Foundation Repair Services Market (CAGR of 7.2%): Future Prospects, Size and Competitive Analysis, 2019 – 2027

The latest market report published by Credence Research, Inc. “Foundation Repair Services MarketGrowth, Future Prospects, and Competitive Analysis, 2019 – 2027” the foundation repair services market was valued at US$ 2.82 Bn in 2018 and expected to grow at a CAGR of 7.2% during the forecast period from 2019 to 2027.

Market Insights

Increasing number of residential and commercial buildings worldwide will upgrade the market growth during the forecast period

Swift development in the residential, commercial sector and civil infrastructures coupled with growing urbanization on a global scale projected to create lucrative opportunities for the foundation repair services market. In addition, an increasing number of re-modulation works including chimney works, basement walls, concrete slabs will drive market growth. Furthermore, fragmentary construction activities in the residential sector, coupled with increasing consumer inclinations towards home renovation and improvement expected to expand the market over the forecast period.

Fluctuating weather and soil conditions will ramp up the foundation repair services Market

Changing weather conditions and soil topology are the key factors that may affect the foundations of buildings may fuel the demand for foundation repair services. Furthermore, the emerging countries like China, India, Mexico, Brazil, South Africa and other Asian countries have witnessed considerable growth towards the market.

Indefinite contract and expand of soil with constant cycle of dry and wet periods occurs due to climatic change, increases the rate of expansive stresses that often cause damage to foundations, pier and slabs works. However, the aforementioned factors is expected to increase the foundation repair services.

Get Sample Copy With Covid19 Impact Analysis: https://www.credenceresearch.com/sample-request/60152

Industrial Developments

  • In January 2020, Groundworks, the largest foundation services company, announced its acquisition with Foundation Repair of Western Colorado (FRWC). This acquisition will expand its customer’s services across Colorado.
    • In November 2019, Alpha Foundations acquires NSquare, Inc. headquartered in Naples thereby, expanding its services to South Florida. This expansion will make Alpha Foundations as one of the largest foundation repair contractors in South Florida.
    • In September 2019, Groundworks acquired Ohio Basement Systems, an Ohio’s go-to basement, crawl space & foundation contractor. This acquisition of Groundworks continues to evolve the foundation services industry with its Fourth Acquisition of 2019.

Key Market Movements:

  • Globally, the foundation repair services market is rising at a CAGR of 7.2% for the estimated period from 2019 to 2027.
    • The foundation repair services markets in North America accounted to have a market share of around 38% in 2018. In addition, the developed nations continue to hold a lucrative market for foundation repair services, thereby creating new growth opportunities with the rapidly growing construction industry across the region.
    • Asia Pacific region projected to have a prominent market for foundation repair services with ongoing infrastructural developments in developing countries like India, Singapore, Malaysia and China in the near future.
    • The Middle East and Africa to create a moderate incremental opportunity with increasing urbanization and developments in commercial and residential sectors.
    • An increasing number of government initiatives, infrastructural development, and increased investments for development in the emerging nations will drive the overall demand.

List of Companies Covered:

  • Acculift Foundation Repair
    • Longview Foundation Repair
    • DFW Foundation Repair Services
    • Home Services Foundation Repair
    • Huntsville Foundation Repair
    • Windler Foundation Repair Systems
    • Grapevine Foundation Repair
    • Alfa Foundations
    • Kent Foundation Repair
    • Tyler Foundation Repair
    • Groundworks
    • Advanced Foundation Repair

End-use Analysis

“Increase in number of residential buildings accounts have a higher revenue share across the market”

Residential and commercial construction works are the major end-use sectors in the foundation repair services market. The residential sector is expected to hold a market share of around 72%, thereby exhibit a higher growth rate during the forecast period. In addition, government initiatives and policies like new funding’s, public private partnership (PPP) investments, and infrastructure tax credits is projected to drive the market growth over the forecast period.

The steady increase in remodeling activity will continue to grow due to rising home prices, homeowners aging in place, and non-availability of new construction works, which will boost up the global foundation repair services market. For instance, according to the Home Improvement Industry Statistics around 63% of residential consumers looks around for a renovation works, with having a spending of around 25% towards renovation works. The aforementioned factors is expected to propel the market growth on a global scale.

Get Sample Copy With Covid19 Impact Analysis: https://www.credenceresearch.com/sample-request/60152

 

ToC:

  1. Preface
    1.1. Report Description
    1.1.1. Purpose of the Report
    1.1.2. Target Audience
    1.1.3. USP and Key Offerings
    1.2. Research Scope
    1.3. Research Methodology
    1.3.1. Phase I – Secondary Research
    1.3.2. Phase II – Primary Research
    1.3.3. Phase III – Expert Panel Review
    1.3.4. Approach Adopted
    1.3.4.1. Top-Down Approach
    1.3.4.2. Bottom-Up Approach
    1.3.5. Assumptions
    1.4. Market Segmentation
  2. Executive Summary
    2.1. Market Snapshot: Global Foundation Repair Services (FRS) Market
    2.2. Global FRS Market, by Repair Type, 2018 (US$ Bn)
    2.3. Global FRS Market, by End-use, 2018 (US$ Bn)
    2.4. Global FRS Market, by Geography, 2018 (US$ Bn)
  3. Market Dynamics
    3.1. Introduction
    3.1.1. Global FRS Market Value, 2017-2027, (US$ Bn)
    3.2. Market Dynamics
    3.2.1. Market Drivers
    3.2.2. Market Restraints
    3.3. Attractive Investment Proposition, by Geography, 2018
    3.4. Market Positioning of Key Players, 2018
    3.4.1. Major Strategies Adopted by Key Players
  4. Global Foundation Repair Services (FRS ) Market, by Repair Type , 2017-2027 (US$ Bn)
    4.1. Overview
    4.2. Settlement Repair
    4.3. Wall Repair
    4.4. Chimney Repair
    4.5. Floor Slab Repair
    4.6. Others
  5. Global Foundation Repair Services (FRS ) Market, by End-use, 2017-2027 (US$ Bn)
    5.1. Overview
    5.2. Residential
    5.3. Commercial
  6. North America Foundation Repair Services (FRS ) Market Analysis, 2017-2027 (US$ Bn)
    6.1. Overview
    6.1.1. North America FRS Market Value and Growth, 2017-2027, (US$ Bn)
    6.2. North America FRS Market Value, By Repair Type, 2017-2027 (US$ Bn)
    6.2.1. Market Analysis
    6.3. North America FRS Market Value, By End-use, 2017-2027 (US$ Bn)
    6.3.1. Market Analysis
    6.4. North America FRS Market Value, By Region/Country, 2017-2027 (US$ Bn)
    6.4.1. Market Analysis
    6.4.2. U.S.
    6.4.3. Rest of North America
  7. Europe Foundation Repair Services (FRS ) Market Analysis, 2017-2027 (US$ Bn)
    7.1. Overview
    7.1.1. Europe FRS Market Value and Growth, 2017-2027, (US$ Bn)
    7.2. Europe FRS Market Value, By Repair Type, 2017-2027 (US$ Bn)
    7.2.1. Market Analysis
    7.3. Europe FRS Market Value, By End-use, 2017-2027 (US$ Bn)
    7.3.1. Market Analysis
    7.4. Europe FRS Market Value, By Region/Country, 2017-2027 (US$ Bn)
    7.4.1. Market Analysis
    7.4.2. U.K.
    7.4.3. Germany
    7.4.4. France
    7.4.5. Rest of Europe
  8. Asia Pacific Foundation Repair Services (FRS ) Market Analysis, 2017-2027 (US$ Bn)
    8.1. Overview
    8.1.1. Asia Pacific FRS Market Value and Growth, 2017-2027, (US$ Bn)
    8.2. Asia Pacific FRS Market Value, By Repair Type, 2017-2027 (US$ Bn)
    8.2.1. Market Analysis
    8.3. Asia Pacific FRS Market Value, By End-use, 2017-2027 (US$ Bn)
    8.3.1. Market Analysis
    8.4. Asia Pacific FRS Market Value, By Region/Country, 2017-2027 (US$ Bn)
    8.4.1. Market Analysis
    8.4.2. Japan
    8.4.3. China
    8.4.4. India
    8.4.5. Rest of Asia Pacific
  9. Rest of the World Foundation Repair Services (FRS ) Market Analysis, 2017-2027 (US$ Bn)
    9.1. Overview
    9.1.1. Rest of the World FRS Market Value and Growth, 2017-2027, (US$ Bn)
    9.2. Rest of the World FRS Market Value, By Repair Type, 2017-2027 (US$ Bn)
    9.2.1. Market Analysis
    9.3. Rest of World FRS Market Value, By End-use, 2017-2027 (US$ Bn)
    9.3.1. Market Analysis
    9.4. Rest of the World FRS Market Value, By Region, 2017-2027 (US$ Bn)
    9.4.1. Market Analysis
    9.4.2. Middle East & Africa
    9.4.3. Latin America
  10. Company Profiles
    10.1. Acculift Foundation Repair
    10.2. Longview Foundation Repair
    10.3. DFW Foundation Repair Services
    10.4. Home Services Foundation Repair
    10.5. Huntsville Foundation Repair
    10.6. Windler Foundation Repair Systems
    10.7. Grapevine Foundation Repair
    10.8. Alfa Foundations
    10.9. Kent Foundation Repair
    10.10. Tyler Foundation Repair
    10.11. Groundworks
    10.12. Advanced Foundation Repair

……………

Get Sample Copy With Covid19 Impact Analysis: https://www.credenceresearch.com/sample-request/60152

DoC: https://issuu.com/robsonspot/docs/foundation_repair_services_market.docx

About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives.

Media Contact
Name: Chris Smith
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
(US/CANADA) Ph.: +1-800-361-8290
E-mailsales@credenceresearch.com