This industry comprises establishments primarily engaged in providing building inspection services. These establishments typically 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. Building inspection bureaus and establishments providing home inspection services are included in this industry. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Introduction
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This growing industry experiences demand driven by growth in property values. The wide spread of multi-locational firms and franchises helps fuel demand for the services provided by this industry, and economic conditions are estimated to be conducive to strong property values which benefit the industry if they rise. Increased competition for market share in this industry will likely come from real estate offices, architects and home maintenance services in the future.
