Electrical Work

Electrical Work

Electrical Work companies under SIC 1731 install, upgrade, and maintain wiring, switchgear, lighting, backup power, low-voltage cabling, EV charging stations, and solar or battery tie-ins for commercial builders, industrial plants, data centers, utilities, and residential developers. The sector depends on licensed electricians and strict adherence to the NEC, OSHA safety rules, local permitting, bonding, and inspection requirements, with project delays, supply chain swings, and labor shortages posing key risks. In 2024-2025, demand is fueled by grid modernization, EV infrastructure buildout, renewable interconnections, smart-building retrofits, and prefabricated assemblies that compress schedules, while contractors adopt BIM and AI-enabled estimating to manage margin pressure. Owners and facility managers seek energy efficiency and resilient power, driving service contracts and monitoring offerings alongside traditional installation work. For deeper insight into how publicly traded players execute against these trends, view live SEC filings on Earnings Feed.

Source: Earnings Feed research · Nov 23