Electrical · Philadelphia, PA

Electrical Market in
Philadelphia, PA

$467M TAM · Market Score 69/100 · Ranked #12 of 925 MSAs by TAM

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

Total TAM
$467M
rank #12 of 925
Market Score
69/100
rank #65 of 925 · 93th percentile
Operators
1,496
16,420 employees
Pop. growth (5-yr)
3.4%
rank #359 of 872

Market Score breakdown

How Philadelphia scored 69/100 for Electrical

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Philadelphia ranks in the 93th percentile nationally for Electrical.

ComponentWeightValuePercentile
% Housing Pre-198035%66.5983
Fragmentation Score35%12.829
Total Housing Units30%2,624,25799

TAM by segment

$467M in Philadelphia broken down by segment

Electrical Service
$139M
30% of total TAM
Electrical Panel Rewire
$260M
56% of total TAM
Electrical New Install
$69M
15% of total TAM

Demographic snapshot

Who lives and buys in Philadelphia

Population
6,272,014
3.4% 5-yr growth
Median HH income
$91,289
28.0% HHs $150K+
Housing units
2,624,257
17.2% age 65+
GDP per capita
$92,807

Frequently asked questions

Electrical market in Philadelphia: common questions

How big is the electrical market in Philadelphia, PA?

The electrical market in Philadelphia, PA has a total addressable market of $467M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Philadelphia the #12 largest electrical market of 925 U.S. MSAs.

How many electrical companies are in Philadelphia?

PinpointIQ tracks 1,496 electrical establishments in the Philadelphia MSA, employing approximately 16,420 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.

How does Philadelphia rank nationally for electrical?

Philadelphia scores 69/100 on PinpointIQ's Electrical Market Score, ranking #65 of 925 U.S. metros — the 93th 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 Philadelphia?

PinpointIQ scores Philadelphia's electrical market on 3 components: % Housing Pre-1980 (35% weight, 83th percentile); Fragmentation Score (35% weight, 29th percentile); Total Housing Units (30% weight, 99th 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 Philadelphia?

Philadelphia's $467M electrical TAM breaks down into: Electrical Service ($139M, 30% of TAM); Electrical Panel Rewire ($260M, 56% of TAM); Electrical New Install ($69M, 15% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

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

Philadelphia has a population of 6,272,014 and has grown 3.4% 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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