Electrical · Denver, CO

Electrical Market in
Denver, CO

$380M TAM · Market Score 38/100 · Ranked #17 of 925 MSAs by TAM

Bottom-up market data for the Denver, CO MSA. Sourced from PinpointIQ's MSA-level intelligence platform.

Total TAM
$380M
rank #17 of 925
Market Score
38/100
rank #725 of 925 · 21th percentile
Operators
1,016
13,865 employees
Pop. growth (5-yr)
7.3%
rank #186 of 872

Market Score breakdown

How Denver scored 38/100 for Electrical

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Denver ranks in the 21th percentile nationally for Electrical.

ComponentWeightValuePercentile
% Housing Pre-198035%41.0324
Fragmentation Score35%00
Total Housing Units30%1,290,06398

TAM by segment

$380M in Denver broken down by segment

Electrical Service
$117M
31% of total TAM
Electrical Panel Rewire
$135M
36% of total TAM
Electrical New Install
$128M
34% of total TAM

Demographic snapshot

Who lives and buys in Denver

Population
3,002,721
7.3% 5-yr growth
Median HH income
$105,762
33.2% HHs $150K+
Housing units
1,290,063
14.2% age 65+
GDP per capita
$109,961

Frequently asked questions

Electrical market in Denver: common questions

How big is the electrical market in Denver, CO?

The electrical market in Denver, CO has a total addressable market of $380M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Denver the #17 largest electrical market of 925 U.S. MSAs.

How many electrical companies are in Denver?

PinpointIQ tracks 1,016 electrical establishments in the Denver MSA, employing approximately 13,865 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.

How does Denver rank nationally for electrical?

Denver scores 38/100 on PinpointIQ's Electrical Market Score, ranking #725 of 925 U.S. metros — the 21th 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 Denver?

PinpointIQ scores Denver's electrical market on 3 components: % Housing Pre-1980 (35% weight, 24th 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 Denver?

Denver's $380M electrical TAM breaks down into: Electrical Service ($117M, 31% of TAM); Electrical Panel Rewire ($135M, 36% of TAM); Electrical New Install ($128M, 34% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

Is Denver growing? How does population affect the electrical market?

Denver has a population of 3,002,721 and has grown 7.3% 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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