Electrical Market in
Memphis, TN
$65M TAM · Market Score 42/100 · Ranked #68 of 925 MSAs by TAM
Bottom-up market data for the Memphis, TN MSA. Sourced from PinpointIQ's MSA-level intelligence platform.
Market Score breakdown
How Memphis scored 42/100 for Electrical
PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Memphis ranks in the 32th percentile nationally for Electrical.
| Component | Weight | Value | Percentile |
|---|---|---|---|
| % Housing Pre-1980 | 35% | 46.06 | 38 |
| Fragmentation Score | 35% | 0 | 0 |
| Total Housing Units | 30% | 580,185 | 95 |
TAM by segment
$65M in Memphis broken down by segment
Demographic snapshot
Who lives and buys in Memphis
Frequently asked questions
Electrical market in Memphis: common questions
How big is the electrical market in Memphis, TN?
The electrical market in Memphis, TN has a total addressable market of $65M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Memphis the #68 largest electrical market of 925 U.S. MSAs.
How many electrical companies are in Memphis?
PinpointIQ tracks 218 electrical establishments in the Memphis MSA, employing approximately 3,469 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.
How does Memphis rank nationally for electrical?
Memphis scores 42/100 on PinpointIQ's Electrical Market Score, ranking #625 of 925 U.S. metros — the 32th 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 Memphis?
PinpointIQ scores Memphis's electrical market on 3 components: % Housing Pre-1980 (35% weight, 38th percentile); Fragmentation Score (35% weight, 0th percentile); Total Housing Units (30% weight, 95th 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 Memphis?
Memphis's $65M electrical TAM breaks down into: Electrical Service ($21M, 33% of TAM); Electrical Panel Rewire ($28M, 43% of TAM); Electrical New Install ($16M, 25% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.
Is Memphis growing? How does population affect the electrical market?
Memphis has a population of 1,341,924 and has declined 0.2% 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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