United States MEP Services Market Report and Forecast 2024-2032

United States MEP Services Market Outlook

The United States MEP services market size is projected to grow at a CAGR of 13.5% between 2024 and 2032. The market is being aided by the growing customer awareness regarding the optimal health of buildings.

Key Takeaways

• Electrical hazards account for 4,000 worker deaths annually in the USA.

• Americans spent $406 billion on renovating their homes in 2021, a y-o-y increase of 11.8%.

• The emergence of BIM software is expected to impact the United States MEP services market favourably.

Mechanical, electrical, and plumbing (MEP) services are crucial for maintaining and preserving the value of a building. They enable ventilation systems and air conditioning units to function smoothly and maintain distribution boards and capacitor banks to ensure efficient utilisation of electricity. MEP services also encompass internal plumbing services and the upkeep of sewers and gutters.

The United States market for MEP services is being driven by increasing consumer awareness regarding maintaining the optimal health of buildings. This includes checking their structural integrity and their internal wirings and piping systems for faults and repairing them for a safe living/working atmosphere.

The market is also expanding due to rapid innovations in the mode of delivering MEP services, such as online booking of technical experts and paying them through digital mode. Further innovations in the HVAC systems and wiring and plumbing technologies are likely to aid to United States MEP services market development in the coming years.

Key Trends and Developments

Rising popularity of brain pipes; increase in usage of augmented reality tools; emergence of BIM software; and increasing installation of smart thermostats are the major trends impacting the United States MEP services market growth.

United States MEP Services Market Trends

As per the Environment Protection Agency, an average American household reports a loss of 10,000 gallons of water annually. Brain pipes are an effective way of monitoring water pipes of any building as they can automatically detect and notify homeowners about potential water leakages and on smart devices like mobile phones.

Building information modelling software enables MEP service providers to create a digital representation of building structure, which helps them in ascertaining key problem areas and working together to improve the structural and functional integrity of the building. This guarantees maximum results in minimum time and improves the efficiency of work. An anticipated increase in the usage of advanced technologies is likely to drive the United States MEP services market demand.

Market Segmentation

“United States MEP Services Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

New construction is expected to dominate the market demand over the forecast period.

New construction is expected to constitute a significant portion of the United States MEP services market share in the coming years. This can be attributed to the expansion of existing residential and commercial infrastructure projects across the United States of America. This includes the Las Vegas Convention Center Loop and California High Speed Rail System.

Retrofit and renovation are expected to become another prominent segment, which drives the United States MEP services market. American homeowners seek to improve the comfort and aesthetic value of their houses and increase their resale value. In 2021 , Americans spent $406 billion on renovating their homes, which was an increase of 11.8% from 2020. This trend of renovation is expected to sustain and contribute to the United States MEP services market development in the forecast period.

Electrical services are expected to dominate the market in the United States.

As per the US Consumer Product Safety Commission, electrical receptacles cause up to 3,500 fires annually in US households. Electrical hazards are also accountable for 4000 worker deaths annually in the USA, which leads to a high demand for electrical services.

The demand for mechanical and plumbing services is also expected to increase over the forecast period as consumer awareness for improving energy efficiency of buildings and enhancing water conservation grows.

Competitive Landscape

Major players in the United States MEP services market are collaborating with each other to boost product portfolio and provide good quality services to their customers.

Other key United States MEP services market players include Affiliated Engineers, Inc., Arup Group Limited, HDR, Inc., MEP Engineering, Inc., Wiley|Wilson, and Harris Mechanical Services Industries, LLC, among others.

Key Highlights of the Report

United States MEP Services Market Report Snapshots

United States MEP Services Market Size

United States MEP Services Market Trends

United States MEP Services Companies