Powerless: Revenue declines as demand from residential building construction decreases

IBISWorld’s Electrical Services market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.


Market Share of Companies
There are no companies with a dominant market share in this industry
Industry Statistics & Market Size
Annual Growth
2012 - 2017
Annual Growth
2017 - 2022

Industry Threats & Opportunities

  • Contractors have endured subdued demand conditions from key building markets
  • Intense competition in key building markets forced contractors to reduce prices, hurting margins
  • The industry is projected to benefit from improved demand across key construction markets

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    Industry Analysis & Industry Trends

    The Electrical Services industry is one of the largest special construction industries and is an integral input for a range of downstream construction and industrial markets. The industry's activities include the installation and maintenance of basic electrical circuitry on buildings and industrial equipment, and the installation of electric lights, power facilities and instrumentation. Contractors have endured subdued demand conditions from key building markets over the past five years, while slow growth in household discretionary income has limited consumer spending on electrical installation work...

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    Industry Report - Industry Locations Chapter

    The geographic spread of electrical contractors closely corresponds with the distribution of population and economic activity across Australia. Over three-quarters of industry enterprises (77.7%) are located in the most populated states, New South Wales, Victoria and Queensland. These states account for almost 80% of the larger employer enterprises.

    New South Wales accounts for 31.2% of the industry’s contractors and 32.5% of employing enterprises, which roughly matches the state’s share of the national population (32.0%). The more densely concentrated population settlement of Sydney may lean towards marginally larger enterprises than the national average. Victoria accounts for 26.2% o..

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    Additional Insights for the Electrical Services Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Electrical Services Industry are

  • Ability to expand and curtail operations
  • Ability to change which market the firm operates in
  • Having a good reputation
  • IBISWorld analysts also discuss how external factors such as Demand from residential building construction and Demand from commercial and industrial building construction in the Electrical Services industry impact industry performance..

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    New Zealand Special Report

    Industry Products

    What is the Electrical Services Industry?

    This industry consists of contractors that install electrical wiring or fittings in buildings or other construction projects. Operators in the industry are also involved in the repair and maintenance of existing electrical equipment and fixtures.

    Industry Products
    Electrical circuitry installation
    Electrical circuitry upgrade and renovation
    Maintenance and repair
    Industry Activities
    Electrical wiring repair or maintenance
    Electrical wiring installation
    Installation of closed-circuit video surveillance systems
    Exhaust fans installation
    Electric lights and power fittings installation
    Electrical and communication cabling and switching systems installation
    Illuminated signs installation
    Safety switches installation
    Specialist industry-specific equipment installation

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Demand from residential building construction
  • Demand from commercial and industrial building construction
  • Demand from heavy industry and other non-building construction
  • Private capital expenditure on machinery and equipment
  • Demand from institutional building construction
  • Real household discretionary income

  • Current Performance
  • Profit and competition
  • Construction trends
  • Chart: Revenue Growth

  • Industry Outlook
  • Profit and competition
  • Construction trends
  • Industry developments
  • Table: Electrical Services Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Electrical Services Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Mining
  • Construction
  • Wholesale Trade
  • Residential Property Operators
  • Telecommunications Services
  • Office Property Operators
  • Retail Property Operators
  • Industrial and Other Property Operators

  • Key Selling Industries
  • Hardware Wholesaling
  • Telecommunications and Other Electrical Goods Wholesaling

  • Products & Services
  • Maintenance and repair
  • Electrical circuitry upgrade and renovation
  • Electrical circuitry installation
  • Other
  • Chart: Electrical Services Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Residential builders and households
  • Commercial and retail property developers/operators
  • Heavy industrial and engineering firms
  • Mixed customers
  • Chart: Major Market Segmentation for the Electrical Services Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Electrical Services

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Electrical Services Industry

  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Electrical Services Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Electrical Services Industry
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Total Building Work Done (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Jargon & Glossary
    Building The Education Revolution (Ber)
  • An initiative of the Rudd Federal Government that included the injection of over $14.0 billion into the refurbishment of primary schools to stimulate economic growth.
  • C-Bus
  • An installed communications protocol system used in the automation of buildings, to control lighting systems and other electrical equipment (e.g. air conditioning, video-audio systems).
  • Electrotechnology
  • Work done on high technology systems such as light and power, hardware platforms, networking and automation.
  • Facilities Management
  • The provision of multidisciplinary services in the maintenance of non-residential buildings (e.g. HVAC, electrical services, plumbing, cleaning and security).
  • Hvac
  • Heating, ventilation and air conditioning.
  • Led
  • Light Emitting Diode (LED) represents the latest technology in energy efficient lighting.
  • Neca
  • the peak industry association, the National Electrical & Communication Association.
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Electrical Services:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Electrical Services market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Electrical Services, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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