	Standard Report	Premium Report
Current State of the Industry
Market Size (industry trends)
Market Forecast (5-year projection)
Products/Services Breakdown
Revenue per State
Financial Metrics
Salary & Compensation Statistics
Public Company Information
Key Private Companies
Government Vendors
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2022 U.S. Industry Statistics & Market Research - Specialty Trade Contractors

Published: November 2022

Market Size & Industry Statistics

The total U.S. industry market size for Specialty Trade Contractors: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Specialty Trade Contractors market size 2022

Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics	2016 2017 2018 2019 2020 2021
Market Size (Total Sales/Revenue)		Order at top of page
Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Average Revenue Per Employee

Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data

Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following extended five-year / six-year demand forecast projects both short-term and long-term trends.

Forecast / Industry Outlook	2022	2023	2024	2025	2026
Market Forecast ($ millions)
Projected Industry Growth Rate (%)

Source: AnythingResearch Economic Analysis

Construction Services Breakdown

The following products and services account for the largest source of revenues in the Specialty Trade Contractors industry. Note that there are multiple levels of classification, so some line items are contained within other lines.

Type of Construction	Total Sales ($ millions)
Construction management, agency or fee only	INCLUDED
Fireproofing flooring contractor	INCLUDED
Building construction on land you own or control, for sale	INCLUDED
Subdividing and servicing of raw land into lots, for sale by you to builders	INCLUDED
Pile driving contractor, underwater	INCLUDED
Construction management, at risk	INCLUDED
Transportation of goods for others	INCLUDED
Miscellaneous foundation, structure, and building exterior contractor	INCLUDED
Wholesale trade	INCLUDED
Rental of construction machinery or equipment to others, without an operator	INCLUDED
Engineering services	INCLUDED
Bridge and ship painting contractor, except traffic lane painting for bridges	INCLUDED
Mining -- minerals produced and sold to others	INCLUDED
Marble, granite, and slate contractor: exterior	INCLUDED
Highway, street, and runway contractors, including public sidewalks, curbs, sign erection and line painting	INCLUDED
Manufacturing -- products manufactured and sold to others	INCLUDED
Wall covering or removal contractor	INCLUDED
Paving contractor -- asphalt or concrete for highways, streets, bridges, or airport runways	INCLUDED
Cable television hook-up contractor	INCLUDED
Remodeling contractor, except those performing specialized work such as carpentry, flooring, doors, or windows	INCLUDED
Miscellaneous building equipment installation contractor	INCLUDED
Building construction on land customer owns	INCLUDED
Retail trade	INCLUDED
Fireproofing for other foundation, structure, and building exterior contractor	INCLUDED
Precast concrete installation contractor	INCLUDED
Welding contractor, operating at site of construction	INCLUDED
Garage door and overhead door installation contractor, residential-type	INCLUDED
Lawn sprinkler installation contractor	INCLUDED
Specialty sheet metal contractor, including metal ceilings, panel, or shelving installation	INCLUDED
Metal curtain wall installation contractor	INCLUDED
Heavy construction contractor, such as bridges, tunnels, pipelines, utility lines, and anchored earth retention	INCLUDED
Masonry contractor: pointing, cleaning, or caulking	INCLUDED
Stucco contractor	INCLUDED
Ornamental metal contractor, including metal stairway, balcony, and wrought iron installation	INCLUDED
Plastering, lathing, or fresco contractor	INCLUDED
Rental of construction machinery or equipment (except cranes) with operator	INCLUDED
Concrete cutting or drilling contractor	INCLUDED
Gutter, gutter guard, and downspout installation contractor	INCLUDED
Cable and conduit laying contractor	INCLUDED
Septic tank, cesspool, and dry well contractor (except sewer hookups to buildings)	INCLUDED
Miscellaneous building finishing contractor	INCLUDED
Building construction, total	INCLUDED
Reinforcing steel contractor	INCLUDED
Steam and pipe fitting contractor	INCLUDED
Carpet laying or removal contractor	INCLUDED
Marble, granite, and slate contractor: interior	INCLUDED
Waterproofing and weather stripping contractor	INCLUDED
Acoustical contractor	INCLUDED
Trenching contractor, except underwater	INCLUDED
Rental of cranes with operator	INCLUDED
Siding contractor, including fascia and soffit	INCLUDED
All other business activities secondary to construction activities	INCLUDED
Highway, street, or bridge lighting and signal installation and service contractor	INCLUDED
Refrigeration contractor	INCLUDED
Wrecking, demolition, or blasting contractor	INCLUDED
Tile, terrazzo and mosaic contractor	INCLUDED
Miscellaneous specialty construction activity	INCLUDED
Building sprinkler system installation contractor	INCLUDED
Insulation contractor, except boiler, pipe, or duct work	INCLUDED
Foundation digging, drilling, or pile driving contractor, except underwater	INCLUDED
Insulation contractor, boiler, pipe, or duct work	INCLUDED
Heavy construction and civil engineering construction, total	INCLUDED
Swimming pool contractor	INCLUDED
Fence construction contractor	INCLUDED
Structural steel erection contractor	INCLUDED
Electronic and environmental control systems installation and service contractor	INCLUDED
Millwright and machine rigging contractor	INCLUDED
Other business activities secondary to construction activities, total	INCLUDED
Floor contractor, including wood, resilient, and computer flooring (except fireproof flooring)	INCLUDED
Fire and security systems installation and service contractor	INCLUDED
Elevator and escalator installation, service, and repair contractor	INCLUDED
Glass, glazing, and tinting contractor	INCLUDED
Masonry contractor, brick, block, or stone (except brick paving)	INCLUDED
Telecommunications installation and service contractor (except transmission lines)	INCLUDED
Framing contractor	INCLUDED
Asphalt, concrete, and brick paving contractor, residential or commercial driveways and parking areas	INCLUDED
Finish carpentry contractor	INCLUDED
Painting contractor	INCLUDED
Drywall contractor	INCLUDED
All other construction activity	INCLUDED
Mechanical contractor	INCLUDED
Roofing contractor	INCLUDED
Concrete contractor, except paving or precast	INCLUDED
Excavation work: earthmoving or land clearing contractor	INCLUDED
Plumbing contractor	INCLUDED
Heating, ventilation and air-conditioning contractor (HVAC)	INCLUDED
Electric power installation and service contractor, including lighting	INCLUDED

U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

	Industry Average	Percent of Sales (Industry Benchmark)
Total Revenue	Order at top of page
Operating Revenue
Cost of Goods Sold
Gross Profit
Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit Net Income

Source: AnythingResearch Analysis of U.S. federal statistics

Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Specialty Trade Contractors company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation Ratios	Industry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Specialty Trade Contractors industry is performing.
Profit Margin Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE) Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA) Return on Assets (ROA) is net income relative to total assets. The market research on Specialty Trade Contractors measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.

Liquidity Ratios	Industry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test) Calculates liquid assets relative to liabilities, excluding inventories.

Efficiency Ratios - Key Performance Indicators	Industry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.

Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

Title	Percent of Workforce	Bottom Quartile
Management Occupations	4%	Order at top of page
Chief Executives	0%
General and Operations Managers	2%
Office and Administrative Support Occupations	10%
Construction and Extraction Occupations	64%
Supervisors of Construction and Extraction Workers	6%
First-Line Supervisors of Construction Trades and Extraction Workers	6%
First-Line Supervisors of Construction Trades and Extraction Workers	6%
Construction Trades Workers	54%
Brickmasons, Blockmasons, and Stonemasons	7%
Brickmasons and Blockmasons	6%
Carpenters	5%
Carpenters	5%
Carpet, Floor, and Tile Installers and Finishers	7%
Cement Masons, Concrete Finishers, and Terrazzo Workers	10%
Cement Masons and Concrete Finishers	10%
Construction Laborers	8%
Construction Laborers	8%
Construction Equipment Operators	16%
Operating Engineers and Other Construction Equipment Operators	14%
Drywall Installers, Ceiling Tile Installers, and Tapers	12%
Drywall and Ceiling Tile Installers	10%
Tapers	6%
Electricians	10%
Electricians	10%
Insulation Workers	11%
Insulation Workers, Floor, Ceiling, and Wall	9%
Insulation Workers, Mechanical	9%
Painters and Paperhangers	19%
Painters, Construction and Maintenance	19%
Pipelayers, Plumbers, Pipefitters, and Steamfitters	7%
Plumbers, Pipefitters, and Steamfitters	7%
Plasterers and Stucco Masons	5%
Plasterers and Stucco Masons	5%
Roofers	13%
Roofers	13%
Sheet Metal Workers	6%
Sheet Metal Workers	6%
Helpers, Construction Trades	11%
Helpers, Construction Trades	11%
Helpers--Brickmasons, Blockmasons, Stonemasons, and Tile and Marble Setters	11%
Helpers--Electricians	7%
Other Construction and Related Workers	16%
Elevator Installers and Repairers	16%
Elevator Installers and Repairers	16%
Installation, Maintenance, and Repair Occupations	11%
Electrical and Electronic Equipment Mechanics, Installers, and Repairers	6%
Other Installation, Maintenance, and Repair Occupations	8%
Heating, Air Conditioning, and Refrigeration Mechanics and Installers	5%
Heating, Air Conditioning, and Refrigeration Mechanics and Installers	5%
Industrial Machinery Installation, Repair, and Maintenance Workers	8%
Millwrights	7%
Transportation and Material Moving Occupations	12%
Motor Vehicle Operators	7%
Driver/Sales Workers and Truck Drivers	7%
Heavy and Tractor-Trailer Truck Drivers	7%

Source: Bureau of Labor Statistics

Specialty Trade Contractors Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Specialty Trade Contractors industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Specialty Trade Contractors industry and adjacent sectors:

Market Leaders: Direct Competitors Companies with the largest market share, focused in this industry	Market leaders: Diversified Competitors Largest companies that have diversified operations in this and other industries
Innovators: Direct Competitors Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.	Innovators: Diversified Competitors Innovators and Disruptors in adjacent industries that may also affect the Specialty Trade Contractors industry.

Source:

Executive Briefings

Our T MYR Group

Government Contracts

In 2020, the federal government spent a total of $6,564,064,187 on Specialty Trade Contractors. It has awarded 13474 contracts to 5378 companies, with an average value of $1,220,540 per company.