Foundation, Structure, And Building Exterior Contractors Global Market Report 2023 – By Type (Excavation And Demolition, Roofing, Concrete Work, Water Well Drilling), By Application (Residential Building Construction, Nonresidential Building Construction, Other Applications), By Service Provider (Large Chain Companies, Independent Contractors), By Mode (Online, Offline) – Market Size, Trends, And Global Forecast 2023-2032

An exterior wall system is the main concept in building design and construction that creates a wrapper around the masonry structure to protect it from environmental influences. The main types of exterior wall systems include ventilated facades, curtain walls, and non-ventilated facades. The ventilated facade refers to facade construction with an air gap between the insulation and cladding. A ventilated exterior wall system is a dry-installed exterior building envelope system developed to protect buildings against the combined action of rain and wind by counterbalancing the effects of water beating on walls and keeping the building dry. The main material types used in the exterior wall systems are bricks and stone; metal panels; plasterboards; fibre cement; ceramic tiles; EIFS; glass panels; high-pressure laminate boards; fibreglass panels; wood boards; and others (vinyl exterior). Exterior wall systems are used in residential, commercial, and industrial applications. The global exterior wall systems market is segmented - 1) By Type: Ventilated Fascade, Curtain Wall, Non-Ventilated Fascade 2) By Materials: Bricks And Stone, Metal Panels, Plaster Boards, Fiber Cement, Ceramic Tiles, EIFS, Glass Panels, High-Pressure Laminate boards, Fiberglass Panels, Wood Boards, Other Materials (Vinyl) 3) By End-Use: Residential, Commercial, Industrial The global exterior wall systems market size grew from $196.03 billion in 2022 to $214.39 billion in 2023 at a compound annual growth rate (CAGR) of 9.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global exterior wall systems is expected to grow to $333.56 billion in 2027 at a CAGR of 11.7%. The growing demand for green buildings is contributing to the growth of the exterior wall systems market. Green building and eco-friendly infrastructure reduce carbon emissions, energy consumption, and water consumption. For instance, according to a report by ANAROCK, a real estate services company, the demand for green buildings in India is expected to double by 2022, reaching nearly 10 billion sq ft, and is expected to be valued at $35-50 billion. Therefore, growing demand for green buildings will drive the growth of the exterior wall systems market. Nippon Sheet Glass Co., Ltd., Saint-Gobain Gyproc India, Sika AG, Etex Group, Owens Corning, Evonik Industies AG, Holcim, USG Boral, DuPont, Fletcher Building, Egger Group, Toray Industries Inc., CSR Ltd., CRH, Cornerstone Building Brands, Schweiter Technologies AG, AGC Inc., and James Hardie Australia Pvt Ltd are major players in the exterior wall systems market. Product innovations are a key trend gaining popularity in the exterior wall systems market. Companies in the market are launching new, innovative products. For example, in March 2021, DuPont, a chemical company based in the United States, introduced the new DuPontTM Tedlar® polyvinyl fluoride (PVF) film for laminating exterior wall and roofing panels. In October 2021, DuPont, a US-based chemicals company offering exterior wall solutions, acquired MaxLife Industries’ ArmorWall Business for an undisclosed amount. Under this deal, DuPont has acquired the ArmorWall brand, patented technology, and a manufacturing facility in Salisbury, North Carolina to meet their current and future design and productivity challenges by providing a robust portfolio of sustainable and resilient building solutions for interior and exterior walls and technologies. MaxLife Industries is a US-based company offering high-performance building products, including exterior wall sheathing. Asia-Pacific was the largest region in the exterior wall systems market in 2022. Asia-Pacific is expected to be the fastest-growing region in the exterior wall systems market during the forecast period. The regions covered in the global exterior wall systems market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the Exterior Wall Systems market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The exterior wall systems market consists of sales of barrier walls, cavity walls and mass wall. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The exterior wall systems market research report is one of a series of new reports from The Business Research Company that provides exterior wall systems market statistics, including exterior wall systems industry global market size, regional shares, competitors with exterior wall systems market share, detailed exterior wall systems market segments, market trends and opportunities, and any further data you may need to thrive in the exterior wall systems industry. This Exterior Wall Systems market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

The exterior insulation and finish system is a cladding system, which provides an insulated finished surface and waterproofing to the exterior walls. It is the facade insulation, or energy-efficient thermal wrapping, that is applied to the external surfaces of the building. The main types of exterior insulation and finish systems are polymer-based and polymer-modified. Materials used for exterior insulation and finish systems includes mineral wool, expanded polystyrene, and others. Mineral wool is an inorganic non-metallic product manufactured from silica or stone that is heated to a high temperature until it becomes molten. The high-temperature molten stone or glass is spun and formed into a fibrous and flexible mat, forming the mineral wool. Mineral wool has good thermal insulation, fire safety, and soundproofing characteristics. Components of exterior insulation and finish systems include adhesive, insulation board, base coat, reinforcement, and finish coat. Exterior insulation and finish systems are mainly used in residential and non-residential applications. The global exterior insulation and finish system market is segmented - 1) By Material: Mineral Wool, Expanded Polystyrene, Other Materials 2) By Application: Residential, Non-Residential 3) By Type: Polymer-Based, Polymer-Modified 4) By Component: Adhesive, Insulation Board, Base Coat, Reinforcement, Finish Coat The global exterior insulation and finish system market size grew from $84.39 billion in 2022 to $92.16 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global exterior insulation and finish system is expected to grow to $132.04 billion in 2027 at a CAGR of 9.4%. The growing adoption of green building protocols is expected to propel the growth of the exterior insulation and finish system market. Green buildings are the buildings that contribute towards eliminating or reducing the negative impacts on the climate and environment and create a positive impact through their design, operation, or construction. Green buildings make efficient use of water, energy, and various other renewable resources. Exterior insulation and finish systems produce negligible waste, which is reusable and recyclable, contributing to environmental waste management. According to the World Green Building Council, a global non-profit organization in the building and construction industry, the global green building market has the potential to reduce energy consumption by 50% or more by 2050. Therefore, the growing adoption of green building protocols is driving the exterior insulation and finish system market. Major players in the exterior insulation and finish system market are Adex Systems Inc., Aliva UK Ltd., Allana Buick & Bers Inc., Amvic Inc., BASF SE, Dryvit Systems Inc., Durabond Products Ltd., Durock Alfacing International Limited, Foundation Building Materials LLC, Knauf Insulation GmbH, Master Wall Inc., Omega Products International Inc., Owens Corning, Saint-Gobain Group, Shingobee Builders Inc., Sika AG, Simpson Gumpertz & Heger Incorporated, STO SE & Co. KGaA, Terraco Group, Wacker Chemie AG, Virginia Stucco Co, and Lafargeholcim Ltd. Product innovations are a key trend gaining popularity in the exterior insulation and finish system market. For instance, in June 2022, DuPont, a US-based chemical company, launched DuPont™ Thermax™ NH Insulation with innovative glass fiber-reinforced foam core and high R-value It is specifically made to be used as interior finish systems for walls and ceilings as well as outside continuous insulation. Its distinctive qualities include being able to be left exposed on interior walls and ceilings without a thermal barrier and providing consistent, high performance R-value at both 75 °F and 40 °F (UL 1715), Zero ODP, HFC-free, and low VOC. In September 2020, Saint-Gobain, a France-based manufacturer of building materials, acquired Strikolith for an undisclosed amount. Through this acquisition, Saint-Gobain aims at strengthening its offering in the construction chemicals and external thermal insulation composite systems market in the Netherlands. Strikolith is a Netherlands-based company engaged in the manufacturing of wall, front, and ceiling finishes. Western Europe was the largest region in the exterior insulation and finish system market in 2022. The regions covered in the global exterior insulation and finish system market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the exterior insulation and Finish System market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. The exterior insulation and finish system market consists of sales of stiff and rigid insulation boards. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The exterior insulation and finish system market research report is one of a series of new reports from The Business Research Company that provides exterior insulation and finish system market statistics, including exterior insulation and finish system industry global market size, regional shares, competitors with a exterior insulation and finish system market share, detailed exterior insulation and finish system market segments, market trends and opportunities, and any further data you may need to thrive in the exterior insulation and finish system industry. This exterior insulation and finish system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

A foundation repair service refers to a repair that includes installing supports and repairs to the foundation that is damaged. Foundation repair service is used to repair and restructure the foundations of buildings experiencing cracks in concrete slabs and other basement walls. The main types of foundation repair service are settlement repair, wall repair, chimney repair, floor slab repair, and other repair types. Settlement repair is the process of restoring downward movement of the ground that is damaged by a load consolidating the soil below it or causing displacement of the soil. The various applications involved buildings, roads, pavements, tunnels, railways, dams, and other applications. The end users included residential and commercial. The global foundation repair service market is segmented – 1) By Repair Type: Settlement Repair, Wall Repair, Chimney Repair, Floor Slab Repair, Other Repair Type 2) By Applications: Buildings, Roads, Pavements, and Tunnels, Railways, Dams, Other Application 3) By End User: Residential, Commercial The global foundation repair service market size will grow from $2.83 billion in 2022 to $3.01 billion in 2023 at a compound annual growth rate (CAGR) of 6.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global foundation repair service is expected to grow to $3.79 billion in 2027 at a CAGR of 6.0%. The increase in the number of residential and commercial buildings is expected to propel the growth of the foundation repair service market going forward. A residential building refers to a building that is used for residential purposes. A commercial building refers to any building which is used primarily for carrying out any business. The foundation repair service is used to repair damaged foundation flooring and other concrete structures for commercial or residential projects, among others. For instance, in March 2022, according to Statistics Canada, a Canadian-based government agency, investment in residential buildings increased 4.1% to $14.1 billion in January 2022, marking a fourth straight month of growth. Furthermore, in February 2021, according to the Alliance for an Energy-Efficient Economy, an India-based non-profit organization, commercial buildings make up almost 33% of the total developed space in the building industry, and they are projected to grow at a rate of 8–10% per year. Therefore, the increasing number of residential and commercial buildings is driving the growth of the foundation repair service market. Major players in the foundation repair service market are Acculift Foundation Repair, Longview Foundation Repair, DFW Foundation Repair Services, Huntsville Foundation Repair, Windler Foundation Repair Systems, Advanced Foundation Repair, The Dwyer Company Inc., Grapevine Foundation Repair, Alfa Foundations, Kent Foundation Repair, Tyler Foundation Repair, Master Service Companies, Olshan Foundation Repair, Helitech, RAM JACK, Basic Foundation Repair, Longview Foundation Repair, BDRY, Siemens Healthineers AG, and Arizona Foundation Solutions. Technological innovation is a key trend gaining popularity in the foundation repair service market. Major companies operating in the foundation repair service market are focused on developing new technological solutions to strengthen their position. For instance, in October 2022, Master Builders Solutions, a Germany-based company and provider of advanced chemical solutions for construction, launched a first of its kind, MasterEmaco OneMix Concrete Repair System, A customizable, environmentally friendly concrete repair system designed to increase versatility, efficiency and ease of use without the need for separate, dedicated products. It consists of a universal bag of base material which can be used horizontally, vertically and overhead by adjusting the amount of water required. Additionally, 120 different products can be created by combining the base material with six specialized Power PaksTM. In January 2020, Groundworks, a US-based foundation services company, acquired Foundation Repair Western Colorado (FRWC) for an undisclosed amount. This acquisition will expand Groundworks' customer service across Colorado and allow them to better serve homeowners in Colorado with their foundation repair, basement waterproofing, and crawl space repair needs. Foundation Repair of Western Colorado (FRWC) is a US-based foundation repair service company. Asia-Pacific was the largest region in the foundation repair service market in 2022. The regions covered in this foundation repair service market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. The countries covered in the foundation repair service market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The foundation repair service market includes revenues earned by entities by providing services such as steel piering sealant repairs. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The foundation repair service market research report is one of a series of new reports from The Business Research Company that provides foundation repair service market statistics, including foundation repair service industry global market size, regional shares, competitors with a foundation repair service market share, detailed foundation repair service market segments, market trends and opportunities, and any further data you may need to thrive in the foundation repair service industry. This foundation repair service market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Building materials and garden equipment and supplies dealers are sellers that are engaged in retailing specialized lines of new building materials, such as lumber, fencing, glass, doors, plumbing fixtures and supplies, electrical supplies, prefabricated buildings and kits, and kitchen and bath cabinets and countertops to be installed. The main types of building materials and garden equipment and supplies dealers are building materials and supplies dealers, lawn and garden equipment, and supplies stores. Lawn and garden equipment and supplies stores sell products that include lawn and garden equipment, furniture, and products related to the cultivation of flowers, vegetables, and so on. The main ownership types are retail chains and independent retailers, each having different types of stores that include exclusive retailers/showrooms and inclusive retailers/dealer stores. The global building material and garden equipment and supplies dealers market is segmented - 1) By Type: Building Material and Supplies Dealers, Lawn and Garden Equipment and Supplies Stores 2) By Ownership: Retail Chain, Independent Retailer 3) By Type of Store: Exclusive Retailers/Showroom, Inclusive Retailers/Dealer Store The global building material and garden equipment and supplies dealers market size will grow from $1,427.99 billion in 2022 to $1,546.1 billion in 2023 at a compound annual growth rate (CAGR) of 8.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of building material and garden equipment and supplies dealers market is expected to grow to $2,036.98 billion in 2027 at a CAGR of 7.1%. The building materials and garden equipment and supplies dealers market is expected to benefit from steady economic growth forecasted for many developed and developing countries. According to International Monetary Fund (IMF), the global GDP growth was 3.3% in 2020 and 3.4% in 2021. Recovering commodity prices, after a decline in the historic period is further expected to be a significant factor driving economic growth. The US economy is expected to register stable growth during the forecast period. Additionally, emerging markets are expected to continue to grow slightly faster than developed markets in the forecast period. Greater economic growth is likely to drive public and private investments, joint ventures, and foreign direct investments in the end-user markets, thereby driving the market during the forecast period. Major companies in the building material and garden equipment and supplies dealers market include the home depot, Lowe's Companies Inc., Wesfarmers Ltd., Falabella S.A., Rewe Group, Steinhoff International Holdings N.V., Ace Hardware Corporation, and Beijing Easyhome Investment Holding Group Co.Ltd. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the building materials and garden equipment and supplies market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Steps by national governments to contain the transmission have resulted in a decline in the manufacture and trade of non-essential goods and an overall decline in economic activity with countries entering a state of "lock down" and the outbreak having a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the building materials and garden equipment and supplies dealers market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. With rising awareness regarding environmental pollution, the demand for green building materials is increasing. Green building materials are sustainable, have a low carbon footprint, and help reduce exposure to toxic chemicals in residences and workplaces. These materials are moisture-resistant, energy-efficient, easy to maintain and create less production waste. As people become aware of polluting and hazardous construction materials, the industry accommodates organic architecture and biodegradable materials in the design of homes and commercial spaces. Consumers now demand safer products. For instance, American consumers are increasingly opting for sustainable building materials that are locally made, refurbished or remanufactured, and resilient to natural disasters. North America was the largest region in the building material and garden equipment and supplies dealers market in 2022. Asia-Pacific was the second-largest region in the building material and garden equipment and supplies dealers market. The regions covered in the building material and garden equipment and supplies dealers market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the building material and garden equipment and supplies dealers market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The building materials and garden equipment and supplies dealers market include revenues earned by entities by providing services through producers and wholesale distributors. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The building material and garden equipment and supplies dealers market research report is one of a series of new reports from The Business Research Company that provides building material and garden equipment and supplies dealers market statistics, including building material and garden equipment and supplies dealers industry global market size, regional shares, competitors with a building material and garden equipment and supplies dealers market share, detailed building material and garden equipment and supplies dealers market segments, market trends and opportunities, and any further data you may need to thrive in the building material and garden equipment and supplies dealers industry. This building materials and garden equipment and supplies dealers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The building and road construction equipment refer to self-propelled or towed equipment used directly in building and road construction. The main product types of building and road construction equipment are motor graders, road rollers, wheel loaders, concrete mixers, bulldozers, and other product types. Motor graders are being used to finish grade the rough grading performed by heavy CE like scrapers and bulldozers. The equipment categories are earthmoving equipment, material-handling equipment, heavy construction vehicles, and other equipment categories. The various applications involved are building construction, and road construction. The global building and road construction equipment market is segmented - 1) By Product Type: Motor Graders, Road Roller, Wheel Loaders, Concrete Mixer, Bulldozers, Other Product Types 2) By Equipment Category: Earthmoving Equipment, Material-Handling Equipment, Heavy Construction Vehicles, Other Equipment Categories 3) By Application: Building Construction, Road Construction The global building and road construction equipment market size will grow from $175.54 billion in 2022 to $194.84 billion in 2023 at a compound annual growth rate (CAGR) of 11.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of the global building and road construction equipment is expected to grow to $282.41 billion in 2027 at a CAGR of 9.7%. Infrastructure development in emerging and developed countries propelled the building and road construction equipment market. Emerging and developed countries' governments and private sector are focusing on developing the infrastructure to keep up the GDP, meet the growing population needs, meet the levels of urbanization, and increase connectivity by developing highways and expressways. For instance, the total Indian investment in road construction was worth $22.4 billion with private investment accounting for 14% of the total investments. Furthermore, according to the World Bank, the private sector infrastructure investment commitments for low- and middle-income countries were valued at $76.2 billion in 2021, which was a 49% increase from 2020 globally. Governments and private sectors of developed and emerging sectors focus on infrastructure developments and require high-tech equipment for the construction process to make it easy and less time-consuming which further acts as a major driver for growth of the building and road construction equipment market. Major players in the building and road construction equipment market are AB Volvo, Caterpillar Inc., Komatsu Ltd., Liebherr Group, Hitachi Construction Machinery Co. Ltd., J.C. Bamford Excavators Ltd., Terex Corporation, The Atlas Copco Group, Deere & Company, and Sany Group. The high cost of equipment and initial setup is expected to hinder the building and road construction equipment market. The cost of equipment consists of the purchase price, sales tax, shipping cost, installation cost, and financing charges at the time of acquisition of the equipment. A new full-size excavator can cost between $100,000 and $500,000, where companies are required to make high investments, as the purchase also involve additional costs, adding to the financial burden on companies and hindering the construction and road construction equipment market. The manufacturing companies in building and road construction equipment market are concentrating on upgrading their technologies. The technology advancements aim to increase safety, productivity, and connectivity of equipment and decrease maintenance issues and costs. For instance, in March 2020, Komatsu, a Japan-based construction equipment manufacturer introduced hydraulic excavators*1 equipped with the KomVision Human Detection and Collision Mitigation System the company. The excavators are designed by advancing the 'KomVision' bird-view camera system equipped with conventional models in the Japanese market. The system identifies humans across the excavator and avoids the excavator from moving when the system detects people whenever the excavator starts to travel or swing. In October 2020, Volvo Construction Equipment, a USA-based manufacturer of construction equipment launched Volvo Active Control, an automated grading machine control system available on excavators EC250E, EC220E, and EC300E across North America. This system allows the operators to conveniently get the right depth and angle, reducing grading times by up to 45%. In March 2020, K-Tec Earthmovers Inc. (K-Tec), a Canadian company that manufactures efficient earthmoving scrapers for construction and mining sites merged with Ashland Industries (Ashland), a USA-based manufacturer of earthmoving equipment for the agricultural, industrial, and construction sectors. The merger is expected to allow both companies to offer an extensive product line of earthmoving scrapers in the industry. The combination also expects to provide shorter lead times for customers and accelerated product design and launch. Asia-Pacific was the largest region in the building and road construction equipment market in 2022. Western Europe was the second-largest region in the global building and road construction equipment market share. The regions covered in the global building and road construction equipment market analysis report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The countries covered in the building and road construction equipment market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The building and road construction equipment market consists of sales of asphalt mixing plants, forklift trucks, crawler excavators, truck cranes, and others. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The building and road construction equipment market research report is one of a series of new reports from The Business Research Company that provides building and road construction equipment market statistics, including building and road construction equipment industry global market size, regional shares, competitors with a building and road construction equipment market share, detailed building and road construction equipment market segments, market trends and opportunities, and any further data you may need to thrive in the building and road construction equipment industry. This building and road construction equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Building equipment means all machinery, systems, appliances, equipment, and other equipment in a building or the infrastructure required to operate it. The main types of building equipment contractors are electrical contractors and other wiring installation contractors, plumbing, heating, and air-conditioning contractors, and other building equipment contractors. Plumbing refers to any system that transports fluids for a variety of purposes. To transport fluids, plumbers employ pipes, valves, plumbing fittings, tanks, and other devices. The different service providers include large chain companies and independent contractors and are available in various modes, such as online and offline. The building equipment contractors are involved in residential construction, non-residential building construction, utility system construction, and others. The global building equipment contractors market is segmented - 1) By Type: Electrical Contractors And Other Wiring Installation Contractors, Plumbing, Heating And Air-Conditioning Contractors, Other Building Equipment Contractors 2) By Application: Residential Building Construction, Nonresidential Building Construction, Utility System Construction, Other Applications 3) By Service Provider: Large Chain Companies, Independent Contractors 4) By Mode: Online, Offline The global building equipment contractors market grew from $2,621.41 billion in 2022 to $2,824.95 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The building equipment contractors market is expected to grow to $3,722.41 billion in 2027 at a CAGR of 7.1%. A rapidly growing urban population is expected to increase the demand for new residential and commercial buildings, during the forecast period. According to the UN World Urbanization Prospects report, globally, it is projected that more than two-thirds (60%) of the world's population will be living in cities by 2050. For instance, large opportunities are expected to arise in Asian countries such as Indonesia, Vietnam, and the Philippines, which are becoming increasingly popular for export-oriented manufacturing. According to the World Bank, the urban population in South Asia is expected to grow by 250 million by 2030. This rapid urbanization is expected to boost the demand for new infrastructure and drive the building equipment contractors market during the forecasted period. Major companies in the building equipment contractors market include KONE Corporation, Comfort Systems USA, Inc., Balfour Beatty plc, Fletcher Building Ltd., Vinci SA. The outbreak of COVID-19 disease (COVID-19) has acted as a massive restraint on the non-residential building construction market in 2020 as supply chains were disrupted due to trade restrictions and construction activities were affected due to lockdowns imposed by governments globally. COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty breathing. The virus was first identified in Wuhan, Hubei province of the People’s Republic of China, and has spread globally, including Western Europe, North America, and Asia. Construction companies depend on the supply of raw materials and equipment from domestic and international suppliers. As many governments restricted the movement of goods across countries and locally, companies had to halt construction activities due to a lack of equipment and raw materials. The outbreak continues to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the non-residential building construction market will recover from the shock over the forecast period as it is a "black swan" event and not related to ongoing or fundamental weaknesses in the market or the global economy. Smart wearables are paving their way into the building equipment contractors market and are being used by supervisors for monitoring operations. Wearable technology in the construction industry will not only have value for workers but can also enhance a company’s ability to manage safety. Wearable devices generally include a computer or electronic device worn on the body, personal protective equipment, or clothing. Wearables like the smart cap, badges, and biosensors evaluate real-time data like location, impact, motion, temperature, and vital signs. Microsoft's device, HoloLens, allows users to use augmented or mixed reality on the job site. Users can overlay 3D building plans over a site. The plans are to scale so project managers can actually see how things will work and fit on the site, reducing the rework requirement. For instance, in 2020, the national framework organization Pagabo, with the goal of improving site management and promoting well-being in the construction industry, teamed up with health tech start-up Moodbeam to produce Moodbeam One, a wearable gadget that allows construction workers to collect their mood in real-time. Asia-Pacific was the largest region in the building equipment contractors market in 2022. North America was the second-largest region in the building equipment contractors market. The regions covered in the building equipment contractors report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the building equipment contractors market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The building equipment contractors market includes revenues earned by entities by elevators, escalators, service station equipment, and central vacuum cleaning systems. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The building equipment contractors market research report is one of a series of new reports from The Business Research Company that provides building equipment contractors market statistics, including building equipment contractors industry global market size, building equipment contractors market regional shares, competitors with a building equipment contractors market share, detailed building equipment contractors market segments, market trends and opportunities, and any further data you may need to thrive in the building equipment contractors industry. This building equipment contractors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the building equipment contractors industry.

Building finishing is specialized construction work related to the plastering, pointing, painting, varnishing, white and colour washing, or distempering in a building. The main types of building finishing contractors are drywall and insulation contractors; painting and wall-covering contractors; flooring contractors; tile and terrazzo contractors; finish carpentry contractors; and other building finishing contractors. Drywall and insulation contractors specialise in drywall, plaster, and building insulation. The building finishing services are provided by large chain companies and independent contractors and are available in various modes, such as online and offline. The building finishing contractors are involved in various applications, such as residential construction, non-residential building construction, utility system construction, and others. The global building finishing contractors market is segmented - 1) By Type: Drywall And Insulation Contractors, Painting And Wall Covering Contractors, Flooring Contractors, Tile And Terrazzo Contractors, Finish Carpentry Contractors, Other Building Finishing Contractors 2) By Application: Residential Building Construction, Nonresidential Building Construction, Utility System Construction, Other Applications 3) By Service Provider: Large Chain Companies, Independent Contractors 4) By Mode: Online, Offline The global building finishing contractors market grew from $1,297.59 billion in 2022 to $1,380.11 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The building finishing contractors market is expected to grow to $1730.32 billion in 2027 at a CAGR of 5.8%. The population profile of most countries is becoming older, which is increasing the demand for elderly-friendly infrastructure. For instance, according to World Health Organization (WHO), an specialized government agency, between 2020 to 2050, the number of people with 80 years of age or older is expected to triple and reach to 426 million and by 2050, the number of people aged 60 and over will double to reach 2.1 billion. Houses and the wider surroundings had to be adapted to be made safer and more inclusive. Local shops and town centres had to be made more accessible and had to be made accessible to the elderly. Public transport facilities also had to be revised based on the increased demand from the elderly. This will result in increased demand for building finishing contractors activity during the forecast period. Major companies in the building finishing contractors market include Fletcher Building Ltd., NCI Building Systems Inc., Interserve Plc. Health and safety issues have always been a major concern in the building finishing contractors industry. Construction activities always face worker safety issues with them working at height, working in confined spaces, working underground and close proximity to falling materials; handling loads manually; handling hazardous substances; using plant and equipment; fire and exposure to live cables. For instance, according to 25 Construction Safety Statistics for 2021, the American construction industry comprises 6% of the US workers but witnesses around 20% of the fatalities, the highest number of fatalities compared to any other industry. Inadequate safety and health measures have a negative impact on both the construction and built environments, resulting in fatalities, injuries, and diseases. Predictive analytics is playing a prominent role in the building finishing contractors market to simplify risk management, manage financials and resources, and allocate budgets. Predictive analytics refers to a technique used to process large data sets and infer actionable information and behavioural patterns. The software analyses data collected from subcontractors, materials suppliers, and design plans to examine and control risk factors. Predictive analytics helps the project manager to predict and avoid delays in manpower availability and equipment shortages; collects weather data; and predicts the conditions for the company to take preventive actions against weather changes to avoid loss of material and labour costs. Some of the software tools used by building finishing contractors include GanttPRO, Acculynx, Jonas Premier, CoConstruct, Buildertrend, Knowify, Procore, PlanGrid, ProCOntractor, and BIM 360. Asia-Pacific was the largest region in the building finishing contractors market in 2022. Western Europe was the second-largest region in the building finishing contractors market. The regions covered in the building finishing contractors report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the building finishing contractors market report are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, and Vietnam. The building finishing contractors market includes revenues earned by entities by drywall and insulation contractors, painting and wall covering contractors, flooring contractors, tile and terrazzo contractors, finish carpentry contractors, and other building finishing contractors. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products. The building finishing contractors market research report is one of a series of new reports from The Business Research Company that provides building finishing contractors market statistics, including building finishing contractors industry global market size, regional shares, competitors with a building finishing contractors market share, detailed building finishing contractors market segments, market trends and opportunities, and any further data you may need to thrive in the building finishing contractors industry. This building finishing contractors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

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 main types of services in building inspection services are home inspection services, specific element inspection services, commercial building inspection services and others. Home inspection is enlisting the help of specialised firms or licenced personnel to conduct a complete examination of the property in order to identify any structural or mechanical problems. The different source types include in-house services, outsourced services and is used in various applications such as residential, commercial, others. The global building inspection services market is expected to grow from $11.35 billion in 2021 to $12.82 billion in 2022 at a compound annual growth rate (CAGR) of 13.0%. The growth in the building inspection services market 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 $19.75 billion in 2026 at a CAGR of 11.4%. 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 market. 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 December 2020, Applus+, a Sapin based company that provides testing and inspection services acquired SAFCO Group for an undisclosed amount. Through this acquisition Applus+ will be able to increase its service portfolio in Middle East. SAFCO Group is a Saudi Arabia based company that provides building inspection services. Major players in the building inspection services market are AmeriSpec Inspection Services, HouseMaster Home Inspections, National Property Inspections, Pillar to Post Home Inspectors and WIN Home Inspections. The regions covered in the building inspection services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the building inspection services market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA. 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