Press release
The US Electrical Contractors Market is Projected to Reach $256.65 Billion by 2029, Southern US Emerge as Prime Investment Hub - Arizton
U.S. Electrical Contractors Market Research Report by Arizton
According to Arizton's latest research report, the US electrical contractors market [https://www.arizton.com/market-reports/us-electrical-contractors-market] is growing at a CAGR of 1.29% during the forecast period.
To Know More, Click: https://www.arizton.com/market-reports/us-electrical-contractors-market
Report Summary
Market Size (2029): USD 256.65 Billion
Market Size (2023): USD 237.59 Billion
CAGR (2023-2029): 1.29%
Historic Year: 2020-2022
Base Year: 2023
Forecast Year: 2024-2029
Market Segmentation: Services, Application, End-user, and Region
Stay ahead of the curve with Arizton's exclusive subscription plan, offering in-depth analysis, market sizing, and growth forecasts for less than $900 per month-a significant value compared to individual report purchases. Click here: https://www.arizton.com/subscription
The growth in new construction or remodeling drives the demand for electrical contractors. The rise in 5G technology, demand from data centers, shift toward clean energy, and demand for EV charging infrastructure contribute to the growth of the US electrical contractors market.
The growing adoption of AI and clean technology manufacturing significantly impacts the US electrical contractors market. This is mainly driven by the substantial energy requirements associated with AI technologies and the expansion of clean technology infrastructure, such as EVs and renewable energy sources.
Moreover, the rapid expansion of AI has led to a surge in data center energy consumption. These centers, essential for training and operating AI models, require considerable computational power, significantly increasing electricity demand. In 2023, the North American Electric Reliability Corporation (NERC) reported that energy growth rates were at their highest since 2014, primarily due to increased electrification and the proliferation of EVs. This surge has prompted utilities and regulators to adapt quickly, creating opportunities for electrical contractors to implement advanced energy solutions to support the growing AI infrastructure.
Mergers & Acquisitions to Play a Major Role in the US Electrical Contractors Market
The recent surge in mergers and acquisitions within the US electrical contractors market is fueled by several key factors and valuation considerations that enhance these companies' appeal to investors. Companies offering competitive benefits and robust training programs are better equipped to retain a skilled workforce, making them attractive acquisition targets. Additionally, firms with strong market reputations benefit from referrals and recurring revenues, reducing customer acquisition costs and ensuring more predictable revenue streams, thereby boosting their overall valuation.
Diversification of revenue streams also plays a pivotal role in driving M&A activity. Electrical contractors that have expanded their service portfolios to include recurring service work can stabilize income and lessen dependence on one-time project revenues. This diversification enhances resilience against market fluctuations and increases attractiveness to potential buyers. Furthermore, companies with a solid and expanding backlog, coupled with rising bid and win rates, demonstrate their ability to secure future projects and maintain business continuity. A healthy backlog signifies a consistent flow of future revenues, a crucial factor in M&A valuations.
Buy this Research @ https://www.arizton.com/market-reports/us-electrical-contractors-market
Regional Analysis
South US consists of Texas, Florida, Virginia, Georgia, and others. This region witnesses a high demand for electrical contractors with colocation investments by many firms.
Several vendors in this region invest in renewable energy as this region is one of the industrial hubs. For instance, Cinterra is at the forefront of America's transition to utility-scale solar power, offering comprehensive solutions for constructing, distributing, and storing solar energy. As a nationwide full-lifecycle solar contractor, Cinterra brings unmatched expertise to every installation and construction phase. This includes electrical systems, energy storage, and substations, supported by a technology-enabled project management approach and a strong safety-first culture.
Key Company Profiles
*
Quanta Services
*
MYR Group
*
MDU Resources Group
*
IES Holdings
*
EMCOR
*
MasTec
*
ABM
*
Aldridge
*
American Electrical Contracting
*
ArchKey Solutions
*
Bergelectric
*
Cache Valley Electric
*
Cleveland Electric
*
Collins Electrical Company
*
Comfort Systems USA
*
Commonwealth Electric Company
*
Crete Mechanical Group (CMG)
*
Cupertino Electric
*
EC Electric
*
E-J Electric Installation
*
Facility Solutions Group
*
Faith Technologies
*
Five Star Electric
*
Gaylor Electric
*
Helix Electric
*
Henkels & McCoy
*
Hilscher-Clarke
*
Hunt Electric
*
Inglett & Stubbs
*
J.F. Electric
*
M.C. Dean
*
Mid South Contractors
*
Miller Electric Company
*
MMR Group
*
New England Electrical Contracting
*
O'Connell Electric Company
*
Power Design
*
Redwood Electric Group
*
RESA Power
*
Rogers Electric
*
Rosendin Electric
*
SunGrid Solutions
*
The Newtron Group
*
Tri-City Electric
*
Wachter
*
Wayne J. Griffin Electric
Market Segmentation
Services
*
Electrical
*
Telecommunication
*
Fire & Safety
*
Electrical Control
*
Highway
*
Others
Application
*
New Construction
*
Renovation or Maintenance
End-use
*
Outside
*
Inside
*
Residential
*
Commercial
*
Industrial
*
Integrated Building System
Region
The U.S.
*
South
*
West
*
Midwest
*
Northeast
Check Out Some of the Top Selling Reports of Your Interest:
U.S. Power Rental Market - Strategic Assessment & Forecast 2023-2029
https://www.arizton.com/market-reports/united-states-power-rental-market
Electric Vehicle Battery Recycling Market - Global Outlook & Forecast 2023-2028
https://www.arizton.com/market-reports/electric-vehicle-battery-recycling-market
Why Arizton?
100%Customer Satisfaction
24x7availability - we are always there when you need us
200+Fortune 500 Companies trust Arizton's report
80%of our reports are exclusive and first in the industry
100%more data and analysis
1500+reports published till date
Post-Purchase Benefit
1hr of free analyst discussion
10% off on customization
About Us:
Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services.
We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts.
Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
Media Contact
Company Name: Arizton Advisory & Intelligence
Contact Person: Jessica
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=the-us-electrical-contractors-market-is-projected-to-reach-25665-billion-by-2029-southern-us-emerge-as-prime-investment-hub-arizton]
Phone: +1-312-235-2040/+1 302 469 0707
Country: United States
Website: https://www.arizton.com/market-reports/us-electrical-contractors-market
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release The US Electrical Contractors Market is Projected to Reach $256.65 Billion by 2029, Southern US Emerge as Prime Investment Hub - Arizton here
News-ID: 3577486 • Views: …
More Releases from ABNewswire
What are the most effective medical therapies for managing excess body mass? Reg …
Cape Coral healthcare providers report breakthrough success using FDA-approved GLP-1 medications for weight management, with Premier Wellness Florida leading comprehensive treatment programs combining pharmaceuticals with holistic wellness support.
Cape Coral, FL - Recent clinical developments in medical weight management have prompted Southwest Florida healthcare providers to report significant patient success rates with FDA-approved medications and comprehensive treatment protocols. Premier Wellness Florida, operating from its Del Prado Boulevard facility, has documented patient…
Winkler Kurtz LLP - Long Island Lawyers Port Jefferson Station Injury Attorney O …
Winkler Kurtz LLP is a leading Long Island law firm specializing in personal injury cases such as car accidents, slip and falls, and medical malpractice. Offering decades of local experience, the firm provides compassionate support and skilled legal advocacy to help injury victims secure justice and compensation. With free consultations and a contingency fee policy, Winkler Kurtz LLP ensures quality legal help is available to all Long Islanders in need.
When…
How to Pick the Best Online Chemistry Tutoring Platform
Image: https://www.abnewswire.com/upload/2025/10/814f4b38d9855ce5fcc0509bfebaa240.jpg
Choosing the right chemistry tutoring platform can make the difference between academic success and continued struggles with complex reactions and molecular structures. With students increasingly turning to digital solutions for personalized learning support, the online chemistry tutoring market has exploded with options promising everything from AI-powered progress tracking to virtual lab experiences that transform how learners approach this challenging subject.
Essential Platform Features for Effective Online Chemistry Tutoring
Modern chemistry tutoring…
Chronic Myeloid Leukemia Pipeline Drugs Report 2025: Emerging Therapies, Clinica …
DelveInsight's "Chronic Myeloid Leukemia Pipeline Insight 2025" report provides comprehensive insights about 20+ companies and 20+ pipeline drugs in the Chronic Myeloid Leukemia pipeline landscape. It covers the Chronic Myeloid Leukemia Pipeline drug profiles, including clinical and nonclinical stage products. It also covers the Chronic Myeloid Leukemia Pipeline Therapeutics assessment by product type, stage, route of administration, and molecule type. It further highlights the inactive pipeline products in this space.
Curious…
More Releases for Electric
Electrical Isolators Market 2023: Mitsubishi Electric, Orient Electric, Schneide …
The Electrical Isolators Market size (volume and value) and industry chain structure published by The Insight Partners through its high quality database which is a valuable source of guidance and direction for companies and individual interested in the industry.
An electrical isolator is a material in which electric current does not flow freely. The atoms of the insulator have tightly bound electrons which cannot readily move. Other materials, semiconductors and conductors…
Electric Motors for Electric Vehicle Market by Manufacturers: Hitachi Automotive …
Electric Motors for Electric Vehicle Market research report analyzes and studies the Electric Motors for Electric Vehicle Market's production, value, financial status, and capacity. It also provides information about market share and development plans during the projected period. Moreover, the Electric Motors for Electric Vehicle Market research report provides data about key manufacturers and focuses on the market competition landscape by analyzing the market by application, product type, and region.
Click…
Thermal Overload Relay Market 2021 Precise Outlook - ABB, Schneider Electric, Ea …
Global Thermal Overload Relay Market Size, Status and Forecast 2021
The Global Thermal Overload Relay Market report offers in-depth information and comprehensive analysis of the market. It provides a complete overview of the market with detailed insights on key aspects including the current market situation, potential size, volume, and dynamics of the market. This research report makes a thorough assessment of the COVID-19 pandemic and its impact on the current market…
Global Electric Motors for Electric Vehicles Market 2025 | MAHLE GmbH, Protean E …
Researchmoz added Most up-to-date research on "Global Electric Motors for Electric Vehicles Market Insights, Forecast to 2025" to its huge collection of research reports.
This report presents the worldwide Electric Motors for Electric Vehicles market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities…
Yokogawa Electric, General Electric Profiled in Smart Factory Solutions Market 2 …
Global Smart Factory Solutions Market which focuses on effective strategies of the business framework. It highlights the recent market trends stringent energy regulations and growing pressure to conform to energy efficiency. The research methods and tools used to analyze the studies are both primary and secondary research.
This market research report on analyzes the growth prospects for the key vendors operating in this market space including Siemens, ABB, Honeywell International, Yokogawa…
Global Quartz Heat Lamps Market 2017 : Indu Electric Gerber, Schneider Electric, …
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Quartz Heat Lamps market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are in…
