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Mechanical Electrical and Plumbing Services Market in India 2024-2028

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    Report

  • 133 Pages
  • August 2024
  • Region: India
  • TechNavio
  • ID: 5311055
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The mechanical electrical and plumbing services market in india is forecasted to grow by USD 5.27 billion during 2023-2028, accelerating at a CAGR of 25.79% during the forecast period. The report on the mechanical electrical and plumbing services market in india 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.

The mechanical electrical and plumbing services market in india is segmented as below:

By End-user

  • Commercial
  • Government
  • Residential

By Service

  • Consulting and engineering
  • Maintenance and support
  • System integration

By Geographical Landscape

  • APAC
This study identifies the emergence of building information modeling as one of the prime reasons driving the mechanical electrical and plumbing services market in india 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 mechanical electrical and plumbing services market in india covers the following areas:

  • Mechanical electrical and plumbing services market in india sizing
  • Mechanical electrical and plumbing services market in india forecast
  • Mechanical electrical and plumbing services market in india industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading mechanical electrical and plumbing services market in india 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 mechanical electrical and plumbing services market in india 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 report 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.

Table of Contents

1 Executive Summary
1.1 Market overview
  • Executive Summary - Chart on Market Overview
  • Executive Summary - Data Table on Market Overview
  • Executive Summary - Chart on Country Market Characteristics
  • Executive Summary - Chart on Market Segmentation by End-user
  • Executive Summary - Chart on Market Segmentation by Service
  • Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
  • Parent Market
  • Data Table on - Parent Market
2.2 Market characteristics
  • Market characteristics analysis
2.3 Value chain analysis
  • Value Chain Analysis
3 Market Sizing
3.1 Market definition
  • Offerings of companies included in the market definition
3.2 Market segment analysis
  • Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
  • Chart on India - Market size and forecast 2023-2028 ($ million)
  • Data Table on India - Market size and forecast 2023-2028 ($ million)
  • Chart on India: Year-over-year growth 2023-2028 (%)
  • Data Table on India: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Mechanical Electrical And Plumbing Services Market in India 2018 - 2022
  • Historic Market Size - Data Table on Mechanical Electrical And Plumbing Services Market in India 2018 - 2022 ($ million)
4.2 End-user segment analysis 2018 - 2022
  • Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.3 Service segment analysis 2018 - 2022
  • Historic Market Size - Service Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
  • Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
  • Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
  • Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
  • Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
  • Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
  • Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
  • Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by End-user
6.1 Market segments
  • Chart on End-user - Market share 2023-2028 (%)
  • Data Table on End-user - Market share 2023-2028 (%)
6.2 Comparison by End-user
  • Chart on Comparison by End-user
  • Data Table on Comparison by End-user
6.3 Commercial - Market size and forecast 2023-2028
  • Chart on Commercial - Market size and forecast 2023-2028 ($ million)
  • Data Table on Commercial - Market size and forecast 2023-2028 ($ million)
  • Chart on Commercial - Year-over-year growth 2023-2028 (%)
  • Data Table on Commercial - Year-over-year growth 2023-2028 (%)
6.4 Government - Market size and forecast 2023-2028
  • Chart on Government - Market size and forecast 2023-2028 ($ million)
  • Data Table on Government - Market size and forecast 2023-2028 ($ million)
  • Chart on Government - Year-over-year growth 2023-2028 (%)
  • Data Table on Government - Year-over-year growth 2023-2028 (%)
6.5 Residential - Market size and forecast 2023-2028
  • Chart on Residential - Market size and forecast 2023-2028 ($ million)
  • Data Table on Residential - Market size and forecast 2023-2028 ($ million)
  • Chart on Residential - Year-over-year growth 2023-2028 (%)
  • Data Table on Residential - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by End-user
  • Market opportunity by End-user ($ million)
  • Data Table on Market opportunity by End-user ($ million)
7 Market Segmentation by Service
7.1 Market segments
  • Chart on Service - Market share 2023-2028 (%)
  • Data Table on Service - Market share 2023-2028 (%)
7.2 Comparison by Service
  • Chart on Comparison by Service
  • Data Table on Comparison by Service
7.3 Consulting and engineering - Market size and forecast 2023-2028
  • Chart on Consulting and engineering - Market size and forecast 2023-2028 ($ million)
  • Data Table on Consulting and engineering - Market size and forecast 2023-2028 ($ million)
  • Chart on Consulting and engineering - Year-over-year growth 2023-2028 (%)
  • Data Table on Consulting and engineering - Year-over-year growth 2023-2028 (%)
7.4 Maintenance and support - Market size and forecast 2023-2028
  • Chart on Maintenance and support - Market size and forecast 2023-2028 ($ million)
  • Data Table on Maintenance and support - Market size and forecast 2023-2028 ($ million)
  • Chart on Maintenance and support - Year-over-year growth 2023-2028 (%)
  • Data Table on Maintenance and support - Year-over-year growth 2023-2028 (%)
7.5 System integration - Market size and forecast 2023-2028
  • Chart on System integration - Market size and forecast 2023-2028 ($ million)
  • Data Table on System integration - Market size and forecast 2023-2028 ($ million)
  • Chart on System integration - Year-over-year growth 2023-2028 (%)
  • Data Table on System integration - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by Service
  • Market opportunity by Service ($ million)
  • Data Table on Market opportunity by Service ($ million)
8 Customer Landscape
8.1 Customer landscape overview
  • Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
  • Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
  • Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
  • Overview on factors of disruption
10.4 Industry risks
  • Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
  • Companies covered
11.2 Market positioning of companies
  • Matrix on companies position and classification
11.3 AEMS ENGINEERS
  • AEMS ENGINEERS - Overview
  • AEMS ENGINEERS - Product / Service
  • AEMS ENGINEERS - Key offerings
11.4 ATOM MEP ENGINEERS PVT LTD
  • ATOM MEP ENGINEERS PVT LTD - Overview
  • ATOM MEP ENGINEERS PVT LTD - Product / Service
  • ATOM MEP ENGINEERS PVT LTD - Key offerings
11.5 Blue Star Ltd.
  • Blue Star Ltd. - Overview
  • Blue Star Ltd. - Business segments
  • Blue Star Ltd. - Key news
  • Blue Star Ltd. - Key offerings
  • Blue Star Ltd. - Segment focus
11.6 BR MEP Engineers Pvt. Ltd.
  • BR MEP Engineers Pvt. Ltd. - Overview
  • BR MEP Engineers Pvt. Ltd. - Product / Service
  • BR MEP Engineers Pvt. Ltd. - Key offerings
11.7 CADEOSYS
  • CADEOSYS - Overview
  • CADEOSYS - Product / Service
  • CADEOSYS - Key offerings
11.8 ELCON INFRASTRUCTURE
  • ELCON INFRASTRUCTURE - Overview
  • ELCON INFRASTRUCTURE - Product / Service
  • ELCON INFRASTRUCTURE - Key offerings
11.9 INI Infrastructure and Engineering
  • INI Infrastructure and Engineering - Overview
  • INI Infrastructure and Engineering - Product / Service
  • INI Infrastructure and Engineering - Key offerings
11.10 K.K Technocrats Pvt. Ltd
  • K.K Technocrats Pvt. Ltd - Overview
  • K.K Technocrats Pvt. Ltd - Product / Service
  • K.K Technocrats Pvt. Ltd - Key offerings
11.11 Mani Engineers Pune
  • Mani Engineers Pune - Overview
  • Mani Engineers Pune - Product / Service
  • Mani Engineers Pune - Key offerings
11.12 Meinhardt Group
  • Meinhardt Group - Overview
  • Meinhardt Group - Product / Service
  • Meinhardt Group - Key offerings
11.13 QDC India Consulting Pvt Ltd
  • QDC India Consulting Pvt Ltd - Overview
  • QDC India Consulting Pvt Ltd - Product / Service
  • QDC India Consulting Pvt Ltd - Key offerings
11.14 Sense Projects Pvt. Ltd.
  • Sense Projects Pvt. Ltd. - Overview
  • Sense Projects Pvt. Ltd. - Product / Service
  • Sense Projects Pvt. Ltd. - Key offerings
11.15 Sterling and Wilson Renewable Energy Ltd
  • Sterling and Wilson Renewable Energy Ltd - Overview
  • Sterling and Wilson Renewable Energy Ltd - Business segments
  • Sterling and Wilson Renewable Energy Ltd - Key offerings
  • Sterling and Wilson Renewable Energy Ltd - Segment focus
11.16 Voltas Ltd.
  • Voltas Ltd. - Overview
  • Voltas Ltd. - Business segments
  • Voltas Ltd. - Key offerings
  • Voltas Ltd. - Segment focus
11.17 WSP Global Inc.
  • WSP Global Inc. - Overview
  • WSP Global Inc. - Business segments
  • WSP Global Inc. - Key offerings
  • WSP Global Inc. - Segment focus
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
  • Inclusions checklist
  • Exclusions checklist
12.3 Currency conversion rates for US$
  • Currency conversion rates for US$
12.4 Research methodology
  • Research methodology
12.5 Data procurement
  • Information sources
12.6 Data validation
  • Data validation
12.7 Validation techniques employed for market sizing
  • Validation techniques employed for market sizing
12.8 Data synthesis
  • Data synthesis
12.9 360 degree market analysis
  • 360 degree market analysis
12.10 List of abbreviations
  • List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by End-user
Exhibits 5: Executive Summary - Chart on Market Segmentation by Service
Exhibits 6: Executive Summary - Chart on Company Market Positioning
Exhibits 7: Parent Market
Exhibits 8: Data Table on - Parent Market
Exhibits 9: Market characteristics analysis
Exhibits 10: Value Chain Analysis
Exhibits 11: Offerings of companies included in the market definition
Exhibits 12: Market segments
Exhibits 13: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibits 14: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibits 15: Chart on India: Year-over-year growth 2023-2028 (%)
Exhibits 16: Data Table on India: Year-over-year growth 2023-2028 (%)
Exhibits 17: Historic Market Size - Data Table on Mechanical Electrical And Plumbing Services Market in India 2018 - 2022 ($ million)
Exhibits 18: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
Exhibits 19: Historic Market Size - Service Segment 2018 - 2022 ($ million)
Exhibits 20: Five forces analysis - Comparison between 2023 and 2028
Exhibits 21: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 22: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 23: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 24: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 25: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 26: Chart on Market condition - Five forces 2023 and 2028
Exhibits 27: Chart on End-user - Market share 2023-2028 (%)
Exhibits 28: Data Table on End-user - Market share 2023-2028 (%)
Exhibits 29: Chart on Comparison by End-user
Exhibits 30: Data Table on Comparison by End-user
Exhibits 31: Chart on Commercial - Market size and forecast 2023-2028 ($ million)
Exhibits 32: Data Table on Commercial - Market size and forecast 2023-2028 ($ million)
Exhibits 33: Chart on Commercial - Year-over-year growth 2023-2028 (%)
Exhibits 34: Data Table on Commercial - Year-over-year growth 2023-2028 (%)
Exhibits 35: Chart on Government - Market size and forecast 2023-2028 ($ million)
Exhibits 36: Data Table on Government - Market size and forecast 2023-2028 ($ million)
Exhibits 37: Chart on Government - Year-over-year growth 2023-2028 (%)
Exhibits 38: Data Table on Government - Year-over-year growth 2023-2028 (%)
Exhibits 39: Chart on Residential - Market size and forecast 2023-2028 ($ million)
Exhibits 40: Data Table on Residential - Market size and forecast 2023-2028 ($ million)
Exhibits 41: Chart on Residential - Year-over-year growth 2023-2028 (%)
Exhibits 42: Data Table on Residential - Year-over-year growth 2023-2028 (%)
Exhibits 43: Market opportunity by End-user ($ million)
Exhibits 44: Data Table on Market opportunity by End-user ($ million)
Exhibits 45: Chart on Service - Market share 2023-2028 (%)
Exhibits 46: Data Table on Service - Market share 2023-2028 (%)
Exhibits 47: Chart on Comparison by Service
Exhibits 48: Data Table on Comparison by Service
Exhibits 49: Chart on Consulting and engineering - Market size and forecast 2023-2028 ($ million)
Exhibits 50: Data Table on Consulting and engineering - Market size and forecast 2023-2028 ($ million)
Exhibits 51: Chart on Consulting and engineering - Year-over-year growth 2023-2028 (%)
Exhibits 52: Data Table on Consulting and engineering - Year-over-year growth 2023-2028 (%)
Exhibits 53: Chart on Maintenance and support - Market size and forecast 2023-2028 ($ million)
Exhibits 54: Data Table on Maintenance and support - Market size and forecast 2023-2028 ($ million)
Exhibits 55: Chart on Maintenance and support - Year-over-year growth 2023-2028 (%)
Exhibits 56: Data Table on Maintenance and support - Year-over-year growth 2023-2028 (%)
Exhibits 57: Chart on System integration - Market size and forecast 2023-2028 ($ million)
Exhibits 58: Data Table on System integration - Market size and forecast 2023-2028 ($ million)
Exhibits 59: Chart on System integration - Year-over-year growth 2023-2028 (%)
Exhibits 60: Data Table on System integration - Year-over-year growth 2023-2028 (%)
Exhibits 61: Market opportunity by Service ($ million)
Exhibits 62: Data Table on Market opportunity by Service ($ million)
Exhibits 63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 64: Impact of drivers and challenges in 2023 and 2028
Exhibits 65: Overview on criticality of inputs and factors of differentiation
Exhibits 66: Overview on factors of disruption
Exhibits 67: Impact of key risks on business
Exhibits 68: Companies covered
Exhibits 69: Matrix on companies position and classification
Exhibits 70: AEMS ENGINEERS - Overview
Exhibits 71: AEMS ENGINEERS - Product / Service
Exhibits 72: AEMS ENGINEERS - Key offerings
Exhibits 73: ATOM MEP ENGINEERS PVT LTD - Overview
Exhibits 74: ATOM MEP ENGINEERS PVT LTD - Product / Service
Exhibits 75: ATOM MEP ENGINEERS PVT LTD - Key offerings
Exhibits 76: Blue Star Ltd. - Overview
Exhibits 77: Blue Star Ltd. - Business segments
Exhibits 78: Blue Star Ltd. - Key news
Exhibits 79: Blue Star Ltd. - Key offerings
Exhibits 80: Blue Star Ltd. - Segment focus
Exhibits 81: BR MEP Engineers Pvt. Ltd. - Overview
Exhibits 82: BR MEP Engineers Pvt. Ltd. - Product / Service
Exhibits 83: BR MEP Engineers Pvt. Ltd. - Key offerings
Exhibits 84: CADEOSYS - Overview
Exhibits 85: CADEOSYS - Product / Service
Exhibits 86: CADEOSYS - Key offerings
Exhibits 87: ELCON INFRASTRUCTURE - Overview
Exhibits 88: ELCON INFRASTRUCTURE - Product / Service
Exhibits 89: ELCON INFRASTRUCTURE - Key offerings
Exhibits 90: INI Infrastructure and Engineering - Overview
Exhibits 91: INI Infrastructure and Engineering - Product / Service
Exhibits 92: INI Infrastructure and Engineering - Key offerings
Exhibits 93: K.K Technocrats Pvt. Ltd - Overview
Exhibits 94: K.K Technocrats Pvt. Ltd - Product / Service
Exhibits 95: K.K Technocrats Pvt. Ltd - Key offerings
Exhibits 96: Mani Engineers Pune - Overview
Exhibits 97: Mani Engineers Pune - Product / Service
Exhibits 98: Mani Engineers Pune - Key offerings
Exhibits 99: Meinhardt Group - Overview
Exhibits 100: Meinhardt Group - Product / Service
Exhibits 101: Meinhardt Group - Key offerings
Exhibits 102: QDC India Consulting Pvt Ltd - Overview
Exhibits 103: QDC India Consulting Pvt Ltd - Product / Service
Exhibits 104: QDC India Consulting Pvt Ltd - Key offerings
Exhibits 105: Sense Projects Pvt. Ltd. - Overview
Exhibits 106: Sense Projects Pvt. Ltd. - Product / Service
Exhibits 107: Sense Projects Pvt. Ltd. - Key offerings
Exhibits 108: Sterling and Wilson Renewable Energy Ltd - Overview
Exhibits 109: Sterling and Wilson Renewable Energy Ltd - Business segments
Exhibits 110: Sterling and Wilson Renewable Energy Ltd - Key offerings
Exhibits 111: Sterling and Wilson Renewable Energy Ltd - Segment focus
Exhibits 112: Voltas Ltd. - Overview
Exhibits 113: Voltas Ltd. - Business segments
Exhibits 114: Voltas Ltd. - Key offerings
Exhibits 115: Voltas Ltd. - Segment focus
Exhibits 116: WSP Global Inc. - Overview
Exhibits 117: WSP Global Inc. - Business segments
Exhibits 118: WSP Global Inc. - Key offerings
Exhibits 119: WSP Global Inc. - Segment focus
Exhibits 120: Inclusions checklist
Exhibits 121: Exclusions checklist
Exhibits 122: Currency conversion rates for US$
Exhibits 123: Research methodology
Exhibits 124: Information sources
Exhibits 125: Data validation
Exhibits 126: Validation techniques employed for market sizing
Exhibits 127: Data synthesis
Exhibits 128: 360 degree market analysis
Exhibits 129: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global mechanical electrical and plumbing services market in india: 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..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is emergence of building information modeling."

According to the report, one of the major drivers for this market is the rising renewable energy integration.

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 a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • 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.
  • WSP Global Inc.