U.S. Electrical Services to Hit $170 Billion – Market Trends

by | Sep 23, 2021 | 0 comments |

The U.S. Electrical Services Market value is anticipated to cross USD 170 Billion by 2027. Grid modernization and advanced electrical equipment are two of the many reasons why experts expect this major increase. The industry is set to rise on account of growing transmission and distribution investments.
Some things the U.S. electrical services market report talk about are:

  • Government infrastructure plans and how it’ll effect the market
  • New technological advancements that will fix on going issues the market faces
  • Development and construction of microgrid networks

In 2019, according to the U.S. Central Bureau, the commercial construction spending across the country witnessed an increase of 4% when compared with 2018. Though some industries were hit harshly by the pandemic last year, the electrical services industry was not as state government implied no prohibitions.
Click here to read the full report posted on March 21st, 2021 on Intrado.

0 Comments

Blogs You Might Be Interested In

Simple Lighting Control Strategies that Save Money

Simple Lighting Control Strategies that Save Money

There are a shocking number of buildings that have lighting strategies that waste energy and make spaces uncomfortable for employees. Productivity falls, and businesses lose money. The Commercial Buildings Energy Consumption Survey states that lighting is responsible...

Exterior Signage – Signage Types and Services

Exterior Signage – Signage Types and Services

Exterior signage lets you bring the advertising to your customers. It allows you to easily reach them outdoors, whether they are driving, walking, or biking. Outdoor or out-of-home (OOH) advertising makes it easy for you to promote your brand in public spaces by...

The Most Efficient Solar Panels for 2023

The Most Efficient Solar Panels for 2023

Installing solar panels in a home or commercial building lowers utility bills and conserves energy. However, solar panel fabrication plays a role in its effectiveness. Understanding the differences between the various types of solar panels can help you make the right...

News You Might Be Interested In

Horticultural Society Recommends LED Lighting for Plants

Horticultural Society Recommends LED Lighting for Plants

Horticulturists are finding new and innovative ways to help their plants using lighting. There are now new lighting requirements for horticulturists to use on their crops. The controlled agriculture industry (CEA) finalized lighting requirements for LEDS to be used...

Innovative Ways Banks Can Use Digital Displays

Innovative Ways Banks Can Use Digital Displays

Digital signage and displays are gaining more popularity as a tactical marketing strategy. Digital signage will inform customers and clients and keep them engaged with the business. Banks are finding new ways to incorporate digital signage and displays throughout...

Restaurants Get Creative with Digital Signage

Restaurants Get Creative with Digital Signage

Since the pandemic, restaurants have been strategizing ways to incorporate digital signage into their business as a way to lower the spread of Covid. When dining areas were shut down, the digital signage market suffered because customers were relying on delivery and...

Join Our Community

Thousands of business professionals rely on Action Services Group for the latest in Lighting,
Signage, and Electrical news. Add yourself to our community and receive timely updates on
safety, new products, energy savings, rebates, and so much more.
You can select what information you would like to receive.