Machinery / Industrial Parts & Tools

The Ritchie Brothers September market trend report shows that compared with 2020, the total number of boom and scissor aerial work platforms sold through auctions in the United States has dropped overall, but the price of equipment has risen significantly.

Ricci Brothers stated in its report that high utilization and rental rates and OEM production delays have led to a sharp decline in the total sales of boom and scissor aerial work platforms, but the "unprecedented demand" in the market is attributed to the increase in the price of aerial equipment 29 %.

In terms of sales volume, from June to August in the United States, sales of scissor aerial work platforms were 735 units, a year-on-year decrease of 57%; sales of boom aerial work platforms were 840 units, a year-on-year decrease of 58%.

In terms of prices, in the past three months (June to August), the prices of scissor aerial work platforms in the United States have risen by 15%, and the prices of boom aerial work platforms and telescopic forklifts have both risen by 16%.

Despite these declines, Ritchie Brothers stated that the market demand for scissor platforms in August was more than twice that of the same month last year, and demand for boom lifts also exceeded the previous year.