Elevator and escalator installation contractors
This Canadian industry comprises establishments primarily engaged in installing or servicing elevators and escalators, moving sidewalks and similar conveying equipment in buildings. The work performed may include new work, additions, alterations, maintenance, and repairs. — Statistics Canada, NAICS 2022A
- Establishments · CanadaA
- 257
- Under 10 employeesA
- 43%
Size and shape
How many businesses there are and how small they are. Fragmentation is the first thing an entrant — or anyone selling software into this industry — needs to know, and it is one of the few things that is actually measured.
Canadian establishments by number of employeesA
Of 257 Canadian establishments with employees, 43% have fewer than ten — weighted toward mid-sized establishments.
Where they areA
Largest four provinces by establishment count. Establishments with employees only — sole operators with no payroll are not in this table, so in trades and personal services the true number of businesses is higher.
Measured, not forecast: the share of US establishments opening in one year that were still active later. It counts good operators and bad ones together, which is exactly why it is the honest answer to “what are the odds”. It is for the whole sector rather than this market, and the ten-year figure comes from an older cohort because no younger one has reached ten years.
No US figure is shown. County Business Patterns is coded to the 2017 US edition of NAICS; this code either does not exist there, names a different industry, or is outside the programme's coverage (most of agriculture, rail, postal and public administration are). A figure is attached only where both the code and the title agree.
How businesses here compete
The structural profile of subsector 238, which every industry beneath it inherits. This is analyst judgment from how the subsector is organised — not research into this industry, and not a measurement.
The most enterable corner of construction: a licence, a truck and a trade. Service and repair work prices better and is steadier than new-build subcontracting, and owners retiring without successors make acquisition a real path.
- Who sets the price
- General contractors on new work; the contractor itself on service and repair.
- The software it runs on
- Field-service management — dispatch, quoting, invoicing, payments. The most contested vertical software category there is.
Market screens and studies
Market-entry records filed along this branch of the hierarchy. A record at or beneath this code is about this industry; one above it is about something wider that contains it.
Screened one level up. Nothing is filed at this exact code; the screen for 2382 Building equipment contractors covers it.
Structurally identical to the mechanical trades study and served by the same incumbent. Rather than duplicate it, the service-agreement wedge identified in 238220 should be tested across both trades at once — electrical contractors run the same maintenance-agreement model. Sourced update: ServiceTitan closed FY2026 at $961M, +24%. Electrical contractors are served by the same platform as the mechanical trades studied at 238220, so this market has no incumbent of its own to attack.
The 'buy a boring business' thesis found this industry several years ago and repriced it: private-equity platforms and search funds now bid for the same HVAC and plumbing books, and multiples that were three to four times earnings are commonly five to eight. The buyer must also be the operator — technicians follow the owner, and licensing sits with individuals — so an absentee acquisition is the failure mode. The contractor software market at this code is a full study; this record is the operating business beneath it.
The category leader has priced itself out of the bottom two-thirds of its own market — but >95% retention means the play is selling beside it, never instead of it.
Software serving this industry
The vertical software markets filed along the same branch — who sells to these businesses and who they would have to displace — and then the generic categories every business buys whatever it does.
Sold across the wider branch
And what every business buys · 25 generic categories
Sold to every industry rather than this one, so they are filed against the software industry's own code. The same few vendors recur across most of them.
Who works here
The occupations employed in Construction, most concentrated in it first. The share is measured against the whole sector, not this industry — the published cross-tabulation stops there.
Concentrated in this sectorA
These jobs are mostly done here. An operator in this industry is competing for them against others in the same industry, not against the whole economy.
And the jobs every business has
Found across at least fourteen of the twenty sectors. In a small establishment several of these are usually one person, or an outside provider.
Alongside this industry
This is the most specific level NAICS defines. The other industries under 23829 are its nearest neighbours.
| Code | Industry | Establishments · CA | What is known |
|---|---|---|---|
| 238299 | All other building equipment contractors | 2,058 | screened at 2382 |