Thailand Facilities Management Market, Forecast to 2023
Thailand Facilities Management Market, Forecast to 2023
Technological Adoption and Client Value Enhancement are Key Differentiators
11-Mar-2019
Asia Pacific
Description
The facility management (FM) landscape in Thailand is highly competitive and mature. The market is fragmented, with a high outsourcing rate to major multinational companies, and many local services for established end-user sectors. However, a major multinational company, ISS Facility Service Co., Ltd., has disclosed its plan to stall its operations in the domestic market due to the company’s restructuring strategy, which will be done by 2020. This will cause essential changes in the foreseeable future of the market. Thailand is an attractive location for many foreign FM companies, especially because the capital is expanding and there are major coordinating projects going on between the country and its neighbors.
The market is expected to grow, with the increasing acceptance rate of outsourcing services spreading out of the central business district area in Bangkok and the government’s plan to invest in infrastructure. On the other hand, the country is facing the major challenges of limited labor supply, political instability, and red tape and bureaucracy in business approach.
One of the most important factors to win contracts in the market is pricing. For a company to differentiate itself from the pricing competition, it has to adopt new technologies such as robotics and drones, which can also help alleviate the human capital issue. Major participants can create opportunities by considering automation and employee training initiatives to improve the quality of operation and services. Moreover, as integrated facility management (IFM) services are projected to grow significantly, they should be highly promoted. As the competition is very strong in the domestic landscape, service providers are recommended to enhance their businesses by forging relationships with customers through real-time information analytics and partnerships through acquisitions or joint ventures with clients.
This analysis on the competitive FM market landscape in Thailand provides in-depth profiling of key market participants. The study focuses on the core segments and market participants’ positioning in each of the key end-user segments and maps out strategies adopted by each market participant from the aspects of service delivery, end-user focus, internationalization, sustainability, and future trends. This study was conducted in 2018, with 2017 as the base year.
Key Issues Addressed
- Which are the key FM participants in Thailand and what are their market shares?
- What are the adopted strategies and directions?
- What are the technologies up for adoption in Thailand’s FM market?
- What are the growth opportunities for FM participants in Thailand?
- What are the latest major partnerships among stakeholders in the market?
Table of Contents
Key Findings
Key Questions This Study will Answer
Market Drivers and Restraints
Market Snapshot
Market Segmentation
Market Share Assessment
Market Landscape Analysis
Competitive Analysis
PCS Security and Facility Services Ltd.—Overview
PCS Security and Facility Services Ltd.—Key End-user Segments
PCS Security and Facility Services Ltd.—Strategic Direction
ISS Facility Services Co., Ltd.—Overview
ISS Facility Services Co., Ltd.—Key End-user Segments
ISS Facility Services Co., Ltd.—Strategic Direction
G4S Security Services (Thailand) Limited—Overview
G4S Security Services (Thailand) Limited—Key End-user Segments
G4S Security Services (Thailand) Limited—Strategic Direction
Sodexo (Thailand) Co., Ltd.—Overview
Sodexo (Thailand) Co., Ltd.—Key End-user Segments
Sodexo (Thailand) Co., Ltd.—Strategic Direction
CB Richard Ellis (Thailand) Co., Ltd.—Overview
CB Richard Ellis (Thailand) Co., Ltd.—Key End-user Segments
CB Richard Ellis (Thailand) Co., Ltd.—Strategic Direction
Plus Property Limited—Overview
Plus Property Limited—Key End-user Segments
Plus Property Limited—Strategic Direction
Mergers and Acquisitions
Sodexo (Thailand) Co., Ltd. and Amata Facility Service Co., Ltd.
ATALIAN Global Services Thailand Co., Ltd. and Phuket Guard Services Co., Ltd.
PCS Security and Facility Services Ltd. and Comin Thai Engineering Solutions Co., Ltd.
Angel Real Estate Consultancy and Ariva Hospitality Thailand Limited
ATALIAN Global Services Thailand Co., Ltd. and PSS Cleaning and Service Co. Ltd.
ATALIAN Global Services Thailand Co., Ltd. and PS Guard Holding
Growth Opportunity 1: Integrated Solution Expansion
Growth Opportunity 2: Partnerships
Growth Opportunity 3: Real-time Analysis
Growth Opportunity 4: Robotic Technologies
Growth Opportunities and Future of FM
Strategic Imperatives for Success and Growth
The Last Word—3 Big Predictions
Legal Disclaimer
List of Other Participants
List of Exhibits
The Frost & Sullivan Story
Value Proposition: Future of Your Company & Career
Global Perspective
Industry Convergence
360º Research Perspective
Implementation Excellence
Our Blue Ocean Strategy
Popular Topics
No Index | No |
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Podcast | No |
Author | Korn Kongkittiwong |
Industries | Environment |
WIP Number | 9AAF-00-55-00-00 |
Is Prebook | No |
GPS Codes | 9835-A4,9343-A4 |