HVAC Service Market in
Philadelphia, PA
$2.3B TAM · Market Score 68/100 · Ranked #12 of 925 MSAs by TAM
Bottom-up market data for the Philadelphia, PA MSA. Sourced from PinpointIQ's MSA-level intelligence platform.
Market Score breakdown
How Philadelphia scored 68/100 for HVAC Service
PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Philadelphia ranks in the 97th percentile nationally for HVAC Service.
| Component | Weight | Value | Percentile |
|---|---|---|---|
| Cooling Degree Days | 40% | 1,474 | 63 |
| Heating Degree Days | 30% | 4,350 | 43 |
| HVAC Establishments | 30% | 2,118 | 99 |
TAM by segment
$2.3B in Philadelphia broken down by segment
Demographic snapshot
Who lives and buys in Philadelphia
Frequently asked questions
HVAC Service market in Philadelphia: common questions
How big is the hvac service market in Philadelphia, PA?
The hvac service market in Philadelphia, PA has a total addressable market of $2.3B, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Philadelphia the #12 largest hvac service market of 925 U.S. MSAs.
How many hvac service companies are in Philadelphia?
PinpointIQ tracks 2,118 hvac service establishments in the Philadelphia MSA, employing approximately 25,980 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.
How does Philadelphia rank nationally for hvac service?
Philadelphia scores 68/100 on PinpointIQ's HVAC Service Market Score, ranking #26 of 925 U.S. metros — the 97th 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 Philadelphia?
PinpointIQ scores Philadelphia's hvac service market on 3 components: Cooling Degree Days (40% weight, 63th percentile); Heating Degree Days (30% weight, 43th percentile); HVAC Establishments (30% weight, 99th 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 Philadelphia?
Philadelphia's $2.3B hvac service TAM breaks down into: Hvac Replacement ($1.8B, 81% of TAM); Hvac Service ($434M, 19% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.
Is Philadelphia growing? How does population affect the hvac service market?
Philadelphia has a population of 6,272,014 and has grown 3.4% 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.
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