電気サービス市場の2030年までの予測：コンポーネント別、サービスタイプ別、用途別、エンドユーザー別、地域別の世界分析

Stratistics MRCによると、世界の電気サービス市場は2024年に1,324億4,000万米ドルを占め、2030年にはCAGR8.4%で成長し、2,148億8,000万米ドルに達すると予測されています。

電気サービスには、住宅、商業施設、工業施設における電気システムの設置、保守、修理に関する幅広い業務が含まれます。これらのサービスには、建物の配線、電気パネル、サーキットブレーカー、コンセントの設置、照明、暖房、冷房システムのセットアップなどが含まれます。電気工事はまた、短絡、電力サージ、故障した電化製品などの電気障害のトラブルシューティングや修理にも及ぶ。有資格の電気技師は、火災や感電などの危険を防ぐため、すべての作業が安全基準や規制に準拠していることを保証します。

都市化とインフラ整備

都市化とインフラ整備は、信頼性が高く、効率的で、拡張性のある電力システムの需要を促進することで、電気サービスを大幅に向上させています。都市が成長するにつれ、発電、トランスミッション、配電ネットワークなど、高度な電気インフラへのニーズは、電力消費の増加に対応するためにより重要になります。都市部では、より高い負荷に対応し、再生可能エネルギー源を統合し、スマート技術をサポートできる高度な送電網が必要となります。スマートメーター、エネルギー貯蔵システム、配電の自動化などの革新は、電力供給の効率と信頼性を向上させています。

価格感度

顧客は品質よりもコストを優先することが多く、サービス・プロバイダー間の競争激化につながるため、電気サービス業界における価格感応度は重要な課題です。より多くの消費者が複数の請負業者の価格を比較するようになると、事業者は顧客を引きつけるために料金の引き下げを迫られ、利益率が低下する可能性があります。熟練した労働力、高品質の材料、安全規制の遵守が重視されるこの分野では、こうした価格主導のアプローチによって、サービスの品質が損なわれたり、低価格を実現するために粗悪な材料が使われたりすることさえあります。こうした要素が市場の成長を妨げています。

熟練労働者に対する需要の高まり

電気サービス業界における熟練労働者に対する需要の高まりは、技術の進歩、都市化、複雑な電気システムへの依存度の高まりが大きな要因となっています。インフラ・プロジェクトが成長し、産業がスマート技術を採用するにつれて、複雑な電気システムの設置、保守、修理ができる高度な訓練を受けた専門家が必要とされています。これには、再生可能エネルギー、スマートグリッド、オートメーション、電気自動車など、専門知識を必要とする分野の仕事も含まれます。さらに、安全基準とエネルギー効率への注目が高まっているため、システムが規制要件を満たしていることを確認できる認定電気技術者のニーズがさらに高まっています。

景気変動

景気変動は電気サービス産業に大きな影響を与え、課題と不確実性の両方を生み出します。景気後退期には、企業は拡張やアップグレードを控え、消費者は住宅改修やエネルギー効率の高いシステムへの支出を減らすため、電気サービスに対する需要は減少する傾向にあります。このような需要の鈍化は、電気工事業者やサービス・プロバイダーの収入減につながり、レイオフやプロジェクトの中止、財務上の負担を引き起こす可能性があります。経済成長期には、サービス需要が増加する一方で、材料費の高騰、労働力不足、サプライチェーンの混乱により、営業費用が膨らむ可能性があります。

COVID-19の影響：

COVID-19の大流行は電気サービス業界に大きな影響を与え、サプライチェーンと労働力の確保の両方を混乱させました。施錠や社会的距離を置く措置がとられる中、工場や流通業者が閉鎖されたり、限られた能力で操業されたりしたため、多くの電気工事業者は必要な資材の調達の遅れに直面しました。このため、特に電気設備が必要な建設プロジェクトやインフラ・プロジェクトでは、プロジェクトの遅れにつながった。業務面では、多くの企業が遠隔地での業務に適応しなければならず、特にホームオフィスの設置、電源システムのアップグレード、家電製品の修理など、住宅向け電気サービスの需要増につながった。このような課題にもかかわらず、業界は回復力を示し、安全プロトコルを採用し、遠隔相談やバーチャル検査にテクノロジーを活用することで、パンデミックの制約の中でも必要不可欠なサービスを継続することができました。

予測期間中、ハードウェア・セグメントが最大となる見込み

予測期間中、ハードウェア分野が最大のシェアを占めると予想されます。IoT対応デバイスやセンサーなどのスマート技術の統合により、ハードウェアは現在、電気システムのリアルタイム監視と自動制御を可能にし、エネルギー消費の削減とダウンタイムの最小化を実現しています。より効率的なサーキットブレーカー、変圧器、配電装置の開発により、より優れた負荷管理と故障検出が保証され、運用性能の強化につながっています。さらに、エネルギー貯蔵システムや再生可能エネルギー統合ハードウェアのような技術革新は、電力網の近代化を支援し、より環境に優しいエネルギーソリューションへの移行を支えています。

ヘルスケア分野は予測期間中に最も高いCAGRが見込まれる

ヘルスケア分野は、近代的な医療施設の需要の高まりに対応するため、予測期間中に急成長すると推定されます。高度な医療機器、デジタルヘルス技術の台頭、24時間365日の運用信頼性の必要性により、ヘルスケア施設は高度に専門化された電気システムを必要としています。これらのシステムは、発電機や無停電電源装置（UPS）のようなバックアップ・ソリューションにより、緊急時でも継続的な電力を確保しなければならないです。さらに、スマートテクノロジーの統合により、エネルギー効率とモニタリングが改善され、運用コストと患者ケアの両方が最適化されています。

最大のシェアを占める地域

北米地域は、予測期間を通じて同市場の最大シェアを維持する見通しです。より多くの消費者と企業がEVに移行するにつれて、家庭用充電器、公共充電ステーション、急速充電ネットワークなど、EV充電インフラの設置需要が増加しています。この需要の急増は、電気サービスの革新と拡大に拍車をかけており、電力会社や請負業者は、EV充電のニーズを満たすために、送電網のアップグレード、再生可能エネルギー源の統合、信頼性の高い配電の確保に取り組んでいます。さらに、スマートグリッド技術、蓄電池ソリューション、ビークル・ツー・グリッド（V2G）システムのニーズも高まっています。こうした要素が、この地域の成長を後押ししています。

CAGRが最も高い地域：

欧州地域は、持続可能性、安全性、技術革新を推進することで、予測期間中に最も高いCAGRを記録すると推定されます。欧州連合（EU）は、炭素排出の削減と再生可能エネルギーへの移行を目的とした、欧州グリーンディールや全欧州人のためのクリーンエネルギーパッケージなど、さまざまな指令や基準を導入しています。これらの規制は、エネルギー効率の高い技術やスマートグリッドの導入、電気サービスにおける再生可能エネルギーの利用を奨励しています。さらに、国際電気標準会議（IEC）が定めるような厳格な安全・品質基準により、電気設備やシステムの信頼性、安全性が確保され、地域全体の高性能ベンチマークに適合しています。

無料のカスタマイズサービス：

本レポートをご購読のお客様には、以下の無料カスタマイズオプションのいずれかをご利用いただけます：

• 企業プロファイル
  • 追加市場プレイヤーの包括的プロファイリング（3社まで）
  • 主要企業のSWOT分析（3社まで）
• 地域セグメンテーション
  • 顧客の関心に応じた主要国の市場推計・予測・CAGR（注：フィージビリティチェックによる）
• 競合ベンチマーキング
  • 製品ポートフォリオ、地理的プレゼンス、戦略的提携に基づく主要企業のベンチマーキング

目次

第1章 エグゼクティブサマリー

第2章 序文

• 概要
• ステークホルダー
• 調査範囲
• 調査手法
  • データマイニング
  • データ分析
  • データ検証
  • 調査アプローチ
• 調査情報源
  • 1次調査情報源
  • 2次調査情報源
  • 前提条件

第3章 市場動向分析

• 促進要因
• 抑制要因
• 機会
• 脅威
• 用途分析
• エンドユーザー分析
• 新興市場
• COVID-19の影響

第4章 ポーターのファイブフォース分析

• 供給企業の交渉力
• 買い手の交渉力
• 代替品の脅威
• 新規参入業者の脅威
• 競争企業間の敵対関係

第5章 世界の電気サービス市場：コンポーネント別

• ハードウェア
• ソリューション
• コンサルティング

第6章 世界の電気サービス市場：サービスタイプ別

• 機器および技術サービス
• 電気工事
• メンテナンスと修理

第7章 世界の電気サービス市場：用途別

• 産業
• 商業
• 住宅

第8章 世界の電気サービス市場：エンドユーザー別

• ヘルスケア
• 政府
• 交通機関
• 農業ビジネス
• その他のエンドユーザー

第9章 世界の電気サービス市場：地域別

• 北米
  • 米国
  • カナダ
  • メキシコ
• 欧州
  • ドイツ
  • 英国
  • イタリア
  • フランス
  • スペイン
  • その他欧州
• アジア太平洋
  • 日本
  • 中国
  • インド
  • オーストラリア
  • ニュージーランド
  • 韓国
  • その他アジア太平洋
• 南米
  • アルゼンチン
  • ブラジル
  • チリ
  • その他南米
• 中東・アフリカ
  • サウジアラビア
  • アラブ首長国連邦
  • カタール
  • 南アフリカ
  • その他中東とアフリカ

第10章 主な発展

• 契約、パートナーシップ、コラボレーション、合弁事業
• 買収と合併
• 新製品発売
• 事業拡大
• その他の主要戦略

第11章 企業プロファイリング

• ABB Ltd
• Eaton Corporation
• Emerson Electric Co
• Fluke Corporation
• General Electric
• Honeywell International Inc
• Jacobs Engineering Group
• Mitsubishi Electric Corporation
• Schneider Electric
• Siemens AG
• Toshiba Corporation

List of Tables

• Table 1 Global Electrical Services Market Outlook, By Region (2022-2030) ($MN)
• Table 2 Global Electrical Services Market Outlook, By Component (2022-2030) ($MN)
• Table 3 Global Electrical Services Market Outlook, By Hardware (2022-2030) ($MN)
• Table 4 Global Electrical Services Market Outlook, By Solutions (2022-2030) ($MN)
• Table 5 Global Electrical Services Market Outlook, By Consulting (2022-2030) ($MN)
• Table 6 Global Electrical Services Market Outlook, By Service Type (2022-2030) ($MN)
• Table 7 Global Electrical Services Market Outlook, By Instrument & Technical Services (2022-2030) ($MN)
• Table 8 Global Electrical Services Market Outlook, By Electrical Construction (2022-2030) ($MN)
• Table 9 Global Electrical Services Market Outlook, By Maintenance & Repair (2022-2030) ($MN)
• Table 10 Global Electrical Services Market Outlook, By Application (2022-2030) ($MN)
• Table 11 Global Electrical Services Market Outlook, By Industrial (2022-2030) ($MN)
• Table 12 Global Electrical Services Market Outlook, By Commercial (2022-2030) ($MN)
• Table 13 Global Electrical Services Market Outlook, By Residential (2022-2030) ($MN)
• Table 14 Global Electrical Services Market Outlook, By End User (2022-2030) ($MN)
• Table 15 Global Electrical Services Market Outlook, By Healthcare (2022-2030) ($MN)
• Table 16 Global Electrical Services Market Outlook, By Government (2022-2030) ($MN)
• Table 17 Global Electrical Services Market Outlook, By Transportation (2022-2030) ($MN)
• Table 18 Global Electrical Services Market Outlook, By Farming Business (2022-2030) ($MN)
• Table 19 Global Electrical Services Market Outlook, By Other End Users (2022-2030) ($MN)
• Table 20 North America Electrical Services Market Outlook, By Country (2022-2030) ($MN)
• Table 21 North America Electrical Services Market Outlook, By Component (2022-2030) ($MN)
• Table 22 North America Electrical Services Market Outlook, By Hardware (2022-2030) ($MN)
• Table 23 North America Electrical Services Market Outlook, By Solutions (2022-2030) ($MN)
• Table 24 North America Electrical Services Market Outlook, By Consulting (2022-2030) ($MN)
• Table 25 North America Electrical Services Market Outlook, By Service Type (2022-2030) ($MN)
• Table 26 North America Electrical Services Market Outlook, By Instrument & Technical Services (2022-2030) ($MN)
• Table 27 North America Electrical Services Market Outlook, By Electrical Construction (2022-2030) ($MN)
• Table 28 North America Electrical Services Market Outlook, By Maintenance & Repair (2022-2030) ($MN)
• Table 29 North America Electrical Services Market Outlook, By Application (2022-2030) ($MN)
• Table 30 North America Electrical Services Market Outlook, By Industrial (2022-2030) ($MN)
• Table 31 North America Electrical Services Market Outlook, By Commercial (2022-2030) ($MN)
• Table 32 North America Electrical Services Market Outlook, By Residential (2022-2030) ($MN)
• Table 33 North America Electrical Services Market Outlook, By End User (2022-2030) ($MN)
• Table 34 North America Electrical Services Market Outlook, By Healthcare (2022-2030) ($MN)
• Table 35 North America Electrical Services Market Outlook, By Government (2022-2030) ($MN)
• Table 36 North America Electrical Services Market Outlook, By Transportation (2022-2030) ($MN)
• Table 37 North America Electrical Services Market Outlook, By Farming Business (2022-2030) ($MN)
• Table 38 North America Electrical Services Market Outlook, By Other End Users (2022-2030) ($MN)
• Table 39 Europe Electrical Services Market Outlook, By Country (2022-2030) ($MN)
• Table 40 Europe Electrical Services Market Outlook, By Component (2022-2030) ($MN)
• Table 41 Europe Electrical Services Market Outlook, By Hardware (2022-2030) ($MN)
• Table 42 Europe Electrical Services Market Outlook, By Solutions (2022-2030) ($MN)
• Table 43 Europe Electrical Services Market Outlook, By Consulting (2022-2030) ($MN)
• Table 44 Europe Electrical Services Market Outlook, By Service Type (2022-2030) ($MN)
• Table 45 Europe Electrical Services Market Outlook, By Instrument & Technical Services (2022-2030) ($MN)
• Table 46 Europe Electrical Services Market Outlook, By Electrical Construction (2022-2030) ($MN)
• Table 47 Europe Electrical Services Market Outlook, By Maintenance & Repair (2022-2030) ($MN)
• Table 48 Europe Electrical Services Market Outlook, By Application (2022-2030) ($MN)
• Table 49 Europe Electrical Services Market Outlook, By Industrial (2022-2030) ($MN)
• Table 50 Europe Electrical Services Market Outlook, By Commercial (2022-2030) ($MN)
• Table 51 Europe Electrical Services Market Outlook, By Residential (2022-2030) ($MN)
• Table 52 Europe Electrical Services Market Outlook, By End User (2022-2030) ($MN)
• Table 53 Europe Electrical Services Market Outlook, By Healthcare (2022-2030) ($MN)
• Table 54 Europe Electrical Services Market Outlook, By Government (2022-2030) ($MN)
• Table 55 Europe Electrical Services Market Outlook, By Transportation (2022-2030) ($MN)
• Table 56 Europe Electrical Services Market Outlook, By Farming Business (2022-2030) ($MN)
• Table 57 Europe Electrical Services Market Outlook, By Other End Users (2022-2030) ($MN)
• Table 58 Asia Pacific Electrical Services Market Outlook, By Country (2022-2030) ($MN)
• Table 59 Asia Pacific Electrical Services Market Outlook, By Component (2022-2030) ($MN)
• Table 60 Asia Pacific Electrical Services Market Outlook, By Hardware (2022-2030) ($MN)
• Table 61 Asia Pacific Electrical Services Market Outlook, By Solutions (2022-2030) ($MN)
• Table 62 Asia Pacific Electrical Services Market Outlook, By Consulting (2022-2030) ($MN)
• Table 63 Asia Pacific Electrical Services Market Outlook, By Service Type (2022-2030) ($MN)
• Table 64 Asia Pacific Electrical Services Market Outlook, By Instrument & Technical Services (2022-2030) ($MN)
• Table 65 Asia Pacific Electrical Services Market Outlook, By Electrical Construction (2022-2030) ($MN)
• Table 66 Asia Pacific Electrical Services Market Outlook, By Maintenance & Repair (2022-2030) ($MN)
• Table 67 Asia Pacific Electrical Services Market Outlook, By Application (2022-2030) ($MN)
• Table 68 Asia Pacific Electrical Services Market Outlook, By Industrial (2022-2030) ($MN)
• Table 69 Asia Pacific Electrical Services Market Outlook, By Commercial (2022-2030) ($MN)
• Table 70 Asia Pacific Electrical Services Market Outlook, By Residential (2022-2030) ($MN)
• Table 71 Asia Pacific Electrical Services Market Outlook, By End User (2022-2030) ($MN)
• Table 72 Asia Pacific Electrical Services Market Outlook, By Healthcare (2022-2030) ($MN)
• Table 73 Asia Pacific Electrical Services Market Outlook, By Government (2022-2030) ($MN)
• Table 74 Asia Pacific Electrical Services Market Outlook, By Transportation (2022-2030) ($MN)
• Table 75 Asia Pacific Electrical Services Market Outlook, By Farming Business (2022-2030) ($MN)
• Table 76 Asia Pacific Electrical Services Market Outlook, By Other End Users (2022-2030) ($MN)
• Table 77 South America Electrical Services Market Outlook, By Country (2022-2030) ($MN)
• Table 78 South America Electrical Services Market Outlook, By Component (2022-2030) ($MN)
• Table 79 South America Electrical Services Market Outlook, By Hardware (2022-2030) ($MN)
• Table 80 South America Electrical Services Market Outlook, By Solutions (2022-2030) ($MN)
• Table 81 South America Electrical Services Market Outlook, By Consulting (2022-2030) ($MN)
• Table 82 South America Electrical Services Market Outlook, By Service Type (2022-2030) ($MN)
• Table 83 South America Electrical Services Market Outlook, By Instrument & Technical Services (2022-2030) ($MN)
• Table 84 South America Electrical Services Market Outlook, By Electrical Construction (2022-2030) ($MN)
• Table 85 South America Electrical Services Market Outlook, By Maintenance & Repair (2022-2030) ($MN)
• Table 86 South America Electrical Services Market Outlook, By Application (2022-2030) ($MN)
• Table 87 South America Electrical Services Market Outlook, By Industrial (2022-2030) ($MN)
• Table 88 South America Electrical Services Market Outlook, By Commercial (2022-2030) ($MN)
• Table 89 South America Electrical Services Market Outlook, By Residential (2022-2030) ($MN)
• Table 90 South America Electrical Services Market Outlook, By End User (2022-2030) ($MN)
• Table 91 South America Electrical Services Market Outlook, By Healthcare (2022-2030) ($MN)
• Table 92 South America Electrical Services Market Outlook, By Government (2022-2030) ($MN)
• Table 93 South America Electrical Services Market Outlook, By Transportation (2022-2030) ($MN)
• Table 94 South America Electrical Services Market Outlook, By Farming Business (2022-2030) ($MN)
• Table 95 South America Electrical Services Market Outlook, By Other End Users (2022-2030) ($MN)
• Table 96 Middle East & Africa Electrical Services Market Outlook, By Country (2022-2030) ($MN)
• Table 97 Middle East & Africa Electrical Services Market Outlook, By Component (2022-2030) ($MN)
• Table 98 Middle East & Africa Electrical Services Market Outlook, By Hardware (2022-2030) ($MN)
• Table 99 Middle East & Africa Electrical Services Market Outlook, By Solutions (2022-2030) ($MN)
• Table 100 Middle East & Africa Electrical Services Market Outlook, By Consulting (2022-2030) ($MN)
• Table 101 Middle East & Africa Electrical Services Market Outlook, By Service Type (2022-2030) ($MN)
• Table 102 Middle East & Africa Electrical Services Market Outlook, By Instrument & Technical Services (2022-2030) ($MN)
• Table 103 Middle East & Africa Electrical Services Market Outlook, By Electrical Construction (2022-2030) ($MN)
• Table 104 Middle East & Africa Electrical Services Market Outlook, By Maintenance & Repair (2022-2030) ($MN)
• Table 105 Middle East & Africa Electrical Services Market Outlook, By Application (2022-2030) ($MN)
• Table 106 Middle East & Africa Electrical Services Market Outlook, By Industrial (2022-2030) ($MN)
• Table 107 Middle East & Africa Electrical Services Market Outlook, By Commercial (2022-2030) ($MN)
• Table 108 Middle East & Africa Electrical Services Market Outlook, By Residential (2022-2030) ($MN)
• Table 109 Middle East & Africa Electrical Services Market Outlook, By End User (2022-2030) ($MN)
• Table 110 Middle East & Africa Electrical Services Market Outlook, By Healthcare (2022-2030) ($MN)
• Table 111 Middle East & Africa Electrical Services Market Outlook, By Government (2022-2030) ($MN)
• Table 112 Middle East & Africa Electrical Services Market Outlook, By Transportation (2022-2030) ($MN)
• Table 113 Middle East & Africa Electrical Services Market Outlook, By Farming Business (2022-2030) ($MN)
• Table 114 Middle East & Africa Electrical Services Market Outlook, By Other End Users (2022-2030) ($MN)

According to Stratistics MRC, the Global Electrical Services Market is accounted for $132.44 billion in 2024 and is expected to reach $214.88 billion by 2030 growing at a CAGR of 8.4% during the forecast period. Electrical services encompass a wide range of tasks related to the installation, maintenance, and repair of electrical systems in residential, commercial, and industrial settings. These services include the wiring of buildings, the installation of electrical panels, circuit breakers, and outlets, as well as the setup of lighting, heating, and cooling systems. Electrical services also extend to troubleshooting and repairing electrical faults, such as short circuits, power surges, or malfunctioning appliances. Certified electricians ensure that all work complies with safety codes and regulations to prevent hazards such as fires or electrical shock.

Market Dynamics:

Driver:

Urbanization and infrastructure development

Urbanization and infrastructure development are significantly enhancing electrical services by driving the demand for reliable, efficient, and scalable power systems. As cities grow, the need for advanced electrical infrastructure, including power generation, transmission, and distribution networks, becomes more critical to meet the increasing consumption of electricity. Urban areas require sophisticated grids capable of handling higher loads, integrating renewable energy sources, and supporting smart technologies. Innovations like smart meters, energy storage systems, and automation in electrical distribution are improving the efficiency and reliability of power supply.

Restraint:

Price sensitivity

Price sensitivity in the electrical services industry is a significant challenge as customers often prioritize cost over quality, leading to heightened competition among service providers. As more consumers compare prices across multiple contractors, businesses are pressured to lower their rates to attract clients, which can erode profit margins. In a sector where skilled labor, high-quality materials, and adherence to safety regulations come at a premium, this price-driven approach can result in compromised service quality or even the use of subpar materials to meet lower price points. These elements are hampering the market growth.

Opportunity:

Rising demand for skilled workforce

The rising demand for skilled workers in the electrical services industry is largely driven by advancements in technology, urbanization, and increasing reliance on complex electrical systems. As infrastructure projects grow and industries adopt smart technologies, there is a need for highly trained professionals who can install, maintain, and repair intricate electrical systems. This includes work in areas like renewable energy, smart grids, automation, and electric vehicles, all of which require specialized expertise. Additionally, the growing focus on safety standards and energy efficiency has further amplified the need for certified electricians who can ensure that systems meet regulatory requirements.

Threat:

Economic fluctuations

Economic fluctuations have a significant impact on the electrical services industry, creating both challenges and uncertainties. During periods of economic downturn, demand for electrical services tends to decrease as businesses cut back on expansions or upgrades, and consumers reduce spending on home improvements or energy-efficient systems. This slowdown in demand can lead to reduced revenue for electrical contractors and service providers, causing layoffs, project cancellations, and financial strain. During periods of economic growth, while demand for services increases, rising material costs, labor shortages, and supply chain disruptions can inflate operating expenses.

Covid-19 Impact:

The COVID-19 pandemic had a significant impact on the electrical services industry, disrupting both supply chains and workforce availability. With lockdowns and social distancing measures in place, many electrical contractors faced delays in procuring essential materials, as factories and distributors were either closed or operating at limited capacity. This led to project delays, particularly in construction and infrastructure projects that required electrical installations. On the operational side, many businesses had to adapt to remote work, leading to an increased demand for residential electrical services, especially with home office setups, upgraded power systems, and home appliance repairs. Despite these challenges, the industry demonstrated resilience, embracing safety protocols and leveraging technology for remote consultations and virtual inspections, allowing essential services to continue amid the pandemic's constraints.

The Hardware segment is expected to be the largest during the forecast period

Hardware segment is expected to dominate the largest share over the estimated period. With the integration of smart technologies, such as IoT-enabled devices and sensors, hardware now allows for real-time monitoring and automated control of electrical systems, reducing energy consumption and minimizing downtime. The development of more efficient circuit breakers, transformers, and power distribution units is ensuring better load management and fault detection, leading to enhanced operational performance. Additionally, innovations like energy storage systems and renewable energy integration hardware are helping to modernize electrical grids, supporting the transition to greener energy solutions.

The Healthcare segment is expected to have the highest CAGR during the forecast period

Healthcare segment is estimated to grow at a rapid pace during the forecast period as it meet the growing demands of modern medical facilities. With the rise of advanced medical equipment, digital health technologies, and the need for 24/7 operational reliability, healthcare institutions require highly specialized electrical systems. These systems must ensure continuous power, even in emergencies, with backup solutions like generators and uninterruptible power supplies (UPS). Furthermore, the integration of smart technologies is improving energy efficiency and monitoring, optimizing both operational costs and patient care.

Region with largest share:

North America region is poised to hold the largest share of the market throughout the extrapolated period. As more consumers and businesses transition to EVs, there is an increasing demand for the installation of EV charging infrastructure, including home chargers, public charging stations, and fast-charging networks. This surge in demand is spurring innovation and expansion in electrical services, with utilities and contractors working to upgrade grids, integrate renewable energy sources, and ensure reliable power distribution to meet EV charging needs. Additionally, the need for smart grid technologies, battery storage solutions, and vehicle-to-grid (V2G) systems is growing, as these help optimize energy use and enhance grid stability. These elements are boosting the regional growth.

Region with highest CAGR:

Europe region is estimated to witness the highest CAGR during the projected time frame, by promoting sustainability, safety and innovation. The European Union has implemented a range of directives and standards, such as the European Green Deal and the Clean Energy for All Europeans package, aimed at reducing carbon emissions and transitioning to renewable energy sources. These regulations encourage the adoption of energy-efficient technologies, smart grids, and the use of renewable energy in electrical services. Moreover, stringent safety and quality standards, such as those outlined by the International Electrotechnical Commission (IEC), ensure that electrical installations and systems are reliable, safe, and meet high-performance benchmarks across the region.

Key players in the market

Some of the key players in Electrical Services market include ABB Ltd, Eaton Corporation, Emerson Electric Co, Fluke Corporation, General Electric, Honeywell International Inc, Jacobs Engineering Group, Mitsubishi Electric Corporation, Schneider Electric, Siemens AG and Toshiba Corporation.

Key Developments:

In May 2024, U.S. Electrical Services finalized the acquisition of Askco Electric Supply, serving residential, commercial, and industrial markets. Askco will merge into USESI's Electrical Wholesalers and HZ Electric Supply region while retaining its existing operational identity.

In November 2023, General Electric and ONE entered into a term sheet aimed at advancing the U.S. energy transition through the utilization of locally produced battery technology. This agreement focuses on supplying U.S.-manufactured LFP battery modules and cells for GE Vernova's Solar & Storage Solutions initiatives in the United States.

Components Covered:

• Hardware
• Solutions
• Consulting

Service Types Covered:

• Instrument & Technical Services
• Electrical Construction
• Maintenance & Repair

Applications Covered:

• Industrial
• Commercial
• Residential

End Users Covered:

• Healthcare
• Government
• Transportation
• Farming Business
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Electrical Services Market, By Component

• 5.1 Introduction
• 5.2 Hardware
• 5.3 Solutions
• 5.4 Consulting

6 Global Electrical Services Market, By Service Type

• 6.1 Introduction
• 6.2 Instrument & Technical Services
• 6.3 Electrical Construction
• 6.4 Maintenance & Repair

7 Global Electrical Services Market, By Application

• 7.1 Introduction
• 7.2 Industrial
• 7.3 Commercial
• 7.4 Residential

8 Global Electrical Services Market, By End User

• 8.1 Introduction
• 8.2 Healthcare
• 8.3 Government
• 8.4 Transportation
• 8.5 Farming Business
• 8.6 Other End Users

9 Global Electrical Services Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 ABB Ltd
• 11.2 Eaton Corporation
• 11.3 Emerson Electric Co
• 11.4 Fluke Corporation
• 11.5 General Electric
• 11.6 Honeywell International Inc
• 11.7 Jacobs Engineering Group
• 11.8 Mitsubishi Electric Corporation
• 11.9 Schneider Electric
• 11.10 Siemens AG
• 11.11 Toshiba Corporation