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Equipment Trends

Are there any notable industry regulations that have contributed to these trends?

The most notable regulation contributing to these trends is the EPA regulation governing the emissions of heavy equipment engines. This has posed both an engineering and financial challenge to manufacturers. In order to decrease the cost of sale to the buyer, engines now have greater fuel efficiency and power density and heavy equipment manufacturers have increased productivity of the machines while implementing other measures that decrease the total cost of ownership.
answer provided by Nathan Medcalf

JLG Industries, Inc. is the world's leading designer, manufacturer and marketer of access equipment. The Company's diverse product portfolio includes leading brands such as JLG® aerial work platforms; JLG, SkyTrak® and Lull® telehandlers; and an array of complementary accessories that increase the versatility and efficiency of these products. JLG is an Oshkosh Corporation Company [NYSE: OSK].
An Oshkosh Corporation Company