Qatar Facilities Management Market Outlook to 2021- Ken Research

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Ken Research announced its latest publication on Qatar Facilities Management Market Outlook to 2021 – Increasing Infrastructural Developments and Outsourcing of Hard Services to Foster Future Growth suggested a rapid growth in Qatar Facilities Management market majorly driven by expanding real estate and construction industry in the country. The facilities management market of the country has been further explained with details on market share contributed by major service providers in various regions of Qatar. The stakeholders of this report include facilities management service providers,Qatar Facility Management Market Covers Middle East Facilities Management Market,End Users Facility Management Qatar,Facility Management Opportunities Qatar,New Standard Facility Management Qatar,Airport FM Services Management Qatar,Role  of FM Services Qatar,Facility Management Services in Qatar, companies involved in research, real estate and infrastructure developers in Qatar and the new entrants and venture capitalists who wish to invest in facilities management market in future.

Detailed comparative analysis of major FM service providers has also been provided. Various marketing analysis factors such as trends and developments and SWOT analysis are also added in the study. The future analysis of the overall Qatar Facilities Management market has also been discussed along with recommendations from analyst view.

Qatar Facilities Management Market

The growing GDP of Qatar made the country to be positioned among the top ten fastest growing economies of the world in 2016. This invited international players to invest in various sectors of the nation, thereby leading to the growth of the overall facilities management market during the same period. Facilities management market in the Qatar increased to USD ~ million in 2016 from USD ~ million in 2011, marking a robust CAGR of ~% during the same period. Establishment of The Sheraton Park, Sidra Medical Research Centre and Western Green Spine in Doha between 2014 and 2016 raised the demand for facilities services providers in the country, which offered manpower and other technical resources to the developers.

Qatar Facilities Management Market Segmentation

Hard services require technical assistance and expert knowledge of the service providers. Basic services provided under this segment include fire safety and security systems required by all sectors in Qatar, technical operations and maintenance, electromechanical services and HVAC services. Since customers have to incur heavy expenditure for undertaking hard services, this segment dominated the market with ~% revenues of facilities management services in 2016.

Most revenues in the facilities management market were generated through the integrated services wherein market players offered almost all type of facilities services to the clients. Since prices of collective services are higher than individual or a combination of few services, this segment dominated the overall market with a share of ~% in the revenues in 2016.

Outsourced facilities management services added a significant share to the revenues of the overall market in 2016. Market players were able to contribute the majority share of ~% to the facilities management market revenues during the same period. Generating a higher profit margin by offering services from the in-house resources available with the provider, market players added ~% share to the overall revenue of facilities management market in 2016.

Competitive Scenario

Qatar facilities management market was dominated by G4S, which contributed ~% to the overall market revenues in 2016. Continuous contracts won by MMG Qatar in the real estate sector, which involves larger area to be covered by the facilities management service provider, assisted the company in generating significant revenues during 2016. Further, facilities management services offered by SNC-Lavalin ProFac Gulf Management LLC and Rumaillah Facilities Management assisted each of these companies in contributing ~% to the overall market revenue in 2016. Other facilities management players in Qatar collectively added USD ~ million to the overall market revenues in 2016.

Future Analysis and Projections

The revenues generated by facilities management market players in Qatar are projected to augment to USD ~ million by 2021 from USD ~ million during 2016, registering a five year CAGR of ~% during the period 2016-2021. The overall revenues from hard services are anticipated to increase from USD ~ million during 2016 to USD ~ million during 2021 at a CAGR of ~% between 2016 and 2021. Conversely, soft services are expected to generate USD ~ million revenues by 2021. Integrated services which involve all hard and soft services to be provided by the contractor under one contract are expected to dominate the market revenues with a share of ~% in 2021. The revenue from bundled services is projected to rise to USD ~ 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 single services due to absence of players and low cost of such services in the market.

Key Topics Covered in the Report:

  • Qatar 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.
  • SWOT Analysis for Qatar Facilities Management Market
  • Trends and Developments in Qatar Facilities Management Market
  • Market Share of Facilities Management Players
  • Company Profiles of Major Facilities Management Market Players
  • Future Outlook for Qatar Facilities Management Market
  • Analyst Recommendation
  • Macro-Economic Factors Impacting Qatar Facilities Management Market

For further reading click on the link below:  

https://www.kenresearch.com/manufacturing-and-construction/real-estate/qatar-facility-management-market/127108-97.html

Related Reports:

Kuwait Facility Management Market Outlook to 2021 – Growing Retail Industry and Upcoming Infrastructure Projects to Drive Market Growth

India Facility Management Market Outlook to 2020 – Driven By Rapid Growth of Commercial Spaces and Advent Of Smart Cities

UAE Facilities Management Market Outlook to 2021 – Growing Construction Industry and Increasing Mergers and Acquisitions to Foster Future Growth

Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
Ankur@kenresearch.com
+91-9015378249

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