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Utilities in the US - Market Size (2005–2031)

NAICS 22 Last Updated: March 2025
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$1.1tr Utilities in the US Market Size in 2025
2.9% Utilities in the US Market Size Growth in 2025
2.7% Utilities in the US Market Size CAGR 2020-2025
Utilities in the US Market Size CAGR 2025-2030

Curious about what drives these trends? IBISWorld's Utilities in the US Industry Report has got you covered.

Questions Clients Ask About This Industry

  • What was the market size of the Utilities in the US in 2024?

    The market size of the Utilities in the US was $1.1tr in 2024.

  • What was the growth rate of the Utilities in the US in 2024?

    The market size of the Utilities in the US increased 0.4% in 2024.

  • What was the market size of the Utilities in the US in 2025?

    The market size of the Utilities in the US is $1.1tr in 2025.

  • What is the growth rate of the Utilities in the US in 2025?

    The market size of the Utilities in the US increased 2.9% in 2025.

  • Has the Utilities in the US grown or declined over the past 5 years?

    The market size of the Utilities in the US has grown at a 0.4% CAGR between 2019 and 2024.

  • Is the Utilities in the US expected to grow or decline over the next five years?

    See our full analysis of the Utilities in the US to understand if the industry market size is expected to grow or decline over the next five years.

  • Has the Utilities in the US grown or declined over the past 5 years?

    The market size of the Utilities in the US has grown at a 2.7% CAGR between 2020 and 2025.

  • Is the Utilities in the US expected to grow or decline over the next five years?

    See our full analysis of the Utilities in the US to understand if the industry market size is expected to grow or decline over the next five years.

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