The MEP Market is segmented By Service Type (Electrical, HV / MV /LV Substations, UPS Systems, Lighting Design and Control, Building Management Systems, Telephone, Data, and IT Systems, Security Systems, Audio Visual Systems, Home Automation; Mechanical, HVAC, Fire Protection and Suppression, Sewage Treatment Plants, Water Treatment Plants, Irrigation Systems, District Cooling; Plumbing), By End-User (Residential, Retail, Commercial, Industrial, Government, Healthcare, Hospitality) and By Geography (States).
US MEP Services Market shall reach a value of $X Million in 2032, growing with a CAGR of X% during the forecast period of 2022 to 2032
The MEP Services accounts for services regarding planning, design, management, installation, and maintenance of the MEP System of a building.
Mechanical services encompass the heating, ventilation, and air conditioning (HVAC) of a building, and the fire protection systems, elevators, and escalators; providing a comfortable and convenient atmosphere to the dwellers.
Electrical services account for lighting, security systems, power distribution, and communication systems. This system is responsible for the continuous flow of electricity and the effective working of the security systems.
Water supply, drainage, sewage systems, gas supply, and fire extinguishing systems are counted under the plumbing services. These systems ensure a safe and clean water supply as well as the proper functioning of fire suppression systems.
New government rules focused on energy efficiency drives the US MEP Services Market
With the rising groove of energy-efficient and sustainable buildings in the US, the market for MEP Services is also flourishing. A range of new government laws and programs are focused on energy efficiency and sustainability, for which the US Government has also set aside funds to revamp the inefficient heating and cooling systems of the State Schools in the US.
The US Government has launched a credit system program known as the LEED Certification Program. The credits are awarded for use of energy-efficient HVAC equipment, energy-optimizing systems, and low-flow plumbing pipes to optimize water consumption. This program has driven the demand for MEP services in the United States.
Growing awareness for clean Indoor Air Quality surges the demand for innovations in MEP Services
Another factor responsible for the growth of the MEP Services Market in the US is the growing awareness of the need for better indoor air quality. This has led to greater investment in MEP Systems to provide quality indoor air and improved living, resulting in the incorporation of smart building technologies.
Expansion and growth of the construction and infrastructure industry also contribute to the MEP Services Market, as the construction industry in the US remains to grow steadily because of the growing population, urbanization, and economic development.
There has been a revived focus on indoor air quality in building post-COVID-19 Pandemic. Technologically-advanced MEP systems now play a vital role in taking care of air quality levels by controlling the humidity, temperature, and ventilation in buildings.
Shortage of skilled workers poses a problem for the industry
The States has been going through a lack of construction workforce in recent years. The factors leading to the downfall of the workforce are the aging of the current class, and the lack of younger workers to replace the ones reaching retirement age.
This has resulted in stagnation among the workforce as they lack the necessary skills and knowledge to carry out complicated construction projects.
The schools in the United States have cut back the training programs and skill-enhancing workshops, which poses a challenge as young people are deprived of basic life skills such as carpentry, electrical work, and plumbing; skills needed for entering the construction industry.
Regulations and new rules by the United States government regarding building codes can be slow to implement, which in turn can limit the adaptation of innovative technologies in the construction industry.
Green Construction is the upcoming trend in the States
Almost every new construction project is incorporating renewable energy technologies, such as solar energy collectors and wind turbines, to generate electricity and store the power in a sustainable way, thereby reducing their dependence on fossil fuels, which lead to carbon emissions.
The US Government is also incorporating the use of Green Materials, such as low-VOC paints and zero-VOC paints, which are not only environmentally safe but also prevent indoor air quality problems as they are organic.
The buildings which are being built now are being designed with keeping water conservation in mind, features such as rainwater harvesting systems and low-flow plumbing pipes and fixtures are being incorporated in the residential as well as commercial dwellings.
This trend of energy efficiency, renewable energy, green products, water conservation, and green certification is expected to continue to boost in the forthcoming years.
The largest market for MEP Services in the United States depends on the region and the state.
But, depending on the population density, urbanization, and economic activities, the North-East and the West-Coast regions of the US constitute the largest market of MEP Services.
These regions constitute the cities like New York City, San Francisco, Boston, and Los Angeles.
The states of Florida, Georgia, and Texas, from the South-East Region, have seen prominent growth in recent years in infrastructural activities, resulting in an increased demand for MEP Services.
The competitive landscape of the MEP Services Market in the United States is dominated by a few major players both global and local. Examples of the Global MEP Services Market are WSP and M+W, some local market players are the Brewer-Garrett Company and Stantec Inc.
We also notice the trend of market consolidation as most of the smaller companies are acquired by larger ones to capture the maximum market share.
The customer base of MEP service varies from commercial customers, and industrial clients to government institutions, educational premises, hospitals, and clinics; making it altogether a diverse client base.
Recent Strategic Developments
Years considered for this report
US MEP Services Market Research Report Analysis Highlights
US MEP Services Market Segments
By Service Type (Revenue, USD Million, 2022 - 2032)
By End-user (Revenue, USD Million, 2022 - 2032)
By Geography (Revenue, USD Million, 2022 - 2032)
US MEP Services Market Companies
Available Versions of US MEP Services Market Report:
Global MEP Services Market Research Report
India MEP Services Market Research Report
UAE MEP Services Market Research Report
GCC MEP Services Market Research Report
APAC MEP Services Market Research Report
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