HVAC Service Market in
Phoenix, AZ
$2.2B TAM · Market Score 71/100 · Ranked #14 of 925 MSAs by TAM
Bottom-up market data for the Phoenix, AZ MSA. Sourced from PinpointIQ's MSA-level intelligence platform.
Market Score breakdown
How Phoenix scored 71/100 for HVAC Service
PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Phoenix ranks in the 100th percentile nationally for HVAC Service.
| Component | Weight | Value | Percentile |
|---|---|---|---|
| Cooling Degree Days | 40% | 4,567 | 100 |
| Heating Degree Days | 30% | 868 | 3 |
| HVAC Establishments | 30% | 1,737 | 99 |
TAM by segment
$2.2B in Phoenix broken down by segment
Demographic snapshot
Who lives and buys in Phoenix
Frequently asked questions
HVAC Service market in Phoenix: common questions
How big is the hvac service market in Phoenix, AZ?
The hvac service market in Phoenix, AZ has a total addressable market of $2.2B, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Phoenix the #14 largest hvac service market of 925 U.S. MSAs.
How many hvac service companies are in Phoenix?
PinpointIQ tracks 1,737 hvac service establishments in the Phoenix MSA, employing approximately 24,735 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.
How does Phoenix rank nationally for hvac service?
Phoenix scores 71/100 on PinpointIQ's HVAC Service Market Score, ranking #6 of 925 U.S. metros — the 100th 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 Phoenix?
PinpointIQ scores Phoenix's hvac service market on 3 components: Cooling Degree Days (40% weight, 100th percentile); Heating Degree Days (30% weight, 3th 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 Phoenix?
Phoenix's $2.2B hvac service TAM breaks down into: Hvac Replacement ($1.8B, 81% of TAM); Hvac Service ($428M, 19% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.
Is Phoenix growing? How does population affect the hvac service market?
Phoenix has a population of 5,028,754 and has grown 10.3% 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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