Building Code Compliance Market Contributing Large Share
Building Code Compliance Market The global Building Code Compliance Market is estimated to be valued at US$ 8.16 Bn or Mn in 2023 and is expected to exhibit a CAGR of 8.8% over the forecast period 2023 - 2030, as highlighted in a new report published by Coherent Market Insights. Market Overview: Building code compliance refers to verifying that construction projects meet the requirements laid out in building codes. Building codes are developed to govern matters of health, safety, and welfare in the built environment. They establish minimum standards for design and construction, which are intended to result in buildings and structures that adequately protect building occupants and neighboring properties. Market key trends: One of the key trends in the building code compliance market is increased adoption of non-destructive testing methods. Non-destructive testing methods such as infrared thermography, digital radiography, ultrasonic testing, and eddy current testing help inspect bui...