Qatar Facility Management Market Competitive Insights and Opportunities in Grooming Regions : Edition 2020-2025

(MENAFN- Ameliorate Solutions) Qatar Facility Management Market - Growth, Trends, And Forecast (2020 - 2025)

Qatar Facility Management market has been thoroughly scrutinized and then carefully demarcated by geographic locations which are based on major economic regions and their topographical regions. Growing competition and the changing market dynamics has been highlighted. Aggressive market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. The Market share and Market size prominent players for 2020 to 2025 are profiled in this report.

The Qatar facility management market was valued at USD 4,614.33 million in 2019 and is expected to reach USD11,308.94 million by 2025, registering a CAGR of 16.2%, during the period of 2020-2025.

The Qatar Facility Management market is highly competitive and consists of a number of major players: Emcor Facilities Services WLL, Al Faisal Holdings (MMG Qatar), Sodexo Qatar Services, Al-Asmakh Facilities Management, G4S Qatar, Facilities Management & Maintenance Company LLC, Cofely Besix Facility Management, Como Facility Management Services, Amenity Facility Management & Services WLL, Cayan Facilities Management, Kien Facilities Management, Elegancia Hospitality & Facility Management Services, SERVICO Facility Management & Services WLL, Electromechanical Maintenance Services (EMS) WLL, GULFSERV WLL (Assiyana), Marshall Facility Management, Conservo Facility Management Co. WLL and Others

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Scope of the Report

Facility management encompasses several disciplines to ensure functionality, comfort, safety and efficiency of any building by integrating people, place, process and technology. While in-house are witnessing increasing dependency on facility management vendors who are employed by direct client organization and outsourced services include single, bundled and integrated facility management.

Key Market Trends

Governments Investment into Infrastructure Projects Accounts for Significant Growth

- As part of its vision of creating a sustainable and self-reliant economy, the Qatar Government has been investing heavily in the infrastructure sector. At the end of 2018, the Public Works Authority (Asghar) announced an investment of QR 21.8 billion (USD 6 billion) in infrastructure projects across a range of sectors, that includes real estate, transport, and health and education.
- To ramp up the countrys national highways network, Ashghal (Public Work Authority), is planning to invest USD 380 million. With this highway plan, authority planned to build a 195 Km long direct road to connect AL Khor in the north and Masaieed in the south.
- The PWD sector is expected to roll out 19 infrastructure projects with Residential Real Estate as a critical focus. This includes plans to build hard infrastructure on more than 5000 plots of land. Also, 11 other projects that include new health care facilities, schools, and highway and road expansions that were started earlier will be completed.
- Moreover, recently, railways have experienced a demand for facility management. The Qatar Integrated Railways Project covers four metro lines in Doha, tram routes in West Bay, Lusail high-speed line and dedicated freight airways. The Doha Metro is a rapid transit system that became operational on 8 May 2019.
- Further, the infrastructure push from the government is focused on providing more opportunities to local construction firms, with small-scale businesses expected to be principal beneficiaries of nationwide development projects. This is expected to help create influential local facility management participants in the future. With the availability of stronger local partners, the market is expected to attract foreign partners to continue to invest in large projects in a post-2022 scenario.

Increasing Emphasis on Green Building Practices

- The growing importance of Qatar in the market is the high number of certified green buildings. In the Middle East, only UAE has a higher number of certified green buildings. Qatar has the fifth-highest number of LEED-registered and certified buildings outside the U.S.
- The local regulatory body, Qatar Green Building Council (QGBC), has been actively promoting sustainable practices. By organizing the Qatar Sustainability Week (QSW), the regulatory body is raising awareness among a wider community (the public and private sectors).
- The Global Sustainability Assessment System (GSAS) system, specially developed by Qatar, is billed as the worlds most comprehensive green building assessment system. It has been developed after a rigorous assessment of 40 green building codes available worldwide. The codes developed have a strong focus on sustainable development and environmental stress mitigation.
- Sustainable Energy Management Services remain one of the key offerings of the vendors in the market. The advisory services of the vendors include a reduction in water consumption, carbon emissions, and compliance with legislation and energy consumption metrics.
- The city of Lusail, which epitomizes the governments Vision 2030 sustainable development plan, has a range of features that include water-sensitive landscaping plans in addition to a district cooling system that has been designed to save 65m tons of CO2 a year.

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What are the market factors that are explained in the report?

–Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R & D, new product launch, M & A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

–Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

–Analytical Tools: Qatar Facility Management Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, feasibility study, and investment return analysis have been used to analyzed the growth of the key players operating in the market.

The research includes historic data from 2025 to 2020 and forecasts until 2025 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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