Electrical Market in
Baltimore, MD
$217M TAM · Market Score 51/100 · Ranked #27 of 925 MSAs by TAM
Bottom-up market data for the Baltimore, MD MSA. Sourced from PinpointIQ's MSA-level intelligence platform.
Market Score breakdown
How Baltimore scored 51/100 for Electrical
PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Baltimore ranks in the 57th percentile nationally for Electrical.
| Component | Weight | Value | Percentile |
|---|---|---|---|
| % Housing Pre-1980 | 35% | 55.72 | 61 |
| Fragmentation Score | 35% | 0 | 0 |
| Total Housing Units | 30% | 1,201,675 | 98 |
TAM by segment
$217M in Baltimore broken down by segment
Demographic snapshot
Who lives and buys in Baltimore
Frequently asked questions
Electrical market in Baltimore: common questions
How big is the electrical market in Baltimore, MD?
The electrical market in Baltimore, MD has a total addressable market of $217M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Baltimore the #27 largest electrical market of 925 U.S. MSAs.
How many electrical companies are in Baltimore?
PinpointIQ tracks 710 electrical establishments in the Baltimore MSA, employing approximately 11,437 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.
How does Baltimore rank nationally for electrical?
Baltimore scores 51/100 on PinpointIQ's Electrical Market Score, ranking #394 of 925 U.S. metros — the 57th percentile nationally. The Market Score is a percentile-weighted composite of the vertical-specific drivers that make a metro attractive for electrical operators and investors.
What drives electrical demand in Baltimore?
PinpointIQ scores Baltimore's electrical market on 3 components: % Housing Pre-1980 (35% weight, 61th percentile); Fragmentation Score (35% weight, 0th percentile); Total Housing Units (30% weight, 98th percentile). The weights are calibrated to the electrical vertical and applied consistently across every U.S. MSA.
What are the biggest electrical sub-segments in Baltimore?
Baltimore's $217M electrical TAM breaks down into: Electrical Service ($71M, 33% of TAM); Electrical Panel Rewire ($111M, 51% of TAM); Electrical New Install ($35M, 16% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.
Is Baltimore growing? How does population affect the electrical market?
Baltimore has a population of 2,849,436 and has grown 2.1% over the last 5 years. Population change is one of the drivers of electrical demand and factors into PinpointIQ's Market Score alongside vertical-specific attractiveness metrics.
TAM figures reflect PinpointIQ's bottom-up market size model built from U.S. Census, BLS, IRS County Business Patterns, and other public + commercial sources at the census-tract level. Market Score is PinpointIQ's percentile-weighted composite; the components and weights are set per vertical and shown above. Data refreshed monthly.
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