Middle East Facility Management Association, Cleaning Services Market in Oman - Ken Research

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Oman Facility Management Market Outlook to 2022
Ken Research
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The report titled Oman Facility Management
Market Outlook to 2022 By Soft Services
(Housekeeping, Landscape Access and Façade
Access, Security, Others) and By Hard Services
(HVAC, Electromechanical, Operational and
Maintenance, Fire Safety and Security) provides
a comprehensive analysis of Facility Management
in Oman. The report focuses on overall market
size, market segmentation by Types of Services
(Single, Bundled and Integrated Services), by
Sectors (Commercial, Hospitality, Residential,
Industries and other sectors), by In house and
Outsourcing services and by Hard and Soft
Services. The report also covers the overall
trends and developments, Vendor selection process
and Competitive landscape. The report concludes
with market projections for future for the market
described above highlighting the major
opportunities and cautions for Oman Facility
Management. Oman Facility Management Market
Overview and Size The Facility Management (FM)
market in Oman has witnessed robust growth during
the review period however, the market is still
in its growth stage. The market is highly
fragmented with large number of players operating
within the FM industry.
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The FM market in the past was dominated by soft
services but technological advancement and
increasing need for building maintenance has
resulted in rising demand for hard services. The
major growth drivers for the industry include the
booming real estate market, growing construction
industry, increasing number of shopping malls and
supermarkets, expanding hospitality sector and
focus on Green Buildings aligned to Vision 2030
creating opportunities for FM services in the
country. Increase in project activity centered
on tourism and the commercial sector have raised
the demand for soft and hard services in the
country, leading to a positive impact on the
facility management market. Rising inflow of
foreign expatriates has also positively impacted
the growth of the industry. Oman Facility
Management Market Segmentation By Soft and Hard
Services The facility management market can be
categorized on the basis of services offered i.e.
hard services and soft services. Soft services
dominated the facility management market in Oman
with a higher revenue share during 2017.
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The development of various sectors including real
estate, hospitality, healthcare and tourism
(owing to Vision 2020) has amplified the demand
for soft services in the country. Conversely,
hard services accounted for the remaining revenue
share of facility management market revenue in
Oman during 2017. By Single Service, Bundled
Services and Integrated Services Facility
management market is also segmented on the basis
of single service, bundled services and
integrated services. Single service has
contributed the highest share to the revenues of
the industry during 2017. There are few players
operating in the industry with specialized
expertise in single service and has been the
primary force driving customers to purchase
single FM service. Bundled services are the
second largest contributor to the revenues of the
industry during 2017. By Sectors Commercial
sector contributed the highest revenue share to
the overall facility management industry. FM
companies have been providing soft and hard
services to commercial complexes over the years
and the growth in this sector has created large
potential for FM companies. Hospitality sector
added their fair share in the revenues of the FM
industry.
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Conversely, the residential sector accounted for
the least revenue share of the FM market in terms
of revenue in 2017. Other sectors include
Industrial plants, airports, infrastructure
projects and others sectors together contributed
to the overall facility management market in
2017. Competitive Landscape in Oman Facility
Management Market The market dynamics has changed
in terms of number of players as domestic and
international players have been entering the FM
industry. With major MNCs entering this market,
competition has further streamlined in recent
years. Major FM companies in the country include
Renaissance CSG, OIG, Como Facility Management,
QBG and EFS. Companies are competing on the basis
of price and quality. Renaissance CSG competes in
the market on the basis of value innovation and
various supplementary services it provides to
their customer. OIG differentiates itself from
other companies by using environment friendly and
safe products. Como has a huge service portfolio
which gives it a competitive edge over other
companies. QBG is a customer centric company that
provides personalized services to its customers
while EFS follows an employee centric approach
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Oman Facility Management Market Future Outlook
and Projections As the facility management market
in Oman is fragmented, it will provide immense
opportunity to global and local players to tap
this market with the aid of technology
advancements and rising awareness among Omanis
towards FM services. Enormous growth in
construction, tourism and healthcare industries
in the country will increase the demand for FM
services. Additionally, the 9th Year Development
plan (2016-2020) is expected to trigger the
demand for FM services owing to the increase in
infrastructure projects. Key Segments
Covered Soft and Hard Facility Management Soft
Services Hard Services Soft Services Housekeeping
Landscape Access Security
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Hard Services HVAC Electromechanical
Services Operations and Maintenance Fire Safety
and Security Type of Service Single Bundled
Integrated Outsourcing and In House
services Sectors Industrial and Public
Infrastructure Retail Commercial Hospitality
Residential and Others
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Key Target Audience Facility Management
Companies Contractors Commercial Offices Hotels
and Hospitals Associations Time Period Captured
in the Report Historical Period -
2011-2017 Forecast Period - 2018-2022E Companies
Covered Renaissance Contract Services Group Al
Naba Services Oman International Group Osco
Oman Como Facility Management Service
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Bahwan Engineering Kalhat Group EFS Trading
General Electric and Trading Company Qurum
Business Group Key Topics Covered in the
Report Executive Summary Research Methodology
Oman Facility Management Market Introduction
Value Chain Analysis for Oman Facility
Management Market Oman Facility Management
Market Size by Revenue, 2011-2017 Oman Facility
Management Market Segmentation, 2011-2017 Trends
and Developments in Oman Facility Management
Market SWOT Analysis for Oman Facility Management
Market Vendor Selection Process for Oman
Facility Management Market
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Competitive Landscape for Oman Facility
Management Market Oman Facility Management
Market Future Outlook and Projections,
2018-2022 Analyst Recommendations in Oman
Facility Management Market Macro Economics
Factors Impact Oman Facility Management
Market For more information on the research
report, refer to below link https//www.kenresear
ch.com/manufacturing-and-construction/real-estate/
oman-facility-management-market/165558-97.html
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