Global MEP Services Market 2023-2027

Description

List of Tables

Technavio has been monitoring the MEP services market and is forecast to grow by $ 80.54 bn during 2022-2027, accelerating at a CAGR of 11.5% during the forecast period. Our report on the MEP services market 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 regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by risk minimization through outsourcing, increasing demand for residential and non-residential real estate construction, and maximizing profits in facility operations.

Technavio's MEP services market is segmented as below:

By Service

Consulting and engineering
Maintenance and support
System integration

By End-user

Commercial
Government
Residential

By Geographical Landscape

North America
APAC
Europe
South America
Middle East and Africa

This study identifies the evolving nature of service contracts as one of the prime reasons driving the MEP services market growth during the next few years. Also, economic and regulatory norms and technology advancements 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 MEP services market covers the following areas:

MEP services market sizing
MEP services market forecast
MEP services market industry analysis

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 MEP services market vendors that include AECOM, Camelot Facility and Property Management, Caravan Facilities Management LLC, Choice Maintenace, Continuum Services, Crockett Facilities Services Inc., Dohn Engineering PLC, Ecolab Inc., EI Design Pvt. Ltd., EMCOR Group Inc., GDI Integrated Facility Services, Global Facility Solutions LLC, Knight FM, M and W Group GmbH, MEP Engineering Inc., NV5 Global Inc., Resolute Engineering, Sterling and Wilson Pvt. Ltd., WSP Global Inc., and XS CAD Ltd. Also, the MEP services market 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.

Product Code: IRTNTR74799

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Service
Exhibit 06: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global MEP services market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global MEP services market 2017 - 2021 ($ billion)
4.2 Service Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Service Segment 2017 - 2021 ($ billion)
4.3 End-user Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - End-user Segment 2017 - 2021 ($ billion)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ billion)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Service

6.1 Market segments
Exhibit 30: Chart on Service - Market share 2022-2027 (%)
Exhibit 31: Data Table on Service - Market share 2022-2027 (%)
6.2 Comparison by Service
Exhibit 32: Chart on Comparison by Service
Exhibit 33: Data Table on Comparison by Service
6.3 Consulting and engineering - Market size and forecast 2022-2027
Exhibit 34: Chart on Consulting and engineering - Market size and forecast 2022-2027 ($ billion)
Exhibit 35: Data Table on Consulting and engineering - Market size and forecast 2022-2027 ($ billion)
Exhibit 36: Chart on Consulting and engineering - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Consulting and engineering - Year-over-year growth 2022-2027 (%)
6.4 Maintenance and support - Market size and forecast 2022-2027
Exhibit 38: Chart on Maintenance and support - Market size and forecast 2022-2027 ($ billion)
Exhibit 39: Data Table on Maintenance and support - Market size and forecast 2022-2027 ($ billion)
Exhibit 40: Chart on Maintenance and support - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Maintenance and support - Year-over-year growth 2022-2027 (%)
6.5 System integration - Market size and forecast 2022-2027
Exhibit 42: Chart on System integration - Market size and forecast 2022-2027 ($ billion)
Exhibit 43: Data Table on System integration - Market size and forecast 2022-2027 ($ billion)
Exhibit 44: Chart on System integration - Year-over-year growth 2022-2027 (%)
Exhibit 45: Data Table on System integration - Year-over-year growth 2022-2027 (%)
6.6 Market opportunity by Service
Exhibit 46: Market opportunity by Service ($ billion)

7 Market Segmentation by End-user

7.1 Market segments
Exhibit 47: Chart on End-user - Market share 2022-2027 (%)
Exhibit 48: Data Table on End-user - Market share 2022-2027 (%)
7.2 Comparison by End-user
Exhibit 49: Chart on Comparison by End-user
Exhibit 50: Data Table on Comparison by End-user
7.3 Commercial - Market size and forecast 2022-2027
Exhibit 51: Chart on Commercial - Market size and forecast 2022-2027 ($ billion)
Exhibit 52: Data Table on Commercial - Market size and forecast 2022-2027 ($ billion)
Exhibit 53: Chart on Commercial - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Commercial - Year-over-year growth 2022-2027 (%)
7.4 Government - Market size and forecast 2022-2027
Exhibit 55: Chart on Government - Market size and forecast 2022-2027 ($ billion)
Exhibit 56: Data Table on Government - Market size and forecast 2022-2027 ($ billion)
Exhibit 57: Chart on Government - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on Government - Year-over-year growth 2022-2027 (%)
7.5 Residential - Market size and forecast 2022-2027
Exhibit 59: Chart on Residential - Market size and forecast 2022-2027 ($ billion)
Exhibit 60: Data Table on Residential - Market size and forecast 2022-2027 ($ billion)
Exhibit 61: Chart on Residential - Year-over-year growth 2022-2027 (%)
Exhibit 62: Data Table on Residential - Year-over-year growth 2022-2027 (%)
7.6 Market opportunity by End-user
Exhibit 63: Market opportunity by End-user ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 65: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 66: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 67: Chart on Geographic comparison
Exhibit 68: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 APAC - Market size and forecast 2022-2027
Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.5 Europe - Market size and forecast 2022-2027
Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 85: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 86: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 87: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 China - Market size and forecast 2022-2027
Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)
9.10 Japan - Market size and forecast 2022-2027
Exhibit 97: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
Exhibit 98: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
Exhibit 99: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.11 South Korea - Market size and forecast 2022-2027
Exhibit 101: Chart on South Korea - Market size and forecast 2022-2027 ($ billion)
Exhibit 102: Data Table on South Korea - Market size and forecast 2022-2027 ($ billion)
Exhibit 103: Chart on South Korea - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on South Korea - Year-over-year growth 2022-2027 (%)
9.12 Germany - Market size and forecast 2022-2027
Exhibit 105: Chart on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 106: Data Table on Germany - Market size and forecast 2022-2027 ($ billion)
Exhibit 107: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 108: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 109: Market opportunity By Geographical Landscape ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 110: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 111: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 112: Overview on factors of disruption
11.4 Industry risks
Exhibit 113: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 114: Vendors covered
12.2 Market positioning of vendors
Exhibit 115: Matrix on vendor position and classification
12.3 Camelot Facility and Property Management
Exhibit 116: Camelot Facility and Property Management - Overview
Exhibit 117: Camelot Facility and Property Management - Product / Service
Exhibit 118: Camelot Facility and Property Management - Key offerings
12.4 Caravan Facilities Management LLC
Exhibit 119: Caravan Facilities Management LLC - Overview
Exhibit 120: Caravan Facilities Management LLC - Product / Service
Exhibit 121: Caravan Facilities Management LLC - Key offerings
12.5 Choice Maintenace
Exhibit 122: Choice Maintenace - Overview
Exhibit 123: Choice Maintenace - Product / Service
Exhibit 124: Choice Maintenace - Key offerings
12.6 Continuum Services
Exhibit 125: Continuum Services - Overview
Exhibit 126: Continuum Services - Product / Service
Exhibit 127: Continuum Services - Key offerings
12.7 Crockett Facilities Services Inc.
Exhibit 128: Crockett Facilities Services Inc. - Overview
Exhibit 129: Crockett Facilities Services Inc. - Product / Service
Exhibit 130: Crockett Facilities Services Inc. - Key offerings
12.8 Dohn Engineering PLC
Exhibit 131: Dohn Engineering PLC - Overview
Exhibit 132: Dohn Engineering PLC - Product / Service
Exhibit 133: Dohn Engineering PLC - Key offerings
12.9 Ecolab Inc.
Exhibit 134: Ecolab Inc. - Overview
Exhibit 135: Ecolab Inc. - Business segments
Exhibit 136: Ecolab Inc. - Key news
Exhibit 137: Ecolab Inc. - Key offerings
Exhibit 138: Ecolab Inc. - Segment focus
12.10 EMCOR Group Inc.
Exhibit 139: EMCOR Group Inc. - Overview
Exhibit 140: EMCOR Group Inc. - Business segments
Exhibit 141: EMCOR Group Inc. - Key offerings
Exhibit 142: EMCOR Group Inc. - Segment focus
12.11 GDI Integrated Facility Services
Exhibit 143: GDI Integrated Facility Services - Overview
Exhibit 144: GDI Integrated Facility Services - Product / Service
Exhibit 145: GDI Integrated Facility Services - Key offerings
12.12 Global Facility Solutions LLC
Exhibit 146: Global Facility Solutions LLC - Overview
Exhibit 147: Global Facility Solutions LLC - Product / Service
Exhibit 148: Global Facility Solutions LLC - Key offerings
12.13 Knight FM
Exhibit 149: Knight FM - Overview
Exhibit 150: Knight FM - Product / Service
Exhibit 151: Knight FM - Key offerings
12.14 M and W Group GmbH
Exhibit 152: M and W Group GmbH - Overview
Exhibit 153: M and W Group GmbH - Business segments
Exhibit 154: M and W Group GmbH - Key offerings
Exhibit 155: M and W Group GmbH - Segment focus
12.15 MEP Engineering Inc.
Exhibit 156: MEP Engineering Inc. - Overview
Exhibit 157: MEP Engineering Inc. - Product / Service
Exhibit 158: MEP Engineering Inc. - Key offerings
12.16 Resolute Engineering
Exhibit 159: Resolute Engineering - Overview
Exhibit 160: Resolute Engineering - Product / Service
Exhibit 161: Resolute Engineering - Key offerings
12.17 WSP Global Inc.
Exhibit 162: WSP Global Inc. - Overview
Exhibit 163: WSP Global Inc. - Business segments
Exhibit 164: WSP Global Inc. - Key news
Exhibit 165: WSP Global Inc. - Key offerings
Exhibit 166: WSP Global Inc. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 167: Inclusions checklist
Exhibit 168: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 169: Currency conversion rates for US$
13.4 Research methodology
Exhibit 170: Research methodology
Exhibit 171: Validation techniques employed for market sizing
Exhibit 172: Information sources
13.5 List of abbreviations
Exhibit 173: List of abbreviations