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Our Construction Equipment recruitment specialists report that the Construction Equipment market was valued at $205 billion in 2021 and is anticipated to reach $228bn by 2026. The USA is the world market leader, with an estimated value of $48 billion in 2020. Also, despite the Covid-19 pandemic, construction equipment sales hit a record 1.29 million units in 2021. Whilst the impact of the pandemic is still visible in various project timelines, the increasing focus on infrastructure and the development of automation has significantly impacted market growth.
Demand for cost-effective machines with lower emissions is forcing construction equipment manufacturers to opt for electric and hybrid vehicles over traditional hydraulic and operational ones. In addition, digitalization, connectivity, and automation are all trends driving significant change in the industry.
Speak to a Talent ExpertWith these changes in mind, construction equipment companies need to align and implement new talent and hiring strategies, which requires extraordinary leadership at all company levels. Therefore, developing talent and creating a talent pipeline for the new leaders needed for tomorrow is critical.
With an experienced construction equipment recruitment team, CSG Talent supports leading organizations in the industry with their talent strategies by helping them attract the next generation of highly-skilled leaders, commercial talent, and technical engineers who have the ability to align with and drive new strategies.
Looking to Hire Senior Level Talent or to Progress Your Career in the Construction Equipment Industry?