SEARCH   
MEMBER LOGIN    
Forgot Password?

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 2016

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 11-16
4.4%
Annual Growth 16-21
Annual Growth
Profit
Profit
Employment
36,989
Businesses
24,209
Industry Threats & Opportunities
  • Industry demand will improve, as investment in residential and commercial buildings rises
  • The industry has begun to recover in line with the housing market
  • Profit will only slightly improve as competition rises
  • ... purchase to read more

Industry Analysis & Industry Trends

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 has steadily expanded over the five years to 2016. 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 by commercial and government clients to inspect nonresidential buildings during and after construction. The housing market collapse, and subsequent recession negatively affected building inspectors. Exi.. ... purchase to read more

Additional Insights for the Building Inspectors Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Building Inspectors Industry are

  • Having a good technical knowledge of inspection processes
  • Ability to attract local support/patronage
  • Ability to franchise operations
  • IBISWorld analysts also discuss how external factors such as Housing starts and Value of private nonresidential construction in the Building Inspectors industry impact industry performance... purchase to read more

     


    Industry ProductsRelated Reports

    What is the Building Inspectors Industry?

    This industry includes companies that primarily perform inspections on buildings. When industry representatives inspect a building, they evaluate all aspects of its structure and component systems, and they prepare a report 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


    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Housing starts
  • Value of private nonresidential construction
  • Existing home sales
  • Government consumption and investment
  • year conventional mortgage rate
  • Current Performance
  • Passing Inspection: Industry demand grows
  • Other trends
  • Chart: Revenue Growth
  • Industry Outlook
  • Steady growth
  • Competition and profit
  • Table: Building Inspectors Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Building Inspectors Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Construction
  • Commercial Leasing
  • Real Estate Appraisal
  • Professional, Scientific and Technical Services
  • Administration of Government Programs
  • Key Selling Industries
  • Camera Stores
  • Computer & Packaged Software Wholesaling
  • Direct Mail Advertising
  • Finance and Insurance
  • Products & Services
  • Home inspection services
  • Specific element inspection services
  • Other
  • Commercial building inspection services
  • New home construction inspection services
  • Chart: Building Inspectors Industry Products and Services Segmentation
  • Demand Determinants
  • Existing home transactions
  • The construction market
  • Repair and reconstruction demand
  • Major Markets
  • Commercial and other markets
  • Home buyers and sellers
  • The government
  • Contractors
  • Chart: Major Market Segmentation for the Building Inspectors Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Building Inspectors
  • Basis of Competition
  • Internal competition
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Building Inspectors Industry
  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Building Inspectors Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Building Inspectors Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Wages (2007-2021)
  • Existing home sales (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
    House Price Index
  • Captures trends in the national housing market. It adjusts for the quality, size and location of homes in order to keep prices comparable across areas and in the long term.
  • Housing Starts
  • The number of new homes under construction.
  • Radon
  • A colorless, odorless and tasteless radioactive gas formed during the natural breakdown of uranium in soil, rock and water. It exits the ground and seeps into homes through cracks in the foundation.
  • Specific Element Inspection
  • An inspection of a particular system within a building. For example, the building's roof or electrical system.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Building Inspectors:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Building Inspectors market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Building Inspectors, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

    View Sample
    Quote
    Select Clients
    Back to Top