Media Releases

Bahrain FM Market has grown at a significant pace over the years, owing to augmented demand for both hard and soft services by all sectors of the country. This has given a boost to the revenues of existing market players. The growing market has also opened up opportunities for new entrants in the space, wherein smaller players are often considered important revenue generators for outsourced services. Increasing number of infrastructural projects in both government and private sector of Bahrain is the major reason behind the continuous growth of facilities management market in the country.

The emergence and entry of foreign players in the service market of the kingdom has posed a threat to the local contractors which face stiff competition both in terms of quality and price. This dominance of world-class players including G4S, EFS Facilities Services and Cluttons has raised the service requirements of the customers due to the existence of multiple hard and soft services in their portfolio. The growing economy of Bahrain is witnessing an increase in the number of acquisitions and joint ventures among the facilities management companies in the country. This is due to the rapid infrastructural developments in the country. Facility Management Companies have joined hands with other existing and new market players to better service the client. In 2013, Bahrain Airport Company (BAC) fully acquired Hochtief Facility Management Bahrain (HTFMBA), which was earlier a joint venture between BAC and Hochtief.

The companies in the industry are also giving emphasis on offering personalized services to the clients, that support the new ways of working & are more fit-for-purpose. These personalized services will go beyond managing assets and systems. Customer requires that the service provider understand their business and train the front-line service employees to deliver on this understanding.

Ken Research announced its latest publication on “Bahrain Facilities Management Market Outlook to 2021 – Growth in Retail Sector and Demand for Hard Services to Drive Market Growth” which suggested a rapid growth in Bahrain Facilities Management, market majorly driven by expanding real estate and construction industry in the country. Technological advancements and the growth of retail sector are attracting large number of companies to opt for facilities services in Bahrain.

Source: https://www.kenresearch.com/manufacturing-and-construction/real-estate/bahrain-facility-management-market/127376-97.html

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

The supreme council for planning has formed a committee in Oman to develop comprehensive green design code for Oman in adherence to GCC building code. The construction of such buildings has increased the demand for facilities management in the country. This green building concept will not only boost the construction industry but the FM industry also because new buildings will demand various hard and soft facilities; which shall be contracted in the form of bundled, single or integrated as per client’s requirement.

The facilities management market in Oman is fragmented with rising competition from various players entering the market. There are various players operating in Oman FM industry with no company having major revenue share. Major companies provide contracts on the basis of single services, integrated services or bundled services based on the requirement of the client. This has a positive impact on the facilities management market by increasing the awareness due to rise in suppliers and elevated revenue generation by this industry. The market has space for various acquisitions and mergers which will have a positive impact on the industry through the emergence of leading players. Remas Group of Companies provides soft FM services in the market whereas EMCC, Majan Group and Al Ansari Engineering Services focus on hard services. OIG, Como Facilities Management Services, QBG, EFS, BEG, Interserve, London Cleaning and Maintenance, OSCO, Al Naba, Genecto, Delaware Contracting and Technical services LLC and Bait al Osool Real estate provide both soft and soft services in Oman FM market.

The report titled “Oman Facility Management Market Outlook - Growth in Hospitality and Commercial Sector to Push Demand for Facility Management Service” by Ken Research suggests a robust CAGR of 7.9% in revenue terms for the facilities management market in Oman in the next 5 years till 2021.

Source: https://www.kenresearch.com/manufacturing-and-construction/real-estate/oman-facility-management-market/127107-97.html

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