Australia facility management market is expected
to grow at a steady rate during the forecast period. The Australia facility
management market is driven by the growing need to improve the organizational
processes and efficiencies while reducing the overall cost and dependency on
human resources. Additionally, the increasing need to create a safer work
environment along with adhering to the environmental and regulatory compliances
is further expected to propel the market growth through 2027. Furthermore,
supportive government policies & schemes facilitating infrastructural
development and building automation are further expected to fuel the market
growth. Besides, increased adoption of technologies such as IoT, AI, augmented
reality, cloud-based solutions, among others coupled with increasing
investments by the major players operating in the market is further expected to
create lucrative opportunities for the market growth. However, dearth of
skilled professionals and expertise can hamper the market growth over the next
few years. Also, lack of managerial awareness and inadequate process frameworks
can further restrict market growth during the forecast period.
The Australia facility management market
is segmented based on service, type, end user, source, company, and region. Based
on type, the market can be categorized into hard, soft and others. The soft
type is expected to dominate the market through 2027 since it includes services
such as cleaning, water disposal, security, among others. The hard type is also
expected to witness growth on account of the ongoing infrastructural
developments in the country. Based on end user, the market can be grouped into
commercial, industrial, and residential. The commercial segment is expected to
dominate the market on account of increasing working population which requires
office spaces. This growth in office spaces has increased the demand for
integrated facility management thereby driving the segmental growth during the
forecast period.
The major players operating in the facility
management market are Spotless Group Holdings Limited, Ferrovial Services
Australia Pty Ltd, Programmed Maintenance Services Limited, Serco Group Pty
Limited, Fresh Start Australia, ISS Australia, Broadspectrum, BGIS, JLL Inc., GJK
and others. Major companies are developing advanced technologies and launching
new services to stay competitive in the market. Other competitive strategies
include mergers & acquisitions and new service developments.
Objective of the Study:
- To analyze and estimate the market size of Australia facility
management market from 2017 to 2020.
- To estimate and forecast the market size of Australia facility
management market from 2021 to 2027 and growth rate until 2027.
- To classify and forecast Australia facility management market based
on service, type, end user, source, company, and regional distribution.
- To identify dominant region or segment in the Australia facility
management market.
- To identify drivers and challenges for Australia facility
management market.
- To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in Australia facility
management market.
- To identify and analyze the profile of leading players operating in
Australia facility management market.
- To identify key sustainable strategies adopted by market players in
Australia facility management market.
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TechSci Research performed both primary as well as exhaustive
secondary research for this study. Initially, TechSci Research sourced a list
of service providers across the globe. Subsequently, TechSci Research conducted
primary research surveys with the identified companies. While interviewing, the
respondents were also enquired about their competitors. Through this technique,
TechSci Research could include the service providers which could not be
identified due to the limitations of secondary research. TechSci Research
analyzed the service providers, distribution channels and presence of all major
players across the globe.
TechSci
Research calculated the market size of Australia facility management market using a bottom-up approach, wherein
data for various end-user segments was recorded and forecast for the future
years. TechSci Research sourced these values from the industry experts and
company representatives and externally validated through analyzing historical
data of these product types and applications for getting an appropriate,
overall market size. Various secondary sources such as company websites, news
articles, press releases, company annual reports, investor presentations and
financial reports were also studied by TechSci Research.
Key Target Audience:
- Facility management service provider companies
- Market research and consulting firms
- Government bodies such as regulating
authorities and policy makers
- Organizations, forums and alliances related to
facility management
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as service
providers, suppliers and partners, end users, etc., besides allowing them in
strategizing investments and capitalizing on market opportunities.
Attribute
|
Details
|
Base
Year
|
2021
|
Historical
Years
|
2017 –
2020
|
Estimated
Year
|
2022E
|
Forecast
Period
|
2023F –
2027F
|
Quantitative
Units
|
Revenue in
USD Million, and CAGR for 2017-2021 and 2022E-2027F
|
Report
Coverage
|
Revenue
forecast, company share, competitive landscape, growth factors, and trends
|
Segments
Covered
|
·
Service
·
Type
·
End
User
·
Source
|
Region
Scope
|
New South
Wales, Northern Territory, Queensland, South Australia, Tasmania, Victoria
& Western Australia
|
Key
Companies Profiled
|
Spotless
Group Holdings Limited, Ferrovial Services Australia Pty Ltd, Programmed
Maintenance Services Limited, Serco Group Pty Limited, Fresh Start Australia,
ISS Australia, Broadspectrum, BGIS, JLL Inc., GJK
|
Customization
Scope
|
10% free
report customization with purchase. Addition or alteration to regional &
segment scope.
|
Pricing
and Purchase Options
|
Avail
customized purchase options to meet your exact research needs. Explore purchase options
|
Delivery
Format
|
PDF and Excel through Email (We can also
provide the editable version of the report in PPT/Word format on special
request)
|
Report Scope:
In this report, Australia facility
management market has been segmented into following categories, in
addition to the industry trends which have also been detailed below:
- Australia Facility management Market, By Service:
- Property
- Cleaning
- Security
- Support
- Catering
- Others
- Australia Facility management Market, By Type:
- Australia Facility management Market, By End User:
- Commercial
- Industrial
- Residential
- Australia Facility management Market, By Source:
- Australia Facility management Market, By Region:
- New
South Wales
- Queensland
- Northern
Territory
- Tasmania
- Victoria
- Western
Australia
- South
Australia
Competitive
Landscape
Company Profiles: Detailed analysis of the major
companies present in Australia facility management market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed analysis and profiling of
additional market players (up to five).
Australia facility management market is
an upcoming report to be released soon. If you wish an early delivery of this
report or want to confirm the date of release, please contact us at [email protected]