Electrical · Phoenix, AZ

Electrical Market in
Phoenix, AZ

$556M TAM · Market Score 32/100 · Ranked #9 of 925 MSAs by TAM

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

Total TAM
$556M
rank #9 of 925
Market Score
32/100
rank #824 of 925 · 11th percentile
Operators
1,201
24,524 employees
Pop. growth (5-yr)
10.3%
rank #122 of 872

Market Score breakdown

How Phoenix scored 32/100 for Electrical

PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Phoenix ranks in the 11th percentile nationally for Electrical.

ComponentWeightValuePercentile
% Housing Pre-198035%27.335
Fragmentation Score35%00
Total Housing Units30%2,068,98599

TAM by segment

$556M in Phoenix broken down by segment

Electrical Service
$137M
25% of total TAM
Electrical Panel Rewire
$105M
19% of total TAM
Electrical New Install
$313M
56% of total TAM

Demographic snapshot

Who lives and buys in Phoenix

Population
5,028,754
10.3% 5-yr growth
Median HH income
$88,301
24.1% HHs $150K+
Housing units
2,068,985
16.8% age 65+
GDP per capita
$86,606

Frequently asked questions

Electrical market in Phoenix: common questions

How big is the electrical market in Phoenix, AZ?

The electrical market in Phoenix, AZ has a total addressable market of $556M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Phoenix the #9 largest electrical market of 925 U.S. MSAs.

How many electrical companies are in Phoenix?

PinpointIQ tracks 1,201 electrical establishments in the Phoenix MSA, employing approximately 24,524 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.

How does Phoenix rank nationally for electrical?

Phoenix scores 32/100 on PinpointIQ's Electrical Market Score, ranking #824 of 925 U.S. metros — the 11th 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 Phoenix?

PinpointIQ scores Phoenix's electrical market on 3 components: % Housing Pre-1980 (35% weight, 5th percentile); Fragmentation Score (35% weight, 0th 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 Phoenix?

Phoenix's $556M electrical TAM breaks down into: Electrical Service ($137M, 25% of TAM); Electrical Panel Rewire ($105M, 19% of TAM); Electrical New Install ($313M, 56% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.

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

Phoenix has a population of 5,028,754 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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