Foundation Repair Services Market

Foundation Repair Services Market: Sustained Demand for Wall Repair Services to Forestall Rapid Decline: Global Industry Analysis (2013-2017) & Market Forecast (2018-2027)

  • 2019-03-29
  • REP-GB-9273
  • 74 Tables
  • 60 Figures
  • 114 pages
  • PDF PPT EXCEL
 Foundation Repair Services Market

An Incisive, In-depth Analysis on the Foundation Repair Services Market

This study offers a comprehensive, 360 degree analysis on the Foundation Repair Services market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Foundation Repair Services market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

The adoption of foundation repair services has been growing across to globe with increasing needs for repair and restructuring of the foundations of residential, industrial and commercial buildings. Furthermore, foundation repair services are also employed to fix cracks over concrete slabs, basement walls, chimney settlements, and bricks & blocks.

Changing soil conditions and weather conditions are among the primary factors impacting the global demand for foundation repair services. Geographical regions that have fluctuating weather conditions and soil conditions, are likely to witness an increase in the demand for services such as foundation repair services in the upcoming years.


Top 4 Factors Shaping the Foundation Repair Services Market-

Residential Sector Accounts for 3/4th Revenue Share of the Market

Residential construction and commercial construction sectors are among the major end-user sectors in the foundation repair services market. Among the two, the residential sector is expected to hold a share of more than 75% of the global foundation repair services market. The same segment is also expected to exhibit a higher growth rate during the forecast period in the global foundation repair services market.

However, the commercial sector generates relatively lesser opportunities for stakeholders in the foundation repair services market, as the type of foundation laid is mostly deep (pier foundation and pile foundation) in commercial buildings. Moreover, the construction of commercial buildings is carried out under the supervision of specialised engineers, owing to which these buildings are less prone to errors and failure.

Weather Conditions and Construction Quality Influence Needs for Foundation Repair Services

Changing weather conditions is one of the main factors to affect the foundations of buildings and this is expected to propel the demand for foundation repair services. The markets for foundation repair services in regions/countries, such as Japan, India, Mexico and the United States, have witnessed considerable traction owing to the same. Thereby, the above-mentioned regions are expected to create lucrative growth opportunities for foundation repair services market during the forecast period.

With the progression of technology, automated tools have been introduced in the construction industry for enhancing the design process of a foundation and a building. This has been one of the major factors responsible for the decreasing frequency of building failures and accidents, which may restrict growth of the foundation repair services market.

Foundation Repair Service Adoption Remains Highest in Wall Repair Applications

The most common applications of foundation repair services include settlement repair, wall repair, chimney repair, floor slab repair and others. However, adoption of foundation repair services for wall repair was highest in 2017, accounting for the largest revenue share in the foundation repair services market. The failure of a shallow foundation has the most prominent effect on the walls of a building, which results in cracks, and this reflects in increased demand for foundation repair services for wall repairing applications.

In addition, the wall repair segment of the foundation repair services market is also expected to exhibit a significantly high growth rate during the forecast period, making it a significantly attractive segment of the foundation repair services market. Factors, such as the increasing population and urbanisation, are also contributing to the growth of the construction industry, which is expected to drive the demand for foundation repair services during the forecast period. 

Developed Regions Remain Highly Lucrative; Emerging Economies Create New Avenues of Growth

North America and Europe foundation repair services markets, in conjunction, accounted for approximately 40% of the foundation repair services market share in 2018. While developed regions continue to remain lucrative markets for foundation repair services, developing countries are likely to create new growth opportunities, especially with the rapidly growing construction industry in emerging economies.

The foundation repair services market in Asia Pacific excluding Japan is expected to become a prominent market in the coming years with ongoing infrastructural developments in developing countries such as China and India. In addition, the foundation repair services market in the Middle East and Africa is also expected to create a moderate incremental opportunity of US 66.7 $ Mn during the forecast period with increasing urbanisation and developments in residential as well as commercial sectors across the region.

Report Synopsis

Future Market Insights (FMI) offers a 9-year forecast for the foundation repair services market between 2018 and 2027. In terms of value, the foundation repair services market is expected to register a lower single-digit CAGR during the forecast period.

This study demonstrates the global foundation repair services market dynamics and trends across six regions: North America, Latin America, Europe, Japan, APEJ and MEA, which influence the current nature and the future status of the foundation repair services market over the forecast period.

Report Description

This research report provides a detailed analysis of the foundation repair services market and offers insights on the various factors driving the popularity of foundation repair services. The report includes an extensive analysis of the key industry drivers, challenges, trends and structure of the foundation repair services market.

The foundation repair services market study provides a comprehensive assessment of stakeholder strategies and imperatives for succeeding in the foundation repair services business. The report segregates the foundation repair services market based on the end user, service type and different regions globally.

The foundation repair services report starts with an overview of the foundation repair services market in terms of value. In addition, this section includes an analysis of the key trends, drivers and challenges from the supply, demand and economy side, which are influencing the foundation repair services market.

The foundation repair services market is classified on the basis of end-user, service type and region. Based on end user, the foundation repair services market is segmented into residential and commercial. Based on service type, the foundation repair services market is segmented into settlement repair, wall repair, chimney repair, floor slab repair and others (retaining walls, slope stabilisation, grouting and soil nailing).

A detailed analysis has been provided for every segment of the foundation repair services market in terms of market size analysis for the foundation repair services market across different regions. This section provides a detailed analysis covering the key trends.

The next section of the foundation repair services market report contains a detailed analysis of the foundation repair services market across various countries and regions across the world. This study discusses the key trends within countries, which are contributing to the growth of the foundation repair services market, as well as analyses the degrees at which the drivers are influencing the foundation repair services market in each region.

The key regions and countries assessed in this report include North America (U.S. & Canada), Latin America (Brazil, Mexico & the rest of Latin America), Europe (Germany, U.K., Spain, France, Italy & the Rest of Europe), Japan, APEJ (China, India, Malaysia, Singapore, Australia and the rest of APEJ) and MEA (GCC Countries, Israel, South Africa, & the rest of MEA). The foundation repair services market report evaluates the present scenario and the growth prospects of the foundation repair services market across various regions globally for the forecast period.

To offer an accurate forecast, we have started by sizing the current market, which forms the basis of how the foundation repair services market will grow in the future. Given the characteristics of the foundation repair services market, we have triangulated the outcome of different types of analysis based on the technology trends.

In the final section of the report, we have included a competitive landscape to provide clients a dashboard view based on the categories of providers in the value chain, their presence in the foundation repair services market and key differentiators. This section is primarily designed to provide clients an objective and detailed comparative assessment of the key providers specific to a market segment in the foundation repair services supply chain and the potential players for the same.

Key Segments

By End User

  • Residential

  • Commercial

By Service Type

  • Settlement Repair

  • Wall Repair

  • Chimney Repair

  • Floor Slab Repair

  • Others (retaining walls, slope stabilization, grouting, & soil nailing)

Key Regions covered:

  • North America

    • U.S.

    • Canada

  • Latin America

    • Brazil

    • Mexico

    • Rest of Latin America

  • Europe

    • Germany

    • U.K.

    • France

    • Spain

    • Italy

    • Rest of Europe

  • APEJ

    • China

    • India

    • Malaysia

    • Singapore

    • Australia

    • Rest of APEJ

  • Japan

  • MEA

    • GCC Countries

    • Israel

    • South Africa

    • Rest of MEA

Key Companies

  • BASIC FOUNDATION REPAIR

  • Foundation Repair Services, Inc.

  • Connecticut Basement Systems

  • Eric’s Concrete & Masonry Services Ltd.

  • Dwyer Companies

  • Supportworks, Inc.

  • SOS Foundation Repair

  • GROUNDWORK

  • MASTER SERVICE COMPANIES

  • RAM JACK SYSTEMS DISTRIBUTION

  • ADVANCED FOUNDATION REPAIR

  • BDRY

  • Maryland Building Industry Association

  • ARIZONA FOUNDATION SOLUTIONS

  • DFW FOUNDATION REPAIR SERVICES

  • ESOG.

Foundation Repair Services Market Reports - Table of Contents

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