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Whitepaper: 5 New Global Megatrends Impacting The Construction Market

Jan 03, 2023

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Over the past few years, the global construction industry has navigated unprecedented times with high highs and low lows brought on by the unanticipated pandemic. As a result, the dynamic on today's job site has changed, new megatrends have surfaced and businesses have had to reinvent themselves to be prepared for the future.

When we look at what was impacting our industry pre-pandemic (2015-2020), we identified five key drivers:

  1. Global Marketplace
  2. Productivity Imperative
  3. Sharing Economy
  4. Digital Future
  5. Urban World

Baked within these top five trends was urbanization, the phenomenon of more and more population moving to urban centers, which was driving demand for product electrification.

When we think about the megatrends for the five years following the pandemic (2021-2025), we see new key influences emerging:

  1. Shifts in Growth and Trade
  2. Stronger Societal Deal
  3. Accelerating Disruption
  4. Digitally Powered Customer
  5. New Ways of Working

In this whitepaper, we take a closer look at each of the megatrends and share with you how they will continue to pave the way for the job site of the future. We also highlight the ways that JLG will continue to be at the forefront of this transformation, pushing the boundaries of possibility and redefining what's possible. Download below to learn more. If you're not already subscribed to receive regular updates from Direct Access, you will be prompted to enter your contact information before the download begins.

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Sara-Vincent
Sara Vincent
Director of Marketing

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