Industry Analysis & Industry Trends
Over the past five years, the Electrical Services industry has been challenged with poor market conditions, such as falling business and consumer confidence. Key downstream industries in the Construction division have created subdued conditions for operators as private investment has been low. The onset of the global financial crisis in 2008 precipitated poor residential and commercial construction levels, adversely affecting industry performance. However, engineering construction continued to provide growth for the industry, particularly for firms associated with providing services to mining-related companies. Public capital expenditure provided assistance to the industry while private capital expenditure slumped... purchase to read more
Industry Report - Industry Locations Chapter
The spread of electrical contractors across Australia broadly corresponds with the distribution of population and economic activity, with the bulk of industry establishments (about 60%) located in the most populated states, New South Wales and Victoria.
There is a minor skew in the distribution of industry activity towards New South Wales, which possibly reflects the tendency for the commercial contracting firms to locate headquarters in Sydney, while operating in other city or regional markets. New South Wales accounts for approximately one third of Australia's population and economy, but accounts for 35% of the industry's contractors... purchase to read more