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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 | Oct 2014

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

IBISWorld’s Building Inspectors market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 09-14
2.8%
Annual Growth 14-19
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Profit
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Employment
35,607
Businesses
24,091
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 Analysis Chapter

Following major losses during the recession, the Buildings Inspectors industry is in the midst of recovery. Participants in the industry typically inspect structural elements of a building, evaluate building component systems and assess a structure's compliance with building codes and regulations. Most of the industry's clients are homebuyers who hire inspectors to evaluate a house for structural or regulatory issues before making a purchase. Inspectors are also hired during residential and commercial building construction in order to ensure that the structure being built is structurally sound and in compliance with the law. The housing market collapse, and subsequent recession, heavily affected building inspectors... 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 its structure and component systems are evaluated, and a report is prepared on the physical condition of the property. These reports are written for buyers 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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