The company outlines five phenomena influencing the construction market in the next five years
JLG Industries, Inc. announced the release of a new white paper, “5 New Global Megatrends Impacting the Construction Market.” In this piece, JLG outlines five emerging phenomena shaping the 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 high highs and low 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.