JLG Shares New Whitepaper on Industry Megatrends
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.
About the Author
Michael Roth
Editor
Michael Roth has covered the equipment rental industry full time for RER since 1989 and has served as the magazine’s editor in chief since 1994. He has nearly 30 years experience as a professional journalist. Roth has visited hundreds of rental centers and industry manufacturers, written hundreds of feature stories for RER and thousands of news stories for the magazine and its electronic newsletter RER Reports. Roth has interviewed leading executives for most of the industry’s largest rental companies and manufacturers as well as hundreds of smaller independent companies. He has visited with and reported on rental companies and manufacturers in Europe, Central America and Asia as well as Mexico, Canada and the United States. Roth was co-founder of RER Reports, the industry’s first weekly newsletter, which began as a fax newsletter in 1996, and later became an online newsletter. Roth has spoken at conventions sponsored by the American Rental Association, Associated Equipment Distributors, California Rental Association and other industry events and has spoken before industry groups in several countries. He lives and works in Los Angeles when he’s not traveling to cover industry events.