Mechanical Electrical and Plumbing Services Market in India 2022-2026

The mechanical electrical and plumbing services market in India is poised to grow by $2.01 bn during 2022-2026, decelerating at a CAGR of 16.31% 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 of the current country's market scenario, the latest trends and drivers, and the overall market environment. The market is driven by risk minimization through outsourcing, growth in the real estate sector, and maximizing profits in facility operations.

The mechanical electrical and plumbing services market in India analysis includes end-user segment and geographic landscape.

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

This study identifies the evolving nature of service contracts as one of the prime reasons driving the mechanical electrical and plumbing services market in India's growth during the next few years. Also, economic and regulatory norms and technological advances 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

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 mechanical electrical and plumbing services market in India vendors that include AEMS ENGINEERS, ATOM MEP ENGINEERS PVT LTD, Blue Star Ltd, BR MEP Engineers Pvt. Ltd., ELCON INFRASTRUCTURE, KK TECHNOCRATS PVT LTD, Mani Engineers Pune, MECELP Project Pvt. Ltd., Meinhardt Group, MEP Engineering Inc., PillarPlus Pvt. Ltd., Sense Projects Pvt. Ltd., Sterling and Wilson Pvt Ltd, Vaya MEP Engineers Pvt. Ltd., Vee Technologies Pvt. Ltd., VK Building Services Pvt. Ltd., Voltas Ltd, WSP Global Inc., and INI Infrastructure and Engineering. 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 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 accurate market growth.

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Country Market Characteristics
Exhibit 04: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 05: Executive Summary - Chart on Market Segmentation by Service
Exhibit 06: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 07: Parent market
Exhibit 08: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 09: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 10: Market segments
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
Exhibit 11: Chart on India - Market size and forecast 2021-2026 ($ million)
Exhibit 12: Data Table on India - Market size and forecast 2021-2026 ($ million)
Exhibit 13: Chart on India: Year-over-year growth 2021-2026 (%)
Exhibit 14: Data Table on India: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

4.1 Five forces summary
Exhibit 15: Five forces analysis - Comparison between 2021 and 2026
4.2 Bargaining power of buyers
Exhibit 16: Chart on Bargaining power of buyers - Impact of key factors 2021 and 2026
4.3 Bargaining power of suppliers
Exhibit 17: Bargaining power of suppliers - Impact of key factors in 2021 and 2026
4.4 Threat of new entrants
Exhibit 18: Threat of new entrants - Impact of key factors in 2021 and 2026
4.5 Threat of substitutes
Exhibit 19: Threat of substitutes - Impact of key factors in 2021 and 2026
4.6 Threat of rivalry
Exhibit 20: Threat of rivalry - Impact of key factors in 2021 and 2026
4.7 Market condition
Exhibit 21: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by End-user

5.1 Market segments
Exhibit 22: Chart on End-user - Market share 2021-2026 (%)
Exhibit 23: Data Table on End-user - Market share 2021-2026 (%)
5.2 Comparison by End-user
Exhibit 24: Chart on Comparison by End-user
Exhibit 25: Data Table on Comparison by End-user
5.3 Commercial - Market size and forecast 2021-2026
Exhibit 26: Chart on Commercial - Market size and forecast 2021-2026 ($ million)
Exhibit 27: Data Table on Commercial - Market size and forecast 2021-2026 ($ million)
Exhibit 28: Chart on Commercial - Year-over-year growth 2021-2026 (%)
Exhibit 29: Data Table on Commercial - Year-over-year growth 2021-2026 (%)
5.4 Government - Market size and forecast 2021-2026
Exhibit 30: Chart on Government - Market size and forecast 2021-2026 ($ million)
Exhibit 31: Data Table on Government - Market size and forecast 2021-2026 ($ million)
Exhibit 32: Chart on Government - Year-over-year growth 2021-2026 (%)
Exhibit 33: Data Table on Government - Year-over-year growth 2021-2026 (%)
5.5 Residential - Market size and forecast 2021-2026
Exhibit 34: Chart on Residential - Market size and forecast 2021-2026 ($ million)
Exhibit 35: Data Table on Residential - Market size and forecast 2021-2026 ($ million)
Exhibit 36: Chart on Residential - Year-over-year growth 2021-2026 (%)
Exhibit 37: Data Table on Residential - Year-over-year growth 2021-2026 (%)
5.6 Market opportunity by End-user
Exhibit 38: Market opportunity by End-user ($ million)

6 Market Segmentation by Service

6.1 Market segments
Exhibit 39: Chart on Service - Market share 2021-2026 (%)
Exhibit 40: Data Table on Service - Market share 2021-2026 (%)
6.2 Comparison by Service
Exhibit 41: Chart on Comparison by Service
Exhibit 42: Data Table on Comparison by Service
6.3 Consulting and engineering - Market size and forecast 2021-2026
Exhibit 43: Chart on Consulting and engineering - Market size and forecast 2021-2026 ($ million)
Exhibit 44: Data Table on Consulting and engineering - Market size and forecast 2021-2026 ($ million)
Exhibit 45: Chart on Consulting and engineering - Year-over-year growth 2021-2026 (%)
Exhibit 46: Data Table on Consulting and engineering - Year-over-year growth 2021-2026 (%)
6.4 Maintenance and support - Market size and forecast 2021-2026
Exhibit 47: Chart on Maintenance and support - Market size and forecast 2021-2026 ($ million)
Exhibit 48: Data Table on Maintenance and support - Market size and forecast 2021-2026 ($ million)
Exhibit 49: Chart on Maintenance and support - Year-over-year growth 2021-2026 (%)
Exhibit 50: Data Table on Maintenance and support - Year-over-year growth 2021-2026 (%)
6.5 System integration - Market size and forecast 2021-2026
Exhibit 51: Chart on System integration - Market size and forecast 2021-2026 ($ million)
Exhibit 52: Data Table on System integration - Market size and forecast 2021-2026 ($ million)
Exhibit 53: Chart on System integration - Year-over-year growth 2021-2026 (%)
Exhibit 54: Data Table on System integration - Year-over-year growth 2021-2026 (%)
6.6 Market opportunity by Service
Exhibit 55: Market opportunity by Service ($ million)

7 Customer Landscape

7.1 Customer landscape overview
Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Drivers, Challenges, and Trends

8.1 Market drivers
8.2 Market challenges
8.3 Impact of drivers and challenges
Exhibit 57: Impact of drivers and challenges in 2021 and 2026
8.4 Market trends

9 Vendor Landscape

9.1 Overview
9.2 Vendor landscape
Exhibit 58: Overview on Criticality of inputs and Factors of differentiation
9.3 Landscape disruption
Exhibit 59: Overview on factors of disruption
9.4 Industry risks
Exhibit 60: Impact of key risks on business

10 Vendor Analysis

10.1 Vendors covered
Exhibit 61: Vendors covered
10.2 Market positioning of vendors
Exhibit 62: Matrix on vendor position and classification
10.3 ATOM MEP ENGINEERS PVT LTD
Exhibit 63: ATOM MEP ENGINEERS PVT LTD - Overview
Exhibit 64: ATOM MEP ENGINEERS PVT LTD - Product / Service
Exhibit 65: ATOM MEP ENGINEERS PVT LTD - Key offerings
10.4 Blue Star Ltd
Exhibit 66: Blue Star Ltd - Overview
Exhibit 67: Blue Star Ltd - Business segments
Exhibit 68: Blue Star Ltd - Key offerings
Exhibit 69: Blue Star Ltd - Segment focus
10.5 BR MEP Engineers Pvt. Ltd.
Exhibit 70: BR MEP Engineers Pvt. Ltd. - Overview
Exhibit 71: BR MEP Engineers Pvt. Ltd. - Product / Service
Exhibit 72: BR MEP Engineers Pvt. Ltd. - Key offerings
10.6 INI Infrastructure and Engineering
Exhibit 73: INI Infrastructure and Engineering - Overview
Exhibit 74: INI Infrastructure and Engineering - Product / Service
Exhibit 75: INI Infrastructure and Engineering - Key offerings
10.7 Meinhardt Group
Exhibit 76: Meinhardt Group - Overview
Exhibit 77: Meinhardt Group - Product / Service
Exhibit 78: Meinhardt Group - Key offerings
10.8 MEP Engineering Inc.
Exhibit 79: MEP Engineering Inc. - Overview
Exhibit 80: MEP Engineering Inc. - Product / Service
Exhibit 81: MEP Engineering Inc. - Key offerings
10.9 Sense Projects Pvt. Ltd.
Exhibit 82: Sense Projects Pvt. Ltd. - Overview
Exhibit 83: Sense Projects Pvt. Ltd. - Product / Service
Exhibit 84: Sense Projects Pvt. Ltd. - Key offerings
10.10 Sterling and Wilson Pvt Ltd
Exhibit 85: Sterling and Wilson Pvt Ltd - Overview
Exhibit 86: Sterling and Wilson Pvt Ltd - Product / Service
Exhibit 87: Sterling and Wilson Pvt Ltd - Key offerings
10.11 VK Building Services Pvt. Ltd.
Exhibit 88: VK Building Services Pvt. Ltd. - Overview
Exhibit 89: VK Building Services Pvt. Ltd. - Product / Service
Exhibit 90: VK Building Services Pvt. Ltd. - Key offerings
10.12 Voltas Ltd
Exhibit 91: Voltas Ltd - Overview
Exhibit 92: Voltas Ltd - Business segments
Exhibit 93: Voltas Ltd - Key offerings
Exhibit 94: Voltas Ltd - Segment focus
10.13 WSP Global Inc.
Exhibit 95: WSP Global Inc. - Overview
Exhibit 96: WSP Global Inc. - Business segments
Exhibit 97: WSP Global Inc. - Key news
Exhibit 98: WSP Global Inc. - Key offerings
Exhibit 99: WSP Global Inc. - Segment focus

11 Appendix

11.1 Scope of the report
11.2 Inclusions and exclusions checklist
Exhibit 100: Inclusions checklist
Exhibit 101: Exclusions checklist
11.3 Currency conversion rates for US$
Exhibit 102: Currency conversion rates for US$
11.4 Research methodology
Exhibit 103: Research methodology
Exhibit 104: Validation techniques employed for market sizing
Exhibit 105: Information sources
11.5 List of abbreviations
Exhibit 106: 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 Vendor Market Positioning
Exhibits 7: Parent market
Exhibits 8: Market Characteristics
Exhibits 9: Offerings of vendors included in the market definition
Exhibits 10: Market segments
Exhibits 11: Chart on India - Market size and forecast 2021-2026 ($ million)
Exhibits 12: Data Table on India - Market size and forecast 2021-2026 ($ million)
Exhibits 13: Chart on India: Year-over-year growth 2021-2026 (%)
Exhibits 14: Data Table on India: Year-over-year growth 2021-2026 (%)
Exhibits 15: Five forces analysis - Comparison between 2021 and 2026
Exhibits 16: Chart on Bargaining power of buyers - Impact of key factors 2021 and 2026
Exhibits 17: Bargaining power of suppliers - Impact of key factors in 2021 and 2026
Exhibits 18: Threat of new entrants - Impact of key factors in 2021 and 2026
Exhibits 19: Threat of substitutes - Impact of key factors in 2021 and 2026
Exhibits 20: Threat of rivalry - Impact of key factors in 2021 and 2026
Exhibits 21: Chart on Market condition - Five forces 2021 and 2026
Exhibits 22: Chart on End-user - Market share 2021-2026 (%)
Exhibits 23: Data Table on End-user - Market share 2021-2026 (%)
Exhibits 24: Chart on Comparison by End-user
Exhibits 25: Data Table on Comparison by End-user
Exhibits 26: Chart on Commercial - Market size and forecast 2021-2026 ($ million)
Exhibits 27: Data Table on Commercial - Market size and forecast 2021-2026 ($ million)
Exhibits 28: Chart on Commercial - Year-over-year growth 2021-2026 (%)
Exhibits 29: Data Table on Commercial - Year-over-year growth 2021-2026 (%)
Exhibits 30: Chart on Government - Market size and forecast 2021-2026 ($ million)
Exhibits 31: Data Table on Government - Market size and forecast 2021-2026 ($ million)
Exhibits 32: Chart on Government - Year-over-year growth 2021-2026 (%)
Exhibits 33: Data Table on Government - Year-over-year growth 2021-2026 (%)
Exhibits 34: Chart on Residential - Market size and forecast 2021-2026 ($ million)
Exhibits 35: Data Table on Residential - Market size and forecast 2021-2026 ($ million)
Exhibits 36: Chart on Residential - Year-over-year growth 2021-2026 (%)
Exhibits 37: Data Table on Residential - Year-over-year growth 2021-2026 (%)
Exhibits 38: Market opportunity by End-user ($ million)
Exhibits 39: Chart on Service - Market share 2021-2026 (%)
Exhibits 40: Data Table on Service - Market share 2021-2026 (%)
Exhibits 41: Chart on Comparison by Service
Exhibits 42: Data Table on Comparison by Service
Exhibits 43: Chart on Consulting and engineering - Market size and forecast 2021-2026 ($ million)
Exhibits 44: Data Table on Consulting and engineering - Market size and forecast 2021-2026 ($ million)
Exhibits 45: Chart on Consulting and engineering - Year-over-year growth 2021-2026 (%)
Exhibits 46: Data Table on Consulting and engineering - Year-over-year growth 2021-2026 (%)
Exhibits 47: Chart on Maintenance and support - Market size and forecast 2021-2026 ($ million)
Exhibits 48: Data Table on Maintenance and support - Market size and forecast 2021-2026 ($ million)
Exhibits 49: Chart on Maintenance and support - Year-over-year growth 2021-2026 (%)
Exhibits 50: Data Table on Maintenance and support - Year-over-year growth 2021-2026 (%)
Exhibits 51: Chart on System integration - Market size and forecast 2021-2026 ($ million)
Exhibits 52: Data Table on System integration - Market size and forecast 2021-2026 ($ million)
Exhibits 53: Chart on System integration - Year-over-year growth 2021-2026 (%)
Exhibits 54: Data Table on System integration - Year-over-year growth 2021-2026 (%)
Exhibits 55: Market opportunity by Service ($ million)
Exhibits 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 57: Impact of drivers and challenges in 2021 and 2026
Exhibits 58: Overview on Criticality of inputs and Factors of differentiation
Exhibits 59: Overview on factors of disruption
Exhibits 60: Impact of key risks on business
Exhibits 61: Vendors covered
Exhibits 62: Matrix on vendor position and classification
Exhibits 63: ATOM MEP ENGINEERS PVT LTD - Overview
Exhibits 64: ATOM MEP ENGINEERS PVT LTD - Product / Service
Exhibits 65: ATOM MEP ENGINEERS PVT LTD - Key offerings
Exhibits 66: Blue Star Ltd - Overview
Exhibits 67: Blue Star Ltd - Business segments
Exhibits 68: Blue Star Ltd - Key offerings
Exhibits 69: Blue Star Ltd - Segment focus
Exhibits 70: BR MEP Engineers Pvt. Ltd. - Overview
Exhibits 71: BR MEP Engineers Pvt. Ltd. - Product / Service
Exhibits 72: BR MEP Engineers Pvt. Ltd. - Key offerings
Exhibits 73: INI Infrastructure and Engineering - Overview
Exhibits 74: INI Infrastructure and Engineering - Product / Service
Exhibits 75: INI Infrastructure and Engineering - Key offerings
Exhibits 76: Meinhardt Group - Overview
Exhibits 77: Meinhardt Group - Product / Service
Exhibits 78: Meinhardt Group - Key offerings
Exhibits 79: MEP Engineering Inc. - Overview
Exhibits 80: MEP Engineering Inc. - Product / Service
Exhibits 81: MEP Engineering Inc. - Key offerings
Exhibits 82: Sense Projects Pvt. Ltd. - Overview
Exhibits 83: Sense Projects Pvt. Ltd. - Product / Service
Exhibits 84: Sense Projects Pvt. Ltd. - Key offerings
Exhibits 85: Sterling and Wilson Pvt Ltd - Overview
Exhibits 86: Sterling and Wilson Pvt Ltd - Product / Service
Exhibits 87: Sterling and Wilson Pvt Ltd - Key offerings
Exhibits 88: VK Building Services Pvt. Ltd. - Overview
Exhibits 89: VK Building Services Pvt. Ltd. - Product / Service
Exhibits 90: VK Building Services Pvt. Ltd. - Key offerings
Exhibits 91: Voltas Ltd - Overview
Exhibits 92: Voltas Ltd - Business segments
Exhibits 93: Voltas Ltd - Key offerings
Exhibits 94: Voltas Ltd - Segment focus
Exhibits 95: WSP Global Inc. - Overview
Exhibits 96: WSP Global Inc. - Business segments
Exhibits 97: WSP Global Inc. - Key news
Exhibits 98: WSP Global Inc. - Key offerings
Exhibits 99: WSP Global Inc. - Segment focus
Exhibits 100: Inclusions checklist
Exhibits 101: Exclusions checklist
Exhibits 102: Currency conversion rates for US$
Exhibits 103: Research methodology
Exhibits 104: Validation techniques employed for market sizing
Exhibits 105: Information sources
Exhibits 106: List of abbreviations

Executive Summary

The publisher recognizes the following companies as the key players in the global mechanical electrical and plumbing services market in India: AEMS ENGINEERS, ATOM MEP ENGINEERS PVT LTD, Blue Star Ltd, BR MEP Engineers Pvt. Ltd., ELCON INFRASTRUCTURE, KK TECHNOCRATS PVT LTD, Mani Engineers Pune, MECELP Project Pvt. Ltd., Meinhardt Group, MEP Engineering Inc., PillarPlus Pvt. Ltd., Sense Projects Pvt. Ltd., Sterling and Wilson Pvt Ltd, Vaya MEP Engineers Pvt. Ltd., Vee Technologies Pvt. Ltd., VK Building Services Pvt. Ltd., Voltas Ltd, WSP Global Inc., and INI Infrastructure and Engineering.

Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is evolving nature of service contracts.`

According to the report, one of the major drivers for this market is risk minimization through outsourcing.

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.