The Electrical Contractors Market is estimated at USD 954.4 billion in 2024. Further, the market is expected to grow from USD 996.5 billion in 2025 to USD 1,469.4 billion in 2034 at a CAGR of 4.41%.
An electrical contractor is an entrepreneur or a company that works in technical architecture associated with designing, installing, and maintaining electrical systems in amenities (i.e., homes, offices, and industrial buildings). The common misconception about electrical Contractors is that they are limited to installing electrical equipment. While they have the exclusive competencies to do so, they are also involved upstream and downstream of the installation stage. In the construction industry, electrical contractors are generally categorized into three major work types: inside electrical contractors, outside electrical contractors and integrated building systems contractors. Electrical contractors are also strongly engaged in the engineering and infrastructure market. Whether it is public infrastructure for lighting, electricity or telecoms, power plants, or airports, they have the knowledge to handle all types of electrical installations.
North America is the leading region in the electrical contractors market, powered by strong investments in infrastructure modernization, widespread adoption of smart grid technologies, and a growing emphasis on energy-efficient construction across residential and commercial sectors.
Non-residential construction is the dominating segment in the electrical contractors market, fueled by the rapid expansion of industrial facilities, commercial complexes, and data centers, alongside rising demand for advanced electrical installation and maintenance services.
North America: A mature market driven by steady construction activity, modernization of grid infrastructure, and adoption of smart technologies. There's also a strong focus on safety standards and energy efficiency.
Europe: Emphasizes sustainable construction and energy transition. Governments are investing in green building projects, which is boosting demand for contractors skilled in renewable and low voltage installations.
Asia-Pacific: The fastest-growing market due to rapid urbanization, industrialization, and significant investments in infrastructure across countries like China, India, and Southeast Asia.
Market Scope
Parameter |
Detail |
Base Year |
2024 |
Estimated Year |
2025 |
Forecast Period |
2026-2032 |
Market Size-Units |
USD billion |
Market Splits Covered |
By Product, By Service Type, and By End-User |
Countries Covered |
North America (USA, Canada, Mexico) |
Analysis Covered |
Latest Trends, Driving Factors, Challenges, Trade Analysis, Price Analysis, Supply-Chain Analysis, Competitive Landscape, Company Strategies |
Customization |
10% free customization (up to 10 analyst hours) to modify segments, geographies, and companies analyzed |
Post-Sale Support |
4 analyst hours, available up to 4 weeks |
Delivery Format |
The Latest Updated PDF and Excel Data file |
By Product Type
By Service Type
By End-User
By Geography
July 2025 – Shimmick Corporation launched Axia Electric LLC, a specialized electrical subsidiary, securing $42 million in new contracts and holding over $380 million in active electrical work, to serve low- and medium-voltage infrastructure with commissioning and O&M services.
August 2025 – K2 Electric, a leading electrical contractor in Arizona, implemented lean manufacturing methodologies across its fabrication and assembly operations, enhancing efficiency and integrating best practices from manufacturing industries into its project delivery processes.
August 2025 – Potawatomi Ventures acquired Lyons Electric, a Wisconsin-based commercial and industrial electrical contractor, to expand its capabilities in energy infrastructure services, EV charging, and tribal enterprise development, while continuing Lyons Electric’s operations and leadership.
August 2025 – San Jose–based Rosendin opened a new office in Boise, Idaho, to support growing demand for high-tech infrastructure, healthcare and commercial builds, and launched partnerships for apprenticeship and mentorship programs to develop local skilled labor.
1. GLOBALELECTRICAL CONTRACTORS INDUSTRY
1.1. Market Scope and Definition
1.2. Study Assumptions
2. ELECTRICAL CONTRACTORS MARKET LATEST TRENDS, DRIVERS AND CHALLENGES, 2021-2030
2.1. Electrical Contractors Market Latest Trends
2.1.1. Decentralized Electrical and Digital Technologies:
2.1.2. Growing digitalization:
2.1.3. Growing number of R&D investments & partnerships:
2.1.4. Government focus on the reconstruction of transmission & distribution lines across the existing infrastructure:
2.1.5. Use of AR & VR, Increasing Smart Home Trends:
2.2. Electrical Contractors Market Insights, 2021-2030
2.2.1. Leading Electrical Contractors Product Type, 2021-2030
2.2.2. Leading Electrical Contractors Communication Service Type, 2021-2030
2.2.3. Dominant Electrical Contractors Application, 2021-2030
2.2.4. Fast-Growing Geographies for Electrical Contractors, 2021-2030
2.3. Electrical Contractors Market Drivers to 2030
2.3.1. Growing demand for electricians:
2.3.2. Rising Globalization and Increasing Consumer & Commercial Trends:
2.3.3. Ongoing construction activities across commercial, industrial, and utility sectors:
2.3.4. Grid Modernization & Smart Grid Deployments:
2.4. Electrical Contractors Market Restraints to 2030
2.4.1. Shortage of Electricians:
2.4.2. Fluctuating Raw Material Prices:
2.4.3. Logistics Bottlenecks & Supply Chain Issues:
2.5. Electrical Contractors Market-Five Forces Analysis
3. GLOBAL ELECTRICAL CONTRACTORS MARKET VALUE, MARKET SHARE, AND FORECAST TO 2030
3.1. Global Electrical Contractors Market Overview, 2021
3.2. Global Electrical Contractors Market Size and Share Outlook, By Product Type, 2021-2030
3.2.1. Electrical Wiring Services
3.2.2. Power distribution
3.2.3. Lighting systems
3.2.4. Control & Automation
3.2.5. Uninterrupted power systems
3.2.6. Other Services
3.3. Global Electrical Contractors Market Size and Share Outlook, By Service Type, 2021-2030
3.3.1. New Construction
3.3.2. Renovation
3.3.3. Maintenance & Repair
3.4. Global Electrical Contractors Market Size and Share Outlook, By End User, 2021-2030
3.4.1. Residential
3.4.2. Commercial
3.4.3. Infra & Engineering
3.4.4. Other End Users
3.5. Global Electrical Contractors Market Size and Share Outlook by Region, 2021-2030
4. NORTH AMERICA ELECTRICAL CONTRACTORS MARKET VALUE, MARKET SHARE, AND FORECAST TO 2030
4.1. North America Electrical Contractors Market Overview, 2021
4.2. North America Electrical Contractors Market Size and Share Outlook by Product Type, 2021-2030
4.3. North America Electrical Contractors Market Size and Share Outlook, By Service Type, 2021-2030
4.4. North America Electrical Contractors Market Size and Share Outlook, By End User, 2021-2030
4.5. North America Electrical Contractors Market Size and Share Outlook by Country, 2021-2030
4.5.1. United States
4.5.2. Canada
4.5.3. Mexico
5. EUROPE ELECTRICAL CONTRACTORS MARKET VALUE, MARKET SHARE, AND FORECAST TO 2030
5.1. Europe Electrical Contractors Market Overview, 2021
5.2. Europe Electrical Contractors Market Size and Share Outlook by Product Type, 2021-2030
5.3. Europe Electrical Contractors Market Size and Share Outlook, By Service Type, 2021-2030
5.4. Europe Electrical Contractors Market Size and Share Outlook, By End User, 2021-2030
5.5. Europe Electrical Contractors Market Size and Share Outlook by Country, 2021-2030
5.5.1. Germany
5.5.2. France
5.5.3. UK
5.5.4. Italy
5.5.5. Spain
5.5.6. Rest of Europe
6. ASIA PACIFIC ELECTRICAL CONTRACTORS MARKET VALUE, MARKET SHARE AND FORECAST TO 2030
6.1. Asia Pacific Electrical Contractors Market Overview, 2021
6.2. Asia Pacific Electrical Contractors Market Size and Share Outlook by Product Type, 2021-2030
6.3. Asia Pacific Electrical Contractors Market Size and Share Outlook, By Service Type, 2021-2030
6.4. Asia Pacific Electrical Contractors Market Size and Share Outlook, By End User, 2021-2030
6.5. Asia Pacific Electrical Contractors Market Size and Share Outlook by Country, 2021-2030
6.5.1. China
6.5.2. Japan
6.5.3. India
6.5.4. Rest of Asia Pacific
7. SOUTH AND CENTRAL AMERICA ELECTRICAL CONTRACTORS MARKET VALUE, MARKET SHARE AND FORECAST TO 2030
7.1. South and Central America Electrical Contractors Market Overview, 2021
7.2. South and Central America Electrical Contractors Market Size and Share Outlook by Product Type, 2021-2030
7.3. South and Central America Electrical Contractors Market Size and Share Outlook, By Service Type, 2021-2030
7.4. South and Central America Electrical Contractors Market Size and Share Outlook, By End User, 2021-2030
7.5. South and Central America Electrical Contractors Market Size and Share Outlook by Country, 2021-2030
7.5.1. Brazil
7.5.2. Argentina
7.5.3. Rest of South and Central America
8. MIDDLE EAST AFRICA ELECTRICAL CONTRACTORS MARKET VALUE, MARKET SHARE AND FORECAST TO 2030
8.1. Middle East Africa Electrical Contractors Market Overview, 2021
8.2. Middle East Africa Electrical Contractors Market Size and Share Outlook by Product Type, 2021-2030
8.3. Middle East Africa Electrical Contractors Market Size and Share Outlook, By Service Type, 2021-2030
8.4. Middle East Africa Electrical Contractors Market Size and Share Outlook, By End User, 2021-2030
8.5. Middle East Africa Electrical Contractors Market Size and Share Outlook by Country, 2021-2030
8.5.1. Middle East
8.5.2. Africa
9. ELECTRICAL CONTRACTORS MARKET STRUCTURE
9.1. QUANTA SERVICES
9.2. EMCOR GROUP
9.3. IES HOLDINGS, INC.
9.4. MYR GROUP Inc.
9.5. THE TORO COMPANY
9.6. Wasion Holdings Limited
9.7. Genus Power Infrastructure Ltd.
9.8. ABB Ltd
9.9. Eaton Corporation plc
10. APPENDIX
10.1. About Us
10.2. Sources
10.3. Research Methodology
10.4. Contact Information
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