Showing posts with label Facility Management Services Industry. Show all posts
Showing posts with label Facility Management Services Industry. Show all posts

Monday, October 22, 2018

Oman Facility Management Market is Expected to Reach over USD 800 Million in terms of Revenue by 2022: Ken Research


Oman Facility Management market segmentation by Types of Services (Single, Bundled and Integrated Services), By Sectors (Commercial, Hospitality, Residential, Industries and other sectors), By In house and Outsourcing services and By Hard and Soft Services Company Profile of Oman Facility Management: Renaissance Contract Services Group, Al Naba Services, Oman International Group, Osco Oman, Como Facility Management Services, Bahwan Engineering, Kalhat Group, EFS Trading,  General Electric and Trading Co and Qurum Business Group.

·         Industrial sector has given a boost to the commercial sector in Oman with various projects developing in this sector, having a positive impact on the Oman Facility Management market.
·         The new hospitals, medical centers and clinics in the pipeline due to Oman’s Health Vision are expected to create opportunities for hard FM services industry and increase the demand in the coming years.
·         Computer Aided Facility Management software provides facility management companies with administrative real time information which help them to track, manage, report and plan assets and facilities.

Analysts at Ken Research in their latest publication Oman Facility Management Market Outlook to 2022 – By Soft Services (Housekeeping, Landscape Access and Façade Access, Security, Others) and By Hard Services (HVAC, Electromechanical, Operational and Maintenance, Fire Safety and Security)believe that the commercial sector in Oman has been growing and is expected to augment further given the 9th Five Year Development plan and Vision 2020 of the country. The market is expected to register a positive CAGR of 6.9% in terms of revenue during the forecast period 2018-2022E. The market is further expected to be driven by the rising competition from new companies entering the market.

The facility management market in Oman is fragmented which provide immense opportunity to global and local players to tap this market with the aid of technology advancements and rising awareness among Omanis towards FM services. Enormous growth in construction, tourism and healthcare industries in the country will increase the demand for FM services. Additionally, the 9th Year Development plan (2016-2020) is expected to trigger the demand for FM services owing to the increase in infrastructure projects. Oman National Development Plan (2016-20) has put a special focus on manufacturing, mining and tourism sector. These sectors are expected to attract huge investment from both private as well as public sector. Out of these sectors manufacturing sector is estimated to attract highest capital, close to USD 6.7 billion from 2016 to 2020.

The hospitality industry in Oman has been growing during the review with the rise in hotels and hospitals in the country due to increasing inflow of expats. The supreme council for planning has formed a committee in Oman to develop comprehensive green design code for the country in adherence to GCC building code. The construction of such buildings has increased the demand for facility management in the country.

Keywords:-
Facility Management Market in Oman
Oman Facility Management Revenue
Facility Management Services Industry
Oman Facility Management Growth
Soft Facility Management Market Oman
Oman Housekeeping Market
Cleaning Services Market in Oman
Housekeeping Services Market Oman
Major Companies Oman Facility Management
Facility Management Market Middle East
Facility Management Market GCC
Middle East Facility Management Association
Major Players Operating in Oman Facility Management
Facility Management Future Oman

Key Segments Covered:-
Soft and Hard Facility Management: Soft Services, Hard Services
Soft Services: Housekeeping, Landscape Access, Security
Hard Services: HVAC, Electromechanical Services, Operations and Maintenance, Fire Safety and Security
Type of Service: Single, Bundled, Integrated
Outsourcing and In House services
Sectors: Industrial and Public Infrastructure, Retail, Commercial, Hospitality, Residential and Others
Key Target Audience:- Facility Management Companies, Contractors, Commercial Offices, Hotels and Hospitals, Associations
Time Period Captured in the Report:-
Historical Period - 2011-2017
Forecast Period - 2018-2022E
Companies Covered:- Renaissance Contract Services Group, Al Naba Services, Oman International Group, Osco Oman, Como Facility Management Service, Bahwan Engineering, Kalhat Group, EFS Trading, General Electric and Trading Company, Qurum Business Group

For more information on the research report, refer to below link:-

Related Reports:-
The report provides a comprehensive analysis of the facility management services in India. The report covers various aspects such as market size of India facility management market, segmentation on the basis of types of services, organized/unorganized, major cities, type of contracts, sectors of services provided and subsectors. The report also covers the market shares of major facility management companies in India as well as the revenues of major players in the facility management market along with future outlook, entry barriers and macro economic variables affecting the industry performance.

The report provides insight on hard and soft facility management market, growth drivers, trends and developments, competition and future analysis. The report also provides market share contributed by major service providers in Bahrain. The stakeholders of this report include Facility management service providers, companies involved in research, real estate and infrastructure developers in Bahrain and the new entrants and venture capitalists who wish to invest in Facility management market in future.

The report provides a comprehensive analysis on the facilities management market in Kuwait. The report covers various aspects such as overall size of Kuwait facilities management market size in terms of revenues, Market segmentation of Kuwait facilities management market on the basis of types of services, by integrated, bundled and single services, Business sectors, In-house & outsourcing, trends and growth drivers of the industry, issue & challenges, market share, and future analysis of the industry and segmentation, government regulatory. The report also covers the competitive landscape of the industry, list of upcoming infrastructure projects. The report serves as a benchmark for every new player which is seeking to enter into facilities management market in Kuwait.

Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249

Wednesday, October 3, 2018

Oman Facility Management Market Outlook to 2022: Ken Research

The report titled “Oman Facility Management Market Outlook to 2022 – By Soft Services (Housekeeping, Landscape Access and Façade Access, Security, Others) and By Hard Services (HVAC, Electromechanical, Operational and Maintenance, Fire Safety and Security)” provides a comprehensive analysis of Facility Management in Oman. The report focuses on overall market size, market segmentation by Types of Services (Single, Bundled and Integrated Services), by Sectors (Commercial, Hospitality, Residential, Industries and other sectors), by In house and Outsourcing services and by Hard and Soft Services. The report also covers the overall trends and developments, Vendor selection process and Competitive landscape. The report concludes with market projections for future for the market described above highlighting the major opportunities and cautions for Oman Facility Management.

Oman Facility Management Market Overview and Size
The Facility Management (“FM”) market in Oman has witnessed robust growth during the review period; however, the market is still in its growth stage. The market is highly fragmented with large number of players operating within the FM industry. The FM market in the past was dominated by soft services but technological advancement and increasing need for building maintenance has resulted in rising demand for hard services. The major growth drivers for the industry include the booming real estate market, growing construction industry, increasing number of shopping malls and supermarkets, expanding hospitality sector and focus on Green Buildings aligned to Vision 2030; creating opportunities for FM services in the country.

Increase in project activity centered on tourism and the commercial sector have raised the demand for soft and hard services in the country, leading to a positive impact on the facility management market. Rising inflow of foreign expatriates has also positively impacted the growth of the industry.

Oman Facility Management Market Segmentation
By Soft and Hard Services
The facility management market can be categorized on the basis of services offered i.e. hard services and soft services. Soft services dominated the facility management market in Oman with a higher revenue share during 2017. The development of various sectors including real estate, hospitality, healthcare and tourism (owing to Vision 2020) has amplified the demand for soft services in the country. Conversely, hard services accounted for the remaining revenue share of facility management market revenue in Oman during 2017.

By Single Service, Bundled Services and Integrated Services
Facility management market is also segmented on the basis of single service, bundled services and integrated services. Single service has contributed the highest share to the revenues of the industry during 2017. There are few players operating in the industry with specialized expertise in single service and has been the primary force driving customers to purchase single FM service. Bundled services are the second largest contributor to the revenues of the industry during 2017.

By Sectors
Commercial sector contributed the highest revenue share to the overall facility management industry. FM companies have been providing soft and hard services to commercial complexes over the years and the growth in this sector has created large potential for FM companies. Hospitality sector added their fair share in the revenues of the FM industry. Conversely, the residential sector accounted for the least revenue share of the FM market in terms of revenue in 2017. Other sectors include Industrial plants, airports, infrastructure projects and others sectors together contributed to the overall facility management market in 2017.

Competitive Landscape in Oman Facility Management Market
The market dynamics has changed in terms of number of players as domestic and international players have been entering the FM industry. With major MNCs entering this market, competition has further streamlined in recent years. Major FM companies in the country include Renaissance CSG, OIG, Como Facility Management, QBG and EFS. Companies are competing on the basis of price and quality. Renaissance CSG competes in the market on the basis of value innovation and various supplementary services it provides to their customer. OIG differentiates itself from other companies by using environment friendly and safe products. Como has a huge service portfolio which gives it a competitive edge over other companies. QBG is a customer centric company that provides personalized services to its customers while EFS follows an employee centric approach

Oman Facility Management Market Future Outlook and Projections
As the facility management market in Oman is fragmented, it will provide immense opportunity to global and local players to tap this market with the aid of technology advancements and rising awareness among Omanis towards FM services. Enormous growth in construction, tourism and healthcare industries in the country will increase the demand for FM services. Additionally, the 9th Year Development plan (2016-2020) is expected to trigger the demand for FM services owing to the increase in infrastructure projects.

Key Segments Covered
Soft and Hard Facility Management
·         Soft Services
·         Hard Services

Soft Services
·         Housekeeping
·         Landscape Access
·         Security

Hard Services
·         HVAC
·         Electromechanical Services
·         Operations and Maintenance
·         Fire Safety and Security

Type of Service
·         Single
·         Bundled
·         Integrated

Outsourcing and In House services
Sectors
·         Industrial and Public Infrastructure
·         Retail
·         Commercial
·         Hospitality
·         Residential and Others

Key Target Audience
·         Facility Management Companies
·         Contractors
·         Commercial Offices
·         Hotels and Hospitals
·         Associations

Time Period Captured in the Report:
·         Historical Period - 2011-2017
·         Forecast Period - 2018-2022E

Companies Covered:
·         Renaissance Contract Services Group
·         Al Naba Services
·         Oman International Group
·         Osco Oman
·         Como Facility Management Service
·         Bahwan Engineering
·         Kalhat Group
·         EFS Trading
·         General Electric and Trading Company
·         Qurum Business Group

Key Topics Covered in the Report
·         Executive Summary
·         Research Methodology
·         Oman Facility Management Market Introduction
·         Value Chain Analysis for Oman Facility Management Market
·         Oman Facility Management  Market Size by Revenue, 2011-2017
·         Oman Facility Management  Market Segmentation, 2011-2017
·         Trends and Developments in Oman Facility Management  Market
·         SWOT Analysis for Oman Facility Management Market
·         Vendor Selection Process for Oman Facility Management Market
·         Competitive Landscape for Oman Facility Management  Market
·         Oman Facility Management  Market Future Outlook and Projections, 2018-2022
·         Analyst Recommendations in Oman Facility Management  Market
·         Macro Economics Factors Impact Oman Facility Management Market

For more information on the research report, refer to below link:

Related Reports



Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249