Market Reports on Bahrain Provides the Trending Market Research Report on “Bahrain Facility Management Market By Service, By Type, By Industry, By End User, By Sectors, By Region, Competition Forecast & Opportunities, 2018-2028” under Heavy Industry Market Research Reports category. The Other Pet Food Market in Bahrain is projected to exhibit highest growth rate over report offers a collection of superior market research, market analysis, and competitive intelligence and industry reports. Bahrain Facility Management Market Research Report 2018-2028

Bahrain Facility Management market is anticipated to register a robust CAGR during the forecast period.

Bahrain is known for its oil & gas sector. With the increase in technology and Electric Vehicles being the trend in the market, Bahrain is reducing reliance on oil & gas and expanding to other sectors. In order to keep themselves aligned with the latest happenings around the world, the country launched Bahrain Vision 2030 in 2008 so that the country could diversify its economy and can generate revenue from other sectors such as finance and tourism. Facilities management is important because it is responsible for maintaining the physical structure of buildings and their assets. Properly maintained assets, systems, and devices extend their lifecycles. This means businesses pay less for emergency repairs and expensive equipment replacements and more revenue. Facility Management is used by all sectors, whether it is residential, commercial, or industrial.

Bahrain Vision 2030 is propelling growth : As Bahrain is gearing up for its Vision 2030, the country is seeing opportunities growing in non-oil sectors and are looking forward to increasing its revenue from the tourism, industrial and commercial sector. Bahrain is looking to spend more than USD1 billion for the exhibition & convention center and expansion of Bahrain airport with other projects in line. These projects are expected to increase the tourism sector in the country. Bahrain plans to create 5 new cities, which also increases the total land size to 60%. With the new infrastructure to be built from scratch, the facility management market is expected to grow to new heights once the 5 cities shall be ready.

Latest Trends in Bahrain Facility Management Market : The country has witnessed a variety of developmental activities supporting the need for integrated facility management services. For example, the Nabisare water station in Bahrain completed construction work in January 2021. The company has worked with various FM providers to complete the project. The Nass Contracting company built all of the station's facilities and equipped them with the latest mechanical, electrical, control, and communication equipment. Meanwhile, Ahmed Mansoor Al-Aali (AMA Group) covered the upper reservoir and installed the project's solar panels. This project is expected to propel integrated facility management marketing in the country.