DUBLIN--(BUSINESS WIRE)--The "UAE Facility Management Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)" report has been added to ResearchAndMarkets.com's offering.
The UAE Facility Management Market is expected to register a CAGR of 8.72% over the forecast period from 2021 to 2026.
The surging emphasis on green building practices is increasing the demand for facility management in the UAE. There is potential as Dubai was awarded the 'platinum rating' in the LEED (Leadership in Energy and Environmental Design) for Cities certification by the US Green Building Council in 2019.
The Middle East Facility Management Association (MEFMA) announced that it is holding the 9th edition of its MEFMA CONFEX in March 2019, where UAE hosted the most significant facilities management (FM) event in the region. The event highlights the local market's critical role in the continuous development of the regional FM community. Around 500 to 600 visitors from the private and government sectors joined the event to strengthen the FM community in the Middle East and make it globally competitive.
EFS Facilities Services Group, a UAE-based provider of integrated facilities management solutions, announced that it had achieved contract wins worth greater than USD 46.2 million in 2019. The company marked several accomplishments of flagship projects, such as large government entities in the UAE. Also, another UAE-based facility management provider, Emrill, has announced contract wins and renewals for 2019 of over USD 167 million, with an increase of over 23% compared to the previous year.
The company got multiple new contracts throughout 2018 and 2019, including Marina Gate, Dubai Hills, Dubai Creek Residences, and Downtown Dubai, where Emrill provides integrated facilities management to a diverse range of sectors residential, commercial, retail and hospitality. During the period, Emrill secured over USD 44 million in new project awards.
Complementing the United Nations Sustainable Development goals, in January 2020, Tafawuq Facilities Management has announced that it will offer FM support services to Al Noor Training Centre. The donated services include replacing old lights and light panels with new sustainable LED lights to improve lux levels and achieve a reduction in energy consumption that will ultimately help the environment and cut costs for Al Noor.
In July 2019, Tafawuq Facilities Management announced a boat's addition to its growing fleet of vehicles in Abu Dhabi. The launch of its first waterborne vehicle allows the company's operational teams to keep various locations on Reem Island free from debris, including the surrounding waterways and mangrove areas. The company recognizes that mangroves are some of the UAE's most sensitive natural habitats, being breeding grounds for fish, birds, and other organisms as well as acting as a carbon sink.
In March 2019, Tafawuq Facilities Management inaugurated the Tafawuq Facilities Management Training Center in UAE. The company is committed to continuously improving daily operations as well as service delivery in line with the group's Vision 2021 for business transformation; the training center will offer a range of courses to the company's operations staff covering key learning areas such as electrical, mechanical and plumbing training in accordance to the international standard SFG20; training on safe work practices in line with British Safety Council standards; training on cleaning techniques aligned to British Institute of Cleaning Science (BICS); training on local regulations related to facility management (FM) and customer service training. The courses and will be designed to enhance employees' skill sets through continuous learning.
According to business leaders at the Dubai Chamber of Commerce and Industry webinar, the COVID-19 pandemic is leading more businesses in the UAE to adopt sustainable building solutions as they reopen and return to 100% capacity.
Key players include Emcor Facilities Services WLL, Imdaad LLC, Enova Facilities Management Services LLC, etc.
Key Topics Covered:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Construction Boom Owing to the Growing Clout of Multinational Conglomerates
4.2.2 Increasing Emphasis on Green Building Practices
4.2.3 Growing Demand for Soft FM Practices
4.3 Market Challenges
4.3.1 Regulator & Legal Challenges
4.3.2 Growing Concentration of FM Vendors to Impact Margins
4.4 PESTLE Analysis - UAE
4.5 Industry Attractiveness - Porter's Five Forces Analysis
4.6 Base Indicator Analysis
4.6.1 Construction Activities in the UAE
4.6.2 Expansion of Key international FM services
4.6.3 Major contracts awarded in key cities
4.7 Impact of COVID-19 on the UAE FM Market
5 MARKET SEGMENTATION
5.1 FM Type
5.1.1 Hard
5.1.2 Soft
5.2 Type
5.2.1 In-house
5.2.2 Outsourced
5.2.2.1 Single
5.2.2.2 Bundled
5.2.2.3 Integrated FM
5.3 End-User Vertical
5.3.1 Commercial and Retail
5.3.2 Manufacturing and Industrial
5.3.3 Government, Infrastructure, and Public Entities
5.3.4 Institutional
5.3.5 Other End-User Verticals
5.4 Cities
5.4.1 Abu Dhabi
5.4.2 Dubai
6 COMPETITIVE LANDSCAPE
6.1 Vendor Positioning Analysis (Relative Positioning Of Key Vendors Based On Criteria, Such As Service Portfolio, Footprint, Presence, And Financials)
6.2 Company Profiles
6.2.1 Emcor Facilities Services WLL
6.2.2 Imdaad LLC
6.2.3 Enova Facilities Management Services LLC
6.2.4 Emrill Services LLC
6.2.5 Deeyar Facilities Management LLC
6.2.6 ServeU LLC
6.2.7 Marafeq Facilities Management LLC
6.2.8 Etisalat Facilities Management LLC
6.2.9 Farnek Services LLC
6.2.10 ENGIE Cofely Energy Services LLC
7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK
For more information about this report visit https://www.researchandmarkets.com/r/vy4ejm
