Low voltage: Low sentiment levels are expected to constrain industry revenue growth in 2023
Revenue is forecast to rise at a compound annual rate of 6.6% over the five years through 2023 to €4.2 billion; the industry's average profit margin is expected to be 4.6%. Rising building and infrastructure construction activity has aided strong revenue growth as downstream clients have upgraded electrical installations in line with technological advancements.
Operators in this industry install electrical systems in buildings and civil engineering structures. These systems include electrical wiring, telecommunications wiring, street lighting, electrical signals, fire alarms and burglar alarms. The monitoring of electronic security systems, such as burglar and fire alarms, and the construction of communication and power transmission lines do not fall under this industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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