USA Facility Management

USA Facility Management Market Research Report Forecast : (2022-2027)

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
  • Jun 2020
  • 103
  • BM44026

Market Definition

Facility Management is a bunch of services offered to a building or a facility to manage different operations that include physical aspects like HVAC (Heating, Ventilation, & Air Conditioning), plumbing & wastewater, catering, lighting & electrical, as well as soft services like housekeeping, security, etc. With the growing awareness about the benefits of these facility management services, several organizations in the United States are increasingly adopting them for in-house & outsourced operating models to enhance their overall efficiency.

Market Insights

The USA Facility Management Market is projected to grow at a CAGR of around 5.5% during the forecast period, i.e., 2022-27. The growth of the market is driven primarily by massive investments by the US government in developing different industries like construction, transportation, corporate, & hospitality, among others, i.e., surging the demand for facility management services to improve the overall operational efficiency & productivity of businesses with cost-effectiveness. 

Report Coverage Details
Study Period Historical Data: 2017-20
Base Year: 2021
Forecast Period: 2022-27
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 and more offices, which, in turn, is also augmenting the demand for facility management services.

Impact of Covid-19 on the USA Facility Management Market

The advent of Covid-19 in 2020 had a decelerating effect on most industries across the USA, and the Facility Management Market was no exception. The market underwent moderate effects of the crisis, principally due to the imposition of stringent movement restrictions & lockdown by the US government to curb the spread of this dreadful disease. Initially, while organizations were compelled to work from home, the demand for facility management services underwent a temporary decline and resulted in significant financial losses for the leading industry players.

However, the demand for these services escalated dramatically across the healthcare sector, principally to ensure utmost safety & hygiene in the facility while managing all the operations efficiently. It, in turn, displayed a positive effect on the market throughout the USA. Besides, with the gradually reducing number of Covid-19 cases, the USA government uplifted the restrictions and allowed the recommencement of business operations. It, in turn, propelled the demand for facility management services throughout the country to ensure safety & hygiene in facilities.

Market Segmentation

Based on the Operating Model:

  • In-House
  • Outsourced 

Here, the Outsourced model is anticipated to demonstrate the fastest growth in the USA Facility Management Market during the forecast period. It attributes principally to the mounting inclination of organizations toward employing third parties for outsourcing their non-core activities so that they can focus entirely on the core business operations.

Besides, since outsourced service providers always have an edge in offering technologically advanced solutions, it is attracting more & more companies to opt for outsourced facility management services, thereby augmenting the overall market growth.

Based on the Type of Services:

  • Hard
  • Soft
  • Risk
  • Administrative

Here, risk services are anticipated to display the fastest market growth during 2022-27. It owes principally to the rapidly increasing cases of cyber threats & attacks in the country, gaining growing government support through favorable policies & massive investments to enhance safety & attain improved risks management services. It, in turn, is stimulating the demand for facility management services offering to enhance risks protection and driving the market through 2027.

Moreover, the rapid digital transformation & increasing automation are also surging the demand for risk facility management services across the USA. It, in turn, is positively influencing the overall market growth and projecting remunerative prospects for the leading players in the industry.

Key Questions Answered in the Market Research Report:

  1. What are the overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares) of the USA Facility Management Market?
  2. What are the region-wise industry size, growth drivers, and challenges?
  3. What are the key innovations, opportunities, current & future trends, and regulations in the USA Facility Management Market?
  4. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the USA Facility Management Market based on the competitive benchmarking matrix?
  5. What are the key results derived from surveys conducted during the USA Facility Management Market study?

Frequently Asked Questions

A. The USA Facility Management Market is projected to grow at a CAGR of around 5.5% during 2022-27.

A. The swift expanding healthcare & hospitality sectors are projected to drive the USA Facility Management Market through 2027.

A. The surging adoption of facility management services to enhance safety & hygiene across the healthcare sector, especially after the advent of Covid-19 in 2020, is a prominent trend projecting significant expansion of the USA Facility Management Market through 2027.

A. The outsourced operating model is anticipated to emerge as an area of remunerative opportunities for the leading players in the USA Facility Management Market in the coming years.

  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, 2017-2027F
    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, 2017-2027F
    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, 2017-2027F
    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, 2017-2027F
    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, 2017-2027F
    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