PUBLISHED DATE : Apr 2023 | Pages : 188
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The U.S. Electrical Contractors Market Size, Share, & Trends Analysis Report by
Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2023–2028.
188 Pages
43 Tables
76 Charts
4 Regions
1 Countries
30 Companies
4 Market Segment
| Report Attribute | Details |
|---|---|
| Market Size (2028) | USD 283.74 Billion |
| Market Size (2022) | USD 225.0 Billion |
| CAGR (2022-2028) | 3.94% |
| BASE YEAR | 2022 |
| FORECAST YEAR | 2023-2028 |
| SEGMENTS BY | Services, Application, End-Use, and Geography |
| GEOGRAPHIC ANALYSIS | U.S. (Midwest, West, Northeast, and South) |
The U.S. electrical contractors market was valued at USD 225 billion in 2022 and is expected to reach USD 283.74 billion by 2028, growing at a CAGR of 3.94%. Electrical contractors play a critical role in the U.S. construction industry and the broader economy, employing many workers and generating billions of dollars annually. They provide essential services that support the functioning of modern society, including the design, installation, and maintenance of electrical systems that power homes, businesses, and communities. With the continued growth of the U.S. economy and the increasing demand for electrical services, the U.S. electrical contractors market is expected to witness a continuous boost in the coming years.
Electrical contractors are companies or individuals who specialize in providing electrical services. They are responsible for designing, installing, maintaining, and repairing electrical systems and components in residential, commercial, and industrial settings. In terms of services, electrical contractors mainly focus on various sectors such as electrical, telecommunications, fire & security, electrical control, lightning & signal, and others. Electrical contractors typically have a team of skilled workers, including electricians, with the knowledge and experience necessary to safely and effectively complete electrical projects. Factors such as rising 5G technology, growing demand from data centers, rising shift towards clean energy, and rising demand for EV charging infrastructure have contributed to the growth of the U.S. electrical contractors market.
Rising 5G Technologies
The U.S. is among the technologically advanced countries and emerged as one of the major economies to adopt and deploy 5G commercially. Some leading telecom companies that have deployed 5G services or are expanding their 5G services across the country include Verizon, T-Mobile, CenturyLink, and AT&T, among which Verizon introduced 5G across 30 cities. Further, to deploy 5G, the upgradation of existing cell towers is required, which has led infrastructure providers to extend a network of small cells to bring technology close to the customers. In addition, 5G deployment will benefit contractors by bringing a new level and connectivity to transportation, construction sites, workplaces, and cities. As the U.S. infrastructure lags behind other countries, it needs to be upgraded to compete across the globe and also attract & maintain corporate employees. Thus, more transmission equipment and antennae are required to increase their position to support 5G networks across the country. Thus, to add underground fiber optics, antennae, and transmission nodes, electrical contractors are highly required to build out a faster network.
Rising Renovation Activities
The region's home renovation industry is growing, resulting in rising sales of building materials, appliances, and other home improvement elements. In addition, rental housing is witnessing a rising trend in the U.S., creating opportunities for home remodeling and renovation. It has been observed that in recent years, most homeowners tend to renovate their houses instead of moving into new ones. More than 28% of homeowners undertake home improvement and renovation projects as one of the important improvements in their homes. Such factors, in turn, are anticipated to boost the U.S. electrical contractors market from the renovation and retrofit industry.
Lack of Craft-Skilled Labor
Most building constructors and associations and about 65% of electrical & construction firms estimate that the lack of skilled labor will significantly impact productivity during the forecast period. Electrical firms are looking for ways to cope with the skilled labor shortage. This has created a challenge for the global electrical industry, restraining the electrical contractors market.
INSIGHTS BY SERVICE
The U.S. electrical contractors market by services can be segmented into electrical, telecommunications, fire & safety, electrical control, lightning & signal, and others. The electrical segment dominated the market in 2022 due to factors like the rise in electric vehicle charging infrastructure during the forecast period. In addition, the rise in new construction and renovation activities in residential and commercial spaces increases the demand for electrical contractors in the market. Moreover, rising electricity demand for transport is also expected to boost the demand for electrical contractor services in the market. Furthermore, many electrical service providers have enhanced their power supply to generate sustainable electrical energy, for which contractors design their services as per their customer's needs & requirements. In addition, the power supply in the US is mainly from a diversified mix of fuels. Huge construction networks of highways, railroads, processing plants, & others support the delivery of resources to generate services depending on the electrical power & electricity to operate. Hence, for this supply & generation of electricity, contractors play a major role in the process & plan of building electricity.
INSIGHT BY APPLICATION
The U.S. electrical contractors market by the application can be segmented into new construction and renovation or maintenance. In 2022, the new construction segment accounted for the largest revenue share in the U.S. electrical contractors market. High demand for new construction of houses and office spaces post-pandemic and rising industrial infrastructures are expected to drive the market. Further, the renovation or maintenance segment is anticipated to grow at a higher CAGR in the application segment. Renovation or maintenance is expected to remain strong as the population upgrades their existing homes for various purposes, such as working from home, remote learning, etc. Moreover, the modern generation is also interested in chasing and remodeling existing houses for better living. These factors are expected to promote remodeling among customers, which in turn is expected to boost the demand for electrical contractors in the market
INSIGHT BY END-USE
The outside end-use segment dominated the U.S. electrical contractors market and accounted for a more than 52% revenue share in 2022. Electrical contractors mainly focus on transmission services, distribution services, substation services, storm response, designing, emergency, and renewable energy. Major electrical contractors in the market mainly focus on constructing reliable and efficient electrical transmission, distribution, and substation systems.
Some major vendors who provide outside or line services mainly include Quanta Services, Rosendin Electric, PLH Group, Hot Line Construction, MasTec, Power Line Contractors, and others. Moreover, with the rising electrification trends, the adoption of electric vehicles in the market has increased, increasing the demand for charging points at various substations. Therefore, many firms are integrating smart grid technologies to improve their grid management and efficiencies along with emerging technologies such as electric vehicles to deliver efficient and reliable power. Therefore, electrical contractors focus on providing transmission, distribution, and substation services in the market.
The US is a leader in the electrical contractors market in North America. The majority of the population in the country is tech-savvy. It knows the various benefits of the latest technologies and smart services regarding convenience and aesthetics. Therefore, the adoption rate of contractor services is high in the country. The demand for electrical contractors is driven by various sectors such as residential and commercial construction, institutional, and more. In the Western US, improving living standards and increasing consumer spending on constructing houses with modern and multi-functional sets drive the demand for electrical contractors. In the coming years, people's living standards will rise and drive market growth during the forecast period.
In the Midwestern region, the residential construction sector continuously declines as people migrate to other states such as Florida, Texas, and California. The decline in the residential sector ultimately led to low demand for electrical contractors in the region. The rise in tourism in Florida, Texas, and California have positively impacted the hospitality industry in these states. The increasing number of tourists in the country after January 2021 boosted the construction of more hotels there. The increasing number of hotels provides opportunities for electrical contractor vendors. Premium hotels have emerged as a major contributor to the U.S. electrical contractors market.
The U.S. electrical contractors market is highly fragmented, with several top vendors operating. However, the market is witnessing consolidation, albeit at a slow pace. Some prominent players in the U.S. electrical contractors market include Quanta Services, MYR Group, EMCOR Group, MDU Resources Group, IES Holdings, MasTec, Rosendin Electric, Cupertino Electric, M.C. Dean, and ArchKey Solutions. Further, vendors compete in terms of service offerings, brand value, customization ability, price, skilled workforce, and technological capability. Most of these vendors offer assistance portals and assistance management services. They work closely with other players operating in the electrical space, such as transmission, distribution, substation, BIM, and others, to provide a rounded corporate assistance program. Vendors also tend to tie up with technology companies to develop assistance programs.
Over the past couple of years, the U.S. electrical contractors market has witnessed the entry of many external players, such as in-house services by large businesses and other entities offering discounts to drive up their share in the market. Mergers and acquisitions are common within the industry as players look to expand and become more comprehensive in their offerings. A trend witnessed among vendors in a landscape where consolidation occurs is the focus on merging two platforms. Large players join hands, and resources are spent on merging rather than innovation. While large organizations with a considerable budget have pricing, flexibility in approach, and the ability to customize solutions as their top criteria, smaller organizations do not emphasize reporting as much. Further, pricing remains the top criterion, while expertise and testimonials are at the bottom.
Frequently Asked Questions
How big is the U.S. electrical contractors market?
The U.S. electrical contractors market size was valued at USD 225 billion in 2022 and is expected to reach USD 283.74 billion by 2028.
What is the growth rate of the U.S. electrical contractors market?
The U.S. electrical contractors market is expected to grow at a CAGR of 3.94% from 2022 to 2028.
Which service segment dominates the U.S. electrical contractor market share?
The electrical services segment dominated the U.S. electrical contractors market share in 2022, accounting for over 66%.
What are the significant trends in the U.S. electrical contractors market?
Rising 5G technologies, growing demand from data centers, the increasing shift towards clean energy, and rising demand for EV charging infrastructure are significant trends in the U.S. electrical contractors industry.
What are the growth enablers in the U.S. electrical contractors market?
Growing Infrastructural Developments and Rising Renovation Activities are anticipated to be the growth enablers in the U.S. electrical contractors market.
The U.S. electrical contractors market is expected to grow at a CAGR of approximately 3.94% from 2022 to 2028.
The following factors are likely to contribute to the growth of the U.S. electrical contractors market during the forecast period:
Base Year: 2022
Forecast Year: 2023-2028
The report considers the present scenario of the U.S. electrical contractors market and its market dynamics for 2023−2028. It covers a detailed overview of several market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the market. It also profiles and analyzes leading companies and several other prominent companies operating in the market.
Key Company Profiles
Segmentation by Services
Segmentation by Application
Segmentation by End-Use
Segmentation by Region
1 RESEARCH METHODOLOGY
2 RESEARCH OBJECTIVES
3 RESEARCH PROCESS
4 SCOPE & COVERAGE
4.1 MARKET DEFINITION
4.1.1 INCLUSIONS
4.1.2 EXCLUSIONS
4.1.3 MARKET ESTIMATION CAVEATS
4.2 BASE YEAR
4.3 SCOPE OF THE STUDY
4.3.1 MARKET SEGMENTATION BY SERVICE
4.3.2 MARKET SEGMENTATION BY APPLICATION
4.3.3 MARKET SEGMENTATION BY END-USE
4.3.4 MARKET SEGMENTATION BY INSIDE END-USE
5 REPORT ASSUMPTIONS & CAVEATS
5.1 KEY CAVEATS
5.2 CURRENCY CONVERSION
5.3 MARKET DERIVATION
6 MARKET AT A GLANCE
7 PREMIUM INSIGHTS
7.1 MARKET DEFINITION
7.2 REPORT OVERVIEW
7.2.1 MARKET SNAPSHOT
7.3 OVERALL ELECTRICAL MARKET
7.4 ANALYSIS OF OPPORTUNITIES & CHALLENGES
7.5 SEGMENT ANALYSIS
7.6 REGIONAL ANALYSIS
7.7 COMPETITIVE LANDSCAPE
7.8 FREQUENTLY ASKED QUESTIONS
8 INTRODUCTION
8.1 OVERVIEW
8.1.1 NATIONAL ELECTRICAL CONTRACTORS ASSOCIATION (NECA)
8.1.2 REGULATIONS
8.1.3 SIGNIFICANT FACTORS THAT IMPACT THE MARKET
8.1.4 RISK FACTORS
8.2 OVERALL ELECTRICAL INDUSTRY
8.3 OVERALL CONSTRUCTION INDUSTRY
8.4 VALUE CHAIN ANALYSIS
9 MARKET OPPORTUNITIES & TRENDS
9.1 ADVENT OF 5G TECHNOLOGY
9.2 DEMAND FROM DATA CENTERS
9.3 SHIFT TOWARD CLEAN ENERGY
9.4 DEMAND FOR ELECTRIC VEHICLE CHARGING INFRASTRUCTURE
10 MARKET GROWTH ENABLERS
10.1 INFRASTRUCTURE DEVELOPMENT
10.2 INCREASED RENOVATION ACTIVITIES
11 MARKET RESTRAINTS
11.1 LACK OF SKILLED LABOR
11.2 VOLATILITY IN RAW MATERIAL PRICES
12 MARKET LANDSCAPE
12.1 MARKET OVERVIEW
12.2 MARKET SIZE & FORECAST
12.3 SERVICE
12.3.1 MARKET SIZE & FORECAST
12.4 APPLICATION
12.4.1 MARKET SIZE & FORECAST
12.5 END-USE
12.5.1 MARKET SIZE & FORECAST
12.6 INSIDE END-USE
12.6.1 MARKET SIZE & FORECAST
12.7 FIVE FORCES ANALYSIS
12.7.1 THREAT OF NEW ENTRANTS
12.7.2 BARGAINING POWER OF SUPPLIERS
12.7.3 BARGAINING POWER OF BUYERS
12.7.4 THREAT OF SUBSTITUTES
12.7.5 COMPETITIVE RIVALRY
13 SERVICE
13.1 MARKET SNAPSHOT & GROWTH ENGINE
13.2 MARKET OVERVIEW
13.3 ELECTRICAL
13.3.1 MARKET OVERVIEW
13.3.2 MARKET SIZE & FORECAST
13.4 TELECOMMUNICATION
13.4.1 MARKET OVERVIEW
13.4.2 MARKET SIZE & FORECAST
13.5 FIRE & SAFETY
13.5.1 MARKET OVERVIEW
13.5.2 MARKET SIZE & FORECAST
13.6 ELECTRICAL CONTROL
13.6.1 MARKET OVERVIEW
13.6.2 MARKET SIZE & FORECAST
13.7 LIGHTING & SIGNAL
13.7.1 MARKET OVERVIEW
13.7.2 MARKET SIZE & FORECAST
13.8 OTHERS
13.8.1 MARKET OVERVIEW
13.8.2 MARKET SIZE & FORECAST
14 APPLICATION
14.1 MARKET SNAPSHOT & GROWTH ENGINE
14.2 MARKET OVERVIEW
14.3 NEW CONSTRUCTION
14.3.1 MARKET OVERVIEW
14.3.2 MARKET SIZE & FORECAST
14.4 RENOVATION OR MAINTENANCE
14.4.1 MARKET OVERVIEW
14.4.2 MARKET SIZE & FORECAST
15 END-USE
15.1 MARKET SNAPSHOT & GROWTH ENGINE
15.2 MARKET OVERVIEW
15.3 OUTSIDE
15.3.1 MARKET OVERVIEW
15.3.2 MARKET SIZE & FORECAST
15.4 INSIDE
15.4.1 MARKET OVERVIEW
15.4.2 MARKET SIZE & FORECAST
15.4.3 RESIDENTIAL: MARKET SIZE & FORECAST
15.4.4 COMMERCIAL: MARKET SIZE & FORECAST
15.4.5 INDUSTRIAL: MARKET SIZE & FORECAST
15.5 INTEGRATED BUILDING SYSTEM
15.5.1 MARKET OVERVIEW
15.5.2 MARKET SIZE & FORECAST
16 REGIONAL OVERVIEW
16.1 MARKET SNAPSHOT & GROWTH ENGINE
16.2 SOUTH
16.2.1 MARKET SIZE & FORECAST
16.3 WEST
16.3.1 MARKET SIZE & FORECAST
16.4 MIDWEST
16.4.1 MARKET SIZE & FORECAST
16.5 NORTHEAST
16.5.1 MARKET SIZE & FORECAST
17 COMPETITIVE LANDSCAPE
17.1 COMPETITION OVERVIEW
18 KEY COMPANY PROFILES
18.1 ABM
18.1.1 BUSINESS OVERVIEW
18.1.2 SERVICE OFFERINGS
18.2 AMERICAN ELECTRICAL CONTRACTING
18.2.1 BUSINESS OVERVIEW
18.2.2 SERVICE OFFERINGS
18.3 ARCHKEY SOLUTIONS
18.3.1 BUSINESS OVERVIEW
18.3.2 SERVICE OFFERINGS
18.4 BERGELECTRIC
18.4.1 BUSINESS OVERVIEW
18.4.2 SERVICE OFFERINGS
18.5 CACHE VALLEY ELECTRIC
18.5.1 BUSINESS OVERVIEW
18.5.2 SERVICE OFFERINGS
18.6 COMFORT SYSTEMS USA
18.6.1 BUSINESS OVERVIEW
18.6.2 SERVICE OFFERINGS
18.7 CRETE MECHANICAL GROUP (CMG)
18.7.1 BUSINESS OVERVIEW
18.7.2 SERVICE OFFERINGS
18.8 CUPERTINO ELECTRIC
18.8.1 BUSINESS OVERVIEW
18.8.2 SERVICE OFFERINGS
18.9 E-J ELECTRIC INSTALLATION
18.9.1 BUSINESS OVERVIEW
18.9.2 SERVICE OFFERINGS
18.10 EMCOR GROUP
18.10.1 BUSINESS OVERVIEW
18.10.2 SERVICE OFFERINGS
18.11 FACILITY SOLUTIONS GROUP
18.11.1 BUSINESS OVERVIEW
18.11.2 SERVICE OFFERINGS
18.12 FAITH TECHNOLOGIES
18.12.1 BUSINESS OVERVIEW
18.12.2 SERVICE OFFERINGS
18.13 FIVE STAR ELECTRIC
18.13.1 BUSINESS OVERVIEW
18.13.2 SERVICE OFFERINGS
18.14 HELIX ELECTRIC
18.14.1 BUSINESS OVERVIEW
18.14.2 SERVICE OFFERINGS
18.15 HENKELS & MCCOY
18.15.1 BUSINESS OVERVIEW
18.15.2 SERVICE OFFERINGS
18.16 HILSCHER-CLARKE
18.16.1 BUSINESS OVERVIEW
18.16.2 SERVICE OFFERINGS
18.17 IES HOLDINGS
18.17.1 BUSINESS OVERVIEW
18.17.2 SERVICE OFFERINGS
18.18 M.C. DEAN
18.18.1 BUSINESS OVERVIEW
18.18.2 SERVICE OFFERINGS
18.19 MASTEC
18.19.1 BUSINESS OVERVIEW
18.19.2 SERVICE OFFERINGS
18.20 MDU RESOURCES GROUP
18.20.1 BUSINESS OVERVIEW
18.20.2 SERVICE OFFERINGS
18.21 MMR GROUP
18.21.1 BUSINESS OVERVIEW
18.21.2 SERVICE OFFERINGS
18.22 MYR GROUP
18.22.1 BUSINESS OVERVIEW
18.22.2 SERVICE OFFERINGS
18.23 NEW ENGLAND ELECTRICAL CONTRACTING
18.23.1 BUSINESS OVERVIEW
18.23.2 SERVICE OFFERINGS
18.24 POWER DESIGN
18.24.1 BUSINESS OVERVIEW
18.24.2 SERVICE OFFERINGS
18.25 QUANTA SERVICES
18.25.1 BUSINESS OVERVIEW
18.25.2 SERVICE OFFERINGS
18.26 REDWOOD ELECTRIC GROUP
18.26.1 BUSINESS OVERVIEW
18.26.2 SERVICE OFFERINGS
18.27 RESA POWER
18.27.1 BUSINESS OVERVIEW
18.27.2 SERVICE OFFERINGS
18.28 ROSENDIN ELECTRIC
18.28.1 BUSINESS OVERVIEW
18.28.2 SERVICE OFFERINGS
18.29 SUNGRID SOLUTIONS
18.29.1 BUSINESS OVERVIEW
18.29.2 SERVICE OFFERINGS
18.30 THE NEWTRON GROUP
18.30.1 BUSINESS OVERVIEW
18.30.2 SERVICE OFFERINGS
19 REPORT SUMMARY
19.1 KEY TAKEAWAYS
19.2 STRATEGIC RECOMMENDATIONS
20 QUANTITATIVE SUMMARY
20.1 REGION
20.2 END-USE
20.3 INSIDE END-USE
20.4 APPLICATION
20.5 SERVICE
21 APPENDIX
21.1 ABBREVIATIONS
EXHIBIT 1 SEGMENTATION OF US ELECTRICAL CONTRACTORS MARKET
EXHIBIT 2 MARKET SIZE CALCULATION APPROACH 2022
EXHIBIT 3 PREMIUM INSIGHTS OF ELECTRICAL CONTRACTORS MARKET
EXHIBIT 4 MARKET SNAPSHOT
EXHIBIT 5 KEY METRICS THAT IMPACT INDUSTRY PERFORMANCE
EXHIBIT 6 EMERGING TECHNOLOGICAL TRENDS FOR ELECTRICAL CONTRACTORS
EXHIBIT 7 LIFE CYCLE OF AN ELECTRICAL INSTALLATION
EXHIBIT 8 MAJOR ROLES OF NECA
EXHIBIT 9 BENEFITS OF MEMBERSHIP
EXHIBIT 10 MAJOR NECA ASSOCIATIONS
EXHIBIT 11 FACTORS THAT IMPACT MARKET
EXHIBIT 12 MAJOR RISKS
EXHIBIT 13 MAIN ACTIVITIES IN THE ELECTRICAL INDUSTRY
EXHIBIT 14 MAJOR PRODUCTS OR SERVICES IN ELECTRICAL INDUSTRY
EXHIBIT 15 US CONSTRUCTION VALUE (MILLION), NOVEMBER 2022
EXHIBIT 16 US NON-RESIDENTIAL CONSTRUCTION VALUE ($ MILLION), NOVEMBER 2022
EXHIBIT 17 VALUE CHAIN ANALYSIS
EXHIBIT 18 IMPACT OF ADVENT OF 5G TECHNOLOGY
EXHIBIT 19 RECENT 5G DEVELOPMENTS & INVESTMENTS
EXHIBIT 20 IMPACT OF DEMAND FROM DATA CENTERS
EXHIBIT 21 MAJOR SERVICES
EXHIBIT 22 IMPACT OF SHIFT TOWARD CLEAN ENERGY
EXHIBIT 23 IMPACT OF DEMAND FOR ELECTRIC VEHICLE CHARGING INFRASTRUCTURE
EXHIBIT 24 US: EV CHARGING POINTS (2015–2021)
EXHIBIT 25 US: EV CHARGING INFRASTRUCTURE
EXHIBIT 26 MAJOR RESPONSIBILITIES OF ELECTRICAL CONTRACTORS FOR INSTALLATION OF EV CHARGING INFRASTRUCTURE
EXHIBIT 27 IMPACT OF INFRASTRUCTURE DEVELOPMENT
EXHIBIT 28 FACTORS THAT DRIVE INFRASTRUCTURE DEVELOPMENT
EXHIBIT 29 IMPACT OF INCREASED RENOVATION ACTIVITIES
EXHIBIT 30 KEY FACTORS THAT DRIVE RENOVATION ACTIVITIES
EXHIBIT 31 IMPACT OF LACK OF SKILLED LABOR
EXHIBIT 32 MAJOR REASONS FOR SHORTAGE OF SKILLED LABOR
EXHIBIT 33 IMPACT OF VOLATILITY IN RAW MATERIAL PRICES
EXHIBIT 34 FACTORS THAT AFFECT ELECTRICAL CONTRACTORS
EXHIBIT 35 HOUSING NEW YORK: CONSTRUCTION TYPE (2016–2021)
EXHIBIT 36 US ELECTRICAL CONTRACTORS MARKET 2022–2028 ($ BILLION)
EXHIBIT 37 FIVE FORCES ANALYSIS 2022
EXHIBIT 38 INCREMENTAL GROWTH BY SERVICE 2022 & 2028
EXHIBIT 39 SEGMENTATION BY SERVICE
EXHIBIT 40 MARKET SHARE BY SERVICE (2022 & 2028)
EXHIBIT 41 FLOW CHART OF ELECTRICITY SUPPLY CHAIN
EXHIBIT 42 MAIN ACTIVITIES IN ELECTRICAL INDUSTRY
EXHIBIT 43 US ELECTRICAL CONTRACTORS MARKET BY ELECTRICAL SERVICE 2022–2028 ($ BILLION)
EXHIBIT 44 MAJOR VENDORS
EXHIBIT 45 US ELECTRICAL CONTRACTORS MARKET BY TELECOMMUNICATION SERVICE 2022–2028 ($ BILLION)
EXHIBIT 46 US ELECTRICAL CONTRACTORS MARKET BY FIRE & SAFETY SERVICE 2022–2028 ($ BILLION)
EXHIBIT 47 FUNCTIONS OF ELECTRICAL CONTROLS
EXHIBIT 48 US ELECTRICAL CONTRACTORS MARKET BY ELECTRICAL CONTROL SERVICE 2022–2028 ($ BILLION)
EXHIBIT 49 US ELECTRICAL CONTRACTORS MARKET BY LIGHTING & SIGNAL SERVICE 2022–2028 ($ BILLION)
EXHIBIT 50 US ELECTRICAL CONTRACTORS MARKET BY OTHER SERVICES 2022–2028 ($ BILLION)
EXHIBIT 51 INCREMENTAL GROWTH BY APPLICATION 2022 & 2028
EXHIBIT 52 SEGMENTATION BY APPLICATION
EXHIBIT 53 MARKET SHARE BY APPLICATION (2022 & 2028)
EXHIBIT 54 PROJECTED NEW CONSTRUCTION
EXHIBIT 55 KEY FACTORS THAT DRIVE OPPORTUNITIES FOR ELECTRICAL CONTRACTORS
EXHIBIT 56 US ELECTRICAL CONTRACTORS MARKET BY NEW CONSTRUCTION 2022–2028 ($ BILLION)
EXHIBIT 57 LEADING INDICATOR OF REMODELING ACTIVITY
EXHIBIT 58 US ELECTRICAL CONTRACTORS MARKET BY RENOVATION OR MAINTENANCE 2022–2028 ($ BILLION)
EXHIBIT 59 INCREMENTAL GROWTH BY END-USE 2022 & 2028
EXHIBIT 60 SEGMENTATION BY END-USE
EXHIBIT 61 MAJOR TYPES OF ELECTRICAL CONTRACTORS
EXHIBIT 62 MARKET SHARE BY END-USE (2022 & 2028)
EXHIBIT 63 US ELECTRICAL CONTRACTORS MARKET BY OUTSIDE END-USE 2022–2028 ($ BILLION)
EXHIBIT 64 US ELECTRICAL CONTRACTORS MARKET BY INSIDE END-USE 2022–2028 ($ BILLION)
EXHIBIT 65 US ELECTRICAL CONTRACTORS MARKET BY RESIDENTIAL END-USE 2022–2028 ($ BILLION)
EXHIBIT 66 US ELECTRICAL CONTRACTORS MARKET BY COMMERCIAL END-USE 2022–2028 ($ BILLION)
EXHIBIT 67 US ELECTRICAL CONTRACTORS MARKET BY INDUSTRIAL END-USE 2022–2028 ($ BILLION)
EXHIBIT 68 FORMS OF INTEGRATED BUILDING SYSTEMS
EXHIBIT 69 US ELECTRICAL CONTRACTORS MARKET BY INTEGRATED BUILDING SYSTEM END-USE 2022–2028 ($ BILLION)
EXHIBIT 70 INCREMENTAL GROWTH BY REGION 2022 & 2028
EXHIBIT 71 KEY FACTORS DRIVING DEMAND FOR CONTRACTORS IN COLOCATION SPACES
EXHIBIT 72 SOUTH US ELECTRICAL CONTRACTORS MARKET 2022–2028 ($ BILLION)
EXHIBIT 73 WEST US ELECTRICAL CONTRACTORS MARKET 2022–2028 ($ BILLION)
EXHIBIT 74 MIDWEST US ELECTRICAL CONTRACTORS MARKET 2022–2028 ($ BILLION)
EXHIBIT 75 NORTHEAST US ELECTRICAL CONTRACTORS MARKET 2022–2028 ($ BILLION)
EXHIBIT 76 KEY PROJECTS OF MAJOR VENDORS
LIST OF TABLES
TABLE 1 KEY CAVEATS
TABLE 2 CURRENCY CONVERSION 2016–2022
TABLE 3 PROJECTED ELECTRICIANS BY 2030
TABLE 4 US ELECTRICAL CONTRACTORS MARKET BY SERVICE 2022–2028 ($ BILLION)
TABLE 5 US ELECTRICAL CONTRACTORS MARKET BY APPLICATION 2022–2028 ($ BILLION)
TABLE 6 US ELECTRICAL CONTRACTORS MARKET BY END-USE 2022–2028 ($ BILLION)
TABLE 7 US ELECTRICAL CONTRACTORS MARKET BY INSIDE END-USE 2022–2028 ($ BILLION)
TABLE 8 ABM: MAJOR SERVICE OFFERINGS
TABLE 9 AMERICAN ELECTRICAL CONTRACTING: MAJOR SERVICE OFFERINGS
TABLE 10 ARCHKEY SOLUTIONS: MAJOR SERVICE OFFERINGS
TABLE 11 BERGELECTRIC: MAJOR SERVICE OFFERINGS
TABLE 12 CACHE VALLEY ELECTRIC: MAJOR SERVICE OFFERINGS
TABLE 13 COMFORT SYSTEMS USA: MAJOR SERVICE OFFERINGS
TABLE 14 CRETE MECHANICAL GROUP: MAJOR SERVICE OFFERINGS
TABLE 15 CUPERTINO ELECTRIC: MAJOR SERVICE OFFERINGS
TABLE 16 E-J ELECTRIC INSTALLATION: MAJOR SERVICE OFFERINGS
TABLE 17 EMCOR GROUP: MAJOR SERVICE OFFERINGS
TABLE 18 FACILITY SOLUTIONS GROUP: MAJOR SERVICE OFFERINGS
TABLE 19 FAITH TECHNOLOGIES: MAJOR SERVICE OFFERINGS
TABLE 20 FIVE STAR ELECTRIC: MAJOR SERVICE OFFERINGS
TABLE 21 HELIX ELECTRIC: MAJOR SERVICE OFFERINGS
TABLE 22 HENKELS & MCCOY: MAJOR SERVICE OFFERINGS
TABLE 23 HILSCHER-CLARKE: MAJOR SERVICE OFFERINGS
TABLE 24 IES HOLDINGS: MAJOR SERVICE OFFERINGS
TABLE 25 M.C. DEAN: MAJOR SERVICE OFFERINGS
TABLE 26 MASTEC: MAJOR SERVICE OFFERINGS
TABLE 27 MDU RESOURCES GROUP: MAJOR SERVICE OFFERINGS
TABLE 28 MMR GROUP: MAJOR SERVICE OFFERINGS
TABLE 29 MYR GROUP: MAJOR SERVICE OFFERINGS
TABLE 30 NEW ENGLAND ELECTRICAL CONTRACTING: MAJOR SERVICE OFFERINGS
TABLE 31 POWER DESIGN: MAJOR SERVICE OFFERINGS
TABLE 32 QUANTA SERVICES: MAJOR SERVICE OFFERINGS
TABLE 33 REDWOOD ELECTRIC GROUP: MAJOR SERVICE OFFERINGS
TABLE 34 RESA POWER: MAJOR SERVICE OFFERINGS
TABLE 35 ROSENDIN ELECTRIC: MAJOR SERVICE OFFERINGS
TABLE 36 SUNGRID SOLUTIONS: MAJOR SERVICE OFFERINGS
TABLE 37 THE NEWTRON GROUP: MAJOR SERVICE OFFERINGS
TABLE 38 US ELECTRICAL CONTRACTORS MARKET BY REGION 2022−2028 ($ BILLION)
TABLE 39 US ELECTRICAL CONTRACTORS MARKET BY REGION 2022−2028 (% SHARE)
TABLE 40 US ELECTRICAL CONTRACTORS MARKET BY END-USE 2022–2028 ($ BILLION)
TABLE 41 US ELECTRICAL CONTRACTORS MARKET BY INSIDE END-USE 2022–2028 ($ BILLION)
TABLE 42 US ELECTRICAL CONTRACTORS MARKET BY APPLICATION 2022–2028 ($ BILLION)
TABLE 43 US ELECTRICAL CONTRACTORS MARKET BY SERVICE 2022–2028 ($ BILLION)
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