Industry Insights - Ritchie Bros. Europe

At the Moerdijk Live Xperience, one of the biggest equipment events of the year, three industry experts will unpack the key market trends in 2023 and what we can expect for 2024. We had a chat with Chris Sleight, Managing Director at Off-highway Research, who is one of the expert speakers at the event.

Key considerations for rental fleet adjustments in Europe

Industry InsightsSeptember 1, 2023| 4 minutes to read

In 2023 and 2024, reducing or replacing aged machines in a highly competitive market could pose new hurdles for equipment rental owners. What are the key factors to consider, to adjust their fleets accordingly? Antti Suoniemi, Strategic Accounts Manager, Rental, at Ritchie Bros., responds.

Top 10 most expensive machines sold in Europe in the first half of 2023

Industry InsightsJuly 5, 2023| 5 minutes to read

Gigantic crawler cranes, massive dump trucks and monstrous excavators, if you can think of it, we probably sold it! Fasten your seatbelts as we navigate through Europe’s top-10 most expensive machines sold through our channels in the first half of 2023.

Top 10 agricultural machines sold in 2023

Industry InsightsMay 26, 2023| 5 minutes to read

So far in 2023, we already have lots of great stories about agricultural machines that got new owners thanks to our auctions and Marketplace-E. For all the farming professionals and enthusiasts out there, we put a list together of the coolest agricultural machines we sold in Europe in 2023 to date.

Top 5 Most Expensive Machines ǀ Winter 2022

INFOGRAPHIC: Ritchie Bros. by the numbers

Bauma update #1: who's coming and who's not

The 5 Most Expensive Equipment Items Sold in Europe in 2021

More crawler excavators sold at Ritchie Bros.

Heavy equipment rental: Key trends to watch in 2023

Industry InsightsMay 12, 2023| 6 minutes to read

Digitization, supply chain disruption, and consequent aging fleets have reshaped the heavy equipment industry in the past three years. But how do these trends specifically affect the equipment rental sector? We asked Alex Schuessler, SmartEquip’s founder and president of its international group, to share his views.

More crawler excavators sold at Ritchie Bros.

Industry InsightsApril 18, 2023| 3 minutes to read

Despite an increase in fuel prices and rising inflation through 2022, this was the year with the highest volume of used crawler excavator sales at Ritchie Bros. online auctions in Europe since the pandemic, according to the latest Used Equipment Market Trends Report.

Why European construction machinery manufacturers are optimistic about 2023

Industry InsightsMarch 15, 2023| 5 minutes to read

Given the ongoing general economic challenges, some businesses view 2023 with some trepidation. However, European machinery manufacturers are far more optimistic, as Riccardo Viaggi, Secretary General of the Committee for European Construction Equipment (CECE) reveals.

New Market Trends Report out: Mini excavator sales up 92%

Industry InsightsFebruary 8, 2023| 3 minutes to read

The last three months of 2022 saw a significant increase in volume of mini excavators sold at Ritchie Bros., according to Ritchie Bros. Market Trends Report.