Electrical Wiring Installation Contractors Industry - Market Size, Trends, and Growth - 2025-2030
Industry Overview
This industry comprises establishments primarily engaged in installing and servicing electrical wiring and equipment. Contractors included in this industry may include both the parts and labor when performing work. These contractors may perform new work, additions, alterations, maintenance, and repairs. Illustrative Examples: Airport runway lighting contractors Fiber optic cable (except transmission line) contractors Alarm system (e.g., fire, burglar), electric, installation only Highway, street, and bridge lighting and electrical signal installation Audio equipment (except automotive) installation contractors Home automation system installation Lighting system installation Cable television hookup contractors Telecommunications equipment and wiring (except transmission line) installation contractors Computer and network cable installation Traffic signal installation Environmental control system installation Cable splicing, electrical or fiber optic
Source: U.S. Census BureauMarket Size and Industry Forecast
This research report analyzes the market size and trends in the Electrical Wiring Installation 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) | Included in Report |
| % Growth Rate |
| Number of Companies |
| Total Employees |
| Average Revenue per Company |
| Average Employees per Company |
Source: U.S. government financial dataIndustry Revenue ($ Billions)
Industry Forecast ($ Billions)
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 Electrical Wiring Installation Contractors companies in the United States.
Electrical Wiring Installation Contractors Revenue by State
Distribution by Company Size
| Company Size | All Industries | Electrical Wiring Installation Contractors |
|---|
| Small Business (< 5 Employees) | Included |
| Small Business (5 - 20) |
| Midsized Business (20 - 100) |
| Large Business (100 - 500) |
| Enterprise (> 500) |
Electrical Wiring Installation 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 are included).
| Industry Average | Percent of Sales |
|---|
| Total Revenue | Included |
| 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 | Included |
| Profit Margin |
| ROE |
| ROA |
| Liquidity Ratios |
| Current Ratio |
| Quick Ratio |
| Activity Ratios |
| Average Collection Period |
| Asset Turnover Ratio |
| Receivables Turnover Ratio |
| Inventory Conversion Ratio |
Salary information for employees working in the Electrical Wiring Installation Contractors industry.
| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|
| Management Occupations | 5% | Included |
| Chief Executives | 0% |
| General and Operations Managers | 2% |
| Office and Administrative Support Occupations | 9% |
| Construction and Extraction Occupations | 66% |
| Construction Trades Workers | 54% |
| Electricians | 50% |
| Electricians | 50% |
| Helpers, Construction Trades | 7% |
| Helpers, Construction Trades | 7% |
| Helpers--Electricians | 7% |
| Installation, Maintenance, and Repair Occupations | 11% |
| Electrical and Electronic Equipment Mechanics, Installers, and Repairers | 6% |
Government Contracts
The federal government spent an annual total of
$778,557,419 on the electrical wiring installation contractors industry. It has awarded 7,491 contracts to 2,128 companies, with an average value of $365,863 per company.
Top Companies in Electrical Wiring Installation Contractors and Adjacent Industries
| Company | Address | Revenue
($ Millions) |
|---|
Included |
