Press release
Facilities Management Market: Analysis of Key Players Research Forecasts to 2025
Facility management is a professional management discipline focused upon the efficient and effective delivery of support services for the organizations that it serves.
Demand for reduced operational costs is driving the growth of the facilities management market worldwide, as is the increasing adoption of outsourced services by industrial applications. Delivery systems such as bundled facility management services and total facilities management services are adopted by companies to reduce costs and maintain centralized control through a complete service cycle. Adoption of facilities management services is expected to grow in the near term due to increasing awareness of facilities management services, and increasing cross-border presence of facility management service providers. Thus, cross-border mergers and acquisitions along with increased customer network and regional coverage can be foreseen as significant market opportunities for facilities management service providers. Economic pressure on companies is increasing due to operation and maintenance costs. In addition, companies strive to achieve reduction of capital expenditure and increased investments in core services which help drive demand for facilities management services. The increasing use of renewable energy sources to reduce the emission of greenhouse gases in manufacturing, corporate, and residential industries are driving the adoption of facilities management services across the world. As a result of the large-scale adoption of outsourced services, the facilities management market is expected to see flourishing growth.
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In 2018, the global Facilities Management market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Facilities Management status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Facilities Management development in United States, Europe and China.
The key players covered in this study
Bilfinger HSG Facility Management GmbH
Cofely
Compass Group PLC
Cresa, LLC
Ecolab USA Inc.
GDI Integrated Facility Services
G4S plc.
Mitie Group PLC
Sodexo, Inc.
ISS World Services
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Market segment by Type, the product can be split into
Plumbing, Air Conditioning Maintenance
Fire Protection Systems
Mechanical and Electrical Maintenance
Cleaning and Pest Control
Laundry
Market segment by Application, split into
Corporate
Government and Public
Healthcare
Manufacturing
Residential and Educational
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Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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