U.A.E. Facility Management Market Share Surge to New Values for Forecast Year 2019-2030

Facility Management has become oe 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 million by 2030 from USD million in 2018 at a CAGR 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.

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U.A.E. Facility Management Market: Key Players

  • EMCOR Group Inc
  • EMCOR Group Inc
  • Imdaad LLC
  • Farnek Services LLC
  • EFS Facilities Management Services
  • Transguard Group LLC
  • Khidmah LLC
  • Etisalat Facilities Management LLC
  • COFFEY BESIX Facility Management
  • Al Shirawi Facilities Management LLC
  • Interserve
  • Enova Facility Management Services LLC
  • Idama Facilities Management Solutions
  • Deyaar
  • MAB Facilities Management LLC
  • Eltizam Asset Management Group

U.A.E. Facility Management Market: Segments

Property Services Segment to grow with the highest CAGR during 2019-30

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.

In-House segment to grow with the highest CAGR during 2019-30

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

Commercial segment to grow with the highest CAGR during 2019-30

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.

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U.A.E. Facility Management Market: Market Dynamics

Drivers

Increasing construction activities in the country

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.

Growing tourism 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.

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Restraints

Hindrance in Workforce management

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.

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