The U.A.E. mechanical, electrical, and plumbing (MEP) services market generated a revenue of $3,025.9 million in 2020, and it is predicted to attain a value of $12,946.9 million by 2030. According to the estimates of P&S Intelligence, a market research firm based in India, the market will advance at a CAGR of 15.7% between 2021 and 2030.
2. The U.A.E. is one of the biggest tourist destinations in the world on account of its
lavish lifestyle, sleek infrastructure, thrilling amusement parks, immersive Arabic
culture, and intriguing ethnic history. As a result, the travel & 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 will likely drive the U.A.E.
mechanical, electrical, and plumbing services market from $3,025.9 million
in 2020 to $12,946.9 million in 2030, at a 15.7% CAGR between 2021 and 2030.
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 (rescheduled for 2021). In addition, the
U.A.E. MEP services market is being driven by the infrastructure development in
the country’s transportation sector, considering the burgeoning number of tourists
and immigrants. With infrastructure construction, the demand for the designing,
installation, and maintenance of various MEP components and systems will keep
rising.
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electrical-plumbing-services-market/report-sample
The COVID-19 pandemic has negatively impacted the U.A.E. MEP services market
on account of the lockdown measures, which have led to a complete halt in
construction activities. Additionally, the manufacturing plant shutdowns around
the world have reduced the supply of MEP components and systems. Moreover,
as most of the hotels and other commercial facilities suspended operations, the
demand for MEP services greatly decreased in the country, thus further hurting
the revenue streams for service providers.
U.A.E. MEP Services Market Segmentation Analysis
The electrical category is set to hold the largest share in the U.A.E. MEP services
market during this decade, based on service type. Every building requires
uninterruptable power supply (UPS) systems, lighting fixtures and control
systems, and heating, ventilation, and air conditioning (HVAC) systems.
Additionally, new and existing buildings are being integrated with building
management systems to conserve energy. As a result, the demand for the
installation and maintenance of electrical systems is increasing in the country.
In the past, the high-voltage (HV)/medium-voltage (MV), and low-voltage (LV)
substations category dominated the U.A.E. MEP services market, on the basis of
electrical services. The management and maintenance of HV/MV/LV substations
are essential for any building, as these systems act as the nerve center for all the
electrical operations within the premises. Further, electrical substation
components are higher priced compared to the electronic components of other
products.
The hospitality category will witness the fastest growth in the U.A.E. MEP services
3. market in the coming years, under the end user segment. The U.A.E. is home to
some of the most-iconic hotels in the world, including the only seven-star hotel,
Burj Al Arab, and Atlantis the Palm. Many more luxurious hotels are under
construction in the country, including WB Abu Dhabi, which is set to be
inaugurated this year.
Browse detailed report with COVID-19 impact analysis on U.A.E.
Mechanical, Electrical and Plumbing Services Market Research Report: By
Service Type (Electrical, Mechanical, Plumbing), End User (Residential,
Retail, Commercial, Industrial, Government, Healthcare, Hospitality) -
Industry Analysis and Growth Forecast to 2030 @
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electrical-plumbing-services-market
The most-significant companies in the U.A.E. MEP services market are Al Shafar
United Electromechanical Engineering L.L.C. (ASU), SPECON, BK Gulf LLC, AL
SHIRAWI ELECTRICAL & MECHANICAL ENGINEERING COMPANY, ALEMCO,
Horizon Gulf Electromechanical Services L.L.C., Al-Futtaim Engineering Company
LLC, Elemec Electrical Contracting LLC, James L Williams Middle East (JLW), and
GECO Mechanical & Electrical Ltd.
Key Findings of U.A.E. MEP Services Market Report
• Construction boom driving demand for MEP services in U.A.E.
• Requirement for plumbing services to grow fastest in coming years
• Demand for MEP services highest in commercial spaces
• Smart and energy-efficient HVAC systems key market trends
• District cooling systems offering lucrative opportunities to players
• Market has fragmented nature due to existence of numerous companies
Market Size Breakdown by Segments
Based on Service Type
• Electrical
o HV / MV /LV Substations
o UPS Systems
o Lighting Design and Control
o Building Management Systems
o Telephone, Data, and IT Systems
o Security Systems
o Audio Visual Systems
o Home Automation
• Mechanical
o HVAC
o Fire Protection and Suppression
o Sewage Treatment Plants
o Water Treatment Plants
o Irrigation Systems
o District Cooling