Hard Facilities Management Market by Services (Building Maintenance, Fire Management, HVAC Maintenance Services), Deployment (Cloud, On-Premises), End-User - Global Forecast 2024-2030


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Hard Facilities Management Market by Services (Building Maintenance, Fire Management, HVAC Maintenance Services), Deployment (Cloud, On-Premises), End-User - Global Forecast 2024-2030


The Hard Facilities Management Market size was estimated at USD 26.30 billion in 2023 and expected to reach USD 27.44 billion in 2024, at a CAGR 4.41% to reach USD 35.59 billion by 2030.

Global Hard Facilities Management MarketHard facilities management (FM) is a specialized branch of facility management that encompasses the physical aspects of a building, focusing on maintaining, repairing, and upgrading its critical infrastructure. This includes various systems and components such as heating, ventilation, and air conditioning (HVAC), electrical installations, plumbing, roofing, elevators, and other structural elements necessary for the smooth functioning of any commercial or industrial facility. Governments worldwide are increasingly providing frameworks for hard facilities management with a strong focus on sustainability. These drivers are fueling the demand for advanced solutions in managing infrastructure, equipment, and other physical assets to ensure optimal utilization and minimal environmental impacts. However, the complexity involved in managing multiple facilities often creates challenges for organizations seeking to implement hard facilities management strategies. The integration of artificial intelligence (AI) and automation technologies promises to enhance operational efficiency by automating routine tasks and providing real-time insights into asset performance. As organizations continue to seek new ways to optimize operations while reducing costs, many are turning towards third-party service providers who specialize in managing physical assets on their behalf.Regional InsightsIn the Americas, the United States and Canada constitute a significant portion of demand, driven by infrastructure development, service quality, cost-effectiveness, and technological advancements in commercial buildings and residential sectors. Focus on energy efficiency improvements and renewable energy adoption has increased in recent years. EMEA encompasses strict EU regulations that impact consumer preferences in Germany, France, Italy, and Spain. Integrated facility management solutions addressing multiple building operations aspects are highly sought after. In the Middle East & Africa, rapid urbanization drives demand for advanced solutions focused on energy conservation measures with massive investments for smart cities development. Asia-Pacific comprises varied customer requirements due to industrialization growth and sustainability awareness within facility management services. China leads in patent filings related to building automation systems; Japan emphasizes research in robotics applied to facility maintenance tasks; India experiences an increasing trend towards outsourcing hard facilities management operations to third-party providers due to expanding real estate markets allowing hard facilities management market players to adapt their strategies effectively across diverse geographies.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Hard Facilities Management Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Hard Facilities Management Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Hard Facilities Management Market, highlighting leading vendors and their innovative profiles. These include ABM Industries Inc., Almeda Group, Aramark, Bellrock Property & Facilities Management Limited, Black & McDonald Limited, CBRE, Inc., Clear Choice Ltd., Compass Group PLC, Crystal Facilities Management Ltd., Cushman & Wakefield PLC, Dr. Sasse AG, EgyBell, Entire Facilities Management, Eptura, Inc., Eric Wright Group, Facilities Management Express, LLC, GCS Services Ltd., HLA Services, International Business Machines Corporation, ISS A/S, Johnson Controls International PLC, Jones Lang LaSalle Incorporated, Kimpton Ltd., Pinnacle Group Company, PPVS Facilities Management, RFM Group, Robertson Group, Skanska UK PLC, Sodexo Facilities Management Services, Ventia Services Group Pty Limited, Veolia Environnement S.A., and Wates Group Limited.

Market Segmentation & Coverage

This research report categorizes the Hard Facilities Management Market to forecast the revenues and analyze trends in each of the following sub-markets:

Services
Building Maintenance
Fire Management
HVAC Maintenance Services
Mechanical & Electrical
Plumbing & Lighting
Water Management
Deployment
Cloud
On-Premises
End-User
Commercial
Industrial
Institutional
Public/Infrastructure
Residential
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas
Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam
Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Hard Facilities Management Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Hard Facilities Management Market?
3. What are the technology trends and regulatory frameworks in the Hard Facilities Management Market?
4. What is the market share of the leading vendors in the Hard Facilities Management Market?
5. Which modes and strategic moves are suitable for entering the Hard Facilities Management Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Hard Facilities Management Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising need for efficient and cost-effective management of physical assets
5.1.1.2. Government frameworks for hard facilities management with focus on sustainability
5.1.2. Restraints
5.1.2.1. Complexity in managing multiple facilities and lack of customization
5.1.3. Opportunities
5.1.3.1. Integration of AI and automation in hard facilities management
5.1.3.2. Accelerating trend of outsourcing hard facilities management
5.1.4. Challenges
5.1.4.1. Limited integration with existing software systems and skilled workforce shortage
5.2. Market Segmentation Analysis
5.2.1. Services: IoT integration or AI-powered predictive analytics continue to empower the Hard Facilities Management services in building maintenance
5.2.2. Deployment: On-cloud deployment facilitates efficient operation while facility management
5.2.3. End-User: Commercial application shows highers adoption of hard facilities management meeting the clients diverse needs
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Hard Facilities Management Market, by Services
6.1. Introduction
6.2. Building Maintenance
6.3. Fire Management
6.4. HVAC Maintenance Services
6.5. Mechanical & Electrical
6.6. Plumbing & Lighting
6.7. Water Management
7. Hard Facilities Management Market, by Deployment
7.1. Introduction
7.2. Cloud
7.3. On-Premises
8. Hard Facilities Management Market, by End-User
8.1. Introduction
8.2. Commercial
8.3. Industrial
8.4. Institutional
8.5. Public/Infrastructure
8.6. Residential
9. Americas Hard Facilities Management Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Hard Facilities Management Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Hard Facilities Management Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
12.3.1. Merger & Acquisition
12.3.1.1. Arcus FM Acquires Trios to Drive Future Growth and Bolster Strength in The UK FM Market
12.3.1.2. Kingdom Strengthens FM Provision with Latest Acquisitions
12.3.2. Award, Recognition, & Expansion
12.3.2.1. ISS Wins Three Additional FM Contracts with the Government Property Agency
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. ABM Industries Inc.
13.1.2. Almeda Group
13.1.3. Aramark
13.1.4. Bellrock Property & Facilities Management Limited
13.1.5. Black & McDonald Limited
13.1.6. CBRE, Inc.
13.1.7. Clear Choice Ltd.
13.1.8. Compass Group PLC
13.1.9. Crystal Facilities Management Ltd.
13.1.10. Cushman & Wakefield PLC
13.1.11. Dr. Sasse AG
13.1.12. EgyBell
13.1.13. Entire Facilities Management
13.1.14. Eptura, Inc.
13.1.15. Eric Wright Group
13.1.16. Facilities Management Express, LLC
13.1.17. GCS Services Ltd.
13.1.18. HLA Services
13.1.19. International Business Machines Corporation
13.1.20. ISS A/S
13.1.21. Johnson Controls International PLC
13.1.22. Jones Lang LaSalle Incorporated
13.1.23. Kimpton Ltd.
13.1.24. Pinnacle Group Company
13.1.25. PPVS Facilities Management
13.1.26. RFM Group
13.1.27. Robertson Group
13.1.28. Skanska UK PLC
13.1.29. Sodexo Facilities Management Services
13.1.30. Ventia Services Group Pty Limited
13.1.31. Veolia Environnement S.A.
13.1.32. Wates Group Limited
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. HARD FACILITIES MANAGEMENT MARKET RESEARCH PROCESS
FIGURE 2. HARD FACILITIES MANAGEMENT MARKET SIZE, 2023 VS 2030
FIGURE 3. HARD FACILITIES MANAGEMENT MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. HARD FACILITIES MANAGEMENT MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. HARD FACILITIES MANAGEMENT MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. HARD FACILITIES MANAGEMENT MARKET DYNAMICS
FIGURE 7. HARD FACILITIES MANAGEMENT MARKET SIZE, BY SERVICES, 2023 VS 2030 (%)
FIGURE 8. HARD FACILITIES MANAGEMENT MARKET SIZE, BY SERVICES, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. HARD FACILITIES MANAGEMENT MARKET SIZE, BY DEPLOYMENT, 2023 VS 2030 (%)
FIGURE 10. HARD FACILITIES MANAGEMENT MARKET SIZE, BY DEPLOYMENT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. HARD FACILITIES MANAGEMENT MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
FIGURE 12. HARD FACILITIES MANAGEMENT MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS HARD FACILITIES MANAGEMENT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS HARD FACILITIES MANAGEMENT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES HARD FACILITIES MANAGEMENT MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES HARD FACILITIES MANAGEMENT MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC HARD FACILITIES MANAGEMENT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC HARD FACILITIES MANAGEMENT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA HARD FACILITIES MANAGEMENT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA HARD FACILITIES MANAGEMENT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. HARD FACILITIES MANAGEMENT MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. HARD FACILITIES MANAGEMENT MARKET SHARE, BY KEY PLAYER, 2023

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