Building Equipment Contractors Industry - Market Size, Trends, and Growth - 2025-2030
Industry Overview
This industry group comprises establishments primarily engaged in installing or servicing equipment that forms part of a building mechanical system (e.g., electricity, water, heating, and cooling). The work performed may include new work, additions, alterations, maintenance, and repairs. Contractors installing specialized building equipment, such as elevators, escalators, service station equipment, and central vacuum cleaning systems, are also included. Source: U.S. Census Bureau
Market Size and Industry Forecast
This research report analyzes the market size and trends in the Building Equipment Contractors industry. It shows overall market size from 2020 to the present, and predicts industry growth through 2030. Revenues data include both public and private companies.
Historical
Forecasted
2020
2021
2022
2023
2024
2025
2026
2027
2028
2029
2030
Market Size (Total Revenue)
% Growth Rate
Number of Companies
Total Employees
Average Revenue per Company
Average Employees per Company
Source: U.S. government financial data
Industry Revenue ($ Billions)
2018
2019
2020
2021
2022
2023
2024
Advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size includes revenue generated from all products and services sold within the industry.
Geographic Breakdown by U.S. State
Market size by state reveals local opportunity through the number of companies located in the region. Each state's growth rate is affected by regional economic conditions. Data by state can be used to pinpoint profitable and nonprofitable locations for Building Equipment Contractors companies in the United States.
Building Equipment Contractors Revenue by State
Distribution by Company Size
Company Size
All Industries
Building Equipment Contractors
Small Business (< 5 Employees)
Small Business (5 - 20)
Midsized Business (20 - 100)
Large Business (100 - 500)
Enterprise (> 500)
Building Equipment Contractors Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:
Cost of goods sold
Compensation of officers
Salaries and wages
Employee benefit programs
Rent paid
Advertising and marketing budgets
The report includes a traditional income statement from an "average" company (both public and private companies included).
Industry Average
Percent of Sales
Total Revenue
Operating Revenue
Cost of Goods Sold (COGS)
Gross Profit
Operating Expenses
Operating Income
Non-Operating Income
Earnings Before Interest and Taxes (EBIT)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.
Financial Ratio
Industry Average
Profitability Ratios
Profit Margin
ROE
ROA
Liquidity Ratios
Current Ratio
Quick Ratio
Activity Ratios
Average Collection Period
Asset Turnover Ratio
Receivables Turnover Ratio
Inventory Conversion Ratio
Building Equipment Contractors Industry Compensation and Salary Surveys
Title
Percent of Workforce
Bottom Quartile
Average (Median) Salary
Upper Quartile
Management Occupations
5%
Chief Executives
0%
General and Operations Managers
2%
Office and Administrative Support Occupations
11%
Construction and Extraction Occupations
55%
Construction Trades Workers
45%
Electricians
22%
Electricians
22%
Insulation Workers
11%
Insulation Workers, Mechanical
9%
Pipelayers, Plumbers, Pipefitters, and Steamfitters
15%
Plumbers, Pipefitters, and Steamfitters
15%
Sheet Metal Workers
6%
Sheet Metal Workers
6%
Helpers, Construction Trades
5%
Helpers, Construction Trades
5%
Helpers--Electricians
7%
Other Construction and Related Workers
16%
Elevator Installers and Repairers
16%
Elevator Installers and Repairers
16%
Installation, Maintenance, and Repair Occupations
20%
Electrical and Electronic Equipment Mechanics, Installers, and Repairers
6%
Other Installation, Maintenance, and Repair Occupations
15%
Heating, Air Conditioning, and Refrigeration Mechanics and Installers
11%
Heating, Air Conditioning, and Refrigeration Mechanics and Installers
11%
Industrial Machinery Installation, Repair, and Maintenance Workers
8%
Millwrights
7%
Government Contracts
The federal government spent an annual total of $1,783,973,272 on the building equipment contractors industry. It has awarded 18,688 contracts to 5,106 companies, with an average value of $349,388 per company.
Top Companies in Building Equipment Contractors and Adjacent Industries
