Electrical Market in
Las Vegas, NV
$216M TAM · Market Score 29/100 · Ranked #28 of 925 MSAs by TAM
Bottom-up market data for the Las Vegas, NV MSA. Sourced from PinpointIQ's MSA-level intelligence platform.
Market Score breakdown
How Las Vegas scored 29/100 for Electrical
PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Las Vegas ranks in the 7th percentile nationally for Electrical.
| Component | Weight | Value | Percentile |
|---|---|---|---|
| % Housing Pre-1980 | 35% | 17.54 | 1 |
| Fragmentation Score | 35% | 0 | 0 |
| Total Housing Units | 30% | 948,995 | 97 |
TAM by segment
$216M in Las Vegas broken down by segment
Demographic snapshot
Who lives and buys in Las Vegas
Frequently asked questions
Electrical market in Las Vegas: common questions
How big is the electrical market in Las Vegas, NV?
The electrical market in Las Vegas, NV has a total addressable market of $216M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Las Vegas the #28 largest electrical market of 925 U.S. MSAs.
How many electrical companies are in Las Vegas?
PinpointIQ tracks 455 electrical establishments in the Las Vegas MSA, employing approximately 10,481 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.
How does Las Vegas rank nationally for electrical?
Las Vegas scores 29/100 on PinpointIQ's Electrical Market Score, ranking #857 of 925 U.S. metros — the 7th 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 Las Vegas?
PinpointIQ scores Las Vegas's electrical market on 3 components: % Housing Pre-1980 (35% weight, 1th percentile); Fragmentation Score (35% weight, 0th percentile); Total Housing Units (30% weight, 97th 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 Las Vegas?
Las Vegas's $216M electrical TAM breaks down into: Electrical Service ($61M, 28% of TAM); Electrical Panel Rewire ($30M, 14% of TAM); Electrical New Install ($124M, 58% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.
Is Las Vegas growing? How does population affect the electrical market?
Las Vegas has a population of 2,329,548 and has grown 10.3% 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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