Mechanical Electrical and Plumbing Services Market in India 2023-2027

India - Mechanical Electrical and Plumbing Services Market 2023-2027

The India - mechanical electrical and plumbing services market is forecasted to grow by USD 2,280.74 mn during 2022-2027, accelerating at a CAGR of 15.91% during the forecast period. The report on the India - mechanical electrical and plumbing 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 rising renewable energy integration, growth in real estate sector, and maximizing profits in facility operations.

Technavio's India - mechanical electrical and plumbing services market is segmented as below:

By End-user

• Commercial
• Government
• Residential

By Service

• Consulting and engineering
• Maintenance and support
• System integration

This study identifies the emergence of building information modeling as one of the prime reasons driving the India - mechanical electrical and plumbing services market growth during the next few years. Also, economic and regulatory norms and technological advancements in building management systems will lead to sizable demand in the market.

The report on the India - mechanical electrical and plumbing services market covers the following areas:

• India - mechanical electrical and plumbing services market sizing
• India - mechanical electrical and plumbing services market forecast
• India - mechanical electrical and plumbing services market industry analysis

The 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 India - mechanical electrical and plumbing services market vendors that include AEMS ENGINEERS, Anemo Projects Pvt. Ltd, ATOM MEP ENGINEERS PVT LTD, Blue Star Ltd., BR MEP Engineers Pvt. Ltd., CADEOSYS, ELCON INFRASTRUCTURE, INI Infrastructure and Engineering, K.K Technocrats Pvt. Ltd, Mani Engineers Pune, MECELP Project Pvt. Ltd., Meinhardt Group, PillarPlus Pvt. Ltd., QDC India Consulting Pvt Ltd, Sense Projects Pvt. Ltd., Sterling and Wilson Renewable Energy Ltd., The Sona Group, Vaya MEP Engineers Pvt. Ltd., Voltas Ltd., and WSP Global Inc. Also, the India - mechanical electrical and plumbing 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.

The publisher 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. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.