Global market valuation was derived through transaction value mapping and equipment volume analysis. The methodology included:
Identification of 50+ key stakeholders across OEM remarketing divisions, multi-location dealerships, global auction houses, and digital equipment marketplaces
Equipment mapping across earthmoving machinery (excavators, loaders, dozers), material handling equipment (cranes, forklifts), concrete and road construction equipment, and specialized machinery
Analysis of reported and modeled annual transaction values specific to used equipment portfolios by age category (<5 years, 5-10 years, 10-15 years, >15 years) and condition grade
Coverage of stakeholders representing 75-80% of global market transaction volume in 2024
Extrapolation using bottom-up (unit sales × average selling price by equipment type and region) and top-down (industry revenue validation against auction and dealer transaction data) approaches to derive segment-specific valuations