Global Foundation Repair Service Market 2024-2028
The foundation repair service market is forecasted to grow by USD 241.49 mn during 2023-2028, accelerating at a CAGR of 2.86% during the forecast period. The report on the foundation repair service market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by structural damage to building foundations due to rising occurrence of natural disasters, high base of old buildings, and growing focus on building codes.
Technavio's foundation repair service market is segmented as below:
By End-user
By Type
- Settlement repair
- Wall repair
- Chimney repair
- Others
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the increasing use of push piers and helical piers in foundation repair activities as one of the prime reasons driving the foundation repair service market growth during the next few years. Also, on-demand foundation repair service apps gaining traction and advances in technology related to foundation repair services will lead to sizable demand in the market.
The report on the foundation repair service market covers the following areas:
- Foundation repair service market sizing
- Foundation repair service market forecast
- Foundation repair service market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading foundation repair service market vendors that include 20 Microns Ltd., ACCULEVEL, Alphatec Engineering S.L., Atlas Foundation Repair, Basement Systems Inc., EagleLIFT Inc., EC Foundations, Epp Foundation Repair, Foundation Pro, Foundation Repair Services Inc., Groundworks Co., LRE Foundation Repair, Olshan Foundation Solutions, Pierman Foundation Repair, Ram Jack Distribution LLC, Redeemers Group, SOS Foundation Repair, TFS, The Dwyer Co. Inc., and Angi Inc.. Also, the foundation repair service market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.