Crane Hot Line December 2025 | Page 14

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Business Issues
2026 Outlook
I believe that new construction of commercial office towers will continue to be slow.
3D data capture, modeling and advancements in developing digital twins will continue to grow, as will growth in prefab and modular construction, robotics and autonomous equipment.
AI for construction applications is largely embryonic.
Much of what’ s being touted presently as“ AI” is really just task automation with a marketing wrapper.
Ask 10 people to define AI and you’ ll get
10 different answers. Development will take time. The compounding expanse of opportunity, the scale of individual projects and the sheer number of them is mind bending.
There’ s never been a better time to be in this business.
Equipment Financing
Harry Fry & Associates is a heavyequipment finance company dedicated to the crane and lift industry.
Harry Fry, Jr., its founder and CEO, presents his insights about 2026:
Predicting economic, finance and leasing trends for any period of time is at best an educated guess but really comes down to a guess based on tangible and intangible observations.
However, based on the early results of Q4 2025, forecasting finance and leasing activity in 2026 may be different due to business news heard every day.
We constantly hear about the expansion of AI in many aspects of daily life and business.
The growth of AI calls for new or expanding data centers plus their massive energy requirements.
AI’ s potential and its affiliated industries and services expected in 2026 and beyond have many believing this may be one of the greatest economic periods in our history.
The growth will be fueled primarily by capital expenditures from the private sector, which continues to raise enormous amounts of capital through the markets.
That activity will have a positive effect on the crane and lift industry for years to come.
When you add government trade deals, the door is now open for many foreign
companies to build manufacturing plants in the U. S.
Those projects will require additional equipment.
The only cloud over the finance and leasing industry will be the availability of equipment.
The tariff issue is real, due to lack of clarity on the amount or percentage of the tariff.
Even though tariff issues are concerning, the demand for new or used equipment will continue to grow.
Once tariffs are clarified and new equipment starts flowing, along with projected Federal Reserve rate cuts between 50 and 100 basis points and favorable tax law changes taking effect, this all can only lead to one conclusion: equipment finance and lease industries should expect significant growth in 2026.
Like most years, the new year may start off a little slow, with lagging equipment deliveries restricting growth a bit in the first quarter.
But by mid year, finance and lease activity should be ramping up for a very positive year overall.

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