Electrical Market in
North Carolina
$939M statewide TAM · 38 metros · Rank #5/51 states · 3.4% of national TAM
Bottom-up rollup across every metro in North Carolina. PinpointIQ covers all 38 MSAs in the state.
Top metros
Most attractive Electrical metros in North Carolina
Ranked by Market Score — PinpointIQ's vertical-specific attractiveness composite. TAM shown for reference.
| Rank | Metro | TAM | Market Score |
|---|---|---|---|
| #1 | Stanly County, NC | $5M | 65 |
| #2 | Surry County, NC | $3M | 63 |
| #3 | Beaufort County, NC | $3M | 59 |
| #4 | Waynesville, NC Micro Area | $6M | 59 |
| #5 | Hickory, NC MSA | $24M | 57 |
| #6 | Wilkes County, NC | $2M | 55 |
| #7 | Asheville, NC MSA | $45M | 54 |
| #8 | Vance County, NC | $1M | 53 |
| #9 | Wilmington, NC MSA | $84M | 53 |
| #10 | Robeson County, NC | $2M | 53 |
What drives the Market Score
How Electrical attractiveness is measured
Frequently asked questions
Electrical market in North Carolina: common questions
How big is the electrical market in North Carolina?
The statewide electrical total addressable market in North Carolina is $939M, aggregated across 38 MSAs. This represents 3.4% of the $27.6B U.S. electrical market.
How does North Carolina rank nationally for electrical?
North Carolina ranks #5 of 51 states by electrical TAM — the 92th percentile. The ranking is based on aggregate MSA-level TAM within each state's geographic boundaries.
What are the most attractive electrical metros in North Carolina?
PinpointIQ ranks the top electrical metros in North Carolina by Market Score (a vertical-specific attractiveness composite): #1 Stanly County, NC ($5M TAM, Market Score 65); #2 Surry County, NC ($3M TAM, Market Score 63); #3 Beaufort County, NC ($3M TAM, Market Score 59); #4 Waynesville, NC Micro Area ($6M TAM, Market Score 59); #5 Hickory, NC MSA ($24M TAM, Market Score 57). Market Score weighs the drivers of electrical demand and operator concentration.
What drives electrical attractiveness in North Carolina's metros?
PinpointIQ's Electrical Market Score for every MSA in North Carolina is computed from 3 components: % Housing Pre-1980 (35%); Fragmentation Score (35%); Total Housing Units (30%). Each component is scored at the national percentile level before being weighted into the composite.
How many electrical markets does PinpointIQ cover in North Carolina?
PinpointIQ covers all 38 Metropolitan Statistical Areas (MSAs) in North Carolina for electrical, with TAM, Market Score, competitive landscape, and demographic drivers available at each MSA and down to the census-tract level.
Where can I get electrical market data for a specific North Carolina metro?
Individual metro pages are available for every MSA in North Carolina covered by PinpointIQ. You can also pull a free electrical market report for any specific metro through PinpointIQ's report tool, or start a trial to access the full platform including competitive landscape and business-level data.
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.
See Electrical data in your target markets.
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