Shocking: Industry Revenue is Increasing Due to Rebounds in Both Residential and Nonresidential Construction
Electricians in Texas
Operators in the Electricians industry in Texas perform electrical work at a site (e.g. installing wiring), service electrical equipment at a site, sell and install electrical equipment and more. Following strong growth in nonresidential building activity, industry revenue has increased over the past five years. Growth in the number of housing starts has been the primary contributor to industry growth, with residential building construction activity in Texas skyrocketing over the past five years due to higher employment levels, rising per capita disposable income and expanded access to credit. In line with revenue growth, operators have experienced higher profit levels. Over the next five years, the analyst forecasts that revenue will continue growing.
This industry performs electrical work at a site (e.g. installing wiring), services electrical equipment at a site and sells and installs electrical equipment. The electrical work performed includes new work, additions, alterations, maintenance and repairs.
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.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Quanta Services Inc.
- EMCOR Group Inc.
- Rosendin Electric Inc.
- MYR Group Inc.
Methodology
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