Backlog Turns Delivery Slots Into the Scarce Commodity
Waits of around 38 months converted apparatus from a purchase into a queue position, and departments now order before budgets are formally approved to hold a slot. Manufacturers allocate production rather than chasing orders, which reversed a negotiating dynamic that had run one way for decades. Standard configurations move faster than heavily customised ones, so specification discipline has improved considerably. Whether pricing power survives normalised component supply is the question every builder is quietly modelling behind its published order intake. Nobody in the industry seems willing to answer that question out loud.
Market Impact: Cycles average 19 years per unit








