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Building Inspectors in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Building Inspectors Market Research Report | NAICS 54135 | Sep 2013

Closer inspection: The housing market recovery will lift the industry out of its slump

IBISWorld’s Building Inspectors market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 08-13
-0.9%
Annual Growth 13-18
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Profit
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Employment
33,464
Businesses
21,338
Industry Analysis & Industry Trends

Keeping in check

Demand for building inspection services will get a boost from the economic recovery over the next five years. While the weak housing market has hit industry businesses hard, the revival of housing starts and rising number of existing home sales will contribute to growth. Mortgage lending rates will continue to remain tight and hamper revenue; however, the industry is poised for a recovery... purchase to read more

Industry Report - Industry Investment Chapter

In 2013, operators in the Building Inspector industry are expected to spend about $0.06 in capital investment for every $1.00 spent on wages, indicating a low level of capital intensity. Given the industry's service-based nature, labor makes up the majority of expenses. This is especially true for nonemployers, who make up the majority of enterprises. In such firms, the inspector pockets all the revenue minus the cost of doing business, thus there is a huge labor expense.

The bulk of work is visual, although inspectors may use equipment such as tape measures, surveying instruments, electrical metering devices and concrete strength testing equipment to complete various stages of an inspection... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Building Inspectors Industry?

This industry includes companies that primarily perform inspections on buildings. When inspecting a building, all aspects of the structure and component systems are evaluated, and a report is prepared on the physical condition of the property. These reports are written for buyers and/or others involved in real estate transactions. Building inspection bureaus and companies that carry out home inspection services are also included in this industry.

Industry Products
Home inspection servicesCommercial building inspection servicesSpecific element inspection servicesNew home construction inspection services
 
Industry Activities
Inspecting and reporting on the structural attributes of a buildingReporting on and evaluating the component systems of a building (electrical, fire, roofing and plumbing)Assessing compliance with building, electrical, plumbing and fire codesEvaluating building plans and permitsStudying and assessing the soil composition and attributes of where the building is locatedReviewing and approving plans that meet building codes, local ordinances, and zoning regulationsIssuing violation notices and stop-work orders until building in violation is compliantKeeping daily logs, including photographs taken during inspection


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