2014 looks set to be a strong year for electricians if recent research from an electrics supply store proves true.
Newey & Eyre's latest report, conducted in partnership with AMA Research, found that the sector can expect some further positive signs of recovery over the next 12 months.
The report is attributing the improvement primarily to the upturn in the construction industry, particularly as the housing sector starts to swing into gear following a protracted downturn. Improved levels of mortgage lending and higher levels of forward registrations is leading to more confidence within the sector and a growing belief that it is finally seeing a period of sustainable growth.
Keith Taylor from AMA Research commented: "While the recovery in the construction industry may not yet be across the board, there are a number of sectors where the opportunities may be more apparent during 2014 and worthy of closer investigation for the electrical contractor."
Luke Biddle, marketing manager with the electrical supply firm, added that it is "great to see that the tide is beginning to turn". He advised the "shrewd electrician" to "take stock of the market, particularly in terms of sustainable innovation in order to fully tap into what promises to be a much brighter year ahead".
In addition to improvements in the residential construction market, the budget hotel segment also looks set to provide work to electricians in the coming months. The study predicts significant increases in room numbers in the coming years, particularly in city centre developments, with Premier Inn recently announcing plans to open a new location every ten days.