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