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Mechanical, Electrical and Plumbing Services
Market, Supplier, Risk and
Competitive Intelligence

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Manage Mechanical, Electrical and Plumbing Services Category with Ai powered
Procurement Productivity Suite

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Abi will answer all Mechanical, Electrical and Plumbing Services related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

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Get up-to-date market and supplier info on Mechanical, Electrical and Plumbing Services to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

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Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

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Assess Supplier Risk based on key risk and compliance parameters

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Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

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Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

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Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

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Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

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Benchmark your category performance against peers and the market

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Measure category performance on 15 key parameters across cost, risk and strategy KPIs

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Get information on key factors affecting your supply

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Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

meet-abi-1

Abi will answer all Mechanical, Electrical and Plumbing Services related
procurement queries with relevant data points

Abi - AI powered digital procurement assistant

discover-market-info

Get up-to-date market and supplier info on Mechanical, Electrical and Plumbing Services to help you build

Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices

1

Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices

manage-risk

Assess Supplier Risk based on key risk and compliance parameters

1

Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.

2

Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus

discover-supplier

Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography

1

Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings

assess-category-perforamnce

Benchmark your category performance against peers and the market

1

Measure category performance on 15 key parameters across cost, risk and strategy KPIs

source-market-indices

Get information on key factors affecting your supply

1

Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics

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Report Coverage

  • Global Market Analysis
  • Drivers and Constraints
  • Technology Trends
  • Sourcing Models

Production Size

Global Production Size/ Capacity

$1,133 BILLION

North America

$186 billion

LATAM

$72 billion

Europe

$268 billion

Table of Contents

  1. Executive Summary
  2. Executive Summary
  3. COVID-19 Impact
  1. Global Market Analysis
  2. Global MEP Market Outlook
  3. Drivers and Constraints
  4. Technology Trends
  5. Role of MEP Company in Improving
  6. Sustainable Design
  1. Regional Market Analysis
  2. North America
  3. Europe
  4. LATAM
  5. APAC
  1. Procurement Best Practices
  2. Sourcing Models
  3. Pricing Models
  4. Contract Models
  5. Procurement Best Practices: Case Studies

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Electrical Mechanical and Plumbing Services Global Market Outlook:

MARKET OVERVIEW (2020E)
GLOBAL MARKET SIZE: $1,133 BILLION

Porter's Analysis on Electrical Mechanical and Plumbing Services

Supplier Power

  • The MEP services market is highly competitive with large global firms and regional medium and small scalefirms.
  • Supplier power remains low to medium, based on the current economic conditions that are prevailing across the globe.
  • Currently, the market is struggling to recover from COVID crisis hence, the suppliers/contractors are highly competitive in bidding the tenders from the  buyers.
  • Over the next few years, the supplier power in the industry may gradually increase due to the inflow of various capital projects from both the public and private sectors from both the public and private sectors

Barriers to New Entrants

  • Barrier to entry remains high, due to:
    – High upfront capital required
    – Requirement of skilled workforce in a tight labor market
  • As the engineering and construction market is consolidated, new entrants from other geographical locations via possible mergers and acquisitions, which is less in the sub -sector
  • Building codes and regulations are highly complex, which has further raised the barrier

Intensity of Rivalry

  • The MEP service are a highly competitive market with several players, offering services
  • The market is highly dominated by top regional and global, who has high expertise in the engineering sector.
  • Leveraging the use of technology to provide better quality for the buyers and develop partnerships, to improve backlog period intensifies competition

Threat of Substitutes

  • MEP’s are one of the major essentials in construction industry and hence there is no substitutes for their role.
  • The only alternative position for buyers is to manage the MEP requirements internally, if they have any large investment plans for the near future.

Buyer Power

  • Buyer power typically depends on the level of investment by the buyers.
  • The evolving nature of service contracts such as the long-term relationship between the suppliers and buyers or combining multiple projects in a region would increase the buyer power.
  • There are capable regional/local medium to small scale MEP companies in the market and increasing the competition between incumbents suppliers to retain current contract at respective locations will give higher buyer power to small buyers.

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