Industry Analysis & Industry Trends
The Electricians industry operates in all building, infrastructure and industrial markets. Electricians install new electrical, communications and industrial equipment, and repair and maintain existing electrical equipment and fixtures. The industry is primarily affected by trends in downstream demand from construction markets. It took longer than expected for the protracted economic recovery to lead to increased demand for industry services, although spending on essential maintenance and repair services provided some respite to operators at the start of the five-year period through 2016-17.
Over the five years through 2016-17, industry revenue is estimated to rise at a compound annual rate of 1.2% to reach £24.8 billion... purchase to read more
Industry Report - Industry Locations Chapter
The geographic spread of construction activity generally corresponds with the distribution of economic activity and population, along with trends in new construction activity.
The South East and the East of England
The South East and the East of England regions account for 17% and 12.6% of industry establishments respectively, which outweigh both regions' share of UK population. This largely reflects the large amount of construction activity. Much of this construction activity is based in the London commuter belt, as London's population continues to grow. The regions also offer excellent access to London for industry operators, where there is a considerable amount of construction activity taking place. Res.. purchase to read more