How Facility
Management Market Positioned in Indonesia?
Indonesia
Facility Management market is at the growing stage. The people
in the country do not usually outsource their facility management needs to FM
firms and fulfill their service demand through internal labor in the case of
soft services or by contacting the OEM of the equipment for servicing for hard
services. The customers in the market are highly price sensitive and lack
awareness about the importance of facility management services has resulted in
low penetration. The market has witnessed a growth during the review period,
increasing from USD ~ million in 2012 to USD ~ million in 2018(P), registering
a CAGR of ~% during this period. This growth was supported by the growth of
multinational companies, especially in the construction industry, along with
rising demand for industrial and residential spaces in the country. On the
other hand, market players catered to the needs of the clients for both hard
and soft services.
The
key drivers for the market are presence of multinational companies and
construction activities in cities such as Jakarta. The Integrated Facility
management market is relatively nascent stage in the country and its
penetration is low due to preference for single and bundled services by most
end users, especially local companies. Facility management services are used by
both local companies and MNCs in the country. However, the local companies
usually prefer Single or bundled services whereas the MNCs prefer integrated FM
services in Indonesia.
What is the
competition Scenerio in the Industry?
The facility management market in
Indonesia is highly concentrated with 5 major players in the market accounting
for almost ~% of the revenue share. ISS Facility Services Inc. is the biggest
player in the market, capturing a share of ~% by revenue in 2017. It started as
a cleaning services company but has recently ventured into the FM market. JLL
(Indonesia) Inc. was another major player, accounting for revenue market share
of ~% in 2017. It specializes in real estate facility management and investment
management. PT. SOS Indonesia accounted for market share of ~% by revenue in
2017. This was followed by Atalian Global Services, Spektra Solusindo and
others.
These market players compete in the FM market in
Indonesia on the basis of Price of services, quality and knowledge of services,
track record and past history within the industry and sectors serviced.
What is the future
outlook of Indonesia facility management market?
In
future, it is anticipated that Indonesia facility management market in terms of
revenue will increase from USD ~ million in the year 2018(P) to USD ~ million
in 2023E. The industry is estimated to grow at a CAGR of ~% during 2018(P) -
2023 owing to the growing construction industry in Indonesia which is expected
to boost the demand for both soft and hard services. The country’s economic
growth outlook remains positive. The Indonesia economy is projected to continue
on its expansionary path and grow at an annual rate of ~% from 2019 to 2021. Increasing
demand from multinational clients is likely to drive future demand for IFM
services in Indonesia with commercial office buildings and industrial plants
being the future penetration sectors for IFM services. Indonesia’s public
sector is the most important pillar of its fast-growing construction industry.
Key Segments Covered:-
By Soft Services and Hard Services
Soft
Services
Hard
Services
By Type of Services
Single
Services
Bundled
Services
Integrated
Facility Services
By End User Sectors
Industrial
sector
Commercial
sector
Residential
sector
Infrastructure
and others
Indonesia Soft Services Facility
Management Market is further Segmented
By Soft Services
Housekeeping
(including Cleaning)
Landscaping
Security
Others
Indonesia Hard Services Facility
Management Market is further Segmented
By Hard Services
Electromechanical
Services (including HVAC)
Operational
and Maintenance Services
Fire
Safety and Security Systems
Key Target Audience:-
Facility
Management Companies
3PL
Companies
Real
Estate Construction Companies
Hospitality
Sector
Time Period Captured in the Report:-
Historical Period: 2012-2018
Forecast Period: 2019-2023
Companies Covered:-
ISS
Facility Services Inc.
JLL
Inc.
Shield
on Services (SOS)
Atalian
Global Services
Spektra
Solusindo
Maple
Leaf Relocation and Facility Services
Colliers
Facility Management Services
Leads
Property Services Indonesia
For More Information on the market research report
please refers to below link:-
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Reports:-
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+91-9015378249
