MEP Services Market in Middle East 2016-2020

This market research report identifies ALEMCO, Arabian MEP contracting, BK Gulf, China State Construction Engineering, AE Arma-Elektropanç, EFECO, Al-Futtaim Engineering, and Trans Gulf Electromechanical as the key vendors in the MEP services market in the Middle East. This report also presents a detailed analysis of the market by end-users (commercial buildings, residential buildings, education, government, and healthcare) and by geography (KSA, UAE, Qatar, Bahrain, Kuwait, Oman, and others). 

Overview of the MEP services market in the Middle East

Market research analysts at Technavio have predicted that the MEP services market in the Middle East will grow steadily during the next four years and will post a CAGR of more than 10% by 2020. This market research analysis identifies the rising levels of urbanization as one of the primary growth factors for this market. Owing to the increase in mega-scale projects, the infrastructure market in the Middle East will grow rapidly during the forecast period. For instance, the government of KSA has invested about USD 20 billion towards the construction of the Kingdom Tower in the KSA. Similarly, the government of Kuwait has also invested about USD 490 million towards the construction of a new harbor facility for small boats and towards waterfront residential developments. Such mega-scale projects will lead to the need for design, installation, operation, and maintenance of HVAC in the Middle East, which, in turn, will increase the requirement for MEP services.

With the introduction of several economic and regulatory norms, organizations have the need to modify their business operations. The introduction of several safety regulations such as OHSAS 18001, ISO 9001, 14001, and SA 8000 will compel organizations to monitor various aspects of their business processes constantly. As a result, enterprises will start focusing on outsourcing their non-core business activities such as HVAC and water management, which will allow them to focus more on their core business processes.

Competitive landscape and key vendors

The MEP services market in the Middle East is characterized by the presence of well-established players and regional MEP service providers. Several vendors in the market offer MEP services as a part of the integrated facility management services and cater to the needs of various end-users. With vendors competing to gain significant revenue shares, the market is highly competitive. During the predicted period, the market will witness the entry of several multinational corporations offering MEP services in countries such as Oman, Kuwait, and Bahrain, which will result in intense competition among the existing vendors.

The leading vendors in the market are -

• ALEMCO
• Arabian MEP Contracting
• BK Gulf
• China State Construction Engineering
• AE Arma-Elektropanç
• EFECO
• Al-Futtaim Engineering
• Trans Gulf Electromechanical

Segmentation by end-users and analysis of the MEP services market in the Middle East

• Commercial buildings
• Residential buildings
• Education
• Government
• Healthcare

Due to the need for infrastructural support in various types of offices, retail malls, hotels, and other corporate buildings, the commercial buildings segment dominated the market during 2015. Infrastructural investments by the governments of countries in this region towards the development of real estate in the Middle East will aid in the growth of the market in the coming years.

Geographical segmentation and analysis of the MEP services market in the Middle East

• KSA
• UAE
• Qatar
• Bahrain
• Kuwait
• Oman

This market study estimates that in terms of geographical regions, KSA will be the major revenue contributor to the market throughout the predicted period. The rapid infrastructural and real estate activities in the port city of Jeddah and the growth of the residential sector in the commercial hub of KSA Dammam, which is dominated by a number of standalone villas and apartment buildings, will bolster the market’s growth prospects in this region.

Key questions answered in the report include

• What will the MEP services market size and the growth rate be in 2020?
• What are the key factors driving the MEP services market in the Middle East?
• What are the key market trends impacting the growth of the MEP services market in the Middle East?
• What are the challenges to market growth?
• Who are the key vendors in the MEP services market in the Middle East?
• What are the market opportunities and threats faced by the vendors in the MEP services market in the Middle East?
• Trending factors influencing the market shares of the Middle East.
• What are the key outcomes of the five forces analysis of the MEP services market in the Middle East?

Technavio also offers customization on reports based on specific client requirement.

Related reports

• Facility Management Services Market in Middle East 2016-2020
• Building Energy Management Services Market in Middle East 2016-2020