Welcome!

News Feed Item

Analysis of the Indian Mechanical Electrical Plumbing (MEP) Services Market

NEW YORK, March 31, 2014 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Analysis of the Indian Mechanical Electrical Plumbing (MEP) Services Market
http://www.reportlinker.com/p02057235/Analysis-of-the-Indian-Mechanical-Electrical-Plumbing-MEP-Services-Market.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Real_Estate_Operators

Executive Summary

•The mechanical electrical plumbing (MEP) services market is going through a growth phase, although the growth is little muted due to the prevailing economic and political uncertainties.
•MEP services market is highly fragmented with hundreds of contractors in India, however not all have a pan-India presence.
•The MEP services market is highly competitive for all categories of MEP contractors.
•In the overall MEP services market, the top 8 industry participants account for less than xx% of the total revenue.
•The estimated annual revenue generated by MEP services market stands at about INR xx billion in FY 2013.
•The growing number of complex construction projects has resulted in specialised activities that address all the MEP needs of an end user.
•The market participants expect to see a boost in growth after the general election in 2014.

MEP Services Scope and Definitions

•The MEP services market is comprised of companies that install the mechanical, electrical and plumbing equipment in a building. These companies may or may not be involved in the designing process.
•The study covers the overall MEP services market in India, which encompasses the residential, commercial, industrial and infrastructure end users.

Key Industry Challenges

The market faces many challenges such as the 'perfect competition' business environment that exists in the Indian market for MEP services. Moreover, the economic instability in the country and the world further compounds the crisis. The key challenges being faced by the market participants are:
•Price undercutting by category-B contractors: The market has hundreds of contractors who tend to shift sectors to compete on prices; the one with the lowest quote price is usually handed the contract. This is true for all the categories of contractors (A, B, C, D). Therefore customer relationship plays a significant role.
•Customers tactics of playing one-against-the-other: Since most services offered by a contractor are indistinguishable from its competitor, customers find it easy to play one against the other in order to extract the best price possible. This also means that contractors need to communicate better with prospective clients to convey their value proposition rather than only focusing on the price.
•Payment delays: The economic crisis has upset the normal growth trajectory of most sectors and real estate development is no exception. The payment cycles have been affected as they are deferred to a later date. This make is difficult for contractors to grow business, hire professionals, pay for material equipment and so on.

Executive Summary
Market Overview
Drivers and Restraints Impacting MEP Services Market
Forecasts and Trends in Indian MEP Services Market
Value Chain and Role of Key Entities
Conclusion
Appendix
The Frost & Sullivan Story

To order this report: Analysis of the Indian Mechanical Electrical Plumbing (MEP) Services Market
http://www.reportlinker.com/p02057235/Analysis-of-the-Indian-Mechanical-Electrical-Plumbing-MEP-Services-Market.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Real_Estate_Operators

__________________________
Contact Clare: [email protected]
US: (339)-368-6001
Intl: +1 339-368-6001

SOURCE Reportlinker

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
Using new techniques of information modeling, indexing, and processing, new cloud-based systems can support cloud-based workloads previously not possible for high-throughput insurance, banking, and case-based applications. In his session at 18th Cloud Expo, John Newton, CTO, Founder and Chairman of Alfresco, described how to scale cloud-based content management repositories to store, manage, and retrieve billions of documents and related information with fast and linear scalability. He addres...
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, wil...
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
Enterprises have forever faced challenges surrounding the sharing of their intellectual property. Emerging cloud adoption has made it more compelling for enterprises to digitize their content, making them available over a wide variety of devices across the Internet. In his session at 19th Cloud Expo, Santosh Ahuja, Director of Architecture at Impiger Technologies, will introduce various mechanisms provided by cloud service providers today to manage and share digital content in a secure manner....
SYS-CON Events announced today that eCube Systems, a leading provider of middleware modernization, integration, and management solutions, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. eCube Systems offers a family of middleware evolution products and services that maximize return on technology investment by leveraging existing technical equity to meet evolving business needs. ...
Pulzze Systems was happy to participate in such a premier event and thankful to be receiving the winning investment and global network support from G-Startup Worldwide. It is an exciting time for Pulzze to showcase the effectiveness of innovative technologies and enable them to make the world smarter and better. The reputable contest is held to identify promising startups around the globe that are assured to change the world through their innovative products and disruptive technologies. There w...
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
Ixia (Nasdaq: XXIA) has announced that NoviFlow Inc.has deployed IxNetwork® to validate the company’s designs and accelerate the delivery of its proven, reliable products. Based in Montréal, NoviFlow Inc. supports network carriers, hyperscale data center operators, and enterprises seeking greater network control and flexibility, network scalability, and the capacity to handle extremely large numbers of flows, while maintaining maximum network performance. To meet these requirements, NoviFlow in...
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
To leverage Continuous Delivery, enterprises must consider impacts that span functional silos, as well as applications that touch older, slower moving components. Managing the many dependencies can cause slowdowns. See how to achieve continuous delivery in the enterprise.
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
Data is the fuel that drives the machine learning algorithmic engines and ultimately provides the business value. In his session at Cloud Expo, Ed Featherston, a director and senior enterprise architect at Collaborative Consulting, will discuss the key considerations around quality, volume, timeliness, and pedigree that must be dealt with in order to properly fuel that engine.
There is growing need for data-driven applications and the need for digital platforms to build these apps. In his session at 19th Cloud Expo, Muddu Sudhakar, VP and GM of Security & IoT at Splunk, will cover different PaaS solutions and Big Data platforms that are available to build applications. In addition, AI and machine learning are creating new requirements that developers need in the building of next-gen apps. The next-generation digital platforms have some of the past platform needs a...
SYS-CON Events announced today that Isomorphic Software will exhibit at DevOps Summit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Isomorphic Software provides the SmartClient HTML5/AJAX platform, the most advanced technology for building rich, cutting-edge enterprise web applications for desktop and mobile. SmartClient combines the productivity and performance of traditional desktop software with the simp...