Electrical companies primarily install electrical power and systems for commercial, residential, and institutional clients. IBIS World notes that there are over 239,000 electrical companies in the United States. These businesses generate over $46.5 billion in revenue...Read More »
The electrician industry includes businesses that primarily install and service electrical wiring and equipment. Electrical contractors perform installations, additions, maintenance, alterations, and repairs. The electrician industry has nearly 219,314 businesses....Read More »
Demand for the construction industry directly impacts electrical companies and electrical contractors. While commercial construction slowed during the 2019 pandemic, residential construction continues to increase. With consistent demand and the expected growth of the...Read More »