USA Facility Management

USA Facility Management Market Research Report Forecast : (2023-2028)

By Type of Service (Hard, Soft, Risk, Administrative),By Operating Model (In-house, Outsourced), By Service Delivery (Bundled, Integrated, Single Service), By Enterprise (Small, Medium, Large), By End Read more

  • Buildings, Construction, Metals & Mining
  • Oct 2022
  • 103
  • BM44026

Market Definition

Facility Management (FM) is a bundle of services offered to an organization to manage different operations of their buildings or facilities. These services include the management of physical aspects like HVAC (Heating, Ventilation, & Air Conditioning), plumbing & wastewater, catering, lighting & electrical, as well as soft services like housekeeping, security, cleanliness, etc. With the growing awareness about the benefits of these outsourcing FM services, several organizations, especially in the United States, are increasingly adopting them to enhance their overall productivity and yield better revenues.

Market Insights

The USA Facility Management Market is projected to grow at a CAGR of around 5.5% during the forecast period, i.e., 2023-28. The growth of the market is projected to be driven primarily by massive investments by the US government in expansions of industries like construction, transportation, corporate, & hospitality, among others. Consequently, the demand for facility management services is on an unprecedented rise to improve the overall operational efficiency & productivity of businesses with increased cost-effectiveness.

Report Coverage Details
Study Period Historical Data: 2018-21
Base Year: 2022
Forecast Period: 2023-28
CAGR (2022-2027)  5.5%
Region Covered South, West, Midwest, Northeast, Others
Key Companies Profiled Compass Group, Sodexo, EMCOR, Cushman & Wakefield, Trane, CBRE, Jones Lang LaSalle Incorporated (JLL), G4S PLC, ISS, Ecolab
Unit Denominations USD Million/Billion

 

Besides, with the swift expansion of the corporate sector and the increasing establishment of multinational companies & start-ups in the country, the US government is actively working on constructing more & more office buildings, i.e., another prominent aspect augmenting the demand for facility management services.

With significant advancements in several fields, new & innovative technologies are being integrated into different FM services, and one of them is the BIM (Business Information Modeling), i.e., a 3D tool that provides a digital picture of a facility & its assets. BIM is gaining ground in the facility management industry and helping facility managers easily attain all the information about a building.

In the US, more & more FM service providers are embracing this technology to achieve improved space management, effective maintenance, efficient energy usage, and enhanced lifecycle management. Moreover, educational institutions are also adopting BIM to achieve improved operational efficiency, better decision-making, and effective cost management. Hence, these aspects project a pool of profitable opportunities for the USA Facility Management Market through 2028.

  1. Introduction
    1. Market Segmentation
    2. Product Definition
    3. Research Process
    4. Assumptions
  2. Executive Summary
  3. Impact of COVID-19 on USA Facility Management Market
  4. Expert Verbatim- What our Experts Say?
  5. USA Facility Management Market Analysis, 2018-2028
    1. Market Size & Analysis
      1. By Revenues (USD Billion)
    2. Market Share & Analysis
      1. By Type of Services
        1. Hard
        2. Soft
        3. Risk
        4. Administrative
      2. By Operating Model
        1. In-house
        2. Outsourced
      3. By Service Delivery
        1. Bundled
        2. Integrated
        3. Single Services
      4. By Enterprise Size
        1. Large
        2. Medium
        3. Small
      5. By End-User
        1. Residential
        2. Government
        3. Retail Malls
        4. Healthcare
        5. Educational Institute
        6. Corporate
        7. Others (BFSI, etc.)
      6. By Region
        1. South
        2. West
        3. Midwest
        4. Northeast
        5. Others
      7. By Company
        1. Market Shares, By Revenue
        2. Strategic Factorial Indexing
        3. Competitor Placement in MarkNtel Quadrant
      8. Market Attractiveness Index
        1. By Type of Service
        2. By Operating Model
        3. By Service Delivery
        4. By Enterprise Size
        5. By End-User
  6. USA Hard Facility Management Service Market Analysis, 2018-2028
    1. Market Size & Analysis
      1. Revenues
    2. Market Share & Analysis
      1. By Type
        1. District Cooling
        2. Building Management System
        3. Energy Management
        4. Air Conditioning System
        5. Electrical Installation (Including Backup)
        6. Plumbing apparatus, Pumps, Sanitary units etc.
        7. Road & Steel Lighting Systems
        8. Others (Sewerage, Water & Effluent Treatment plant, Fire Fighting-both suppression and detection system, Car –park System for the Estate
      2. By Operating Model
      3. By Service Delivery
      4. By Enterprise Size
      5. By End-User
  7. USA Soft Facility Management Service Market Analysis, 2018-2028
    1. Market Size & Analysis
      1. Revenues
    2. Market Share & Analysis
      1. By Type
        1. Cleaning Services
        2. Pest Control
        3. Landscaping
        4. Catering
        5. Others (Event Support, Horticulture, Reprographic services, Parking management, Helpdesk services etc
      2. By  Operating Model
      3. By Service Delivery
      4. By Enterprise Size
      5. By End-User
  8. USA Risk Facility Management Service Market Analysis, 2018-2028
    1. Market Size & Analysis
      1. Revenues
    2. Market Share & Analysis
      1. By Type
        1. Insurance Management
        2. Disaster Management
        3. Reserve/ Sinking Fund
        4. Security
        5. Others
      2. By  Operating Model
      3. By Service Delivery
      4. By Enterprise Size
      5. By End-User
  9. USA Administrative Facility Management Service Market Analysis, 2018-2028
    1. Market Size & Analysis
      1. Revenues
    2. Market Share & Analysis
      1. By Type
        1. Mail Management
        2. Font Office Management
        3. Space planning and Management
        4. Inventory management
        5. Others (Travel Management, Contract management, planning and budgeting etc.)
      2. By  Operating Model
      3. By Service Delivery
      4. By Enterprise Size
      5. By End-User
  10. USA Facility Management Service Market Policies, Regulations, Product Standards
  11. USA Facility Management Service Market Trends & Insights
  12. USA Facility Management Service Market Dynamics
    1. Growth Drivers
    2. Challenges
    3. Impact Analysis
  13. USA Facility Management Service Market Hotspot & Opportunities
  14. USA Facility Management Service Market Key Strategic Imperatives for Success & Growth
  15. Competition Outlook
    1. Competition Matrix
      1. Service Portfolio
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles of top companies (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. Compass Group
      2. Sodexo
      3. EMCOR
      4. Cushman & Wakefield
      5. Trane
      6. CBRE
      7. Jones Lang LaSalle Incorporated (JLL)
      8. G4S PLC
      9.  ISS
      10. Ecolab
  16. Disclaimer
USA Facility Management Market Segmentation
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