$3+ Billion U.A.E. Mechanical, Electrical and Plumbing

Dublin, July 19, 2021 (GLOBE NEWSWIRE) — The “Mechanical, Electrical and Plumbing Services Market Research Report in UAE: By Service Type (Electrical, Mechanical, Plumbing), End User (Residential, Retail, Commercial, Industrial, Government, Healthcare, Hospitality) – Sector Analysis and Growth Forecast to 2030 report has been added to ResearchAndMarkets.com’s to offer.

The UAE is one of the top tourist destinations in the world due to its lavish lifestyle, tight infrastructure, exciting theme parks, immersive Arab culture and intriguing ethnic history. As a result, the travel and tourism sector contributed 5.2% to the country’s gross domestic product (GDP) in 2016, a share that the government wants to increase further. Therefore, the resulting construction of infrastructure in this sector is likely to drive the mechanical, electrical and plumbing services market in the UAE from $3,025.9 million in 2020 to $12,946.9 million in 2030, growing at a CAGR of 15.7% between 2021 and 2030, according to the market research report.

Much of the infrastructure development is being carried out under the Dubai Tourism Vision 2020 and Sharjah Tourism Vision 2021 programs and as part of the preparations for the Dubai Expo 2020 (moved to 2021). Moreover, the UAE’s MEP service market is driven by the infrastructure development in the country’s transportation sector given the rapidly growing number of tourists and immigrants. With the construction of infrastructure, the demand for designing, installing and maintaining various MEP components and systems will continue to increase.

The COVID-19 pandemic has negatively impacted the UAE’s MEP services market due to lockdown measures, which have resulted in a complete shutdown of construction activities. In addition, plant closures around the world have reduced the supply of MEP components and systems. In addition, as most hotels and other commercial facilities shut down, the demand for MEP services in the country declined sharply, further affecting revenue streams for service providers.

The hospitality category will see the fastest growth in the UAE’s MEP service market, among the end-user segment, in the coming years. The UAE is home to some of the most iconic hotels in the world, including its only seven-star hotel, Burj Al Arab, and Atlantis the Palm. There are many more luxury hotels under construction in the country, including WB Abu Dhabi, to be inaugurated this year.

The major companies in the MEP service market in the UAE are Al Shafar United Electromechanical Engineering LLC (ASU), SPECON, BK Gulf LLC, AL SHIRAWI ELECTRICAL & MECHANICAL ENGINEERING COMPANY, ALEMCO, Horizon Gulf Electromechanical Services LLC, Al-Futtaim Engineering Company LLC , Elemec Electrical Contracting LLC, James L Williams Middle East (JLW) and GECO Mechanical & Electrical Ltd.

Main topics covered:

Chapter 1. Research Background

Chapter 2. Research methodology

Chapter 3. Summary
3.1 Definition of market segments
3.1.1 By service type Mechanical Electric Plumbing
3.1.2 By end user Residential Retail Commercial Industrial Government Healthcare Hospitality Other
3.2 Market dynamics
3.2.1 Trends Adoption of smart HVAC systems Demand for energy efficient HVAC systems
3.2.2 Drivers Growing hospitality industry Increasing construction projects in the transport sector
3.2.3 Restriction Lack of skilled professionals Impact analysis of market forecast constraints
3.2.4 Opportunities Increasing popularity of district cooling Public expenditure on infrastructure
3.3 Impact of COVID-19
3.3.1 Overview construction sector
3.4 Porter’s Five Forces Analysis
3.4.1 Buyer’s bargaining power
3.4.2 Supplier bargaining power
3.4.3 Threat of newcomers
3.4.4 Intensity of rivalry
3.4.5 Threat of Substitutions

Chapter 4. Megaprojects and MEP opportunities

Chapter 5. Market Size and Forecast UAE
5.1 By service type
5.1 UAE Mechanical Services Market Segment By Application:
5.1.2 UAE Electrical Services Market Segment By Application:
5.2 By end user

Chapter 6. Competitive Landscape
6.1 List of players and offers
6.2 Player comparison
6.3 Strategic developments of key players

Chapter 7. Company Profiles
7.1 Al Shafar United Electromechanical Engineering LLC
7.1.1 Company overview
7.1.2 Product and service offers
7.2 BK Gulf LLC
7.2.1 Company overview
7.2.2 Product and service offers
7.3.1 Company overview
7.3.2 Product and service offers
7.4 Al Shirawi Electrical & Mechanical Engineering Company
7.4.1 Company overview
7.4.2 Product and service offers
7.5 Horizon Gulf Electromechanical Services LLC
7.5.1 Company overview
7.5.2 Product and service offers
7.6.1 Company overview
7.6.2 Product and service offers
7.7.1 Company overview
7.7.2 Product and service offers
7.8 James L Williams Middle East (JLW)
7.8.1 Company overview
7.8.2 Product and service offers
7.9.1 Company overview
7.9.2 Product and service offers
7.10 GECO Mechanical & Electrical Ltd.
7.10.1 Company overview
7.10.2 Product and Service Offerings

Chapter 8. Appendix

For more information about this report, visit https://www.researchandmarkets.com/r/q1h2cb

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