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GCC Facility Management Market Size, Status and Future Outlook 2026 | Emcor Facilities Services WLL, Al Faisal Holdings (MMG Qatar), Sodexo Qatar Services, Al-Asmakh Facilities Management

02-08-2022 12:15 PM CET | Associations & Organizations

Press release from: Market Insights Reports

The GCC Facility Management market is a comprehensive market research report which provides market analysis with a historical & futuristic perspective for the following parameters; market size, revenue, demand, and supply data (as applicable). The report offers a detailed market analysis to provide a detailed research study on the global GCC Facility Management market. Some of the tools used for this are SWOT, PESTEL, and Porter's 5-forces analysis frameworks. The report includes detailed information on the key trends, market drivers, challenges, regulatory landscape, deployment models, opportunities, future roadmaps, value chains, player profiles, and strategies. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for GCC Facility Management from 2021 till 2026.

The GCC Facility Management Market region is expected to reach a CAGR of 13.5% over the forecast period (2021-2026)

Top leading Manufacturers Profiled in GCC Facility Management Market Report are: Emcor Facilities Services WLL, Al Faisal Holdings (MMG Qatar), Sodexo Qatar Services, Al-Asmakh Facilities Management, G4S Qatar SPC, Facilities Management & Maintenance Company LLC, Cofely Besix Facility Management, Como Facility Management Services

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news and Updates

The GCC facility management market is fragmented due to the presence of regional as well as international players. These major players have adopted various growth strategies, such as mergers and acquisitions, new product launches, expansions, joint ventures, partnerships, and others to strengthen their position in this market.

October 2019 - the EFS Facilities Services Group marked accomplishments of flagship projects from large government entities in UAE and Saudi Arabia. The Company has maintained superior performance in its global operations with further expansion into Bangladesh for providing FM services to multinational banking projects concluding a total award of over AED 170 million in contracts.?

Market Overview

- According to the country's Ministry of Finance, QAR 33.0 billion has been allocated for infrastructure projects, which is approximately 16.0% of the total expenditure planned in 2019. The infrastructure sector, with this budget allocation, covers the road, water, electricity, and sewerage networks, along with other public facilities.

- Furthermore, in an effort to enhance the capabilities of airports and offer the best aviation and cargo services, the government allocated 7.9% of the total expenditure in 2019, which covers the Rail Project, Doha Metro, and Hamad International Airport (expansion).

- The covid-19 pandemic has caused lockdown in various regions including GCC across the world. The pandemic has put public sector in crisis, enforcing governments to take quick decisions and implement drastic measures to protect community from risk. Due to this concentration shift, the region might face delays in political as well as business activities. Infrastructural projects are at halt, unavailability of labor, changes to the terms of an M&A transaction currently in progress, and deals could be delayed as a result. Additionally other end users such as manufacturing, commercial and retail sectors are also running at their minimal efficiencies. All the above factors will have a negative impact on the facility management market in GCC in short-medium term. In order to survive through this time, the facility management vendors are running at a higher operating cost despite the losses, due to the increased emphasis on hygiene.

Regional Analysis for GCC Facility Management Market:

For a comprehensive understanding of market dynamics, the global GCC Facility Management market is analyzed across key geographies namely the United States, Europe, China, Japan, Southeast Asia, India, Central & South America. Each of these regions is analyzed based on market findings across major countries in these regions for a macro-level understanding of the market.

Market segment by Type, covers
Energy Management
Infrastructure Management
Property Management
Security

Market segment by Application, can be divided into
Healthcare
Hotel Industry
Administration
Food Industry
Retailing
Education
Transport & Logistics

Avail Discount at-

https://www.marketinsightsreports.com/reports/05202907133/gcc-facility-management-market-growth-trends-covid-19-impact-and-forecasts-2021-2026/discount?Mode=S21

What is the Impact of Covid-19 Outbreak on the GCC Facility Management?

- Optimistic Scenario: COVID-19 is contained by May or June, With Normalcy returning to global operations through the End of Q2.
- Conservative Scenario: COVID-19 Remains Prevalent, with Continued Impacts Lasting into Q4.
- Estimated Impact of the Coronavirus (COVID-19) Epidemic on the Global GCC Facility Management.
- GCC Facility Management Market Size in 2021
- Corporate Strategy the Manufacturers Should Be Thinking About Right Now.

Frequently Asked Questions about the GCC Facility Management market:

- What are the recent developments and government policies?
- What are the top trends in the GCC Facility Management market?
- What is the growth rate of the market?
- Which Is the Most potential market segment?
- Which are the top industry players in the GCC Facility Management market?
- Which region would offer high growth for vendors in the market?

Purchase this Report at-

https://www.marketinsightsreports.com/report/purchase/05202907133?mode=su?Mode=S21

The research includes historic data from 2015 to 2021 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.

We Offer Customization On Report Based On Specific Client Requirement:
– Free country Level analysis for any 5 countries of your choice.
– Free Competitive analysis of any 5 key market players.
– Free 40 analyst hours to cover any other data point.

Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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