Electrical Services in Australia Industry Market Research Report Now Updated by IBISWorld

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The Electrical Services industry's performance has been underpinned by demand for installation work in the engineering infrastructure market, which has offset the subdued demand for wiring and equipment installation in the building market. Electrical contractors have derived some stimulus from the injection of public sector funding of school refurbishments and the reconstruction following the 2011 floods in Queensland and Victoria. For these reasons, industry research firm IBISWorld has updated its report on the Electrical Services industry in Australia.

IBISWorld Market Research

IBISWorld Market Research

Industry activities span across all building, infrastructure and industrial markets

The Electrical Services industry is the largest of the building and construction contracting trades, accounting for about one-seventh of the gross product, revenue and employment in the construction trade services sector. Industry activities span across all building, infrastructure and industrial markets. Services provided include the installation of new electrical, electronic, communications and industrial equipment; the installation of wiring and cabling; and the repair and maintenance of existing electrical equipment and fixtures. According to IBISWorld industry analyst, Anthony Kelly, “the Electrical Services industry is expected to generate revenue totalling $12 billion in 2012-13, an increase by 2.1% on the previous year”. Revenue is expected to grow by an annualised 1.5% over the five years through 2012-13, exceeding the pace of annualised GDP growth.

The Electrical Services industry's performance has been underpinned by demand for installation work in the engineering infrastructure market (work on mining, transport, power and communications projects), which has offset the subdued demand for wiring and equipment installation in the building market (i.e. new homes and office developments). Kelly adds, “the industry's medium to long-term performance has been boosted by work resulting from the emergence of new technologies, particularly broadband communications cabling”. Electrical contractors have derived some stimulus from the injection of public sector funding of school refurbishments and the reconstruction following the 2011 floods in Queensland and Victoria.

The Electrical Services industry is forecast to record annualised growth over the five years to 2017-18, roughly in line with the pace of GDP growth. Growth is expected to be supported by the cyclical resurgence in the downstream building markets and the continued spread of electrical and electronic technology. The industry has a low concentration of ownership and is characterised by its many small-scale, regionally dispersed establishments. The industry’s major players are Norfolk Group Limited, Stowe Australia Pty Limited, Downer EDI Limited, UGL Limited, Transfield Services Limited and Oliver J Nilsen (Australia) Ltd

For more information, visit IBISWorld’s Electrical Services report in Australia industry page.

Follow IBISWorld on Twitter: http://twitter.com/#!/ibisworldau

IBISWorld industry Report Key Topics

This industry consists of contractors that install electrical wiring or fittings in buildings or other construction projects. Operators in the industry are also involved in the repair and maintenance of existing electrical equipment and fixtures.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
International Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalisation
Major Companies
Operating Conditions
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognised as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every Australian industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Melbourne, IBISWorld serves a range of business, professional service and government organisations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com.au or call (03) 9655 3886.

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Gavin Smith
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