Procurement Market Intelligence Report
Electrical Engineering Services
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Electrical Engineering Services Global Overview
Definition
Summary
Suppliers of these services help buyers with voltage power distribution, facility electrical system design, lighting design, building system controls, standby power applications, power system analysis and electrical safety code compliance.
This Report Includes:
- Voltage Power Distribution
- Facility Electrical System Design
- Lighting Design
- Building System Controls
- Standby Power Applications
Not in this Report:
- Electronics Engineering Services
- Computer Engineering Services
Global Electrical Engineering Services Procurement Trends
Discover the top international trends affecting procurement in the global Electrical Engineering Services market.
Warning Trends
Russian invasion of Ukraine is putting additional strain on US chip supply
- Until recently, the United States sourced nearly all of its neon gas (an essential material in the laser imprinting process to produce semiconductors) from Ukrainian and Russian producers. Previous conflicts between the two nations, specifically related to the Crimea conflict in 2014, resulted in a nearly 600.0% increase in the price of neon.
- The Russian Ministry of Industry and Trade has been limiting neon gas exports as part of its sanctions against countries it views as unfriendly. This move has been adding to lead times and prices for neon.
- Downstream semiconductor manufacturers keep stockpiles of neon gas that have allowed them to continue manufacturing chips, though it is unknown how long these stockpiles will last. Semiconductor manufacturers will likely pay higher prices for neon gas outside Ukraine as global supplies dwindle.
Global Electrical Engineering Services Market - Suppliers by Region
| Country/Region | Number of Suppliers |
|---|---|
| #1Europe | 41,965 |
| #2China | 32,645 |
| #3United States | 23,200 |
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Geography Drilldown - US, Canada & Europe
Average Cost of Electrical Engineering Services
United States
2025 Market Pricing$1.00 to $XX.XX
of the project's budgetCanada
Europe
Average Price
Prices in the Electrical Engineering Services market range from $1.00 to $XX.XX, depending on Type of Project, Complexity, Experience and Construction Budget. For example, lower prices are associated with Industrial Buildings (5.0% to 15.0% of the project's budget) and Warehouses (5.0% to 15.0% of the project's budget), whereas higher prices are associated with Hospitals (8.0% to 22.0% of the project's budget) and Auditoriums (9.0% to 20.0% of the project's budget).
Need the scoop on international price trends?
Between our Europe and Canada collections, we provide price data for 350 markets so you can instantly compare prices across borders. Or, use our custom research services for intel on prices in any region across the globe.
Electrical Engineering Services Category Price Trends
Pricing trends are indicated by the compound annual growth rate (CAGR) during a set period of time. For the Electrical Engineering Services market, prices in the US have grown 2.4% from 2022 to 2025. and +1.5% in Europe.
United States (2022-2025)
2.4%
Compound Annual Growth RateCanada (2016-2019)
0.2%
Compound Annual Growth RateEurope (2022-2025)
1.5%
Compound Annual Growth RateWondering where prices are heading?
Price trend forecasts are available to subscribers, along with price driver projections and forward-looking cost structure data.
Cost Analysis - Total Cost of Ownership for Electrical Engineering Services
Total cost of ownership is Low in the Electrical Engineering Services market. The average cost of ownership differs depending on the contract but generally includes costs negotiated before the contract begins, costs billed during the contract period and unforeseen costs. For example, unforeseen costs in the form of Scope Changes may raise the total cost of ownership unexpectedly.
Negotiated Before
Pre-evaluation
Billed During
Additional Fees
Travel
Maintenance
Unforeseen
Scope Changes
Buyer Power in Procurement Negotiations
In 2025, buyer power amounts to -1.1 in the United States. Buyer power is most positively impacted by Switching Costs. It is most negatively impacted by Recent Price Volatility. Subscribers can access details on eight other factors that impact buyer power. Learn more
United States
Canada
Europe
Buyer power forecasts: your glimpse into the future
Develop strategies for the upcoming year and identify unforeseen opportunities for buying now
- Actionable "Buy Now" and "Buy Later" insights
- Near-real-time updates to current and forecast Buyer Power Scores
- Methodology and weightings for Buyer Power Score Components
Supply Chain Risk
The average level of supply chain risk is assessed as Low, which has a positive impact on buyer power. The level of supply chain risk is affected by industry volatility, barriers to entry, competition, import penetration, regulation and industry financial risk. Buyers in this market can mitigate procurement and supply chain management risks by monitoring risk levels for individual first and second tier suppliers:
1st
Tier Suppliers
- Computer & Electronic Product Wholesalers
- Packaged Software Publishers
- Office Stationery Wholesalers
- Electrical Testing Equipment Retailers
2nd
Tier Suppliers
- Semiconductor & Circuit Manufacturers
- Engineering Software Publishers
- Office Stationery Manufacturers
- Electrical Testing Equipment Manufacturers
Biggest Electrical Engineering Services Suppliers in the US by Revenue
The largest Electrical Engineering Services vendors by revenue in the US are WSP Global Inc., Jacobs Engineering Group Inc. and Aecom. Subscribers can sort and filter by market share concentration, profit level and other factors. Learn more
| Supplier | Operational Size | Headquarters | Number of Employees | Market Share (%) | Market Share Performance (3yr trend) | Total Revenue ($ million) | Profit Level (%) | Risk Level |
|---|---|---|---|---|---|---|---|---|
| Aecom | Global | DALLAS, TX | >10,000 | 10-15 | ||||
| Jacobs Engineering Group Inc. | Global | DALLAS | 1,001-10,000 | 10-15 | ||||
| WSP Global Inc. | Global | Montréal | >10,000 | 5-10 | ||||
| Stantec Inc. | Global | Edmonton | >10,000 | 5-10 | ||||
| Burns & Mcdonnell, Inc. | Global | Kansas City, MO | 1,001-10,000 | 5-10 | ||||
| Tetra Tech, inc. | Global | PASADENA, CA | >10,000 | < 5 | ||||
| JENSEN HUGHES Inc. | Global | Baltimore, MD | 1,001-10,000 | < 5 | ||||
| Ips-Integrated Project Services, Llc | Global | Blue Bell, PA | 1,001-10,000 | < 5 | ||||
| IMEG Corp. | International | Rock Island, IL | 1,001-10,000 | < 5 | ||||
Looking for a list of suppliers by country?
Subscribers can access vendor information on Canadian and European suppliers, too. We also offer custom research services to help with vendor sourcing anywhere in the world.
Profit Analysis
The average profit margin across vendors in the Electrical Engineering Services market is 9.6% and steady. Profit levels shift depending on suppliers' spend on wages, purchases and overhead. The highest cost component for vendors is Purchases. The cost trend for this component is falling, when considering movement between 2024 and 2025. To understand cost forecasts for 2026 and uncover the implications on profit, start your subscription. Learn more
Vendor & Supply Chain Analysis
Vendor risk is low in this market, so buyers can expect to be more secure when negotiating long-term electrical engineering contracts during the next three years.
Moderate market share concentration is not detrimental to buyers because a high number of suppliers ensures heavy price-based competition. However, market share does fluctuate year-on-year due to the cyclical nature of the construction sector.
Upstream suppliers pose little threat to engineering vendors’ ability to acquire the necessary inputs to provide their services.
Regulatory change will moderately affect the purchasing process during the next three years as prices continue to rise in line with demand for more specialized electrical engineering services.
The United States is considered a net importer of safety headwear, which presents the domestic market with a wide range of products and vendors to select from, enhancing competition in the market. However, increased reliance on imported goods elevates the risk of supply disruptions somewhat with fluctuating trade regulations.
Supplier Information
Jacobs Engineering Group Inc.
Jacobs Engineering Group Inc. is a technical, professional, and construction services company. It offers two lines of businesses: the Critical Mission Solutions segment, which focuses on digital transformation and modernization, national security and defense, space exploration, digital asset management, the... Subscribe to learn more
Aecom
Aecom is a public company operating globally in the construction, professional, scientific and technical services, administration, business support and waste management services and healthcare and social assistance sectors. The company's offerings include general contractor services, industrial building &... Subscribe to learn more
Burns & Mcdonnell, Inc.
Burns & Mcdonnell, Inc. is a private company operating globally in the construction and professional, scientific and technical services sectors. The company's offerings include oil & gas refinery construction, transmission tower construction, power line construction, geotechnical engineering services, electrical... Subscribe to learn more
Stantec Inc.
Stantec Inc. is a public company operating globally in the professional, scientific and technical services and administration, business support and waste management services sectors. The company's offerings include interior design services, tank & line testing services, environmental planning services, environmental... Subscribe to learn more
WSP Global Inc.
WSP Global is a design, engineering, and project management company. It serves the transportation & infrastructure, Earth & Environment, property & buildings, power & energy, and industry sectors. It offers professional services throughout all project execution phases, including initial development, planning... Subscribe to learn more
Affiliated Engineers, Inc.
Affiliated Engineers, Inc. is a private company operating internationally in the professional, scientific and technical services sector. The company's offerings include electrical engineering services. Founded in 1978, the company is currently headquartered in Madison, Wisconsin, United States of America Subscribe to learn more
Henderson Engineers Inc.
Henderson Engineers Inc. is a private company operating nationally in the professional, scientific and technical services sector. The company's offerings include electrical engineering services. Founded in 1970, the company is currently headquartered in Lenexa, Kansas, United States of America with an estimated... Subscribe to learn more
RG Vanderweil Engineers LLP
RG Vanderweil Engineers LLP is a private company operating nationally in the professional, scientific and technical services sector. The company's offerings include electrical engineering services. Founded in 1950, the company is currently headquartered in Boston, Massachusetts, United States of America with... Subscribe to learn more
SH Group, Inc.
SH Group, Inc. is a private company operating globally in the professional, scientific and technical services sector. The company's offerings include electrical engineering services. Founded in 1928, the company is currently headquartered in Culver City, California, United States of America with an estimated... Subscribe to learn more
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Procurement Management KPIs for the Electrical Engineering Services Market
Managing vendor performance throughout the contract period is easier when tracking specific key performance indicators (KPIs). For example, buyers should monitor Human Capital ROI and Net Working Capital (NWC). Buyers may experience better performance throughout their contracts if they establish service level agreements (SLAs) based on Construction Management and other factors.
| KPI | Level of Importance (1-5) | Measurements | Key Considerations |
|---|---|---|---|
| Human Capital ROI | Total Revenue Operating Expenses Employee Compensation | Human capital return on investment represents the incremental revenue generated from investment in human capital. Human capital return on investment can be used to evaluate workforce costs against company output. Human capital return on investment can be used to quantify the impacts of workforce expenditures. | |
| Net Working Capital (NWC) | Current Assets Current Liabilities | Net working capital represents a company’s liquidity. Net working capital can be used to determine a company’s ability to fund current operations. Net working capital can be used to determine a company’s ability to invest in business growth. | |
Questions to Ask During Procurement Negotiations
How can I gain leverage during negotiations?
Price
What is the typical payment schedule?
How are surprise expenses, cost overruns and changed orders factored into the payment schedule?
Experience and Expertise
Do you possess any additional certifications from trade associations?
Have you served businesses like mine? Can you provide a portfolio of similar projects you have worked on?
Value-Added Services
What additional services can you provide? How will they change the price?
What is the typical turnaround time for your services?
The ultimate prep for procurement negotations
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Electrical Engineering Services RFP Guidelines
What should my RFP include?
Organizational Overview
Buyers should describe their organizations and explain why they are seeking electrical engineering services.
Buyers should give a description of their project and the extent of electrical engineering services required.
Statement Of Need
Buyers should provide a detailed description of the type of project they will be conducting and how electrical design will be integrated.
Buyers should also include a detailed description of the buyer's power consumption, if relevant to the project.
Project Budget
Buyers should explicitly state the amount of the contract award.
Buyers should explain whether they expect to pay for services after each project or at some other point during the life of the contract.
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Our Reports include:
- Opportunity assessment
- Market dynamics
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- Positive and warning trends
- Buyer power levers
- Price environment and market pricing
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- Total cost of ownership
- Cost structure benchmarks and analysis
- Supply chain and vendors
- Global supplier breakdown
- Market share concentration
- Regulation and business requirements
- Vendor management and KPIs
- Sourcing strategy guidance
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