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U.A.E. Facility Management Market Drivers: Increasing Investments in the Construction Sector and Growth of Tourism, 2018-2024 – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The “U.A.E. Facility Management Market Research Report: By Service, End User, Mode, Type – Industry Analysis and Forecast to 2024” report has been added to ResearchAndMarkets.com’s offering.

Witnessing a 9.8% CAGR during the forecast period, the U.A.E. facility management market is expected to generate $23,882.3 million revenue by 2024.

The major drivers for the market are the increasing investments in the construction sector and the growing tourism industry of the country. To ensure the functionality of built structures, such as residential buildings, railway stations, and office premises, professional services covering multiple disciplines, are used, which are referred to as facility management services.

In 2018, the largest end user in the U.A.E. facility management market was the commercial sector, which generated more than 35.0% of the total revenue. Due to the increasing awareness among consumers about optimizing commercial building management expenditure, the commercial sector is generating a high demand for these services. Furthermore, during the forecast period, the fastest growth in the market is projected to be witnessed by the commercial category.

The categories of the U.A.E. facility management market, based on service, are security, property, environment management, cleaning, support, catering, and others. The property management category, which accounted for over 25.0% market share, was the largest service area in the U.A.E. during the historical period.

The benefits offered by property services, such as the optimization of individual service components, synchronization of various property-related services, and improvement in the management of properties, are aiding in the growing demand for these services in the country. This, in turn, is aiding in the growth of the U.A.E. facility management market.

The U.A.E. facility management market is bifurcated into outsourced and in-house services, based on mode of service. In 2018, the in-house category held the larger share between the two, of more than 50.0%. This can be credited to the high adoption rate, comparatively lower pricing, and long-standing presence of in-house services.

To offer a once-in-a lifetime experience to visitors, the U.A.E. government is working toward redefining the tourist attractions in the country. Dubai Creek Harbor, Bluewaters Island, and Dubai Water Canal are some major projects which are being developed. The majority of these projects are expected to be completed before 2020, as the nation will host Dubai Expo that year. The U.A.E. facility management market is set to experience a massive boom in its growth, as these mega projects and events would create a huge demand for such services.

Key Topics Covered:

Chapter 1. Research Background

1.1 Research Objectives

1.2 Market Definition

1.3 Research Scope

1.3.1 Market Segmentation by Service

1.3.2 Market Segmentation by End User

1.3.3 Market Segmentation by Mode

1.3.4 Market Segmentation by Type

1.3.5 Analysis Period

1.3.6 Market Data Reporting Unit

1.3.6.1 Value

1.4 Key Stakeholders

Chapter 2. Research Methodology

2.1 Secondary Research

2.2 Primary Research

2.2.1 Breakdown of Primary Research Respondents

2.2.1.1 By industry participant

2.2.1.2 By company type

2.3 Market Size Estimation

2.4 Data Triangulation

2.5 Assumptions for the Study

Chapter 3. Executive Summary

Chapter 4. Introduction

4.1 Definition of Market Segments

4.1.1 By Service

4.1.1.1 Property

4.1.1.1.1 HVAC maintenance

4.1.1.1.2 Mechanical and electrical maintenance

4.1.1.1.3 Others

4.1.1.2 Cleaning

4.1.1.3 Security

4.1.1.4 Catering

4.1.1.5 Support

4.1.1.6 Environment management

4.1.1.7 Others

4.1.2 By End User

4.1.2.1 Commercial

4.1.2.2 Residential

4.1.2.3 Industrial

4.1.3 By Mode

4.1.3.1 In-house

4.1.3.2 Outsourced

4.1.3.2.1 Integrated

4.1.3.2.2 Bundled

4.1.3.2.3 Single

4.1.4 By Type

4.1.4.1 Hard

4.1.4.2 Soft

4.1.4.3 Others

4.2 Market Dynamics

4.2.1 Trends

4.2.1.1 Growing focus on facility management services

4.2.1.2 Increasing popularity of integrated facility management services

4.2.2 Drivers

4.2.2.1 Growing tourism industry

4.2.2.2 Increasing investment in the construction sector

4.2.2.3 Impact analysis of drivers on market forecast

4.2.3 Restraints

4.2.3.1 Inflationary pressure on the facility management service industry

4.2.3.2 Workforce management

4.2.3.3 Impact analysis of restraints on market forecast

4.2.4 Opportunities

4.2.4.1 Upcoming major projects and events in the country

4.3 Porter’s Five Forces Analysis

4.3.1 Bargaining Power of Buyers

4.3.2 Bargaining Power of Suppliers

4.3.3 Intensity of Rivalry

4.3.4 Threat of New Entrants

4.3.5 Threat of Substitutes

Chapter 5. U.A.E. Market Size and Forecast

5.1 By Service

5.1.1 Property Services Market, by Type

5.2 By End User

5.3 By Mode

5.3.1 Outsourced Services Market, by Type

5.4 By Type

Chapter 6. U.A.E. Facility Management End-User Capacity Analysis

6.1 Commercial End User, by Capacity

6.1.1 Office Capacity

6.1.2 Retail Capacity

6.1.3 Hotel Capacity

6.2 Residential End User, by Capacity

6.3 Industrial End User, by Capacity

Chapter 7. U.A.E. Facility Management Workforce Analysis

7.1 Workforce Analysis, by End User

7.2 Workforce Analysis, by Mode

Chapter 8. Competitive Landscape

8.1 Competitive Analysis of Key Players

8.2 Key Players and Their Offerings

8.3 Strategic Developments of Key Players

8.3.1 Mergers and Acquisitions

8.3.2 Geographic Expansions

8.3.3 Partnerships

8.3.4 Client Wins

Chapter 9. Company Profiles

9.1 Emrill Services LLC

9.1.1 Business Overview

9.1.2 Product and Service Offerings

9.2 Imdaad LLC

9.3 Farnek Services LLC

9.4 Cofely Besix Facility Management

9.5 Al Shirawi Facilities Management LLC

9.6 Etisalat Facilities Management LLC

9.7 Transguard Group LLC

9.7.3 Key Financial Summary

9.8 Blue Diamond Facilities Management LLC

9.9 Reliance Facilities Management

9.10 Deyaar Development PJSC

9.10.3 Key Financial Summary

9.11 List of Other Market Players

For more information about this report visit https://www.researchandmarkets.com/r/p31x0d

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Related Topics: Facilities Management

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