Electrical Market in
Raleigh, NC
$190M TAM · Market Score 38/100 · Ranked #29 of 925 MSAs by TAM
Bottom-up market data for the Raleigh, NC MSA. Sourced from PinpointIQ's MSA-level intelligence platform.
Market Score breakdown
How Raleigh scored 38/100 for Electrical
PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Raleigh ranks in the 20th percentile nationally for Electrical.
| Component | Weight | Value | Percentile |
|---|---|---|---|
| % Housing Pre-1980 | 35% | 18.61 | 1 |
| Fragmentation Score | 35% | 0.8 | 25 |
| Total Housing Units | 30% | 619,032 | 96 |
TAM by segment
$190M in Raleigh broken down by segment
Demographic snapshot
Who lives and buys in Raleigh
Frequently asked questions
Electrical market in Raleigh: common questions
How big is the electrical market in Raleigh, NC?
The electrical market in Raleigh, NC has a total addressable market of $190M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Raleigh the #29 largest electrical market of 925 U.S. MSAs.
How many electrical companies are in Raleigh?
PinpointIQ tracks 425 electrical establishments in the Raleigh MSA, employing approximately 5,075 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.
How does Raleigh rank nationally for electrical?
Raleigh scores 38/100 on PinpointIQ's Electrical Market Score, ranking #732 of 925 U.S. metros — the 20th 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 Raleigh?
PinpointIQ scores Raleigh's electrical market on 3 components: % Housing Pre-1980 (35% weight, 1th percentile); Fragmentation Score (35% weight, 25th percentile); Total Housing Units (30% weight, 96th 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 Raleigh?
Raleigh's $190M electrical TAM breaks down into: Electrical Service ($39M, 20% of TAM); Electrical Panel Rewire ($20M, 11% of TAM); Electrical New Install ($131M, 69% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.
Is Raleigh growing? How does population affect the electrical market?
Raleigh has a population of 1,487,302 and has grown 16.7% 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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