Tuesday, May 7, 2019

Qatar Facility Management Market Types, Applications, Leading Manufacturers and Development Strategies Forecast to 2024


The Qatar facility management market is driven by factors such as the mounting emphasis on greenhouses and speedy infrastructure developments such as Sidra Medical Research Centre, Sheraton Park, and Western Green Spine raised the demand for facilities services.

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The market for facility management in Qatar is primarily driven by leading projects such as Vision Qatar 2030, National Tourism Sector Strategy 2030, and Qatar Rail Development Program (QRDP), and upcoming FIFA cup 2022. The upcoming events would result, the need for hospitality services and infrastructure in order to provide accommodation resource for participants and guests from various countries.

In addition, the Vision Qatar 2030 project was launched by the government to renovate the nation into a developed country. It would include new international airports, schools, electric substations, new cities and hospitals in the country. This offers market players immense opportunities for facility management in Qatar, which will drive their revenue growth.

The different end users of, the facility management market are commercial, industrial, and residential. Of all these end users, the commercial category is predicted to witness the highest CAGR of 9.0% during the forecast period owing to escalating alertness among end users for commercial building maintenance to minimize expenditure.

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Key players in the facility management industry are investing in the development of advanced, which is strengthening their position in the market Mosanada Facilities Management Services, Confident Enterprises WLL, CBM Qatar LLC, Cofely Besix Facility Management, Al Tamyoz Business Group, COMO Facilities Management Services, ASTAD, OCS Qatar LLC, Al-Asmakh Facilities Management WLL, Elegancia Hospitality & Facility Management Services, and Conservo Facility Management Co. WLL are some of the key players offering facility management in Qatar.

Source: VynZ Research

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