PUBLISHER: TechNavio | PRODUCT CODE: 1128205
PUBLISHER: TechNavio | PRODUCT CODE: 1128205
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Global Mechanical Electrical And Plumbing Services Market In India 2022-2026
Technavio has been monitoring the mechanical electrical and plumbing services market in India and it is poised to grow by $2.01 bn during 2022-2026, decelerating at a CAGR of 16.31% during the forecast period. Our report on the mechanical electrical and plumbing services market in India provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis of the current country's market scenario, the latest trends and drivers, and the overall market environment. The market is driven by risk minimization through outsourcing, growth in the real estate sector, and maximizing profits in facility operations.
The mechanical electrical and plumbing services market in India analysis includes end-user segment and geographic landscape.
Technavio's mechanical electrical and plumbing services market in India is segmented as below:
By End-user
By Service
This study identifies the evolving nature of service contracts as one of the prime reasons driving the mechanical electrical and plumbing services market in India's growth during the next few years. Also, economic and regulatory norms and technological advances in building management systems will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the mechanical electrical and plumbing services market in India covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading mechanical electrical and plumbing services market in India vendors that include AEMS ENGINEERS, ATOM MEP ENGINEERS PVT LTD, Blue Star Ltd, BR MEP Engineers Pvt. Ltd., ELCON INFRASTRUCTURE, KK TECHNOCRATS PVT LTD, Mani Engineers Pune, MECELP Project Pvt. Ltd., Meinhardt Group, MEP Engineering Inc., PillarPlus Pvt. Ltd., Sense Projects Pvt. Ltd., Sterling and Wilson Pvt Ltd, Vaya MEP Engineers Pvt. Ltd., Vee Technologies Pvt. Ltd., VK Building Services Pvt. Ltd., Voltas Ltd, WSP Global Inc., and INI Infrastructure and Engineering. Also, the mechanical electrical and plumbing services market in India analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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