Global Electric Service Companies Market 2024-2028

Description

List of Tables

The electric service companies market is forecasted to grow by USD 13.45 bn during 2023-2028, accelerating at a CAGR of 7.46% during the forecast period. The report on the electric service companies market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing deployment of smart grid technologies, increasing digital transformation of the electric service industry, and continued emphasis on smart city initiatives.

Technavio's electric service companies market is segmented as below:

Market Scope
Base Year	2024
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	7.32%
CAGR	7.46%
Incremental Value	$13.45bn

By Type

SMEs
Large enterprises

By End-user

Commercial
Industrial
Residential

By Geography

North America
APAC
Europe
South America
Middle East and Africa

This study identifies the increasing adoption of electrification as one of the prime reasons driving the electric service companies market growth during the next few years. Also, the emergence of advanced metering infrastructure and growing focus on customer-centric services will lead to sizable demand in the market.

The report on the electric service companies market covers the following areas:

Electric service companies market sizing
Electric service companies market forecast
Electric service companies market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric service companies market vendors that include Alpiq Holding Ltd., Center Line Electric Inc., Eaton Corp. Plc, Electric Services Inc., Enel Spa, Facility Solutions Group, General Electric Co., George Brazil Plumbing and Electrical, GREENWAY ELECTRICAL, Helix Electric, Honeywell International Inc., Johnson Controls, MMR Group, Nextera Energy Inc., Schneider Electric SE, Toko Electrical Construction Co. Ltd., Veolia Environnement SA, Iberdrola SA, Mister Sparky Franchising SPE LLC, and Siemens AG. Also, the electric service companies market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR77827

1 Executive Summary

1.1 Market overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028

4 Historic Market Size

4.1 Global electric service companies market 2018 - 2022
4.2 Type Segment Analysis 2018 - 2022
4.3 End-user Segment Analysis 2018 - 2022
4.4 Geography Segment Analysis 2018 - 2022
4.5 Country Segment Analysis 2018 - 2022

5 Five Forces Analysis

5.1 Five forces summary
5.2 Bargaining power of buyers
5.3 Bargaining power of suppliers
5.4 Threat of new entrants
5.5 Threat of substitutes
5.6 Threat of rivalry
5.7 Market condition

6 Market Segmentation by Type

6.1 Market segments
6.2 Comparison by Type
6.3 SMEs - Market size and forecast 2023-2028
6.4 Large enterprises - Market size and forecast 2023-2028
6.5 Market opportunity by Type

7 Market Segmentation by End-user

7.1 Market segments
7.2 Comparison by End-user
7.3 Commercial - Market size and forecast 2023-2028
7.4 Industrial - Market size and forecast 2023-2028
7.5 Residential - Market size and forecast 2023-2028
7.6 Market opportunity by End-user

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation
9.2 Geographic comparison
9.3 North America - Market size and forecast 2023-2028
9.4 APAC - Market size and forecast 2023-2028
9.5 Europe - Market size and forecast 2023-2028
9.6 South America - Market size and forecast 2023-2028
9.7 Middle East and Africa - Market size and forecast 2023-2028
9.8 US - Market size and forecast 2023-2028
9.9 China - Market size and forecast 2023-2028
9.10 Germany - Market size and forecast 2023-2028
9.11 France - Market size and forecast 2023-2028
9.12 India - Market size and forecast 2023-2028
9.13 Market opportunity by geography

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
11.3 Landscape disruption
11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered
12.2 Market positioning of vendors
12.3 Alpiq Holding Ltd.
12.4 Center Line Electric Inc.
12.5 Eaton Corp. Plc
12.6 Enel Spa
12.7 General Electric Co.
12.8 GREENWAY ELECTRICAL
12.9 Helix Electric
12.10 Honeywell International Inc.
12.11 Johnson Controls
12.12 Mister Sparky Franchising SPE LLC
12.13 MMR Group
12.14 Schneider Electric SE
12.15 Siemens AG
12.16 Toko Electrical Construction Co. Ltd.
12.17 Veolia Environnement SA

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
13.3 Currency conversion rates for US$
13.4 Research methodology
13.5 List of abbreviations