Fire Protection Market in
Grand Rapids, MI
$52M TAM · Market Score 94/100 · Ranked #57 of 925 MSAs by TAM
Bottom-up market data for the Grand Rapids, MI MSA. Sourced from PinpointIQ's MSA-level intelligence platform.
Market Score breakdown
How Grand Rapids scored 94/100 for Fire Protection
PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Grand Rapids ranks in the 94th percentile nationally for Fire Protection.
| Component | Weight | Value | Percentile |
|---|---|---|---|
| Total Housing Units | 40% | 467,528 | 94 |
| New Business Applications | 35% | 13,554 | 93 |
| Total Population | 25% | 1,162,152 | 95 |
TAM by segment
$52M in Grand Rapids broken down by segment
Demographic snapshot
Who lives and buys in Grand Rapids
Frequently asked questions
Fire Protection market in Grand Rapids: common questions
How big is the fire protection market in Grand Rapids, MI?
The fire protection market in Grand Rapids, MI has a total addressable market of $52M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Grand Rapids the #57 largest fire protection market of 925 U.S. MSAs.
How does Grand Rapids rank nationally for fire protection?
Grand Rapids scores 94/100 on PinpointIQ's Fire Protection Market Score, ranking #53 of 925 U.S. metros — the 94th 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 Grand Rapids?
PinpointIQ scores Grand Rapids's fire protection market on 3 components: Total Housing Units (40% weight, 94th percentile); New Business Applications (35% weight, 93th 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 Grand Rapids?
Grand Rapids's $52M fire protection TAM breaks down into: Protection_fire Residential Monitoring ($42M, 80% of TAM); Protection_fire Commercial Inspection ($11M, 20% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.
Is Grand Rapids growing? How does population affect the fire protection market?
Grand Rapids has a population of 1,162,152 and has grown 11.8% 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.
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