM Snapshot Survey, 40% of respondents said they planned to increase fleet size, and an additional 29% of respondents said they would maintain their current size. Some 47% said they would achieve this through buying equipment, 13% by renting and 22% by a combination of buying and renting.
For company staffing levels, 49% said they planned to add employees during the next two years, and 33% planned to maintain current staff levels. Only 5% said they expected to reduce staff.
When asked if they had any plans to use telematics in the next 18 months, 22% said yes, they understand the technology, and an additional 15% said maybe.
“With this quick-look survey, we wanted to deliver more customer understanding for our members, a broad perspective of market conditions,” said Benjamin Duyck, AEM market intelligence analyst. “And we’ll offer another layer of insight and dialog through our follow-up questions and sharing on social media.”
To access the AEM survey results and selected analysis posted on the AEM website, click http://www.aem.org/MarketInfo/MarketIntel/Surveys/SnapshotSurvey/.
