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
Industry Report - Industry Locations Chapter
The small-scale and localized nature of operations in the industry results in a geographically dispersed structure that generally corresponds with the distribution of population and economic activity throughout America. Small-scale establishments target a narrow regional market, while larger-scale electrical contractors often undertake maintenance and construction contracts across several states. As a result, the spread of industry establishments is highly concentrated in the Southeast, Mid-Atlantic and West regions.
The Southeast region accounts for about 24.5% of industry activity, which generally corresponds with the region's share of the national population... purchase to read more