Electricians Market Trend Analysis Research Report by Service Type (Electric Power And Systems Installation And Servicing, Telecommunications Installation And Servicing, Electronic Control System Installation And Servicing, Fire And Security System Installation And Servicing, Highway, Street, Or Bridge Lighting And Signal Installation And Servicing, Other Services), By End User (Residential, Commercial, Industrial) - Global Forecast to 2034.
Feb-2025 Formats | PDF | Category: Manufacturing | Delivery: 24 to 72 Hours
“The Electricians industry is expected to expand from $1.03 Trillion in 2025 to $ 1.67 Trillion in 2034, with a compound annual growth rate of 4.18%. “
Electricians Market: Overview and Growth in the Upcoming Year
Electricians are crucial in ensuring safety and functionality of electrical systems in homes, businesses, and public spaces, with the demand for competent electricians increasing due to increased reliance on technology and digital devices. They are essential for new building projects and infrastructure maintenance.
The electricians market is gaining momentum due to the shift towards renewable energy sources, such as solar panels and wind turbines, and advancements in smart home technology and automation, allowing electricians to specialize in sustainable technologies and provide advanced services to their clients.
The electricians market faces growth opportunities but faces challenges like competition from unlicensed contractors and regulatory changes. To protect their businesses and clients’ safety, electricians must stay updated on industry legislation and compliance standards. Establishing a professional website and social media presence can help them stand out in the competitive industry.
The electricians industry is rapidly evolving due to technological advancements, sustainability measures, and changing customer preferences. To succeed, electricians must stay updated, invest in training and certifications, and adapt to new challenges. The complex and dynamic landscape presents opportunities for individuals willing to embrace change and innovate in this essential business.
For Insights Consultancy’s latest market intelligence study, “Global Electricians Market 2025, Growth Opportunities, and Forecast,” provides a comprehensive analysis of the Manufacturing and Construction industry. The report includes demand analysis, industry insights, competition intelligence, and a customer database. It also offers strategic insights into future trends, growth determinants, supplier landscape, demand landscape, CAGR, and pricing analysis. The study also includes Porter’s Five Forces Analysis, PESTLE Analysis, Value Chain Analysis, 4 Ps’ Analysis, Market Attractiveness Analysis, BPS Analysis, and Ecosystem Analysis.
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Top Companies Covered In This Report:
- Quanta Services Inc.
- MasTec Inc.
- MYR Group Inc.
- MMR Group Inc.
- Mace Group
- Helix Electric Inc.
- IES Holdings Inc.
- EMCOR Group Inc
- Cache Valley Electric Co.
- Cleveland Electric
- TELD
- Starcharge
- State Grid Corporation of China
- TGood
- ShenZhen Carenergy Net
- Southern Power Grid
Detailed Segmentation and Classification of the report (Market Size and Forecast – 2034, Y-o-Y growth rate, and CAGR):
Segment by Service Type
- Electric Power And Systems Installation And Servicing
- Telecommunications Installation And Servicing
- Electronic Control System Installation And Servicing
- Fire And Security System Installation And Servicing
- Highway, Street, Or Bridge Lighting And Signal Installation And Servicing
- Other Services
Segment by End User
- Residential
- Commercial
- Industrial
Regional Deep-dive Analysis:
The report provides in-depth qualitative and quantitative data on the Electricians Market for all of the regions and countries listed below:
- North America includes the United States, Canada, and Mexico.
- Europe includes Germany, France, Italy, the United Kingdom, Scandinavia, Benelux, Russia, and the rest of Europe.
- Asia-Pacific includes Japan, South Korea, India, China, Southeast Asia, and Australia.
- South America (including Brazil, Argentina, and the rest of South America)
- Middle East and Africa (Saudi Arabia, UAE, Israel, South Africa)
Each country is studied in detail, and the study includes qualitative and quantitative analysis of the Electricians Market in that country.
North America
The North American electricians market is growing due to the rapid expansion of residential, commercial, and industrial sectors. The US and Canada are the main players, with a high demand for competent electricians. The integration of innovative technology and sustainable energy solutions has opened new opportunities for electricians specializing in smart home automation, renewable energy systems, and energy-efficient lighting.
Europe
Europe’s leading electricians include Germany, the UK, and France, due to strict laws and safety standards. The industry’s emphasis on quality craftsmanship and safety has attracted more young professionals. The rise of electric vehicles and smart grid infrastructures has created opportunities for specialized electricians in niche industries.
Asia Pacific
The Asia Pacific region, including China, Japan, and India, is experiencing rapid urbanization and industrialization, leading to a growing demand for skilled electricians to support infrastructure development. The rise of smart cities and digital transformation has also created opportunities for electricians to apply technology integration and system automation. Specimens in solar panel installation and energy storage systems are also in high demand.
Middle East
Middle Eastern countries like UAE, Saudi Arabia, and Qatar are experiencing significant growth in construction and oil and gas sectors, leading to a surge in the demand for qualified electricians. The implementation of safety requirements and international standards has created a competitive market for electricians, while the focus on sustainable practices and energy conservation has spurred innovation.
Recent News:
- In July 2024, Quanta Services acquired Cupertino Electric, a prominent service provider of electrical infrastructure solutions for the technology and renewable energy industries. This acquisition strengthened Quanta’s expertise, enabling robust electrical infrastructure for transmission, power generation, and consumption. Moreover, the company has also expanded Quanta’s low-voltage electrical customer base and workforce, positioning its growth in high-demand sector.
- In April 2024, APi Group has acquired Elevated Facility Services Group for accounted USD 570 million. This acquisition enhanced the company’s presence in security, life safety, and specialty services by incorporation of elevator and escalator maintenance, repairs, and inspections. This move further supported its strategic step toward increasing revenue growth, aiming for 60% of its total business to come from service-based operations.
- In March 2024, Redwood Services, a service provider for residential HVAC, electrical, and plumbing, announced its investment in Parks Heating Cooling Plumbing & Electrical. Based in North Carolina, Parks has been delivering heating, plumbing, air conditioning, drain, sewer, and electrical solutions. Furthermore, this collaboration has supported Redwood’s goal of strengthening its market presence across the U.S.
- In February 2024, Redwood Services announced a strategic investment in Crisafulli Bros. This investment augmented the Redwood’s mission to support and strengthen home service providers, enabling operational excellence and customer experience. The collaboration between both the company has accelerated growth while maintaining its legacy of reliability and quality in the industry.
The research provides answers to the following key questions:
- What is the expected growth rate of the Electricians market from 2025-2034?
- What are the key driving forces shaping the market during the forecast period?
- Who are the major market vendors and what winning strategies have helped them occupy a strong foothold in the Electricians market?
- What are the prominent market trends influencing the market’s development?
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Key insights provided by the report that could help you take critical strategic decisions?
- Regional reports analyse product/service consumption and market factors in each region.
- Reports highlight possibilities and dangers for suppliers in the Electricians business globally.
- The report identifies regions and sectors with the highest growth potential.
- It provides a competitive market ranking of major companies, as well as information on new product launches, partnerships, business expansions, and acquisitions.
- The report includes a comprehensive corporate profile with company overviews, insights, product benchmarks, and SWOT analysis for key market participants.
Customization: We can provide following things 1) On request more company profiles (competitors) 2) Data about particular country or region 3) We will incorporate the same with no additional cost (Post conducting feasibility).
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Table of Contents
1 Executive Summary
1.1 Electricians – Market Attractiveness And Macro economic Landscape
2 Table Of Contents
3 List Of Tables
4 List Of Figures
5 Report Structure
6 Market Characteristics
6.1 General Market Definition
6.2 Summary
6.3 Electricians Market Definition And Segmentations
6.4 Market Segmentation By Service Type
6.4.1 Electric Power And Systems Installation And Servicing
6.4.2 Telecommunications Installation And Servicing
6.4.3 Electronic Control System Installation And Servicing
6.4.4 Fire And Security System Installation And Servicing
6.4.5 Highway, Street, Or Bridge Lighting And Signal Installation And Servicing
6.4.6 Other Services
6.5 Market Segmentation By End User
6.5.1 Residential
6.5.2 Commercial
6.5.3 Industrial
7 Major Market Trends
7.1 Focus On Retrofit Solutions To Enhance System Efficiency
7.2 Enhancing Skill Development Through Interactive Electricians Training Apps
7.3 Strategic Acquisitions Driving Growth
7.4 Smart Grid Development And Energy Sustainability Through Facility Expansion
8 Electricians Market – Macro Economic Scenario
8.1 COVID-19 Impact On The Electricians Market
8.2 Impact Of The War In Ukraine On The Electricians Market
8.3 Impact Of High Inflation On The Electricians Market
9 Sources Of Electricians Products For Electricians Market
10 Global Market Size and Growth
10.1 Market Size
10.2 Historic Market Growth, 2019 – 2024, Value ($ Million)
10.2.1 Market Drivers 2019 – 2024
10.2.2 Market Restraints 2019 – 2024
10.3 Forecast Market Growth, 2025 – 2034, 2034F Value ($ Million)
10.3.1 Market Drivers 2025 – 2034
10.3.2 Market Restraints 2025 – 2034
11 Global Electricians Market Segmentation
11.1 Global Electricians Market, Segmentation By Service Type, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
11.2 Global Electricians Market, Segmentation By End User, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
12 Electricians Market, Regional and Country Analysis
12.1 Global Electricians Market, By Region, Historic and Forecast, 2019 – 2024, 2034F, Value ($ Million)
12.2 Global Electricians Market, By Country, Historic and Forecast, 2019 – 2024, 2034F, Value ($ Million)
13 Asia-Pacific Market
13.1 Summary
13.1.1 Market Overview
13.1.2 Region Information
13.1.3 Market Information
13.1.4 Background Information
13.1.5 Government Initiatives
13.1.6 Regulations
13.1.7 Regulatory Bodies
13.1.8 Major Associations
13.1.9 Taxes Levied
13.1.10 Corporate Tax Structure
13.1.11 Investments
13.1.12 Major Companies
13.2 Asia-Pacific Electricians Market, Segmentation By Service Type, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
13.3 Asia-Pacific Electricians Market, Segmentation By End User, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
13.4 Asia-Pacific Electricians Market: Country Analysis
13.5 China Market
13.6 Summary
13.6.1 Market Overview
13.6.2 Country Information
13.6.3 Market Information
13.6.4 Background Information
13.6.5 Government Initiatives
13.6.6 Regulations
13.6.7 Regulatory Bodies
13.6.8 Major Associations
13.6.9 Taxes Levied
13.6.10 Corporate Tax Structure
13.6.11 Investments
13.6.12 Major Companies
13.7 China Electricians Market, Segmentation By Service Type, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
13.8 China Electricians Market, Segmentation By End User, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
13.9 India Market
13.10 India Electricians Market, Segmentation By Service Type, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
13.11 India Electricians Market, Segmentation By End User, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
13.12 Japan Market
13.13 Japan Electricians Market, Segmentation By Service Type, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
13.14 Japan Electricians Market, Segmentation By End User, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
13.15 Australia Market
13.16 Australia Electricians Market, Segmentation By Service Type, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
13.17 Australia Electricians Market, Segmentation By End User, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
13.18 Indonesia Market
13.19 Indonesia Electricians Market, Segmentation By Service Type, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
13.20 Indonesia Electricians Market, Segmentation By End User, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
13.21 South Korea Market
13.22 South Korea Electricians Market, Segmentation By Service Type, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
13.23 South Korea Electricians Market, Segmentation By End User, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
14 Western Europe Market
14.1 Summary
14.1.1 Market Overview
14.1.2 Region Information
14.1.3 Market Information
14.1.4 Background Information
14.1.5 Government Initiatives
14.1.6 Regulations
14.1.7 Regulatory Bodies
14.1.8 Major Associations
14.1.9 Taxes Levied
14.1.10 Corporate tax structure
14.1.11 Investments
14.1.12 Major Companies
14.2 Western Europe Electricians Market, Segmentation By Service Type, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
14.3 Western Europe Electricians Market, Segmentation By End User, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
14.4 Western Europe Electricians Market: Country Analysis
14.5 UK Market
14.6 UK Electricians Market, Segmentation By Service Type, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
14.7 UK Electricians Market, Segmentation By End User, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
14.8 Germany Market
14.9 Germany Electricians Market, Segmentation By Service Type, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
14.10 Germany Electricians Market, Segmentation By End User, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
14.11 France Market
14.12 France Electricians Market, Segmentation By Service Type, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
14.13 France Electricians Market, Segmentation By End User, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
14.14 Italy Market
14.15 Italy Electricians Market, Segmentation By Service Type, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
14.16 Italy Electricians Market, Segmentation By End User, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
14.17 Spain Market
14.18 Spain Electricians Market, Segmentation By Service Type, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
14.19 Spain Electricians Market, Segmentation By End User, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
15 Eastern Europe Market
15.1 Summary
15.1.1 Market Overview
15.1.2 Region Information
15.1.3 Market Information
15.1.4 Background Information
15.1.5 Government Initiatives
15.1.6 Regulations
15.1.7 Regulatory Bodies
15.1.8 Major Associations
15.1.9 Taxes Levied
15.1.10 Corporate Tax Structure
15.1.11 Investments
15.1.12 Major Companies
15.2 Eastern Europe Electricians Market, Segmentation By Service Type, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
15.3 Eastern Europe Electricians Market, Segmentation By End User, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
15.4 Eastern Europe Electricians Market: Country Analysis
15.5 Russia Market
15.6 Russia Electricians Market, Segmentation By Service Type, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
15.7 Russia Electricians Market, Segmentation By End User, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
16 North America Market
16.1 Summary
16.1.1 Market Overview
16.1.2 Region Information
16.1.3 Market Information
16.1.4 Background Information
16.1.5 Government Initiatives
16.1.6 Regulations
16.1.7 Regulatory Bodies
16.1.8 Major Associations
16.1.9 Taxes Levied
16.1.10 Corporate Tax Structure
16.1.11 Investments
16.1.12 Major Companies
16.2 North America Electricians Market, Segmentation By Service Type, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
16.3 North America Electricians Market, Segmentation By End User, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
16.4 North America Electricians Market: Country Analysis
16.5 USA Market
16.6 Summary
16.6.1 Market Overview
16.6.2 Country Information
16.6.3 Market Information
16.6.4 Background Information
16.6.5 Government Initiatives
16.6.6 Regulations
16.6.7 Regulatory Bodies
16.6.8 Major Associations
16.6.9 Taxes Levied
16.6.10 Corporate Tax Structure
16.6.11 Investments
16.6.12 Major Companies
16.7 USA Electricians Market, Segmentation By Service Type, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
16.8 USA Electricians Market, Segmentation By End User, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
16.9 Canada Market
16.10 Canada Electricians Market, Segmentation By Service Type, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
16.11 Canada Electricians Market, Segmentation By End User, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
17 South America Market
17.1 Summary
17.1.1 Market Overview
17.1.2 Region Information
17.1.3 Market Information
17.1.4 Background Information
17.1.5 Government Initiatives
17.1.6 Regulations
17.1.7 Regulatory Bodies
17.1.8 Major Associations
17.1.9 Taxes Levied
17.1.10 Corporate Tax Structure
17.1.11 Investments
17.1.12 Major Companies
17.2 South America Electricians Market, Segmentation By Service Type, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
17.3 South America Electricians Market, Segmentation By End User, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
17.4 South America Electricians Market: Country Analysis
17.5 Brazil Market
17.6 Brazil Electricians Market, Segmentation By Service Type, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
17.7 Brazil Electricians Market, Segmentation By End User, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
18 Middle East Market
18.1 Summary
18.1.1 Market Overview
18.1.2 Region Information
18.1.3 Market Information
18.1.4 Background Information
18.1.5 Government Initiatives
18.1.6 Regulations
18.1.7 Regulatory Bodies
18.1.8 Major Associations
18.1.9 Taxes Levied
18.1.10 Corporate Tax Structure
18.1.11 Investments
18.1.12 Major Companies
18.2 Middle East Electricians Market, Segmentation By Service Type, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
18.3 Middle East Electricians Market, Segmentation By End User, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
19 Africa Market
19.1 Summary
19.1.1 Market Overview
19.1.2 Region Information
19.1.3 Market Information
19.1.4 Background Information
19.1.5 Government Initiatives
19.1.6 Regulations
19.1.7 Regulatory Bodies
19.1.8 Major Associations
19.1.9 Taxes Levied
19.1.10 Corporate Tax Structure
19.1.11 Investments
19.1.12 Major Companies
19.2 Africa Electricians Market, Segmentation By Service Type, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
19.3 Africa Electricians Market, Segmentation By End User, Historic And Forecast, 2019 – 2024, 2034F, Value ($ Million)
20 Competitive Landscape And Company Profiles
20.1 Company Profiles
20.2 Quanta Services Inc
20.2.1 Company Overview
20.2.2 Products And Services
20.2.3 Business Strategy
20.2.4 Financial Overview
20.3 MasTec Inc
20.3.1 Company Overview
20.3.2 Products And Services
20.3.3 Business Strategy
20.3.4 Financial Overview
20.4 MYR Group Inc
20.4.1 Company Overview
20.4.2 Products And Services
20.4.3 Financial Overview
20.5 MMR Group Inc
20.5.1 Company Overview
20.5.2 Products And Services
20.5.3 Financial Overview
20.6 Mace Group
20.6.1 Company Overview
20.6.2 Products And Services
20.6.3 Financial Overview
21 Other Major And Innovative Companies
21.1 Helix Electric Inc.
21.1.1 Company Overview
21.1.2 Products And Services
21.2 IES Holdings Inc.
21.2.1 Company Overview
21.2.2 Products And Services
21.3 EMCOR Group Inc.
21.3.1 Company Overview
21.3.2 Products And Services
21.4 Cache Valley Electric Co.
21.4.1 Company Overview
21.4.2 Products And Services
21.5 Cleveland Electric
21.5.1 Company Overview
21.5.2 Products And Services
21.6 Wayne J. Griffin Electric Inc.
21.6.1 Company Overview
21.6.2 Products And Services
21.7 Tilbury Douglas Engineering Limited
21.7.1 Company Overview
21.7.2 Products And Services
21.8 TClarke plc
21.8.1 Company Overview
21.8.2 Products And Services
21.9 MDU Construction Services Group Inc.
21.9.1 Company Overview
21.9.2 Products And Services
21.10 Motor City Electric Co.
21.10.1 Company Overview
21.10.2 Products And Services
21.11 Miller Electric Co.
21.11.1 Company Overview
21.11.2 Products And Services
21.12 E-J Electric Installation Co.
21.12.1 Company Overview
21.12.2 Products And Services
21.13 FES Limited.
21.13.1 Company Overview
21.13.2 Products And Services
21.14 Gratte Brothers Limited
21.14.1 Company Overview
21.14.2 Products And Services
21.15 McPhee Electric & Telecommunications Inc.
21.15.1 Company Overview
21.15.2 Products And Services
22 Competitive Benchmarking
23 Competitive Dashboard
24 Key Mergers And Acquisitions
24.1 Aecon Group Inc. Acquired Ainsworth Power Construction
24.2 Sojitz Corporation Acquired Freestate Electric LLC
24.3 Liberty Service Partners Acquired Luminous Electric
24.4 Quanta Services Acquired Cupertino Electric Inc.
24.5 Criticore Expands Capabilities With Acquisition Of Jenco Inc.
25 Opportunities And Strategies
25.1 Global Electricians Market In 2034 – Countries Offering Most New Opportunities
26 Electricians Market, Conclusions And Recommendations
26.1 Conclusions
26.2 Recommendations
26.2.1 Product
26.2.2 Place
26.2.3 Price
26.2.4 Promotion
26.2.5 People
27 Appendix
27.1 Geographies Covered
27.2 Market Data Sources
27.3 Research Methodology
27.4 Currencies
27.5 For Insights Consultancy
27.6 Copyright and Disclaimer
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