The report titled "UAE Facilities Management Market Outlook to 2021 - Growing Construction Industry and Increasing Mergers and Acquisitions to Foster Future Growth" provides a comprehensive analysis on the soft and hard facilities management market in UAE. The report covers various aspects including market overview, recent contracts in UAE facilities management market, value chain analysis, market Size, market Segmentation by Integrated Facilities Services, Bundled Services and Single Services, by in-house and outsourcing, Trends and Developments, SWOT Analysis, Vendor Selection Process, Competitive Landscape, Company Profiles of Major Players and Future Analysis along with list of major projects in pipeline.
Market Potential
The UAE facilities management market has surged from USD ~ million during 2011 to USD ~ million during 2016. Completion of major infrastructural projects including Al Reyadah Carbon-Capture Project by Abu Dhabi National Oil Company (Adnoc) and Masdar in 2016, Sheikh Rashid bin Saeed Crossing by Dubai Roads and Transport Authority (RTA) in 2015, Al Sufouh Tramway by Dubai Roads and Transport Authority (RTA) in 2014, Anantara Dubai The Palm Resort and Spa in 2013 and Dubai smile by Dubai Roads and Transport Authority (RTA) in 2012 fuelled the revenues of facilities management market between 2011 and 2016 at a robust CAGR of ~% during the same period. Growing tourism sector and the advent of latest techniques in various sectors further surged the demand for facilities services in the country, wherein market players earned significant revenues by catering to the needs of the population.
Market Segmentation
By Hard and Soft Services
Hard services dominated the overall facilities management market in the UAE in terms of revenues, contributing ~% to the market in 2016. Higher cost incurred by various sectors for hiring technically trained staff added to the overall market revenues, thereby making this segment acquire the majority share of the pie. Conversely, soft services which typically include cleaning, pest control, waste management, landscaping, security, reception services, concierge, valet services and archive management added ~% to the overall revenue generated by facilities management market in the UAE in 2016.
By Integrated Facilities Services, Single Services and Bundled Services
Integrated services which involve a combination of almost all types of facilities services constituted ~% in the overall market revenues in 2016 due to a large number of industries preferring one company to handle their entire facilities management business. Imparting single service at a limited cost restricts the earning capacity of the market player. Single services offered by facilities management companies contributed ~% to the overall revenues of the market in 2016. Bundled facilities services constituted the minimum share of ~% in the overall market revenues in 2016.
By Sectors
Retail & Commercial sector dominated the market share with ~% share in the overall revenues of the market in the Emirates in 2016. Integrated facilities solutions were the most demanded services by this segment during the same year. Market players generated significant revenues through both hard and soft services in the residential sector, thus contributing ~% to the overall pie of the market in 2016. Other sectors which include hospitality sector, public Infrastructure such as Airport, labor camps, oil & gas plants, energy plants, industrial plants and education institutes, schools, universities collectively contributed ~% to the overall facilities management market revenues in the UAE in 2016.
Competitive Landscape
The UAE facilities management market was dominated by Enova, which contributed ~% to the overall market revenues in 2016. By providing its services across all sectors including residential communities, industrial and commercial offices in the UAE, Emrill acquired a share ~% in the overall revenues generated by facilities management market in the country in 2016. G4S, EFS Facilities Services and OCS contributed ~%, ~% and ~% to the overall revenues of the facilities management services market in the UAE in 2016. Deyaar contributed ~ million revenues in 2016. Farnek contributed USD ~ million to the market revenues in the UAE in 2016.
Future Analysis and Projections
The revenues generated by facilities management market players in the UAE is projected to augment to USD ~ million by 2021, registering a CAGR of ~% during the period 2016-2021. Upcoming and planned developments in the country are further anticipated to fuel the growth of revenues of facilities services providers which offer adequate resources to meet the demands of all sectors across the UAE. Growing internet retailing in the country is further expected to increase the revenues earned by FM companies from hard services, thereby impacting the overall market in a positive manner.
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The hot and humid climatic conditions of the UAE is expected to drive the demand for HVAC services, making hard services increase their revenue to USD ~ million by 2021 from USD ~ million during 2016. Conversely, soft services are expected to generate USD ~ million revenues by 2021.
Integrated services are anticipated to dominate the market with a revenue share of ~% during 2021. The revenue from single services is projected to rise to USD 859.0 million during 2021 from USD ~ million during 2016 at a CAGR of ~% during the outlook period. Conversely, the least share in the pie of the market revenues of 2021 is expected to be contributed by bundled services due to absence of players in this service category.
Rising demand for real estate services in the Emirates is expected to make this segment lead the market during the outlook period, contributing ~% to the overall facilities management market revenues in 2021. Retail and commercial sector contributed USD ~ million to the market revenues in 2021. Conversely, government sector is projected to contribute the least share of ~% to the overall market revenues by 2021.
Key Topics Covered in the Report:
UAE Facilities Management Market Size By Revenue
Recent Project Launches which have Driven the Market
Market Segmentation - By Hard and Soft Services; By Integrated Facilities Services, Single Services and Bundled Services; By Outsourced Services and In-house Services; and By Sectors (Real Estate, Retail & Commercial, Government and Others)
Regulatory Landscape for the UAE Facilities Management Market
SWOT Analysis for the UAE Facilities Management Market
Trends and Developments in the UAE Facilities Management Market
Market Share of Facilities Management Market Players
Company Profiles of Major Facilities Management Market Players
Future Outlook for the UAE Facilities Management Market
Analyst Recommendation
Macro-Economic Factors Impacting the UAE Facilities Management Market
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UAE facilities management market Analysis
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Saudi Arabia Facilities Management Market Outlook to 2021
Qatar Facilities Management Market Outlook to 2021
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