Growth of the Mechanical, Electrical and Plumbing Services Market in U.A.E.

Mechanical, Electrical and Plumbing Services Market in U.A.E. To Generate Revenue Worth $12,946.9 Million by 2030

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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.

Get the sample copy of this report at: https://www.psmarketresearch.com/market-analysis/uae-mechanicalelectrical-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

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 @ https://www.psmarketresearch.com/market-analysis/uae-mechanicalelectrical-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

•

Plumbing

Based on End User • •

Residential Retail

•

Commercial

•

Industrial

•

Government

•

Healthcare

•

Hospitality

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