Mechanical Electrical
                     Mechanical Electrical & Plumbing (MEP) Services Market Opportunities, Share Analysis Up To 2026 
Market Overview 
Global mechanical, electrical, and plumbing (MEP) services market is consistently driven by increasing 
infrastructural development worldwide. Mechanical, electrical and plumbing services, including 
designing, implementation, and maintenance form an integral part of the residential, commercial, and 
government buildings. Increasing infrastructure development in emerging economies and the 
requirement of the developed economies to upgrade their existing infrastructure is in turn expected to 
create highly conducive environment for growth of the global mechanical, electrical, and plumbing 
(MEP) services market. 
According to World Bank Group, the global urban population growth rate has declined, which witnessed 
growth of over 2% in 2016. However, the global urban population accounted for over 54% of the globe 
in 2016. According to UN projections, this is expected to witness considerable surge in the years and will 
account for 66% of the global population by 2050. Increasing urbanization will present significant 
demand for the infrastructural development over the next few years. In conjunction with the 
development of residential facilities, requirement to avail the basic amenities of income and livelihood 
will drive demand for commercial and MEP services market over the forecast period. 
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Market Dynamics 
Considerable reduction of risks through outsourcing of business operations to MEP services market 
participants is expected to drive the growth of the business. These vendors handle the mechanical, 
electrical and plumbing associated tasks with the end users can maintain their focus on their core 
activities for the construction development. End user problems associated with the training, 
maintaining, and retaining the skilled workforce is considerably reduced. Moreover, expertise of these 
businesses in the quality and durability of the projects within the stipulated time and costs is expected 
to be prominent growth factor fueling the industry growth. 
Preplanning the design layouts and associated approximation of the cots can be approximated at the 
project initiation. However, these 3D modeling and virtual project planning aids the participants in 
gaining better approximations and explore design defects. Moreover, the related costs associated with 
the project prototyping, layout designs and time required is significantly reduced. Thus, virtual project 
planning has gained significant traction in the industry, is expected to be among the key trends that will 
help the participants garner better margins. 
Increasing infrastructure investments in the developing economies, specifically in the BRIC nations and 
the requirement to implement energy efficient and reliable building designs are expected to be the 
major factor driving the growth of the business segment. 
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Chief industry participants in the Global Mechanical, Electrical, and Plumbing (MEP) Services Market 
includes, EMCOR, Global Facility Solutions, Macro, MEP Engineering, and WSP. Mergers and 
acquisitions, acquiring service contracts and establishing long term partnerships with the major 
construction industry participants is expected to remain the major focus of the industry participants 
to strengthen their industry foothold over the next few years. For instance in May 2012, EMCOR 
completely acquired Dalkia India, to expand its regional consumer base in India. 
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