Dublin, July 19, 2021 (GLOBE NEWSWIRE) -- The "U.A.E. Mechanical, Electrical and Plumbing Services Market Research Report: By Service Type (Electrical, Mechanical, Plumbing), End User (Residential, Retail, Commercial, Industrial, Government, Healthcare, Hospitality) - Industry Analysis and Growth Forecast to 2030" report has been added to ResearchAndMarkets.com's offering. The U.A.E. is one of the biggest tourist destinations in the world on account of its lavish lifestyle, sleek infrastructure, thrilling amusement parks, immersive Arabic culture, and intriguing ethnic history. As a result, the travel & tourism sector contributed 5.2% to the country's gross domestic product (GDP) in 2016, a share that the government wants to increase further. Therefore, the resulting construction of infrastructure in this sector will likely drive the U.A.E. mechanical, electrical, and plumbing services market from $3,025.9 million in 2020 to $12,946.9 million in 2030, at a 15.7% CAGR between 2021 and 2030, according to the market research report.Much of the infrastructure development is being carried out under the Dubai Tourism Vision 2020 and Sharjah Tourism Vision 2021 programs and as part of the preparations for the Dubai Expo 2020 (rescheduled for 2021). In addition, the U.A.E. MEP services market is being driven by the infrastructure development in the country's transportation sector, considering the burgeoning number of tourists and immigrants. With infrastructure construction, the demand for the designing, installation, and maintenance of various MEP components and systems will keep rising.The COVID-19 pandemic has negatively impacted the U.A.E. MEP services market on account of the lockdown measures, which have led to a complete halt in construction activities. Additionally, the manufacturing plant shutdowns around the world have reduced the supply of MEP components and systems. Moreover, as most of the hotels and other commercial facilities suspended operations, the demand for MEP services greatly decreased in the country, thus further hurting the revenue streams for service providers.The hospitality category will witness the fastest growth in the U.A.E. MEP services market in the coming years, under the end user segment. The U.A.E. is home to some of the most-iconic hotels in the world, including the only seven-star hotel, Burj Al Arab, and Atlantis the Palm. Many more luxurious hotels are under construction in the country, including WB Abu Dhabi, which is set to be inaugurated this year.The most-significant companies in the U.A.E. MEP services market are Al Shafar United Electromechanical Engineering L.L.C. (ASU), SPECON, BK Gulf LLC, AL SHIRAWI ELECTRICAL & MECHANICAL ENGINEERING COMPANY, ALEMCO, Horizon Gulf Electromechanical Services L.L.C., Al-Futtaim Engineering Company LLC, Elemec Electrical Contracting LLC, James L Williams Middle East (JLW), and GECO Mechanical & Electrical Ltd.Key Topics Covered: Chapter 1. Research BackgroundChapter 2. Research MethodologyChapter 3. Executive Summary3.1 Definition of Market Segments3.1.1 By Service Type3.1.1.1 Mechanical3.1.1.2 Electrical3.1.1.3 Plumbing3.1.2 By End User3.1.2.1 Residential3.1.2.2 Retail3.1.2.3 Commercial3.1.2.4 Industrial3.1.2.5 Government3.1.2.6 Healthcare3.1.2.7 Hospitality3.1.2.8 Others3.2 Market Dynamics3.2.1 Trends3.2.1.1 Adoption of smart HVAC systems3.2.1.2 Demand for energy-efficient HVAC systems3.2.2 Drivers3.2.2.1 Growing hospitality industry3.2.2.2 Increasing construction projects in transportation sector3.2.3 Restraint3.2.3.1 Lack of skilled professionals3.2.3.2 Impact analysis of restraints on market forecast3.2.4 Opportunities3.2.4.1 Growing popularity of district cooling3.2.4.2 Government spending on infrastructure3.3 Impact of COVID-193.3.1 Construction Industry Overview3.4 Porter's Five Forces Analysis3.4.1 Bargaining Power of Buyers3.4.2 Bargaining Power of Suppliers3.4.3 Threat of New Entrants3.4.4 Intensity of Rivalry3.4.5 Threat of SubstitutesChapter 4. Mega Projects and MEP OpportunitiesChapter 5. U.A.E. Market Size and Forecast5.1 By Service Type5.1.1 U.A.E. Mechanical Services Market, by Application5.1.2 U.A.E. Electrical Services Market, by Application5.2 By End UserChapter 6. Competitive Landscape6.1 List of Players & Offerings6.2 Comparison of players6.3 Strategic Developments of Key PlayersChapter 7. Company Profiles7.1 Al Shafar United Electromechanical Engineering LLC7.1.1 Business Overview7.1.2 Product and Service Offerings7.2 BK Gulf LLC7.2.1 Business Overview7.2.2 Product and Service Offerings7.3 SPECON7.3.1 Business Overview7.3.2 Product and Service Offerings7.4 Al Shirawi Electrical & Mechanical Engineering Company7.4.1 Business Overview7.4.2 Product and Service Offerings7.5 Horizon Gulf Electromechanical Services LLC7.5.1 Business Overview7.5.2 Product and Service Offerings7.6 ALEMCO7.6.1 Business Overview7.6.2 Product and Service Offerings7.7 AL-FUTTAIM ENGINEERING COMPANY LLC7.7.1 Business Overview7.7.2 Product and Service Offerings7.8 James L Williams Middle East (JLW)7.8.1 Business Overview7.8.2 Product and Service Offerings7.9 ELEMEC ELECTRICAL CONTRACTING LLC7.9.1 Business Overview7.9.2 Product and Service Offerings7.10 GECO Mechanical & Electrical Ltd.7.10.1 Business Overview7.10.2 Product and Service OfferingsChapter 8. Appendix
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