What companies use in Mechanical, Electrical, and Plumbing (MEP) Services Industry? – Rust Wire
Rampant Urbanization to Boost Mechanical, Electrical, and Plumbing (MEP) Services Market Growth
Mechanical Electrical and Plumbing (MEP) Services include planning, designing and managing various MEP systems of the building. MEP services are gaining momentum with the increasing integration of BIM (Building Information Modeling) into building construction, planning and management. MEP services are an integral part of residential, commercial and government buildings.
Market dynamics:
Rapid urbanization in emerging economies and proliferation of infrastructure projects (such as the rise of smart cities) are expected to drive the growth of the market for mechanical, electrical and plumbing (MEP) services. For example, the Government of India launched ‘100 Smart Cities Mission’ (an urban regeneration and renovation program), which aims to tackle the key problems posed by India’s rapid urbanization by 2022.
In addition, an increasing number of construction projects worldwide and increasing investment in infrastructure are expected to drive the growth of the mechanical, electrical and plumbing (MEP) services market. For example, Qatar is building nine new football stadiums for the FIFA World 2022. In addition, SG Blocks received a US$2.9 million contract in September 2020 to supply 7 modular buildings in New Mexico.
Asia Pacific is expected to see robust growth in the mechanical, electrical and plumbing (MEP) services market as a result of increasing infrastructure activity and increasing infrastructure investment in the region, especially in India and China. For example, China approved 26 infrastructure projects with a total projected investment of about 981.7 billion yuan (US$142 billion) in 2019.
Competitive Analysis:
Major players in the mechanical, electrical and plumbing (MEP) services market include EMCOR, WSP, MEP Engineering, Macro and Global Facility Solutions.
Major players in the market adopt various strategies such as product launch, merger and acquisition, business expansion, etc. to strengthen their market position. For example, in February 2021 Robertson Construction appointed engineering and service company HE Simm to supply the Mechanical, Electrical and Public Health (MEP) installation in Holland Park, Glasgow for end customer Moda Living.
In February 2021, Emrill received a three-year contract from Arada to provide MEP, heating, ventilation and air conditioning (HVAC), lifeguard, housekeeping and specialist services for several locations within Aljada, including the Aljada Discovery Centre.
In February 2021, REX Engineering Group merged with Integrated Construction Company and Edwards Construction Services to form REX Construction Services.
In February 2019, Ei Design, Inc. an agreement to acquire Wright Engineers’ MEP business to enhance its best-in-class platform in the commercial MEP engineering industry.
The main manufacturers in this industry are: EMCOR, Global Facility Solutions, Macro, MEP Engineering and WSP. M&A,
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Frequently Asked Questions (FAQ):
Is the market for mechanical, electrical and plumbing (MEP) services booming in the near future?
Yes, Market will grow in the near future
What are the leading Mechanical, Electrical and Plumbing (MEP) Services market players around the world? Can I add a specific company?
Yes, You can add Specific Company up to and including 3 Businesses.
Companies covered in this study include: EMCOR, Global Facility Solutions, Macro, MEP Engineering and WSP. M&A,,
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What geographic segmentation is covered in the market report?
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East
- Africa
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