Share
U.A.E. Facility Management Market: Market Segments: By Service (Property[HVAC Maintenance, Mechanical & Electrical Maintenance], Cleaning, Security, Catering, Support, Environmental Management and Other Services);ByEnd User (Commercial, Residential&Industrial)By Mode (In-House&Outsourced[Integrated, Bundled, Single]); By Type (Hard, Soft and Others); and Region - Analysis of Market Size, Share & Trends for 2014 - 2019 and Forecasts to 2030
Facility Management has become one of the influential sectors yearnings for maximum recognition for so many years. The development began about a few decades ago when end-users considered the option of outsourcing the operation, maintenance, and other non-core activities related to the facility to a professional company that formed a new industry called FM. Today, FM has grown as a consumer delight by using advanced technology and modular building models to accommodate various needs, giving way to managing facilities. FM Services are classified into two main types: Hard Services: Electrical, Mechanical, Plumbing, HVAC, Fire Safety, and other systems/solutions related to construction maintenance. Cleaning, Security/Staffed Guards, Landscaping, Waste Collections, Pest Control, Rope Entry, Catering, and other related services are included.
U.A.E. Facility Management Market to surpass USD 28.36 million by 2030 from USD 11.69 million in 2018 at a CAGR of 8.4% throughout the forecast period, i.e. 2019-30. One of the main factors driving demand growth can be attributed to the country's booming commercial sector and the rising number of residential projects. As the country's commercial hubs, Dubai and Abu Dhabi are seeing growth in the real estate market, which further increases the demand for facility management across the country.
U.A.E. Facility Management Market is segmented by service property services (heating, ventilation, and air conditioning (HVAC) maintenance; mechanical and electrical maintenance; and others), cleaning services, security services, catering services, support services, environmental management services, and other services. Property services segment accounted for the larger market share in 2019 Ascribed to the growing consumer need for property management integrated services. In its construction industry, the country is experiencing massive growth, particularly in Dubai and Abu Dhabi, which is creating a huge demand for property management services. This, in turn, is a growth driver for the demand for facility management in the U.A.E.
U.A.E. Facility Management Market is segmented by mode into in-house and outsourced (integrated, bundled, and single). Based on mode, the greater market share was accounted for by the in-house segment due to the high acceptance rate. In-house services have witnessed a higher preference in the country in the past few years, owing to the convenience they provide to users. Facility management services are increasingly outsourced to integrated service providers with a large number of industrial and manufacturing facilities that want to preserve their emphasis on core operations, and provide a broad range of services that are intended to support the growth of the U.A.E. facility management market.
U.A.E. Facility Management Market is segmented by end-User into commercial, industrial, and residential. Based on end-user, the greater market share was accounted for commercial segment due to its economic diversification plan and the strong government support. Facility management services allow commercial operators to concentrate on their core competencies, so the outsourcing of such services in the commercial sector is highly preferred. Additionally, the U.A.E. facility management market is expected to see profound growth in this category in the coming years with investments in the country's commercial segment of the FM Market.
Growing investments in the country's infrastructure and real estate sector, along with strong government support are supposed to grow the country's economy which is anticipated to increase the demand for the construction industry. The need for facility management services in the area is motivated by strong government support, along with increasing investment in the sector. The U.A.E. government is concentrating heavily on reducing its dependency on the oil & gas industry, thereby supporting the sectors of tourism and construction. In addition, it is expected that the advent of emerging technology would support the U.A.E. facility management industry.
One of the major contributors to the economy of the country is the tourism sector. With the growth of the tourism sector in recent years, there has been a surge in the need for services to maintain facilities, provide security, catering, and many other facilities. In addition, due to the need for security services, disinfection services, safety services, and environmental management services in commercial complexes, tourist attractions, and hotels, the market holds a high growth potential. These factors are expected during the forecast period to drive the growth of the U.A.E facility management industry.
Inflationary pressure on the facility management services industry and personnel management are key factors hindering the growth of the U.A.E. facility management market. In addition, many businesses are re-focusing on cost-cutting actions, which often pose additional challenges in upholding the ethics of service quality.
EMCOR Group Inc
By Service:
Select License Type
Select License Type
FATPOS CLIENT Appriciation DURING THE PROJECT
Working with Fatpos Global, allowed us to take advantage of their knowledge and easy approach, allowing us to collect important data utilizing a variety of techniques. The results were clearly presented and explained, and FG responded to our questions with speed and expertise.
|
Swiss-based global building materials manufacturer |
The analyses and presentations Fatpos Global have produced for us have been of a very high caliber and have allowed us to proactively improve our customer relationship management. They have also done so while maintaining complete anonymity. Without any doubt, we suggest Fatpos Global to you.
|
|
Tech-powered construction company |
We appreciate the team’s punctuality, flexibility in terms of report modification, post report purchase support and pleasant reaction all around. Overall, my experience with this company was nothing but positive, and I couldn't be more grateful for their excellent service. Thank you for all that you do!
|
|
American global management consulting firm |
We are able to concentrate on the topics and implications that are most important to our clients thanks to the adaptability and responsiveness of the team at Fatpos Global. We would highly recommend this company to anyone in need of their services, and I will certainly be using them again in the future.
|
|
Headquartered in Zug, Switzerland, leading supplier of medical and surgical instrument |
To better study our client demographics, develop the ideal product-price architecture, and enhance our target marketing initiatives, we hired Fatpos Global. Every component of the project was completed, and we are very happy with the useful insights and actionable results.
|
|
Kosovan company, A leading organic fertilizers producer |
Thank you for your team's generous assistance, The final report was delivered to me, and I find it to be really helpful. Also, you may be sure that I will get in touch with you if I ever require fresh materials for market research. Gratitude once more.
|
|
German specialty chemicals company based in Cologne, Germany |
