ABSTRACT
About MEP Services
Mechanical, engineering, and plumbing (MEP) services hold critical importance in ensuring that building facilities are operating in an efficient manner with the optimum use of energy. To achieve better results, building owners are increasingly entering long-term contracts with third party specialized vendors. Outsourcing of MEP services to specialized vendors helps in reducing the operational cost, optimizing the energy consumption, and improving the productivity of facilities.
Technavio’s analysts forecast the MEP services market in North America to grow at a CAGR of 18.95% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the MEP services market in North America for 2017-2021. To calculate the market size, the report presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
• Canada
• Mexico
• US
Technavio's report, MEP Services Market In North America 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• EMCOR
• Global Facility Solutions
• Macro
• MEP engineering
• WSP | Parsons Brinckerhoff
Other prominent vendors
• Assurance Facility Management
• Camelot Facilities Management Solutions
• Caravan Facilities Management
• Choice Facility Services & Construction
• Continuum Services
• Crockett Facilities Services
• Dohn Engineering
• Ecolab
• Express Facility Services and Maintenance
• GDI
• Knight Facilities Management
• Resolute Engineering
• Royal Mechanical
• Total Facility Solutions
• XS CAD
Market driver
• Maximizing profits in facility operations
• For a full, detailed list, view our report
Market challenge
• Growth of integrated facilities management (IFM) services
• For a full, detailed list, view our report
Market trend
• Technology advancements in building management systems
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by services
• Market overview
• MEP consulting and engineering services market in North America
• MEP maintenance and support services market in North America
• MEP system integration services market in North America
PART 07: Market segmentation by end-user
• Market overview
• MEP services market in North America by commercial buildings
• MEP services market in North America by government buildings
• MEP services market in North America by residential buildings
PART 08: Geographical segmentation
• Market overview
• MEP services market in US
• MEP services market in Canada
• MEP services market in Mexico
PART 09: Market drivers
• Risk minimization through outsourcing
• Facilitating infrastructure development
• Maximizing profits in facility operations
PART 10: Impact of drivers
PART 11: Market challenges
• Limited differentiation in services
• Rising labor cost
• Growth of integrated facilities management (IFM) services
PART 12: Impact of drivers and challenges
PART 13: Market trends
• Evolving nature of service contracts
• Economic and regulatory norms
• Technology advancements in building management systems
PART 14: Vendor landscape
• Competition review
• Competition analysis
• Key takeaways
PART 15: Appendix
• List of abbreviations
List of Exhibits
Exhibit 01: Overview of MEP services market in North America
Exhibit 02: Value chain in MEP service contracts
Exhibit 03: Role of major stakeholders in the supply chain network
Exhibit 04: MEP services market in North America 2016-2021 ($ billions)
Exhibit 05: Five forces analysis
Exhibit 06: MEP services carried out in a building facility
Exhibit 07: MEP by services type in North America 2016 and 2021
Exhibit 08: MEP consulting and engineering services market in North America 2016-2021 ($ billions)
Exhibit 09: MEP consulting and engineering services offered to end-users
Exhibit 10: MEP maintenance and support services market in North America 2016-2021 ($ billions)
Exhibit 11: Maintenance and support services
Exhibit 12: MEP system integration services market in North America 2016-2021 ($ billions)
Exhibit 13: System integration services offered to end-users
Exhibit 14: Overview of end-user segments in MEP services market in North America
Exhibit 15: MEP services carried out in end-user facility
Exhibit 16: MEP services market in North America by end-user 2016 and 2021
Exhibit 17: MEP services market in North America by commercial buildings 2016-2021 ($ billions)
Exhibit 18: MEP services carried out in commercial buildings
Exhibit 19: MEP services market in North America by government buildings 2016-2021 ($ billions)
Exhibit 20: MEP services carried out in government buildings
Exhibit 21: MEP services market in North America by residential buildings 2016-2021 ($ billions)
Exhibit 22: MEP services carried out in residential buildings
Exhibit 23: MEP services market by geography 2016 and 2021
Exhibit 24: MEP services market in US 2016-2021 ($ billions)
Exhibit 25: Government initiatives to improve energy performance of buildings
Exhibit 26: Key development projects in US
Exhibit 27: MEP services market in Canada 2016-2021 ($ billions)
Exhibit 28: Key development projects in Canada
Exhibit 29: MEP services market in Mexico 2016-2021 ($ billions)
Exhibit 30: Key development projects in Mexico
Exhibit 31: Impact of drivers
Exhibit 32: Percentage change y-o-y in compensation cost for US laborers
Exhibit 33: Impact of drivers and challenges
Exhibit 34: Prominent vendors
Exhibit 35: Other vendors
Exhibit 36: EMCOR: Service offerings
Exhibit 37: Global Facility Solutions: End-users served
Exhibit 38: Global Facility Solutions: Services offered
Exhibit 39: Macro: End-users served
Exhibit 40: FM projects under Macro
Exhibit 41: Macro: Services and solutions offered
Exhibit 42: MEP Engineering: End-user industries served
Exhibit 43: MEP Engineering: Projects undertaken
Exhibit 44: MEP Engineering: Services offered
Exhibit 45: WSP | Parsons Brinckerhoff: Services offered
