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The hard asset equipment online auction market is forecasted to grow by USD 5.37 billion during 2024-2029, accelerating at a CAGR of 28.9% during the forecast period. The report on the hard asset equipment online auction market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by shift in preference toward online auctioning from conventional auctioning, raising demand for hard asset equipment in construction industry, and rise in government surplus asset auctions.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
The hard asset equipment online auction market is segmented as below:
By Product Type
- Construction
- Transportation
- Agriculture
- Others
By Application
- Enterprise buyer
- Private buyer
By Type
- Timed auctions
- Live auctions
- Reserve auctions
- Silent auctions
- No-reserve auctions
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the hard asset equipment online auction market covers the following areas:
- Hard Asset Equipment Online Auction Market sizing
- Hard Asset Equipment Online Auction Market forecast
- Hard Asset Equipment Online Auction Market industry analysis
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Product Type
9 Market Segmentation by Application
10 Market Segmentation by Type
11 Customer Landscape
12 Geographic Landscape
13 Drivers, Challenges, and Opportunity/Restraints
14 Competitive Landscape
15 Competitive Analysis
16 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global hard asset equipment online auction market: Absolute Auctions and Realty Inc., Alex Lyon and Son Sales Managers and Auctioneers Inc., AllStar Auctions Inc., Asset Auctions, Auction Technology Group PLC, Bar None Auction, bidadoo Inc., BPI Auctions Ltd., Bruce Schapansky Auctioneers Inc., Euro Auctions UK Ltd., Heritage Global Inc., Hess Auction Group, Joey Martin Auctioneers LLC, MachineWeb Inc., NetBid Industrie Auktionen AGf, Perfection Global LLC, Ritchason Auctioneers Inc., Ritchie Bros. Auctioneers Inc., Sullivan Auctioneers LLC, and TBAuctions B.V..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of ai-based online auctions."
According to the report, one of the major drivers for this market is the shift in preference toward online auctioning from conventional auctioning.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Absolute Auctions and Realty Inc.
- Alex Lyon and Son Sales Managers and Auctioneers Inc.
- AllStar Auctions Inc.
- Asset Auctions
- Auction Technology Group PLC
- Bar None Auction
- bidadoo Inc.
- BPI Auctions Ltd.
- Bruce Schapansky Auctioneers Inc.
- Euro Auctions UK Ltd.
- Heritage Global Inc.
- Hess Auction Group
- Joey Martin Auctioneers LLC
- MachineWeb Inc.
- NetBid Industrie Auktionen AGf
- Perfection Global LLC
- Ritchason Auctioneers Inc.
- Ritchie Bros. Auctioneers Inc.
- Sullivan Auctioneers LLC
- TBAuctions B.V.
