Dated: 23-05-2011
Global FM market to touch $394.69 billion by 2017

Etisalt and Emcor sighted among major players

The global market for facilities management is projected to touch USD394.7 billion by 2017, according to a new market research report by Global Industry Analysts, Inc. The recent report stipulated that Europe and United States account for a major share of the global facilities management market revenues. In the mature markets of North America and Japan, FM demand growth will remain modest in the near term, reflecting the economic slowdowns in these countries.

Continued weakness in building sector is one factor limiting market growth in North America and Japan. Demand for facilities management in rest of the world will remain healthy thanks in part to the emerging markets, which will maintain their own dynamism. Asian countries including China and India, Middle East, and South Africa hold the key to future growth. Major players in the global marketplace include ABM Industries Inc, Amey, Aramark, EMCOR Group Inc, Etisalat Facilities Management LLC, Europa, Faceo FM UK Ltd., ISS, Johnson Controls Inc, Kier Facilities Services Limited, MITIE Group Plc, TFN Group, and Turner Facilities Management Ltd., among others.

The research report titled “Facilities Management: A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, issues, drivers, company profiles, mergers,   acquisitions and other strategic industry activities. The single segment report provides market  estimates and projections (in US$ Billions) for major geographic