Building Equipment Contractors - Market Size, Financial Statistics, Industry Trends
Industry Overview
This industry group comprises establishments primarily engaged in installing or servicing equipment that forms part of a building mechanical system (e.g., electricity, water, heating, and cooling). The work performed may include new work, additions, alterations, maintenance, and repairs. Contractors installing specialized building equipment, such as elevators, escalators, service station equipment, and central vacuum cleaning systems, are also included.Source: U.S. Census Bureau
Building Equipment Contractors Market Size
This report includes historical and forecasted market sizes and industry trends for Building Equipment Contractors. It reveals overall market dynamics from 2020 through the present, and predicts industry growth or shrinkage through 2030. Revenue data include both public and private companies in the Building Equipment Contractors industry.| Historical | Forecasted | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | |
| Market Size (Total Revenue) | Included in Report |
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| % Growth Rate | |||||||||||
| Number of Companies | |||||||||||
| Total Employees | |||||||||||
| Average Revenue per Company | |||||||||||
| Average Employees per Company | |||||||||||
Industry Revenue ($ Billions)
Industry Forecast ($ Billions)
Pell Research's advanced econometric models forecast five years of industry growth based on short- and long-term trend analysis. Market size statistics include revenue generated from all products and services sold within the Building Equipment Contractors industry.
Geographic Breakdown by U.S. State
Building Equipment Contractors market share by state pinpoints local opportunities based on regional revenue statistics. Growth rate for each state is affected by regional economic conditions. Data by state can be used to locate profitable and nonprofitable locations for Building Equipment Contractors companies in the United States.Industry Revenue by State [Sample]
Distribution by Company Size
| Company Size | All Industries | Building Equipment Contractors |
|---|---|---|
| Small Business (< 5 Employees) | Included |
|
| Small Business (5 - 20) | ||
| Midsized Business (20 - 100) | ||
| Large Business (100 - 500) | ||
| Enterprise (> 500) | ||
Industry Income Statement (Average Financial Metrics)
Financial statement analysis determines averages for the following industry forces:- Cost of goods sold
- Compensation of officers
- Salaries and wages
- Employee benefit programs
- Rent paid
- Advertising and marketing budgets
The report includes a traditional income statement from an "average" Building Equipment Contractors company (both public and private companies are included).
| Industry Average | Percent of Sales | |
|---|---|---|
| Total Revenue | Included |
|
| Operating Revenue | ||
| Cost of Goods Sold (COGS) | ||
| Gross Profit | ||
| Operating Expenses | ||
| Operating Income | ||
| Non-Operating Income | ||
| Earnings Before Interest and Taxes (EBIT) | ||
| Interest Expense | ||
| Earnings Before Taxes | ||
| Income Tax | ||
| Net Profit | ||
Average Income Statement
Cost of Goods Sold
Salaries, Wages, and Benefits
Rent
Advertising
Depreciation and Amortization
Officer Compensation
Net Income
Financial Ratio Analysis
Financial ratios allow a company's performance to be compared against that of its peers.| Financial Ratio | Industry Average |
|---|---|
| Profitability Ratios | Included |
| Profit Margin | |
| ROE | |
| ROA | |
| Liquidity Ratios | |
| Current Ratio | |
| Quick Ratio | |
| Activity Ratios | |
| Average Collection Period | |
| Asset Turnover Ratio | |
| Receivables Turnover Ratio | |
| Inventory Conversion Ratio |
Compensation and Salary Surveys
Salary information for employees working in the Building Equipment Contractors industry.| Title | Percent of Workforce | Bottom Quartile | Average (Median) Salary | Upper Quartile |
|---|---|---|---|---|
| Management Occupations | 5% |
Included |
||
| Chief Executives | 0% | |||
| General and Operations Managers | 2% | |||
| Office and Administrative Support Occupations | 11% | |||
| Construction and Extraction Occupations | 55% | |||
| Construction Trades Workers | 45% | |||
| Electricians | 22% | |||
| Electricians | 22% | |||
| Insulation Workers | 11% | |||
| Insulation Workers, Mechanical | 9% | |||
| Pipelayers, Plumbers, Pipefitters, and Steamfitters | 15% | |||
| Plumbers, Pipefitters, and Steamfitters | 15% | |||
| Sheet Metal Workers | 6% | |||
| Sheet Metal Workers | 6% | |||
| Helpers, Construction Trades | 5% | |||
| Helpers, Construction Trades | 5% | |||
| Helpers--Electricians | 7% | |||
| Other Construction and Related Workers | 16% | |||
| Elevator Installers and Repairers | 16% | |||
| Elevator Installers and Repairers | 16% | |||
| Installation, Maintenance, and Repair Occupations | 20% | |||
| Electrical and Electronic Equipment Mechanics, Installers, and Repairers | 6% | |||
| Other Installation, Maintenance, and Repair Occupations | 15% | |||
| Heating, Air Conditioning, and Refrigeration Mechanics and Installers | 11% | |||
| Heating, Air Conditioning, and Refrigeration Mechanics and Installers | 11% | |||
| Industrial Machinery Installation, Repair, and Maintenance Workers | 8% | |||
| Millwrights | 7% | |||
Government Contracts
The federal government spent an annual total of $1,783,973,272 on the Building Equipment Contractors industry. It has awarded 18,688 contracts to 5,106 companies, with an average value of $349,388 per company.Top Companies in Building Equipment Contractors and Adjacent Industries
| Company | Address | Revenue ($ Millions) |
|---|---|---|
Included |
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