Turismo
U.A.E. Mechanical, Electrical, and Plumbing Services Market Worth $12,946.9 Million by 2030: P&S Intelligence
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.
U.A.E. HVAC Market Report The U.A.E. HVAC market is currently dominated by Dubai , which is the business and tourist center of the country. In addition, the city is set to host the World Expo in 2021, for which extensive preparations, including hotel, mall, and metro construction, are underway. Further, the government of the emirate is extending support to the travel and tourism sector, so that the dependence on oil and gas trade can be reduced.
U.A.E. Heating Equipment Market Report Geographically, Dubai created the largest demand for heating equipment in 2019, owing to the fact that Dubai is the financial hub and tourist center of U.A.E. Furthermore, on account of Dubai Expo 2020 preparations, there has been a rise in the construction of buildings and hotels.
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Prajneesh Kumar
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