EquipmentWatch released its 2016 Tier 4 Benchmark Report. Developed in partnership with the Association of Equipment Management Professionals (AEMP), the report analyzes responses from more than 300 major equipment and rental companies to measure the true impact of the Tier 4 Final transition on the heavy equipment industry.
The report communicates the overall adoption, acquisition and practical ownership of Tier 4 assets. EquipmentWatch and AEMP have partnered again to survey the heavy equipment community to gauge how heavy equipment operators are implementing new technology to meet Tier 4 emissions standards, as well as to better understand the reality regarding the regulation’s impact on the industry.
“This is our second annual report, and Tier 4 equipment trends are taking shape more clearly across the industry,” said Garrett Schemmel, vice president and market leader, EquipmentWatch. “We’ve taken a comprehensive approach, examining everything from purchasing trends and life cycle expectations to the effect on total cost of ownership. This is a must-have report for fleet managers, equipment dealers and finance experts, as well as OEMs.”
“AEMP is committed to empowering the heavy equipment industry with data and intelligence that helps simplify the equipment management cycle,” explained Stan Orr, CAE, president and CSO for AEMP. “This report helps create consensus on current adoption and management trends around Tier 4 equipment and its life cycle.”
EquipmentWatch and AEMP have made this report available for free download at http://intel.equipmentwatch.com/2016-tier-4-benchmark-report/.