Dublin, April 06, 2023 (GLOBE NEWSWIRE) -- The "Foundation Repair Service Global Market Report 2022: Ukraine-Russia War Impact" report has been added to ResearchAndMarkets.com's offering.
This reportprovides the strategists, marketers and senior management with the critical information they need to assess the global foundation repair service market.
The global foundation repair services market is expected to grow from $2.67 billion in 2021 to $2.81 billion in 2022 at a compound annual growth rate (CAGR) of 5.7%. The foundation repair services market is expected to grow to $3.52 billion in 2026 at a CAGR of 5.8%.
Major players in the foundation repair service market are Acculift Foundation Repair, Longview Foundation Repair, DFW Foundation Repair Services, Huntsville Foundation Repair, Windler Foundation Repair Systems, Advanced Foundation Repair, The Dwyer Company Inc, Grapevine Foundation Repair, Alfa Foundations, Kent Foundation Repair, Tyler Foundation Repair, Master Service Companies, Olshan Foundation Repair, Helitech, RAM JACK, Basic Foundation Repair, Longview Foundation Repair, BDRY, Siemens Healthineers AG, and Arizona Foundation Solutions
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Assessment of Russia - War Impact on agriculture, energy and mineral commodities supply and their direct and indirect impact on the market analyzed in the report.
- Impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- All data from the report will also be delivered in an excel format.
The foundation repair service market consists of sales of foundation repair services by entities (organizations, sole traders, and partnerships) that are used to repair and restructure the foundations of buildings experiencing cracks in concrete slabs and other basement walls. A foundation repair service is a repair that includes installing supports and repairs to the foundation that is damaged.
The main types of foundation repair services are settlement repair, wall repair, chimney repair, floor slab repair, and other repair types. Settlement repair is the process of restoring downward movement of the ground that is damaged by a load consolidating the soil below it or causing displacement of the soil. The various applications involved buildings, roads, pavements, tunnels, railways, dams, and other applications. The end users included residential and commercial.
Asia-Pacific was the largest region in the foundation repair service market in 2021. The regions covered in this foundation repair services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
The increasing number of residential and commercial buildings is expected to propel the growth of the foundation repair service market going forward. A residential building refers to a building that is used for residential purposes. A commercial building refers to any building which is used primarily for carrying out any business. The foundation repair service is used to repair damaged foundation flooring and other concrete structures for commercial or residential projects, among others.
For instance, in March 2022, according to Statistics Canada, a Canadian-based government agency, investment in residential buildings increased 4.1% to $14.1 billion in January 2022, marking a fourth straight month of growth.
Furthermore, in February 2021, according to the Alliance for an Energy-Efficient Economy, an India-based non-profit organization, commercial buildings make up almost 33% of the total developed space in the building industry, and they are projected to grow at a rate of 8-10% per year. Therefore, the increasing number of residential and commercial buildings is driving the growth of the foundation repair service market.
Technological innovation is a key trend gaining popularity in the foundation repair service market. Major companies operating in the foundation repair service market are focused on developing new technological solutions to strengthen their position.
The countries covered in the foundation repair services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 175 |
| Forecast Period | 2022 - 2026 |
| Estimated Market Value (USD) in 2022 | $2.81 billion |
| Forecasted Market Value (USD) by 2026 | $3.52 billion |
| Compound Annual Growth Rate | 5.8% |
| Regions Covered | Global |
Key Topics Covered:
1. Executive Summary
2. Foundation Repair Service Market Characteristics
3. Foundation Repair Service Market Trends And Strategies
4. Foundation Repair Service Market - Macro Economic Scenario
4.1. COVID-19 Impact On Foundation Repair Service Market
4.2. Ukraine-Russia War Impact On Foundation Repair Service Market
4.3. Impact Of High Inflation On Foundation Repair Service Market
5. Foundation Repair Service Market Size And Growth
5.1. Global Foundation Repair Service Historic Market, 2016-2021, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Foundation Repair Service Forecast Market, 2021-2026F, 2031F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Foundation Repair Service Market Segmentation
6.1. Global Foundation Repair Service Market, Segmentation By Repair Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- Settlement Repair
- Wall Repair
- Chimney Repair
- Floor Slab Repair
- Other Repair Types
6.2. Global Foundation Repair Service Market, Segmentation By Applications, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- Buildings
- Roads, Pavements, and Tunnels
- Railways
- Dams
- Other Applications
6.3. Global Foundation Repair Service Market, Segmentation By End User, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
- Residential
- Commercial
7. Foundation Repair Service Market Regional And Country Analysis
7.1. Global Foundation Repair Service Market, Split By Region, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
7.2. Global Foundation Repair Service Market, Split By Country, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
For more information about this report visit https://www.researchandmarkets.com/r/dqht8e
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