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Building Maintenance Unit (BMU) Market Size

Report ID: GMI8328
Published Date: Feb 2024
Report Format: PDF

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Building Maintenance Unit Market Size

Building Maintenance Unit Market was valued at USD 4.1 billion in 2023 and is anticipated to register a CAGR of over 8% between 2024 and 2032, due to the rising construction of high-rise buildings & skyscrapers. Taller buildings have a bigger external surface area than low-rise structures. This results in a high requirement for routine cleaning & maintenance such as window washing, façade inspection, and repairs. In such cases, traditional solutions such as scaffolding turn out to be impractical & expensive in high-rise structures, making BMUs the preferrable choice.

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BMUs can be configured to handle these complexities, providing proper & effective maintenance. For instance, in December 2023, the Council on Tall Buildings and Urban Habitat (CTBUH) released a report indicating a 12% rise in the completion of skyscrapers worldwide in 2023 compared to the previous year. Additionally, the report underscored a notable increase in the construction of supertall skyscrapers globally. This surge in skyscraper construction highlights the growing demand for BMUs, thus propelling market expansion.

Building Maintenance Unit Market Report Attributes
Report Attribute	Details
Base Year:	2023
Building Maintenance Unit Market Size in 2023:	USD 4.1 Billion
Forecast Period:	2024 – 2032
Forecast Period 2024 – 2032 CAGR:	8%
2024 – 2032 Value Projection:	USD 8.3 Billion
Historical Data for:	2018 – 2023
No. of Pages:	260
Tables, Charts & Figures:	280
Segments covered:	Mode of Control, Product, End Users
Growth Drivers:	Rising construction of high-rise buildings & skyscrapers Focus on sustainable building management Stricter safety regulations during building maintenance Advancements in technology
Pitfalls & Challenges:	High initial investments Skilled labor requirements

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Focus on sustainable building management is a significant growth factor for the BMU market. Modern BMUs have technologies, such as microfiber cloths and water filtration systems, which enable effective cleaning with low water consumption. This factor is in line with the industry’s aim of constructing sustainable buildings to lessen the environmental imprint. Some modern BMUs may even harvest rainwater for cleaning, decreasing dependency on municipal water supply while also limiting the environmental effect. Moreover, manufacturers of BMUs are increasingly concentrating on creating & producing models with recyclable or reusable parts. This is consistent with the concepts of a circular economy, which emphasizes waste reduction and resource recovery in the building & maintenance industries.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of building maintenance unit was reached USD 4.1 billion in 2023 and is anticipated to register a CAGR of over 8% between 2024 and 2032, owing to the rising construction of high-rise buildings & skyscrapers.

The cradle segment held around 33% market share in 2023 and is poised for significant growth through 2032, as cradles are versatile and can be used to clean and maintain buildings of varied heights & complexity, ranging from basic window washing to complicated façade restorations.

Asia Pacific dominated the global building maintenance unit market with a share of over 35% in 2023 and will continue to grow through 2032, backed by the rush in high-rise development and a rising demand for BMUs to maintain large structures efficiently & safely.

Akrobat Pte Ltd., Alimak Group, Andrew Engineering, FBA Gomyl, Heightsafe Systems Limited, Jomy, NSS Group, Power Climber, Sky Rider Equipment Inc., Workplace Access Safety, and Zarafa Group Ltd.