Electrical Services in Australia industry market research report now updated by IBISWorld

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.

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