Facility management (FM) services market in India to reach USD 42.53B by 2025

reogma|Facility management (FM) services market in India to reach USD 42.53B by 2025

The Indian Facility Management market is the fastest growing market in APAC region upholding a market size of USD 14.17 Billion in 2018 and clocking a healthy CAGR of 17% and is expected to reach a market size of USD 42.53 Billion by 2025.

  • Definition / Scope
  • Market Overview
  • Market Risks
  • Top Market Opportunities
  • Market Drivers
  • Market Restraints
  • Industry Challenges
  • Technology Trends
  • Regulatory Trends
  • Other Key Market Trends
  • Market Size and Forecast
  • Market Outlook
  • Technology Roadmap
  • Distribution Chain Analysis
  • Competitive Landscape
  • Competitive Factors
  • Key Market Players
  • Strategic Conclusion
  • References
  • Appendix

Definition / Scope

Facility management is an organizational function that enhances the quality of life and improves the productivity of the core business by integrating people, place, process and technology within the facility. It involves the maintenance of property, buildings, equipment and optimization of inventory and other operational elements.

ISO defines Facility Management as "organizational function which integrates people, place and process within the built environment with the purpose of improving the quality of life of people and the productivity of the core business."

The development of SEZs and mega food parks will be the major facility management services market drivers in India. With the development of numerous SEZs in India, vendors are facing growth opportunities in offering facility related management services. SEZs offer companies and other business-related benefits.

Also, the Government of India implemented the Mega Food Parks Scheme to combine all the stakeholders in agriculture such as farmers, processors, and retailers. This scheme aimed to reduce food wastage and maximize value addition, and these parks consisted of comprising collection centers, primary processing centers, and central processing centers, and others.

Categories

Hard services include HVAC, Mechanical, Electrical & Plumbing (MEP), Lighting, Energy Management Services, Water/Plumbing, Energy Audits, Safety Audits, etc.

Soft services include Cleaning, Landscaping, Admin Support, Transport/Fleet Services, Waste Management, Housekeeping, Pantry and Catering, Horticulture and Landscaping, Security, Pest Control, Front Office Support, etc.

reogma|Facility management (FM) services market in India to reach USD 42.53B by 2025

reogma|Facility management (FM) services market in India to reach USD 42.53B by 2025

reogma|Facility management (FM) services market in India to reach USD 42.53B by 2025


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Wed Jul 3 , 2019
The Indian Facility Management market is the fastest growing market in APAC region upholding a market size of USD 14.17 Billion in 2018 and clocking a healthy CAGR of 17% and is expected to reach a market size of USD 42.53 Billion by 2025. Definition / Scope Market Overview Market […]
reogma|Facility management (FM) services market in India to reach USD 42.53B by 2025reogma|Facility management (FM) services market in India to reach USD 42.53B by 2025

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