Building Inspection Services Market - Global Size, Share, Trend Analysis, Opportunity and Forecast, 2019-2030, Segmented By Service Type; By Application; By End User; By Technology; By Region

Description

Global Building Inspection Services Market Size Booming at Strong CAGR of 7.75% to Touch Value of USD 13.67 Billion by 2030

Global Building Inspection Services Market is expanding due to an increasing focus on regulatory compliance, growing emphasis on safety standards, positive urbanization trends, and technological advancements in inspection methods.

BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Global Building Inspection Services Market size at USD 10.26 billion in 2023. During the forecast period between 2024 and 2030, BlueWeave expects Global Building Inspection Services Market size to expand at a CAGR of 7.75% reaching a value of USD 13.67 billion in 2023. Global Building Inspection Services Market is driven by growing awareness about building safety and compliance standards, stringent government regulations, and growing real estate investments. Rising urbanization and infrastructure development, particularly in emerging economies, fuel demand. Advancements in inspection technologies, such as drones and AI-based tools, enhance service efficiency and accuracy, attracting more clients. Additionally, the emphasis on sustainable building practices and the need for regular maintenance in aging structures further propel market growth. Economic recovery and growth in construction activities post-pandemic also contribute significantly to the market expansion.

Opportunity - Emphasis on green building practices

The rising global awareness about sustainability is propelling the demand for building inspection services that prioritize eco-friendly practices. Green building initiatives, including energy efficiency, renewable materials, and waste reduction, are becoming integral components of construction projects worldwide. As regulations tighten and environmental consciousness grows, stakeholders are increasingly turning to building inspection services that specialize in assessing and certifying eco-friendly structures.

Impact of Escalating Geopolitical Tensions on Global Building Inspection Services Market

Escalating geopolitical tensions have significantly impacted Global Building Inspection Services Market. Heightened trade restrictions and economic sanctions, particularly between major economies like the United States and China, disrupt supply chains, increasing costs for building materials and delaying projects. For instance, the United States-China trade war has resulted in imposed tariffs on essential construction goods, inflating prices. Additionally, geopolitical instability in regions such as the Middle East affects oil prices, leading to higher transportation and operational costs. The Russia-Ukraine conflict further exacerbates energy costs and creates uncertainty in European markets. These factors compel firms to adopt more stringent risk assessments and regulatory compliance checks, driving demand for thorough inspection services to mitigate potential liabilities and ensure project viability in uncertain times.

Global Building Inspection Services Market

Segmental Coverage

Global Building Inspection Services Market - By End User

By end user, Global Building Inspection Services Market is divided into Property Buyers, Property Sellers, Property Managers, and Government Agencies segments. The property manager segment holds the largest market share in Global Building Inspection Services Market. Property managers oversee multiple properties, necessitating regular inspections for maintenance, safety, and regulatory compliance. Their responsibilities span various buildings, from residential complexes to commercial spaces, driving significant demand for inspection services. Property buyers and sellers may require inspections on a per-transaction basis, while government agencies often conduct inspections for regulatory adherence. However, the recurring need for inspections across numerous properties positions property managers as the primary drivers of demand in the market, due to their ongoing operational requirements and responsibilities.

Competitive Landscape

Global Building Inspection Services Market is fiercely competitive. Major companies in the market include SGS S.A., Intertek Group plc, Bureau Veritas, DEKRA SE, TUV Rheinland, Applus+, Amerispec Inspection Services, HouseMaster, National Property Inspections, Pillar to Post, and WIN Home Inspection. These companies use various strategies, including increasing investments in their R&D activities, mergers and acquisitions, joint ventures, collaborations, licensing agreements, and new product and service releases to further strengthen their position in Global Building Inspection Services Market.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of Global Building Inspection Services Market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in Global Building Inspection Services Market and industry insights to help decision-makers make sound strategic decisions. Further, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.

Product Code: BWC24510

1. Research Framework

1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation

2. Executive Summary

3. Global Building Inspection Services Market Insights

3.1. Industry Value Chain Analysis
3.2. DROC Analysis
- 3.2.1. Growth Drivers
  - 3.2.1.1. Rising Demand for Safe and Sustainable Buildings
  - 3.2.1.2. Growth in Construction Activities
  - 3.2.1.3. Infrastructure Development
  - 3.2.1.4. Growing Awareness of Building
- 3.2.2. Restraints
  - 3.2.2.1. Shortage of Skilled Inspectors
  - 3.2.2.2. Standardization and Regulation Issues
  - 3.2.2.3. Pricing Pressures
- 3.2.3. Opportunities
  - 3.2.3.1. Technological Advancements
  - 3.2.3.2. Expansion into Emerging Markets
  - 3.2.3.3. Focus on Green Building Practices
- 3.2.4. Challenges
  - 3.2.4.1. COVID-19 Impact
  - 3.2.4.2. Cybersecurity Threats
  - 3.2.4.3. Client Education and Awareness
3.3. Technological Advancements/Recent Developments
3.4. Regulatory Framework
3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry

4. Global Building Inspection Services Market: Marketing Strategies

5. Global Building Inspection Services Market: Pricing Analysis

6. Global Building Inspection Services Market: Geography Analysis

6.1. Global Building Inspection Services Market, Geographical Analysis, 2023
6.2. Global Building Inspection Services Market Attractiveness Analysis, 2024-2030

7. Global Building Inspection Services Market Overview

7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Billion)
7.2. Market Share & Forecast
- 7.2.1. By Service Type
  - 7.2.1.1. Building Quality Inspections
  - 7.2.1.2. Home Inspections
  - 7.2.1.3. Environmental Inspections
- 7.2.2. By Application
  - 7.2.2.1. Residential
  - 7.2.2.2. Commercial
- 7.2.3. By End User
  - 7.2.3.1. Property Buyers
  - 7.2.3.2. Property Sellers
  - 7.2.3.3. Property Managers
  - 7.2.3.4. Government Agencies
- 7.2.4. By Technology
  - 7.2.4.1. Traditional Inspection Methods
  - 7.2.4.2. Advanced Inspection Methods
- 7.2.5. By Country
  - 7.2.5.1. North America
  - 7.2.5.2. Europe
  - 7.2.5.3. Asia Pacific (APAC)
  - 7.2.5.4. Latin America (LATAM)
  - 7.2.5.5. Middle East and Africa (MEA)

8. North America Building Inspection Services Market

8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Billion)
8.2. Market Share & Forecast
- 8.2.1. By Service Type
- 8.2.2. By Application
- 8.2.3. By End User
- 8.2.4. By Technology
- 8.2.5. By Country
  - 8.2.5.1. United States
  - 8.2.5.1.1. By Service Type
  - 8.2.5.1.2. By Application
  - 8.2.5.1.3. By End User
  - 8.2.5.1.4. By Technology
  - 8.2.5.2. Canada
  - 8.2.5.2.1. By Service Type
  - 8.2.5.2.2. By Application
  - 8.2.5.2.3. By End User
  - 8.2.5.2.4. By Technology

9. Europe Building Inspection Services Market

9.1. Market Size & Forecast, 2019-2030
- 9.1.1. By Value (USD Billion)
9.2. Market Share & Forecast
- 9.2.1. By Service Type
- 9.2.2. By Application
- 9.2.3. By End User
- 9.2.4. By Technology
- 9.2.5. By Country
  - 9.2.5.1. Germany
  - 9.2.5.1.1. By Service Type
  - 9.2.5.1.2. By Application
  - 9.2.5.1.3. By End User
  - 9.2.5.1.4. By Technology
  - 9.2.5.2. United Kingdom
  - 9.2.5.2.1. By Service Type
  - 9.2.5.2.2. By Application
  - 9.2.5.2.3. By End User
  - 9.2.5.2.4. By Technology
  - 9.2.5.3. Italy
  - 9.2.5.3.1. By Service Type
  - 9.2.5.3.2. By Application
  - 9.2.5.3.3. By End User
  - 9.2.5.3.4. By Technology
  - 9.2.5.4. France
  - 9.2.5.4.1. By Service Type
  - 9.2.5.4.2. By Application
  - 9.2.5.4.3. By End User
  - 9.2.5.4.4. By Technology
  - 9.2.5.5. Spain
  - 9.2.5.5.1. By Service Type
  - 9.2.5.5.2. By Application
  - 9.2.5.5.3. By End User
  - 9.2.5.5.4. By Technology
  - 9.2.5.6. Belgium
  - 9.2.5.6.1. By Service Type
  - 9.2.5.6.2. By Application
  - 9.2.5.6.3. By End User
  - 9.2.5.6.4. By Technology
  - 9.2.5.7. Russia
  - 9.2.5.7.1. By Service Type
  - 9.2.5.7.2. By Application
  - 9.2.5.7.3. By End User
  - 9.2.5.7.4. By Technology
  - 9.2.5.8. The Netherlands
  - 9.2.5.8.1. By Service Type
  - 9.2.5.8.2. By Application
  - 9.2.5.8.3. By End User
  - 9.2.5.8.4. By Technology
  - 9.2.5.9. Rest of Europe
  - 9.2.5.9.1. By Service Type
  - 9.2.5.9.2. By Application
  - 9.2.5.9.3. By End User
  - 9.2.5.9.4. By Technology

10. Asia Pacific Building Inspection Services Market

10.1. Market Size & Forecast, 2019-2030
- 10.1.1. By Value (USD Billion)
10.2. Market Share & Forecast
- 10.2.1. By Service Type
- 10.2.2. By Application
- 10.2.3. By End User
- 10.2.4. By Technology
- 10.2.5. By Country
  - 10.2.5.1. China
  - 10.2.5.1.1. By Service Type
  - 10.2.5.1.2. By Application
  - 10.2.5.1.3. By End User
  - 10.2.5.1.4. By Technology
  - 10.2.5.2. India
  - 10.2.5.2.1. By Service Type
  - 10.2.5.2.2. By Application
  - 10.2.5.2.3. By End User
  - 10.2.5.2.4. By Technology
  - 10.2.5.3. Japan
  - 10.2.5.3.1. By Service Type
  - 10.2.5.3.2. By Application
  - 10.2.5.3.3. By End User
  - 10.2.5.3.4. By Technology
  - 10.2.5.4. South Korea
  - 10.2.5.4.1. By Service Type
  - 10.2.5.4.2. By Application
  - 10.2.5.4.3. By End User
  - 10.2.5.4.4. By Technology
  - 10.2.5.5. Australia & New Zealand
  - 10.2.5.5.1. By Service Type
  - 10.2.5.5.2. By Application
  - 10.2.5.5.3. By End User
  - 10.2.5.5.4. By Technology
  - 10.2.5.6. Indonesia
  - 10.2.5.6.1. By Service Type
  - 10.2.5.6.2. By Application
  - 10.2.5.6.3. By End User
  - 10.2.5.6.4. By Technology
  - 10.2.5.7. Malaysia
  - 10.2.5.7.1. By Service Type
  - 10.2.5.7.2. By Application
  - 10.2.5.7.3. By End User
  - 10.2.5.7.4. By Technology
  - 10.2.5.8. Singapore
  - 10.2.5.8.1. By Service Type
  - 10.2.5.8.2. By Application
  - 10.2.5.8.3. By End User
  - 10.2.5.8.4. By Technology
  - 10.2.5.9. Vietnam
  - 10.2.5.9.1. By Service Type
  - 10.2.5.9.2. By Application
  - 10.2.5.9.3. By End User
  - 10.2.5.9.4. By Technology
  - 10.2.5.10. Rest of APAC
  - 10.2.5.10.1. By Service Type
  - 10.2.5.10.2. By Application
  - 10.2.5.10.3. By End User
  - 10.2.5.10.4. By Technology

11. Latin America Building Inspection Services Market

11.1. Market Size & Forecast, 2019-2030
- 11.1.1. By Value (USD Billion)
11.2. Market Share & Forecast
- 11.2.1. By Service Type
- 11.2.2. By Application
- 11.2.3. By End User
- 11.2.4. By Technology
- 11.2.5. By Country
  - 11.2.5.1. Brazil
  - 11.2.5.1.1. By Service Type
  - 11.2.5.1.2. By Application
  - 11.2.5.1.3. By End User
  - 11.2.5.1.4. By Technology
  - 11.2.5.2. Mexico
  - 11.2.5.2.1. By Service Type
  - 11.2.5.2.2. By Application
  - 11.2.5.2.3. By End User
  - 11.2.5.2.4. By Technology
  - 11.2.5.3. Argentina
  - 11.2.5.3.1. By Service Type
  - 11.2.5.3.2. By Application
  - 11.2.5.3.3. By End User
  - 11.2.5.3.4. By Technology
  - 11.2.5.4. Peru
  - 11.2.5.4.1. By Service Type
  - 11.2.5.4.2. By Application
  - 11.2.5.4.3. By End User
  - 11.2.5.4.4. By Technology
  - 11.2.5.5. Rest of LATAM
  - 11.2.5.5.1. By Service Type
  - 11.2.5.5.2. By Application
  - 11.2.5.5.3. By End User
  - 11.2.5.5.4. By Technology

12. Middle East & Africa Building Inspection Services Market

12.1. Market Size & Forecast, 2019-2030
- 12.1.1. By Value (USD Billion)
12.2. Market Share & Forecast
- 12.2.1. By Service Type
- 12.2.2. By Application
- 12.2.3. By End User
- 12.2.4. By Technology
- 12.2.5. By Country
  - 12.2.5.1. Saudi Arabia
  - 12.2.5.1.1. By Service Type
  - 12.2.5.1.2. By Application
  - 12.2.5.1.3. By End User
  - 12.2.5.1.4. By Technology
  - 12.2.5.2. UAE
  - 12.2.5.2.1. By Service Type
  - 12.2.5.2.2. By Application
  - 12.2.5.2.3. By End User
  - 12.2.5.2.4. By Technology
  - 12.2.5.3. Qatar
  - 12.2.5.3.1. By Service Type
  - 12.2.5.3.2. By Application
  - 12.2.5.3.3. By End User
  - 12.2.5.3.4. By Technology
  - 12.2.5.4. Kuwait
  - 12.2.5.4.1. By Service Type
  - 12.2.5.4.2. By Application
  - 12.2.5.4.3. By End User
  - 12.2.5.4.4. By Technology
  - 12.2.5.5. South Africa
  - 12.2.5.5.1. By Service Type
  - 12.2.5.5.2. By Application
  - 12.2.5.5.3. By End User
  - 12.2.5.5.4. By Technology
  - 12.2.5.6. Nigeria
  - 12.2.5.6.1. By Service Type
  - 12.2.5.6.2. By Application
  - 12.2.5.6.3. By End User
  - 12.2.5.6.4. By Technology
  - 12.2.5.7. Algeria
  - 12.2.5.7.1. By Service Type
  - 12.2.5.7.2. By Application
  - 12.2.5.7.3. By End User
  - 12.2.5.7.4. By Technology
  - 12.2.5.8. Rest of MEA
  - 12.2.5.8.1. By Service Type
  - 12.2.5.8.2. By Application
  - 12.2.5.8.3. By End User
  - 12.2.5.8.4. By Technology

13. Competitive Landscape

13.1. List of Key Players and Their Drive Types
13.2. Global Building Inspection Services Market Share Analysis, 2023
13.3. Competitive Benchmarking, By Operating Parameters
13.4. Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)

14. Global Building Inspection Services Market: Import & Export

15. Impact of Escalating Geopolitical Tensions on Global Building Inspection Services Market

16. Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)

16.1. SGS S.A.
16.2. Intertek Group plc
16.3. Bureau Veritas
16.4. DEKRA SE
16.5. TUV Rheinland
16.6. Applus+
16.7. Amerispec Inspection Services
16.8. HouseMaster
16.9. National Property Inspections
16.10. Pillar to Post
16.11. WIN Home Inspection
16.12. Other Prominent Players

17. Key Strategic Recommendations

18. Research Methodology

18.1. Qualitative Research
- 18.1.1. Primary & Secondary Research
18.2. Quantitative Research
18.3. Market Breakdown & Data Triangulation
- 18.3.1. Secondary Research
- 18.3.2. Primary Research
18.4. Breakdown of Primary Research Respondents, By Region
18.5. Assumptions & Limitations

*Financial information of non-listed companies can be provided as per availability.

**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable