MEP software stands for mechanical, electrical, and plumbing software, which is specifically designed for users in the mechanical, electrical, or plumbing fields to improve the overall design of their projects.
There are many different types of MEP Software. The market can be segmented into: BIM MEP Software and CAD MEP Software. BIM MEP Software is the most commonly used and efficient types and took 64.73% market share in 2018. By application, Construction Industry is the largest consumer group, with consumption market share of 30.44% in 2018, Followed by Electrical Engineering, Mechanical Engineering and Plumbing Industry with the market share 24.90%, 23.61%, and 14.80%.
In 2018, the global MEP Software market size was 913 million US$ and it is expected to reach 1814.8 million US$ by the end of 2025, with a CAGR of 10.5% during 2019-2025.
This report focuses on the global MEP Software status, future forecast, growth opportunity, key market and key players. The study objectives are to present the MEP Software development in North America, Europe and China.
The key players covered in this study
MagiCAD
Autodesk
Trimble
Nemetschek
Bentley Systems
COINS Global
eVolve MEP
Witas
Exactal
On Center Software
Design Master Software
Stack
Causeway
progeCAD
ePROMIS Solutions
Renga Software
Market segment by Type, the product can be split into
BIM MEP Software
CAD MEP Software
The BIM MEP Software, the major category of MEP Software, takes around 60% market share in 2018, and it will keep sustainable growth from 2019 to 2025.
The CAD MEP Software segment accounts for 35.27% of MEP Software in 2018.
Market segment by Application, split into
Construction Industry
Electrical Engineering
Mechanical Engineering
Plumbing Industry
Others
Construction Industry segment plays an important role, and it holds 30% market share in 2018.
Electrical Engineering segment accounts for 24.90% of MEP Software market in 2018, and it will grow a lot in the next years.
Mechanical Engineering segment is a market that cannot be ignored and a market that is attractive to market participants.
In Plumbing Industry segment, it is also full of opportunities and considerable potential, in future, this segment will keep a stable trend of development in next years.
Market segment by Regions/Countries, this report covers
North America
Europe
China
The study objectives of this report are:
To analyze global MEP Software status, future forecast, growth opportunity, key market and key players.
To present the MEP Software development in North America, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of MEP Software are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on MEP Software. Industry analysis & Market Report on MEP Software is a syndicated market report, published as Global MEP Software Market Size, Status and Forecast 2019-2025. It is complete Research Study and Industry Analysis of MEP Software market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.