The
report titled “Australia
Facility Management Market Outlook to 2023 - By Single, Bundled And Integrated
Services, By Soft (Cleaning, Security and Other Services) and Hard Services (Electromechanical,
Operations and Maintenance, Fire And Safety), By End User Sectors” provides
a comprehensive analysis on the Facility Management Industry of Australia. The
report covers various aspects including introduction on Australia Facility
Management market, business acquisition process vendor selection process,
trends and developments, issues and challenges, SWOT analysis, competitive
landscape and government regulations. The report concludes with market
projection and analyst recommendations highlighting the major opportunities and
cautions.
Market Overview
Australia
Facility Management market is at a matured stage. Australia Facility Management
market in terms of revenue has increased at a positive CAGR during the period FY’2013-FY’2018.
This growth was supported by public
sector outsourcing, cost control measures, greater demand from many end user
sectors, adoption of sustainable practices and technological advances, along
with rising demand for commercial and residential spaces in the country,
wherein market players catered to the needs of the clients for both hard and
soft services. The customers in the market are highly price sensitive.
The
Integrated Facility management market is relatively at a growing stage in the
country and its popularity is increasing due to greater outsourcing of services
and an aim to achieve cost and operational efficiency, for both clients and
vendors. Facility management services are used by both local companies and MNCs
in the country. However, the local companies usually prefer single or bundled
services due to their small scale of operations whereas the MNCs prefer integrated
facility management (IFM) services in Australia.
By Soft Services and Hard Services: Soft services dominated the market of facility management in Australia
in terms of generating revenue in FY’2018. The development in sectors such as
real estate, greater demand for retail & commercial spaces, higher ageing
population and an increase in commercial activities has amplified the demand
for soft services in the country owing to rise in need for cleaning and
security services.
By Type of Services: Bundled
services contributed a major share in terms of generating revenues for the
industry in FY’2018. Bundled services are largely demanded by retail and
commercial private sectors. This was followed by Single and integrated
services.
By End User Sectors: Commercial
sector contributed the highest revenue share in the overall facility management
industry in Australia in the FY’2018. This was followed by the residential
sector, retail, industrial, infrastructure and other sectors respectively. Infrastructure
sector was largely driven by government expenditure on maintaining and
developing roadways, rails and airports.
By Personnel Type: The
facility management market in Australia in FY’2018 was dominated by services
which were outsourced to the other companies in the market. It accounted more
than half share in total revenue in the FM market, the remaining share
accounted by in-house personnel.
By Soft Services (Housekeeping, Security,
Landscaping and others): Cleaning services was
the largest contributor to the soft services industry in FY’2018 followed by
Security Services and other soft services including property services, mail
delivery services and other services. Growth in residential, commercial and
retail spaces had spiked the demand for cleaning services in the country.
By Hard Services (Electromechanical services, Operations and
Maintenance Services, Fire Safety and Security Systems): Electromechanical services (including HVAC) have dominated
the hard services market in Australia followed by operational and maintenance
services and fire safety and security systems during FY’2018 in terms of
revenue. Electromechanical services had the highest share resulting from implementation
of better technology and a greater focus on indoor thermal comfort by improving
air movement mechanisms in air conditioned and naturally ventilated buildings.
Competitive Landscape
The Australian
Facility Management services market is highly fragmented. Spotless Group is the
market leader and has the highest market share in the Facility Management
market in Australia on the basis of revenue in FY’2018. This was followed by Programmed
Maintenance, Serco, Broadspectrum, ISS Australia and others. These market
players compete in the FM market in Australia on the basis of price of
services, quality and knowledge of services, track record and past history
within the industry and sectors serviced, skilled workforce, and established
client relationships.
In future, it is anticipated that Australia facility management market in terms of
revenue will increase at a positive CAGR during the period FY’2018 – FY’2023. In
Australia, it is expected that the demand for both soft and hard services will
be further augmented largely due to growth in the Government outsourcing
through Public Private Partnerships (PPP). Moreover, increasing demand from
multinational clients is likely to drive future demand for Integrated Facility
Management (IFM) services in Australia with
commercial office buildings and infrastructure sector being the future
penetration sectors for IFM services. The growth in supply/ new projects
pipeline in Residential, retail, commercial and infrastructure sectors in the
country will further increase the demand of FM services.
Key Segments Covered:-
By Soft Services and Hard Services
Soft Services
Cleaning
services
Security
Services
Others
Hard Services
Electromechanical Services (including HVAC)
Operational and Maintenance Services
Fire Safety and Security Systems
By Type of Services
Single
Services
Bundled
Services
Integrated
Facility Services
By End User Sectors
Commercial
sector
Residential
sector
Retail
Sector
Industrial
sector
Hospital
Sector
Infrastructure
and others
Key Target Audience:-
Facility
Management Companies
Real
Estate Construction Companies
Hospitality
Sector
Time Period Captured in the Report:-
Historical Period: 2013-2018
Forecast Period: 2018-2023
Companies Covered:-
Spotless
Group
Programmed
Maintenance
Serco
Broadspectrum
ISS
Australia
Sodexo
BGIS
JLL Inc.
GJK
Fresh
Start Australia
Key Topics Covered in the Report:-
Executive
Summary
Research
Methodology
Introduction
on Australia Facility Management Market
Australia
Facility Management Market Size by Revenue (FY’2013-FY’2018)
Australia
Facility Management Market Segmentation
Australia
Facility Management Market Segmentation by Soft and Hard Services
Australia
Facility Management Market by type of services (Single Services, Bundled
Services and Integrated Services)
Australia
Facility Management Market by End User Sectors
Australia
Facility Management Market by Personnel Type
Trends
and Developments in the Facility Management Market
Issues
and Challenges in the Facility Management Market
Government
Regulations in Australia Facility Management Market
SWOT
Analysis of Australia Facility Management Market
Competitive
Scenario in Australia Facility Management Market
Shares
and Company Profiles of Major Players in the Market
Vendor
Selection Process in Australia Facility Management Market
Australia
Facility Management Market Future Outlook and Projections (FY’2018-FY’2023)
Analyst
Recommendations in Australia Facility Management Market
For more information, refer to below link:-
Related
Reports:-
Contact Us:-
Ken Research
Ankur Gupta, Head Marketing & Communications
Sales@kenresearch.com
+91-9015378249
