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Building Inspection Services Global Market Report 2021 - By Service (Home Inspection Services, Specific Element Inspection Services, Commercial Building Inspection Services), By Application (Residential, Commercial), By Sourcing Type (In-house Services, O

Starting Price : $4000.00 | Pages : 175 | Published : January 2021 | SKU CODE : | Format :


The building inspection services market consists of the sales of building inspection services by entities (organizations, sole traders and partnerships) that evaluate all aspects of the building structure and component systems and prepare a report on the physical condition of the property, generally for buyers or others involved in real estate transactions.

The global building inspection services market is expected to grow from $9.3 billion in 2020 to $10.7 billion in 2021 at a compound annual growth rate (CAGR) of 15.1%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $14.33 billion in 2025 at a CAGR of 7.6%.

The building inspection services market covered in this report is segmented by service into home inspection services, specific element inspection services, commercial building inspection services, others, by application into residential, commercial, others.

Rising urbanization around the world is expected to drive the building inspection services market. Increase in number of individuals moving to urban areas for employment, better lifestyles, and opportunities led to an expansion in urban areas. According to the United Nations Department of Economic and Social Affairs, about 4.4 billion people live in urban areas in 2020 and is projected to rise to 6.7 billion by 2050. Urbanization has increased the availability of affordable housing, infrastructure, and essential services. As infrastructure grows, it requires laws and legislation to determine the safety of buildings to prevent hazards and to provide the public with safe buildings that building inspection services can help with. Thus, increasing urbanization is a major factor that contributes to the growth of the demand for building inspection services.

Labor shortage is expected to hinder the building inspection services market. Finding labor for conducting building inspections is difficult particularly with specific skills. For instance, the San Jose’s fire department, in September 2020, reported there is a shortage of staff for conducting fire audits for new buildings. In 2019, the Philadelphia Department of Licenses and Inspections called for 800 more inspectors for building inspections. This staff crunch directly affects the reputation as they fail to cater to timely service and the revenue of the company as they are unable to take up more numerous inspections and thereby hinder the building inspection services market.

Companies and governments are developing and employing drones for building inspections. Drones, also known as unmanned aerial vehicles (UAVs) or unmanned aircraft systems (UASs) are a flying robot that can be controlled remotely or independently operated through software-controlled flight plans in its embedded systems, working in conjunction with onboard sensors and GPS systems. Drones enable building inspections safer, faster as well as more cost-effective. In October 2020, Singapore analytics and acoustic technologies company H3 Zoom. AI started using drones for building inspection and facility management after realizing that the city's highly urban environment delayed digital technology disruption. Moreover, in September 2020, New York City Council has passed a bill to explore the use of drones for building facade inspections. In 2018, Abu Dhabi Municipality had launched drone trials for monitoring and inspection of construction sites.

In November 2018, Agamya Capital LLC, a USA-based advisory company acquired WIN Home Inspection for an undisclosed amount. Through this acquisition, Agamya Capital LLC planned to accelerate the growth of the company by strengthening support to its franchisee partners and expand its footprint nationwide. Agamya Capital LLC also aimed at leveraging its experience to help WIN Home Inspection with enhanced infrastructure including digital market support and increased sales. WIN Home Inspection is a USA-based home inspection company engaged in providing residential and commercial inspection services across the USA.

The major players covered in the global building inspection services market are AmeriSpec Inspection Services, HouseMaster Home Inspections, National Property Inspections, Pillar to Post Home Inspectors, WIN Home Inspections.

The countries covered in the global building inspection services market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The regions covered in the global building inspection services market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The global building inspection services market is segmented -

1) By Service: Home Inspection Services, Specific Element Inspection Services, Commercial Building Inspection Services, Others

2) By Application: Residential, Commercial, Others

3) By Sourcing Type: In-house Services, Outsourced Services

    Table Of Contents

    1. Executive Summary

    2. Building Inspection Services Market Characteristics

    3. Building Inspection Services Market Trends And Strategies

    4. Impact Of COVID-19 On Building Inspection Services

    5. Building Inspection Services Market Size And Growth

    5.1. Global Building Inspection Services Historic Market, 2015-2020, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Building Inspection Services Forecast Market, 2020-2025F, 2030F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Building Inspection Services Market Segmentation

    6.1. Global Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    Home Inspection Services

    Specific Element Inspection Services

    Commercial Building Inspection Services

    Others

    6.2. Global Building Inspection Services Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    Residential

    Commercial

    Others

    6.3. Global Building Inspection Services Market, Segmentation By Sourcing Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    In-house services

    Outsourced services

    7. Building Inspection Services Market Regional And Country Analysis

    7.1. Global Building Inspection Services Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    7.2. Global Building Inspection Services Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    8. Asia-Pacific Building Inspection Services Market

    8.1. Asia-Pacific Building Inspection Services Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    9. China Building Inspection Services Market

    9.1. China Building Inspection Services Market Overview

    9.2. China Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F,$ Billion

    10. India Building Inspection Services Market

    10.1. India Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    11. Japan Building Inspection Services Market

    11.1. Japan Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    12. Australia Building Inspection Services Market

    12.1. Australia Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    13. Indonesia Building Inspection Services Market

    13.1. Indonesia Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    14. South Korea Building Inspection Services Market

    14.1. South Korea Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    15. Western Europe Building Inspection Services Market

    15.1. Western Europe Building Inspection Services Market Overview

    15.2. Western Europe Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    16. UK Building Inspection Services Market

    16.1. UK Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    17. Germany Building Inspection Services Market

    17.1. Germany Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    18. France Building Inspection Services Market

    18.3. France Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    19. Eastern Europe Building Inspection Services Market

    19.1. Eastern Europe Building Inspection Services Market Overview

    19.2. Eastern Europe Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    20. Russia Building Inspection Services Market

    20.1. Russia Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    21. North America Building Inspection Services Market

    21.1. North America Building Inspection Services Market Overview

    21.2. North America Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    22. USA Building Inspection Services Market

    22.1. USA Building Inspection Services Market Overview

    22.2. USA Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    23. South America Building Inspection Services Market

    23.1. South America Building Inspection Services Market Overview

    23.2. South America Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    24. Brazil Building Inspection Services Market

    24.1. Brazil Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    25. Middle East Building Inspection Services Market

    25.1. Middle East Building Inspection Services Market Overview

    25.2. Middle East Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    26. Africa Building Inspection Services Market

    26.1. Africa Building Inspection Services Market Overview

    26.2. Africa Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion

    27. Building Inspection Services Market Competitive Landscape And Company Profiles

    27.1. Building Inspection Services Market Competitive Landscape

    27.2. Building Inspection Services Market Company Profiles

    27.2.1. AmeriSpec Inspection Services

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. HouseMaster Home Inspections

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. National Property Inspections

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Pillar to Post Home Inspectors

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. WIN Home Inspections

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    29. Key Mergers And Acquisitions In The Building Inspection Services Market

    29. Building Inspection Services Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Research Inquiries

    30.4. The Business Research Company

    30.5. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2015-2020, $ Billion
  • Table 2: Global Forecast Market Growth, 2020-2025F, 2030F, $ Billion
  • Table 3: Global Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 4: Global Building Inspection Services Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 5: Global Building Inspection Services Market, Segmentation By Sourcing Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 6: Global Building Inspection Services Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 7: Global Building Inspection Services Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 8: Asia-Pacific, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 9: China, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 10: India, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 11: Japan, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 12: Australia, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 13: Indonesia, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 14: South Korea, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 15: Western Europe, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 16: UK, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 17: Germany, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 18: France, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 19: Eastern Europe, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 20: Russia, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 21: North America, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 22: USA, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 23: South America, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 24: Brazil, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 25: Middle East, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 26: Africa, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Table 27: AmeriSpec Inspection Services Financial Performance
  • Table 28: HouseMaster Home Inspections Financial Performance
  • Table 29: National Property Inspections Financial Performance
  • Table 30: Pillar to Post Home Inspectors Financial Performance
  • Table 31: WIN Home Inspections Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2015-2020, $ Billion
  • Figure 2: Global Forecast Market Growth, 2020-2025F, 2030F, $ Billion
  • Figure 3: Global Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 4: Global Building Inspection Services Market, Segmentation By Application, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 5: Global Building Inspection Services Market, Segmentation By Sourcing Type, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 6: Global Building Inspection Services Market, Split By Region, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 7: Global Building Inspection Services Market, Split By Country, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 8: Asia-Pacific, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 9: China, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 10: India, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 11: Japan, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 12: Australia, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 13: Indonesia, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 14: South Korea, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 15: Western Europe, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 16: UK, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 17: Germany, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 18: France, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 19: Eastern Europe, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 20: Russia, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 21: North America, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 22: USA, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 23: South America, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 24: Brazil, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 25: Middle East, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 26: Africa, Building Inspection Services Market, Segmentation By Service, Historic and Forecast, 2015-2020, 2020-2025F, 2030F, $ Billion
  • Figure 27: AmeriSpec Inspection Services Financial Performance
  • Figure 28: HouseMaster Home Inspections Financial Performance
  • Figure 29: National Property Inspections Financial Performance
  • Figure 30: Pillar to Post Home Inspectors Financial Performance
  • Figure 31: WIN Home Inspections Financial Performance
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