HVAC Service Market in
Salt Lake City, UT
$597M TAM · Market Score 67/100 · Ranked #40 of 925 MSAs by TAM
Bottom-up market data for the Salt Lake City, UT MSA. Sourced from PinpointIQ's MSA-level intelligence platform.
Market Score breakdown
How Salt Lake City scored 67/100 for HVAC Service
PinpointIQ's Market Score is a percentile-weighted composite. The components + weights are set per vertical. Salt Lake City ranks in the 96th percentile nationally for HVAC Service.
| Component | Weight | Value | Percentile |
|---|---|---|---|
| Cooling Degree Days | 40% | 1,301 | 58 |
| Heating Degree Days | 30% | 4,967 | 51 |
| HVAC Establishments | 30% | 509 | 96 |
TAM by segment
$597M in Salt Lake City broken down by segment
Demographic snapshot
Who lives and buys in Salt Lake City
Frequently asked questions
HVAC Service market in Salt Lake City: common questions
How big is the hvac service market in Salt Lake City, UT?
The hvac service market in Salt Lake City, UT has a total addressable market of $597M, calculated bottom-up from U.S. Census, BLS, and IRS County Business Patterns data at the census-tract level. This makes Salt Lake City the #40 largest hvac service market of 925 U.S. MSAs.
How many hvac service companies are in Salt Lake City?
PinpointIQ tracks 509 hvac service establishments in the Salt Lake City MSA, employing approximately 6,916 people. Establishment counts are sourced from IRS County Business Patterns and refreshed monthly.
How does Salt Lake City rank nationally for hvac service?
Salt Lake City scores 67/100 on PinpointIQ's HVAC Service Market Score, ranking #36 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 Salt Lake City?
PinpointIQ scores Salt Lake City's hvac service market on 3 components: Cooling Degree Days (40% weight, 58th percentile); Heating Degree Days (30% weight, 51th 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 Salt Lake City?
Salt Lake City's $597M hvac service TAM breaks down into: Hvac Replacement ($482M, 81% of TAM); Hvac Service ($115M, 19% of TAM). Segment sizes reflect PinpointIQ's bottom-up model at the census-tract level.
Is Salt Lake City growing? How does population affect the hvac service market?
Salt Lake City has a population of 1,275,870 and has grown 9.0% 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.