HVAC Service Market in
Nashville, TN
$897M TAM · Market Score 66/100 · Ranked #28 of 925 MSAs by TAM
Bottom-up market data for the Nashville, TN MSA. Sourced from PinpointIQ's MSA-level intelligence platform.
Market Score breakdown
How Nashville scored 66/100 for HVAC Service
PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Nashville ranks in the 96th percentile nationally for HVAC Service.
| Component | Weight | Value | Percentile |
|---|---|---|---|
| Cooling Degree Days | 40% | 1,647 | 68 |
| Heating Degree Days | 30% | 3,688 | 34 |
| HVAC Establishments | 30% | 589 | 96 |
TAM by segment
$897M in Nashville broken down by segment
Demographic snapshot
Who lives and buys in Nashville
Frequently asked questions
HVAC Service market in Nashville: common questions
How big is the hvac service market in Nashville, TN?
The hvac service market in Nashville, TN has a total addressable market of $897M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Nashville the #28 largest hvac service market of 925 U.S. MSAs.
How many hvac service companies are in Nashville?
PinpointIQ tracks 589 hvac service establishments in the Nashville MSA, employing approximately 9,440 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.
How does Nashville rank nationally for hvac service?
Nashville scores 66/100 on PinpointIQ's HVAC Service Market Score, ranking #42 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 hvac service operators and investors.
What drives hvac service demand in Nashville?
PinpointIQ scores Nashville's hvac service market on 3 components: Cooling Degree Days (40% weight, 68th percentile); Heating Degree Days (30% weight, 34th percentile); HVAC Establishments (30% weight, 96th percentile). The weights are calibrated to the hvac service vertical and applied consistently across every U.S. MSA.
What are the biggest hvac service sub-segments in Nashville?
Nashville's $897M hvac service TAM breaks down into: Hvac Replacement ($725M, 81% of TAM); Hvac Service ($173M, 19% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.
Is Nashville growing? How does population affect the hvac service market?
Nashville has a population of 2,079,596 and has grown 13.6% over the last 5 years. Population change is one of the drivers of hvac service 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 HVAC Service 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.