US Electricians Industry Market Report 2024 - Skilled Labor Shortages and Supply Chain Disruptions Will Likely Persist Over the Next Five Years, Limiting Industry Profit

Dublin, Jan. 22, 2024 (GLOBE NEWSWIRE) -- The "Electricians in the US - Industry Market Research Report" report has been added to's offering.

The Electricians industry powers the modern economy and digital lifestyle. It includes electrical workers who service, sell and install electrical equipment and perform electrical work at a site. While most electrical work is done on new construction, a third of electrician revenue comes from electrical upgrades.

Between 2018 and 2023, electricians kept the lights on by capitalizing on a housing expansion while simultaneously continuing emergency repairs during the COVID-19 pandemic. Simultaneously, economic activity has improved, despite the pandemic still creating significant harm for the nonresidential construction and utility sectors. Despite the COVID-19 pandemic, over the past five years, industry revenue has been rising at a CAGR of 0.4%, reaching an estimated $239.1 billion in 2023, despite being projected to fall 1.4% in 2023.

This industry performs electrical work at a site and services, sells and installs electrical equipment. The electrical services performed include new work, additions, alterations, maintenance and repairs.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Key Topics Covered:


  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources



  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle


  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations


  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization



  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance


  • Industry Data
  • Annual Change
  • Key Ratios

A selection of companies mentioned in this report includes

  • Quanta Services, Inc.
  • Emcor Group, Inc.
  • Bergelectric Corporation
  • MDU Construction Services Group Inc.
  • E-J Electric Installation Co.
  • Cleveland Electric
  • Five Star Electric
  • Cupertino Electric, Inc.
  • Helix Electric, Inc.
  • Aldridge Group
  • Swinerton Incorporated
  • Arc Angel Electric
  • Motor City Electric Co.
  • Lighthouse Electric Company Inc.
  • Denier Electric Co. Inc.
  • Concert Technologies Group
  • Capital City Electrical Services Inc.
  • Center Line Electric Inc.
  • E Light Electric Services Inc.
  • Granite Construction Inc.
  • Philips Brothers Electrical Contractors Inc.
  • ESI Electrical Contractors Inc.
  • Pinnacle Communication Services
  • JMC Electrical Contractor LLC
  • Dixie Electric Company
  • National Technologies Inc.
  • Escoe Industrial
  • Generation 3 Electric & HVAC
  • IMG Technologies Inc.
  • Leer Electric Inc.
  • Montgomery Technologies LLC
  • Richard V. Carney Electrical Contractors Inc.
  • Raymond Electrical Contractor Inc.
  • Newkirk Electric Associates Inc.
  • MDC Electrical Contractor LLC
  • Fisher Electrical Contractors Inc.
  • Penco Electrical Contractors Inc.
  • MYR Group Inc.
  • AG Electrical Contractors Inc.

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