Fire Protection Market in
Richmond, VA
$75M TAM · Market Score 95/100 · Ranked #45 of 925 MSAs by TAM
Bottom-up market data for the Richmond, VA MSA. Sourced from PinpointIQ's MSA-level intelligence platform.
Market Score breakdown
How Richmond scored 95/100 for Fire Protection
PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Richmond ranks in the 96th percentile nationally for Fire Protection.
| Component | Weight | Value | Percentile |
|---|---|---|---|
| Total Housing Units | 40% | 569,714 | 95 |
| New Business Applications | 35% | 23,362 | 96 |
| Total Population | 25% | 1,341,248 | 95 |
TAM by segment
$75M in Richmond broken down by segment
Demographic snapshot
Who lives and buys in Richmond
Frequently asked questions
Fire Protection market in Richmond: common questions
How big is the fire protection market in Richmond, VA?
The fire protection market in Richmond, VA has a total addressable market of $75M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Richmond the #45 largest fire protection market of 925 U.S. MSAs.
How does Richmond rank nationally for fire protection?
Richmond scores 95/100 on PinpointIQ's Fire Protection Market Score, ranking #43 of 925 U.S. metros — the 96th percentile nationally. The Market Score is a percentile-weighted composite of the vertical-specific drivers that make a metro attractive for fire protection operators and investors.
What drives fire protection demand in Richmond?
PinpointIQ scores Richmond's fire protection market on 3 components: Total Housing Units (40% weight, 95th percentile); New Business Applications (35% weight, 96th percentile); Total Population (25% weight, 95th percentile). The weights are calibrated to the fire protection vertical and applied consistently across every U.S. MSA.
What are the biggest fire protection sub-segments in Richmond?
Richmond's $75M fire protection TAM breaks down into: Protection_fire Residential Monitoring ($61M, 82% of TAM); Protection_fire Commercial Inspection ($14M, 18% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.
Is Richmond growing? How does population affect the fire protection market?
Richmond has a population of 1,341,248 and has grown 5.6% over the last 5 years. Population change is one of the drivers of fire protection 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.
See Fire Protection data in your target markets.
Pull a free market report, start a trial, or walk through your target MSAs live.
Contact us
Questions, partnerships, or just want to learn more. We'd love to hear from you.