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Global Hard Asset Equipment Online Auction Market 2022-2026: AI-Based Online Auctions Present Growth Opportunities - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Global Hard Asset Equipment Online Auction Market 2022-2026" report has been added to ResearchAndMarkets.com's offering.

The Global Hard Asset Equipment Online Auction Market is poised to grow by $ 2.12 bn during 2022-2026, progressing at a CAGR of 21.55% during the forecast period. The market is driven by shift in preference toward online auctioning from conventional auctioning, rise in demand for used equipment auctions, and rise in government surplus asset auctions. In addition, shift in preference toward online auctioning from conventional auctioning is anticipated to boost the growth of the market as well.

This study identifies the emergence of AI-based online auctions as one of the prime reasons driving the hard asset equipment online auction market growth during the next few years. Also, the growing participation of overseas buyers and the growing popularity of mobile auctioning will lead to sizable demand in the market.

Key Topics Covered:

Executive Summary

Market Landscape

Market ecosystem

Market Sizing

Market definition

Market segment analysis

Market size 2021

Market outlook: Forecast for 2021-2026

Five Forces Analysis

Market Segmentation by Product Type

Market segments

Comparison by Product Type

Construction - Market size and forecast 2021-2026

Transportation - Market size and forecast 2021-2026

Agriculture - Market size and forecast 2021-2026

Others - Market size and forecast 2021-2026

Market opportunity by Product Type

Customer Landscape

Customer landscape

Geographic Landscape

Drivers, Challenges, and Trends

Market drivers

Market challenges

Market trends

Vendor Landscape

Overview

Vendor landscape

Landscape disruption

Industry risks

Companies Mentioned

  • Absolute Auctions and Realty Inc.
  • Alex Lyon 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
  • J.J. 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 B.V.
  • Terra Point LLC
  • WCA Inc.
  • WorldNet Auctions Inc.

For more information about this report visit https://www.researchandmarkets.com/r/9226q8

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
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Industry:

Research and Markets

Release Versions
English

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

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