High voltage: As residential construction picks up, demand for electrician franchises will surge
IBISWorld’s Electrician Service Franchises market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.
Industry Statistics & Market Size
Annual Growth 14-19
Industry Analysis & Industry Trends
Through the recession, electrician service franchises suffered revenue declines in the wake of weak downstream demand from the residential and non-residential construction markets. Furthermore, with fewer new homeowners spending money on home improvements like electrical systems upgrades, demand for industry services plummeted. The next five years will be brighter for the industry, however, as the construction sector recovers and demand returns... purchase to read more
What is the Electrician Service Franchises industry?
Industry franchises provide electrical installation and repair services to residential and commercial customers.
Reports in our Business Franchise collection focus solely on the operation of franchised outlets and exclude non-franchise data. They show the total number of franchise outlets, total franchise revenue and the average profit margin earned by franchisees. Our reports also highlight the largest franchisors by market share... purchase to read more
Major products in this industry
Electric power systems installation and monitoringTelecommunication systems installationSafety and security systems installationElectronic control systems installation
Examples of brands in this Industry
Mr. Electric (Dwyer Group)Mister Sparky (Clockwork Home Services)