Future Client Needs

Demand Trends

Current Client Needs

  • Facility managers focusing on up-skilling Electrical service offerings

Key Competitor Offerings

Key CBRE Offerings

Market Outlook

Ver 1.0 (May 24)

Confidential & Proprietary | 2024 CBRE Inc.

  • Avoid downtime at facilities due to unmaintained electrical equipment
  • Cost control given inflationary pressure the past few years
  • Provide guidance on how to best maintain electrical equipment
  • Project continuity and avoiding demobilization of electricians
  • Clients need Electrician support for both small ad-hoc projects (moving a circuit) as well as large Electrical projects / PM work (switchgear maintenance)
  • Reduced energy usage, more efficient designs and equipment
  • Retro fitting aging electrical equipment with new efficient products
  • Predictive maintenance / smart technology implementation
  • Data centers need concentrated power – strains the buildings current electrical distribution systems
  • Recruiting and retaining talent will be a continued challenge given an aging workforce
  • Forecasted cost of copper continues to rise
  • Impending wave of Electrical work related to EV charging station installations
  • Green energy is not growing fast enough
  • Data center hyper growth
  • Maintenance certification for EVC is challenging due to the many OEMs
  • Supplier Selection Tool showcasing suppliers globally by service performed and location
  • Electrical Category Calculator providing benchmark pricing globally for Electrical maintenance services (beyond just T&M rates)
  • Pre-vetted supplier partners allows for quick scale on large projects or client emergencies
  • Global / Regional / Local consistency in supplier partners
  • PM scopes for commonly used equipment
  • EV Innovation Design Center allows CBRE technician training
  • Less reliance on commercially generated electric
  • Finding new innovative ways to approach a traditional hard services category
  • Incorporating ESG components into the facilities to increase green energy and reduce carbon footprint
  • Ensuring enough electrical capacity for EV charging stations, solar panels and other alternative energy and storage systems

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Market Intelligence  

Electrical

Industry Trends

Market Intelligence