UK markets closed
  • FTSE 100

    7,260.10
    +51.29 (+0.71%)
     
  • FTSE 250

    19,322.67
    +198.96 (+1.04%)
     
  • AIM

    903.46
    +7.19 (+0.80%)
     
  • GBP/EUR

    1.1592
    -0.0026 (-0.22%)
     
  • GBP/USD

    1.2307
    +0.0037 (+0.30%)
     
  • BTC-GBP

    16,879.98
    -480.25 (-2.77%)
     
  • CMC Crypto 200

    451.81
    -9.98 (-2.16%)
     
  • S&P 500

    3,921.11
    +9.37 (+0.24%)
     
  • DOW

    31,572.49
    +71.81 (+0.23%)
     
  • CRUDE OIL

    109.30
    +1.68 (+1.56%)
     
  • GOLD FUTURES

    1,823.30
    -7.00 (-0.38%)
     
  • NIKKEI 225

    26,871.27
    +379.30 (+1.43%)
     
  • HANG SENG

    22,229.52
    +510.46 (+2.35%)
     
  • DAX

    13,169.63
    +51.50 (+0.39%)
     
  • CAC 40

    6,049.46
    -23.89 (-0.39%)
     

Qatar Facility Management Market Report 2022-2030: Upcoming FIFA World Cup 2022 & Qatar National Vision 2030 Driving Growth

·5-min read
Company Logo
Company Logo

Qatari Facility Management Market

Qatari Facility Management Market
Qatari Facility Management Market

Dublin, May 30, 2022 (GLOBE NEWSWIRE) -- The "Qatar Facility Management Market Research Report: By Service, End User, Mode, Type - Industry Analysis and Growth Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.

From an estimated $5,285.1 million in 2021, the Qatari facility management market size is set to increase to $22,268.2 million by 2030, at a 17.3% CAGR between 2021 and 2030.

The strongest reason for it would be the Qatar National Vision 2030, under which Qatar's government seeks to make itself less reliant on the oil and gas industry. For this, infrastructure is being constructed on a massive scale to support other industries, which will, in time, drive the demand for facility maintenance.

Some of the mega construction projects underway in this regard are Sheraton Park, Western Green Spine in Doha, Sidra Medical Research Centre, and Education City. Moreover, the country will host the 2022 FIFA World Cup, which is another key factor propelling construction and infrastructure development activities here. The infrastructure, being constructed with a spending of more than $220 billion, will need to be maintained even after the world cup ends, thus creating a high requirement for facility management.

In recent years, the most-effective strategic measure that has allowed these Qatari facility management market players to augment their revenue has been the securing of service contracts. For instance, in June 2020, contracts for facility maintenance at the Singaporean embassy and Al Kaabi Tower, both in Doha, were secured by CBM Qatar LLC. These two-year agreements are for security, mechanical, electrical, and plumbing (MEP), and cleaning services.

Key Findings of Qatar Facility Management Market Report

  • The COVID-19 pandemic impacted the demand for facility management negatively in 2020 since most industrial and commercial facilities were closed and there were restrictions on the movement of people.

  • However, since the lifting of the lockdowns, the demand for cleaning services has surged sharply, as the focus of entities and individuals on general hygiene has increased manifold.

  • Property management services have witnessed the highest demand in the Qatari facility management market till now because they include the essential services that keep the built infrastructure in the optimum working condition.t

  • The outsourced mode of facility management will gain wide popularity in the coming years because it allows industrial and commercial entities to take their minds off these hassles and focus on their core operations.

  • Commercial users create the highest demand for facility management in Qatar because clean and well-maintained commercial facilities are essential for attracting lessees and visitors.

  • The biggest Qatari facility management market trend is green buildings, which the government is supporting in order to reduce energy consumption.

Key Topics Covered:

Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Analysis Period
1.4 Market Data Reporting Unit
1.5 Market Size Breakdown by Segment
1.6 Key Stakeholders

Chapter 2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Market Indicators
4.1 Infrastructure Development

Chapter 5. Definition of Market Segments
5.1 Service
5.1.1 Property
5.1.1.1 Hvac Maintenance
5.1.1.2 Mechanical & Electrical Maintenance
5.1.1.3 Others
5.1.2 Cleaning
5.1.3 Security
5.1.4 Catering
5.1.5 Support
5.1.6 Environmental Management
5.1.7 Others
5.2 End-user
5.2.1 Commercial
5.2.2 Industrial
5.2.3 Residential
5.3 Mode
5.3.1 In-House
5.3.2 Outsourced
5.3.2.1 Integrated
5.3.2.2 Bundled
5.3.2.3 Single
5.4 Type
5.4.1 Hard
5.4.2 Soft
5.4.3 Others

Chapter 6. Industry Outlook
6.1 Market Dynamics
6.1.1 Trends
6.1.1.1 Rising Infrastructural Development
6.1.1.2 Surging Awareness Regarding Protection of Assets
6.1.1.3 Increasing Emphasis on Green Building Practices
6.1.2 Drivers
6.1.2.1 Upcoming Fifa World Cup 2022 in the Country
6.1.2.2 Qatar National Vision 2030
6.1.2.3 Impact Analysis of Drivers on the Market Forecast
6.1.3 Restraints
6.1.3.1 Stringent Staffing Policies and Labor Laws of the Country
6.1.3.2 Impact Analysis of Restraints on the Market Forecast
6.2 Impact of Covid-19
6.3 Porter's Five Forces Analysis

Chapter 7. Qatar Market Size and Forecast
7.1 Service
7.2 End-user
7.3 Mode
7.4 Type

Chapter 8. Qatar Facility Management End-User Capacity Analysis
8.1 Commercial End-user Capacity
8.1.1 Office Capacity
8.1.2 Retail Capacity
8.1.3 Hotel Capacity
8.2 Residential End-user Capacity
8.3 Industrial End-user Capacity

Chapter 9. Qatar Facility Management Workforce Analysis
9.1 Workforce Analysis, by End-user
9.2 Workforce Analysis, by Mode

Chapter 10. Facility Management Contracts/Projects of Key Players

Chapter 11. Competitive Landscape
11.1 Key Players and Their Offerings
11.2 List of Other Players
11.3 Client Wins

Chapter 12. Company Profiles

  • Mosanada Facilities Management Services

  • Engie Cofely

  • Al-Asmakh Facilities Management W.L.L.

  • Como Facilities Management Services

  • Ocs Qatar LLC

  • Cbm Qatar LLC

  • Elegancia Group

  • Al Tamyoz Business Group

  • Conservo Facility Management W.L.L.

  • Sodexo Group

  • Amwaj Catering Services Company

  • Facilities Management & Maintenance Company LLC

  • Waseef

  • Qafam

  • Darwish Interserve Facilities Management W.L.L.

  • Al Mirqab Facilities Management

  • Q-Tec Electric W.L.L.

  • Efs Facilities Services Group

  • the Maintainers

  • Cayan Facility Management

For more information about this report visit https://www.researchandmarkets.com/r/7n88rd

Attachment

CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood, Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900


Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting