JLG Industries announced the release of a new whitepaper “5 New Global Megatrends Impacting the Construction Market.” In this piece, JLG outlines five emerging phenomena that it predicts will shape the construction industry in the next five years and explains how each will affect equipment manufacturers, owners and end users.
The dynamic on today’s job site has changed thanks to the unprecedented highs and lows the construction industry has experienced because of the pandemic. Pre-pandemic, the industry was influenced by the expansion of the global marketplace, the productivity imperative, the sharing economy, the digital future and the urban world, which has driven demand for product electrification.
Post-pandemic, the industry is faced with different circumstances, including:
1) Shifts in Growth and Trade
2) Stronger Societal Deal
3) Accelerating Disruption
4) Digitally Powered Customers
5) New Ways of Working
In this whitepaper, JLG offers a closer look at each of these five new megatrends and explores the opportunities and challenges they create. The paper also highlights some of the changes that businesses may need to be on the lookout for on job sites in the future, as well as provides insights into the ways JLG will remain at the forefront of the industry’s transformation, pushing the boundaries of possibility and redefining what’s possible.
The whitepaper is now available for download on JLG® #DirectAccess. To get a free copy of JLG’s “5 New Global Megatrends Impacting the Construction Market,” visit https://www.jlg.com/en/direct-access/2023/01/03/whitepape-5-new-global-megatrends-impacting-the-construction-market or click here.
For more information on JLG products and services, visit JLG.com.