About Facility Management Industry
Facility Management (FM) is a service that brings efficiency to managing a building or a facility with a professional discipline by focusing on delivering effective support services for the functionality, safety, and sustainability of the buildings. The vast variety of services that are secondary for organizations, such as cleaning, catering, building & energy management, fitment & repair of electrical installations, etc., come into this category. The need for facility management in the country has surged as a result of the expanding development of smart city projects in Sabah and Sarawak, which have been promoting consistent smart city efforts by improving their public services & management systems using digital solutions. Infrastructure development & maintenance in smart cities could be expensive & challenging. As a result, using facility management during the construction phase is critical to ensuring the functionality and usability of the buildings. However, neglecting these services would lead to long-term effects on the sustainability of cities. Thus, the country's growing development of smart cities has positively impacted the Facility Management market. Moreover, Malaysia is a developing country that invests in a variety of sectors to strengthen its economy, ranging from agriculture & community-based to robust manufacturing & service sectors. Malaysia ranks 55th out of 157 countries in the World Bank's Human Capital Index, with significant growth in the educational, commercial, and healthcare industries. As a result, the demand for soft & hard facility management has grown in both the commercial & educational sectors. Furthermore, rising Foreign Direct Investment (FDI) is a major contributor to investment in the country for infrastructural development.
Attributes | Details |
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Study Period | 2020-2032 |
Base Year | 2024 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
JLL Facility Management (Lumpur), AWC Berhad (Lumpur), Sepadu Group (Lumpur), Harta Maintenance Sdn Bhd (Selangor), Zelan AM Services Sdn Bhd (Lumpur), PMC Facilities & Real Estate (Lumpur), CBRE (Lumpur), RPH Global Property Management (Lumpur), KLCC Property Holdings Berhad (KLCCP) (Lumpur) and MST Facilities Sdn Bhd (Lumpur) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Malaysia Facility Management Industry market by Type (Hard, Soft, Risk and Administrative) and Region.
On the basis of geography, the market of Facility Management Industry has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Operating Model, the sub-segment i.e. In-house will boost the Facility Management Industry market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Users, the sub-segment i.e. Commercial will boost the Facility Management Industry market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Service Delivery, the sub-segment i.e. Single will boost the Facility Management Industry market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Demand for Green Building Management
Market Growth Drivers:
Growing Education Sector to Boost Facility Management and Rapid Urbanization & Infrastructure Development
Challenges:
High Initial Cost of Advanced FM Solutions
Restraints:
Lack of Skilled Labor
Opportunities:
Escalating Use of Artificial Intelligence (AI) & Internet of Things (IoT) and Growth in Residential FM Services
Market Leaders and their expansionary development strategies
In November 2024, AirTrunk, a data center operator, has intensified its commitment to sustainability by installing a 1MW rooftop solar system at its Johor Bahru data center. This project, executed in collaboration with Pekat Solar, marks AirTrunk's first significant renewable energy endeavor in the region.
In October 2024, the Malaysia External Trade Development Corporation (MATRADE) hosted the International Sourcing Programme (INSP) alongside BuildXpo 2024. This event facilitated pre-arranged business meetings between Malaysian companies and international buyers, resulting in potential trade deals valued at over RM152 million. The initiative highlighted Malaysia's growing role in the global construction market and emphasized the country's expertise in sustainable building solutions.
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Providers of Neonatal Intensive Care, Venture Capitalists and Private Equity Firms and End-Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.