PHYSICAL SERVICES
Physical services markets
10 markets · local field services · highly fragmented
AVG S1
8.0%
leader share
AVG CR3
14.8%
weighted 12.0%
AVG HHI
186
Unconcentrated
AVG REV/EMP
$235K
leader avg
AVG SG&A %
14%
of revenue (leader avg)
MARKETS
10
in category
Physical services are stuck at CR3 = 13.8% (simple avg) despite decades of private-equity roll-ups. Labor + local delivery has been the binding constraint. Pest control and waste management are the exceptions — consolidation happened where route density, capital, and brand mattered. Landscaping has 630K+ firms nationwide, the most fragmented market in the dataset. AI attacks dispatch, quoting, scheduling, and sales — the white-collar layer of these field-service businesses, which typically runs 15–70% of revenue.
Markets ranked by S1 (click bar for calculation breakdown)
S1 vs CR3 structure map
Bottom-left = fragmented. Top-right = concentrated. Click dot for calculation →
Historical trends — key markets in Physical Services
5 representative markets. Solid = S1 (leader share), dashed = CR3 (top 3 share).
Metrics:Y-Axis:
Physical Services: Concentration Over Time
How concentrated is the average physical services market? Solid = CR3 (top 3 share), dotted = S1 (leader share).
Metrics:Y-Axis:
What this shows: The solid line is CR3 — the average combined market share of the top 3 companies across 10 physical services markets. The dotted line is S1 — the average share of the #1 company alone. Data spans 1960–2025. Markets included: HVAC Contractors, Roofing, Plumbing, Electrical, Pest Control, Commercial Cleaning, Landscaping, Waste Management, Facilities Maintenance, Fire & Life Safety.
All markets (10) — click any row for detail
MARKETLEADERS1CR3REV/EMPSG&ASIZE
Waste Management
10,000+ firms
Waste Management
22.0%
44.0%
$460K
10%
$100B
Pest Control
33,000+ firms
Rentokil (Terminix)
20.0%
38.0%
$190K
28%
$25B
Facilities Maintenance
50,000+ firms
CBRE (GWS)
10.5%
22.5%
$270K
7%
$120B
Fire & Life Safety
15,000+ firms
JCI / Tyco Fire
8.0%
12.1%
$250K
25%
$25B
Commercial Cleaning
100,000+ firms
ABM Industries
5.0%
6.1%
$75K
8%
$90B
Electrical
90,000+ firms
Quanta Services
4.9%
8.4%
$270K
8%
$230B
HVAC Contractors
117,000+ firms
EMCOR Group
3.5%
6.3%
$270K
10%
$156B
Roofing
80,000+ firms
Tecta America
2.6%
4.9%
$240K
10%
$57B
Landscaping
630,000+ firms
BrightView
1.8%
3.0%
$100K
18%
$130B
Plumbing
120,000+ firms
Roto-Rooter
1.5%
2.8%
$220K
13%
$140B
Data vintage: FY 2024 / FY 2025 · Next refresh: Q3 2026 (mid-FY26 10-Ks)
Source Quality Hierarchy
Every market has a primary source plus 1–3 validation sources. Revenue numerators come from SEC 10-K filings; denominators validated against the Economic Census where available.
TIER 1Authoritative anchorsGovernment data + SEC filings
US Economic Census (data.census.gov) · SEC EDGAR / Company 10-Ks · BEA Industry Value-Added (FRED) · BLS QCEW · USGS Mineral Commodity Summaries · EIA Refinery Capacity Report · FDA device listings
TIER 2Leading commercial trackersIndustry-standard paid trackers
IDC Semiannual Software Tracker · Gartner Market Share & Magic Quadrant · IBISWorld NAICS reports · StatCounter Global Stats · eMarketer / Insider Intelligence · Synergy Research Group
TIER 3Category specialistsBest-in-class niche authorities
SIPRI (aerospace & defense) · IQVIA (pharma) · TrendForce (semiconductors) · CIMdata (CAD/PLM) · Nilson Report (payments) · Am Law 100 (legal) · ENR Top 500 (A&E) · AM Best (insurance) · SIA (staffing) · Ad Age (agencies) · Barron's / Cerulli (wealth) · Evaluate MedTech · Nielsen Gauge (streaming) · Gridwise (ride-hail) · Bloomberg Second Measure (delivery) · RC Top 100 (roofing) · SDM Top 100 (fire/safety) · Big 4 annual reports · ALM Intelligence (consulting)
Data vintage: Q2 2025 research compilation. Labels updated 2026-Q2. Tier 1 sources refreshed from FY2025 SEC filings where available. For full methodology see the Methodology page.