Feb
2026
Electrical contracting services include the design, construction and modernization of power and low-voltage systems that form the backbone of modern buildings and infrastructure. These services span the full lifecycle of a facility, from initial design and construction to long-term reliability and performance, creating durable and recurring opportunities for contractors and investors alike.
New construction demand for electrical contracting is increasingly driven by accelerating data center development, which requires high-density power infrastructure, redundancy, and complex electrical systems, expanding the scope and value of electrical work per project.
- Total market: $254 billion in 2026, projected to exceed $320 billion by 2030 (5.9% compound annual growth rate (CAGR)).
- Segment outlook: Building repair and retrofit leads growth, accounting for $612 billion in cumulative spend through the forecast period.
- Funding: The growing implementation of maintenance programs will sustain recurring revenue potential.
Access the full report to understand the market drivers, opportunities and ways private equity can invest in the space.