PUBLISHER: KBV Research | PRODUCT CODE: 1642310
PUBLISHER: KBV Research | PRODUCT CODE: 1642310
LAMEA MEP Software Market Size, Share & Trends Analysis Report By Component (Software, and Service), By Application (Mechanical, Electrical, and Plumbing), By Deployment (Cloud, and On-Premise), By Country and Growth Forecast, 2024 - 2031
The Latin America, Middle East and Africa MEP Software Market would witness market growth of 10.4% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA MEP Software Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $140.4 Million by 2031. The Argentina market is registering a CAGR of 11.1% during (2024 - 2031). Additionally, The UAE market would witness a CAGR of 9.5% during (2024 - 2031).
MEP software is a versatile tool across various construction and operation stages. It is used for designing HVAC systems, including ductwork, ventilation, and air conditioning layouts. It also facilitates thermal load analysis and energy optimization.
MEP software supports electrical circuit design, panel layouts, and cable management. It ensures proper load balancing and safety compliance. It also assists in pipe routing, water supply analysis, and waste drainage design. It helps ensure water pressure consistency and leak detection. MEP software integrates seamlessly with BIM tools, allowing clash detection and collaborative design processes. It creates a centralized repository for project information, reducing errors and rework.
Several trends are shaping the growth and evolution of the MEP software market. Cloud adoption is increasing due to its flexibility, scalability, and real-time collaboration capabilities. It allows teams to access project data from anywhere, enhancing efficiency. IoT devices provide real-time data on system performance, enabling better monitoring and control. MEP software uses this data to enhance energy efficiency and detect anomalies.
In Saudi Arabia, the ongoing expansion of projects like the Red Sea and Amaala initiatives will require state-of-the-art MEP solutions to manage the vast array of mechanical, electrical, and plumbing systems within new luxury hotels, residential complexes, and recreational facilities. With thousands of hotel rooms and residential units in the pipeline, MEP software will play a pivotal role in ensuring that these systems meet the highest efficiency, sustainability, and safety standards. The demand for MEP software in Saudi Arabia will also be driven by the increasing complexity of designs and the focus on sustainability and energy-efficient infrastructure, which requires software capable of integrating these elements seamlessly into building projects. Hence, in both countries, the rising infrastructure boom, growing foreign investments, and the government's commitment to innovation position the MEP software market for substantial growth.
Based on Component, the market is segmented into Software, and Service. Based on Application, the market is segmented into Mechanical, Electrical, and Plumbing. Based on Deployment, the market is segmented into Cloud, and On-Premise. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Access Technology Group Limited
- Trimble, Inc.
- ProgeSOFT SA
- MagiCAD Group Oy
- Renga Software LLC
- ePROMIS Solutions
- ACCA software S.p.A.
- RIB Software GmbH (Schneider Electric Investment AG)
- Autodesk, Inc.
- On Center Software, Inc. (Roper Technologies, Inc.)
LAMEA MEP Software Market Report Segmentation
By Component
- Software
- Service
By Application
- Mechanical
- Electrical
- Plumbing
By Deployment
- Cloud
- On-Premise
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 LAMEA MEP Software Market, by Component
- 1.4.2 LAMEA MEP Software Market, by Application
- 1.4.3 LAMEA MEP Software Market, by Deployment
- 1.4.4 LAMEA MEP Software Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 Market Share Analysis, 2023
- 4.2 Porter Five Forces Analysis
Chapter 5. LAMEA MEP Software Market by Component
- 5.1 LAMEA Software Market by Country
- 5.2 LAMEA Service Market by Country
Chapter 6. LAMEA MEP Software Market by Application
- 6.1 LAMEA Mechanical Market by Country
- 6.2 LAMEA Electrical Market by Country
- 6.3 LAMEA Plumbing Market by Country
Chapter 7. LAMEA MEP Software Market by Deployment
- 7.1 LAMEA Cloud Market by Country
- 7.2 LAMEA On-Premise Market by Country
Chapter 8. LAMEA MEP Software Market by Country
- 8.1 Brazil MEP Software Market
- 8.1.1 Brazil MEP Software Market by Component
- 8.1.2 Brazil MEP Software Market by Application
- 8.1.3 Brazil MEP Software Market by Deployment
- 8.2 Argentina MEP Software Market
- 8.2.1 Argentina MEP Software Market by Component
- 8.2.2 Argentina MEP Software Market by Application
- 8.2.3 Argentina MEP Software Market by Deployment
- 8.3 UAE MEP Software Market
- 8.3.1 UAE MEP Software Market by Component
- 8.3.2 UAE MEP Software Market by Application
- 8.3.3 UAE MEP Software Market by Deployment
- 8.4 Saudi Arabia MEP Software Market
- 8.4.1 Saudi Arabia MEP Software Market by Component
- 8.4.2 Saudi Arabia MEP Software Market by Application
- 8.4.3 Saudi Arabia MEP Software Market by Deployment
- 8.5 South Africa MEP Software Market
- 8.5.1 South Africa MEP Software Market by Component
- 8.5.2 South Africa MEP Software Market by Application
- 8.5.3 South Africa MEP Software Market by Deployment
- 8.6 Nigeria MEP Software Market
- 8.6.1 Nigeria MEP Software Market by Component
- 8.6.2 Nigeria MEP Software Market by Application
- 8.6.3 Nigeria MEP Software Market by Deployment
- 8.7 Rest of LAMEA MEP Software Market
- 8.7.1 Rest of LAMEA MEP Software Market by Component
- 8.7.2 Rest of LAMEA MEP Software Market by Application
- 8.7.3 Rest of LAMEA MEP Software Market by Deployment
Chapter 9. Company Profiles
- 9.1 Access Technology Group Limited
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Regional Analysis
- 9.1.4 Research & Development Expenses
- 9.2 Trimble, Inc.
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Segmental and Regional Analysis
- 9.2.4 Research & Development Expenses
- 9.2.5 Recent strategies and developments:
- 9.2.5.1 Product Launches and Product Expansions:
- 9.2.6 SWOT Analysis
- 9.3 ProgeSOFT SA
- 9.3.1 Company Overview
- 9.4 MagiCAD Group Oy
- 9.4.1 Company Overview
- 9.4.2 Recent strategies and developments:
- 9.4.2.1 Product Launches and Product Expansions:
- 9.5 Renga Software LLC
- 9.5.1 Company Overview
- 9.6 ePROMIS Solutions
- 9.6.1 Company Overview
- 9.7 ACCA software S.p.A.
- 9.7.1 Company Overview
- 9.8 RIB Software SE (Schneider Electric Investment AG)
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Research & Development Expense
- 9.9 Autodesk, Inc.
- 9.9.1 Company Overview
- 9.9.2 Financial Analysis
- 9.9.3 Regional Analysis
- 9.9.4 Research & Development Expenses
- 9.9.5 SWOT Analysis
- 9.10. On Center Software, Inc. (Roper Technologies, Inc.)
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental Analysis
LIST OF TABLES
- TABLE 1 LAMEA MEP Software Market, 2020 - 2023, USD Million
- TABLE 2 LAMEA MEP Software Market, 2024 - 2031, USD Million
- TABLE 3 LAMEA MEP Software Market by Component, 2020 - 2023, USD Million
- TABLE 4 LAMEA MEP Software Market by Component, 2024 - 2031, USD Million
- TABLE 5 LAMEA Software Market by Country, 2020 - 2023, USD Million
- TABLE 6 LAMEA Software Market by Country, 2024 - 2031, USD Million
- TABLE 7 LAMEA Service Market by Country, 2020 - 2023, USD Million
- TABLE 8 LAMEA Service Market by Country, 2024 - 2031, USD Million
- TABLE 9 LAMEA MEP Software Market by Application, 2020 - 2023, USD Million
- TABLE 10 LAMEA MEP Software Market by Application, 2024 - 2031, USD Million
- TABLE 11 LAMEA Mechanical Market by Country, 2020 - 2023, USD Million
- TABLE 12 LAMEA Mechanical Market by Country, 2024 - 2031, USD Million
- TABLE 13 LAMEA Electrical Market by Country, 2020 - 2023, USD Million
- TABLE 14 LAMEA Electrical Market by Country, 2024 - 2031, USD Million
- TABLE 15 LAMEA Plumbing Market by Country, 2020 - 2023, USD Million
- TABLE 16 LAMEA Plumbing Market by Country, 2024 - 2031, USD Million
- TABLE 17 LAMEA MEP Software Market by Deployment, 2020 - 2023, USD Million
- TABLE 18 LAMEA MEP Software Market by Deployment, 2024 - 2031, USD Million
- TABLE 19 LAMEA Cloud Market by Country, 2020 - 2023, USD Million
- TABLE 20 LAMEA Cloud Market by Country, 2024 - 2031, USD Million
- TABLE 21 LAMEA On-Premise Market by Country, 2020 - 2023, USD Million
- TABLE 22 LAMEA On-Premise Market by Country, 2024 - 2031, USD Million
- TABLE 23 LAMEA MEP Software Market by Country, 2020 - 2023, USD Million
- TABLE 24 LAMEA MEP Software Market by Country, 2024 - 2031, USD Million
- TABLE 25 Brazil MEP Software Market, 2020 - 2023, USD Million
- TABLE 26 Brazil MEP Software Market, 2024 - 2031, USD Million
- TABLE 27 Brazil MEP Software Market by Component, 2020 - 2023, USD Million
- TABLE 28 Brazil MEP Software Market by Component, 2024 - 2031, USD Million
- TABLE 29 Brazil MEP Software Market by Application, 2020 - 2023, USD Million
- TABLE 30 Brazil MEP Software Market by Application, 2024 - 2031, USD Million
- TABLE 31 Brazil MEP Software Market by Deployment, 2020 - 2023, USD Million
- TABLE 32 Brazil MEP Software Market by Deployment, 2024 - 2031, USD Million
- TABLE 33 Argentina MEP Software Market, 2020 - 2023, USD Million
- TABLE 34 Argentina MEP Software Market, 2024 - 2031, USD Million
- TABLE 35 Argentina MEP Software Market by Component, 2020 - 2023, USD Million
- TABLE 36 Argentina MEP Software Market by Component, 2024 - 2031, USD Million
- TABLE 37 Argentina MEP Software Market by Application, 2020 - 2023, USD Million
- TABLE 38 Argentina MEP Software Market by Application, 2024 - 2031, USD Million
- TABLE 39 Argentina MEP Software Market by Deployment, 2020 - 2023, USD Million
- TABLE 40 Argentina MEP Software Market by Deployment, 2024 - 2031, USD Million
- TABLE 41 UAE MEP Software Market, 2020 - 2023, USD Million
- TABLE 42 UAE MEP Software Market, 2024 - 2031, USD Million
- TABLE 43 UAE MEP Software Market by Component, 2020 - 2023, USD Million
- TABLE 44 UAE MEP Software Market by Component, 2024 - 2031, USD Million
- TABLE 45 UAE MEP Software Market by Application, 2020 - 2023, USD Million
- TABLE 46 UAE MEP Software Market by Application, 2024 - 2031, USD Million
- TABLE 47 UAE MEP Software Market by Deployment, 2020 - 2023, USD Million
- TABLE 48 UAE MEP Software Market by Deployment, 2024 - 2031, USD Million
- TABLE 49 Saudi Arabia MEP Software Market, 2020 - 2023, USD Million
- TABLE 50 Saudi Arabia MEP Software Market, 2024 - 2031, USD Million
- TABLE 51 Saudi Arabia MEP Software Market by Component, 2020 - 2023, USD Million
- TABLE 52 Saudi Arabia MEP Software Market by Component, 2024 - 2031, USD Million
- TABLE 53 Saudi Arabia MEP Software Market by Application, 2020 - 2023, USD Million
- TABLE 54 Saudi Arabia MEP Software Market by Application, 2024 - 2031, USD Million
- TABLE 55 Saudi Arabia MEP Software Market by Deployment, 2020 - 2023, USD Million
- TABLE 56 Saudi Arabia MEP Software Market by Deployment, 2024 - 2031, USD Million
- TABLE 57 South Africa MEP Software Market, 2020 - 2023, USD Million
- TABLE 58 South Africa MEP Software Market, 2024 - 2031, USD Million
- TABLE 59 South Africa MEP Software Market by Component, 2020 - 2023, USD Million
- TABLE 60 South Africa MEP Software Market by Component, 2024 - 2031, USD Million
- TABLE 61 South Africa MEP Software Market by Application, 2020 - 2023, USD Million
- TABLE 62 South Africa MEP Software Market by Application, 2024 - 2031, USD Million
- TABLE 63 South Africa MEP Software Market by Deployment, 2020 - 2023, USD Million
- TABLE 64 South Africa MEP Software Market by Deployment, 2024 - 2031, USD Million
- TABLE 65 Nigeria MEP Software Market, 2020 - 2023, USD Million
- TABLE 66 Nigeria MEP Software Market, 2024 - 2031, USD Million
- TABLE 67 Nigeria MEP Software Market by Component, 2020 - 2023, USD Million
- TABLE 68 Nigeria MEP Software Market by Component, 2024 - 2031, USD Million
- TABLE 69 Nigeria MEP Software Market by Application, 2020 - 2023, USD Million
- TABLE 70 Nigeria MEP Software Market by Application, 2024 - 2031, USD Million
- TABLE 71 Nigeria MEP Software Market by Deployment, 2020 - 2023, USD Million
- TABLE 72 Nigeria MEP Software Market by Deployment, 2024 - 2031, USD Million
- TABLE 73 Rest of LAMEA MEP Software Market, 2020 - 2023, USD Million
- TABLE 74 Rest of LAMEA MEP Software Market, 2024 - 2031, USD Million
- TABLE 75 Rest of LAMEA MEP Software Market by Component, 2020 - 2023, USD Million
- TABLE 76 sRest of LAMEA MEP Software Market by Component, 2024 - 2031, USD Million
- TABLE 77 Rest of LAMEA MEP Software Market by Application, 2020 - 2023, USD Million
- TABLE 78 Rest of LAMEA MEP Software Market by Application, 2024 - 2031, USD Million
- TABLE 79 Rest of LAMEA MEP Software Market by Deployment, 2020 - 2023, USD Million
- TABLE 80 Rest of LAMEA MEP Software Market by Deployment, 2024 - 2031, USD Million
- TABLE 81 Key Information - Access Technology Group Limited
- TABLE 82 Key Information - Trimble, Inc.
- TABLE 83 Key Information - ProgeSOFT SA
- TABLE 84 Key Information - MagiCAD Group Oy
- TABLE 85 Key Information - Renga Software LLC
- TABLE 86 Key Information - ePROMIS Solutions
- TABLE 87 Key Information - ACCA software S.p.A.
- TABLE 88 Key Information - RIB Software SE
- TABLE 89 Key Information - Autodesk, Inc.
- TABLE 90 Key Information - On Center Software, Inc.
