openPR Logo
Press release

GCC Facility Management Market is Dominated by HVAC Maintenance Services

12-21-2022 07:47 AM CET | Energy & Environment

Press release from: P&S Intelligence

GCC Facility Management Market is Dominated by HVAC Maintenance

The Gulf Cooperation Council facility management market is a growing market and will reach a value of about $137,298 million by 2030. This is majorly credited to the increasing requirement for facility management services in residential and commercial buildings, civil infra projects, and industrial units.

The property category was the largest in the industry in the past. This was since of the growing requirement for property management services like HVAC maintenance and mechanical & electrical maintenance, at the afresh erected buildings in GCC nations.

Download sample pages of this report: https://www.psmarketresearch.com/market-analysis/gcc-facility-management-market/report-sample

HVAC maintenance services were the highest demanded in the past. This is majorly credited to the extreme weather conditions in GCC nations resulting in a high dependency of buildings on HVAC systems will fuel the requirement for their maintenance in the years to come.

The major trends in the GCC facility management market are the strict regulatory environment and monetary development. Most member nations have introduced strategic plans or visions for the expansion of sectors except energy, for strengthening their economies.

Moreover, the growing competition and high pressure since of the strict governing requirements are compelling companies for evaluating their way of directing business. For dealing the tight guidelines and high scrutiny, administrations are looking for ways for minimizing risks and accomplish their facilities competently.

Browse full report at: https://www.psmarketresearch.com/market-analysis/gcc-facility-management-market

For achieving this, they started engaging facility management companies able to deliver and manage these services and also bear the risks related with them.

It is due to the increasing construction activities in the GCC nations, the demand for GCC facility management services is on the rise.

Browse more reports:

Facility Management Market in Saudi Arabia - https://www.psmarketresearch.com/press-release/saudi-arabia-facility-management-market

Facility Management Market in Kuwait - https://www.psmarketresearch.com/press-release/kuwait-facility-management-market

Contact:
P&S Intelligence
Phone: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Blog: https://psintelligence.blogspot.com

About P&S Intelligence

P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release GCC Facility Management Market is Dominated by HVAC Maintenance Services here

News-ID: 2857711 • Views:

More Releases from P&S Intelligence

Neurology Had the Major Share in the AI-Based Medical imaging Market
Neurology Had the Major Share in the AI-Based Medical imaging Market
The AI-based medical imaging market will generate USD 11,921.4 million 2030, powering at a robust rate of 30.4% by the end of this decade. The key factors powering the industry include the increasing occurrence of chronic ailments, growing requirement for medical services for the elderly populace, and increasing research and development expenditure in the healthcare industry. Furthermore, the incessant progression in imaging tech and the increase in the
Remote Access Provided by Cloud Category Fuels Call Center AI Market
Remote Access Provided by Cloud Category Fuels Call Center AI Market
In 2021, the call center AI market generated sales worth $1,982.9 million, and it is expected to contribute $12,910.6 million in 2030, progressing at a rate of 23.1% from 2021 to 2030, ascribed to the growing up requirements for improved data analytics to manage customer inquiries with the real-time response to improve customer engagement through social media. In order to pace up the 4th industrial revolution, businesses across various industries
Growing Demand for CSM System Will Drive the Customer Engagement Solutions Market
Growing Demand for CSM System Will Drive the Customer Engagement Solutions Marke …
The total value of the customer engagement solutions market was $18,186.8 million in 2021, and it will rise at a growth rate of above 10% in the near future, to reach $43,398.9 million by 2030. The major reasons behind the growth of this industry are growing usage of such solutions in serval industries like healthcare, telecommunications, BFSI and FMCG. North America will grow the fastest with a rate of 10.5% in
Reduced Operational Cost of Energy Efficient Motors Propels Motion Control Market
Reduced Operational Cost of Energy Efficient Motors Propels Motion Control Marke …
The motion control market generated a revenue of $14,887.5 million in 2021, and it is expected to contribute $23,286.4 million in 2030, progressing at a rate of 5.1% from 2021 to 2030, ascribed to the rising demand for industrial robots and integration of components with the motion control systems for convenient use. Moreover, the evolving motion control standards and protocols propel the market, for example, the OPC UA TSN protocol controls

All 5 Releases


More Releases for GCC

GCC Contact Lens Market Size, Growth Opportunities, Statistics, Market Scope, Tr …
The GCC Contact Lens Market Report provides a thorough study of the competitive landscape, market participants, geographical regions, and application areas. In order to comprehend future demand and industry prognosis, the research includes a complete assessment of growth variables, market definitions, manufacturers, market potential, and influential trends. The research also contains a comprehensive analysis of the market, taking into account key growth-influencing elements. The study gives a detailed breakdown of important
GCC Connected Medical Devices Market Size, Growth Opportunities, Statistics, Mar …
The research report GCC Connected Medical Devices Market Analysis, 2027 published by MarkNtel Advisors is a comprehensive study of the industry's historical, current, & forecasted trends, prepared after rigorously analyzing aspects like growth drivers, restraints, opportunities, challenges, & demand scenarios in order to help stakeholders make informed decisions while investing in the Market, i.e., projected to witness around 20.19% CAGR during 2022-27. The report comprises detail-driven data associated with the current
GCC Digital Signage Market-(2017-2023)
Market Forecast By Components (Display Screens, Content Players and Software), By Display Screen Types (Single Screen, Video Wall or Multi Screen and Digital Signage Kiosk), By Display Screen Technologies (LED, OLED and QLED), By Display Screen Size (Below 40", 40"-55" and Above 55"), By End User Applications (Government & Transportation, Retail, Healthcare & Hospitality, Education, Entertainment, Banks & Financial Institutions and Commercial Offices & Buildings), By Countries (Saudi Arabia, Bahrain
Changing Dynamics of GCC Fertilizer Industry
Market Insights The changing dynamics of the GCC Fertilizers Market include rising population, falling commodity prices globally, and intense competition from abroad. In 2016, GCC fertilizer sales declined by 21%, to USD 5.2 billion. The same scenario was noted in 2015, wherein, the sales revenue dropped by 10%. The report provides a detailed analysis of the GCC fertilizer market, which is broadly segmented based on type and geography. Based on the type,
GCC Digital Signage Market (2017-2023)-6Wresearch
GCC Digital Signage Market (2017-2023): Market Forecast By Components (Display Screens, Content Players and Software), By Display Screen Types (Single Screen, Video Wall or Multi Screen and Digital Signage Kiosk), By Display Screen Technologies (LED, OLED and QLED), By Display Screen Size (Below 40”, 40”-55” and Above 55”), By End User Applications (Government & Transportation, Retail, Healthcare & Hospitality, Education, Entertainment, Banks & Financial Institutions and Commercial Offices & Buildings), By
GCC Renewable Energy Sector Opportunity Analysis
The world’s largest producer of oil and gas is finding it increasingly difficult to suffice its own needs. An unprecedented increase in population and growth in industrial and economic activity has triggered newfound interest in renewable energy development for six major Middle Eastern economies. Saudi Arabia, UAE, Kuwait, Qatar, Bahrain and Oman, together knows as the Gulf Cooperation Council, have turned their focus towards the exploitation of renewable sources of