MEP Software Market Size to Surpass USD 9.20 Billion by 2032 | SNS Insider

The MEP software market is growing rapidly due to the complexity of building systems and the rising demand for energy-efficient solutions.

AUSTIN, TX, UNITED STATES, February 12, 2025 /EINPresswire.com/ -- The MEP Software Market size was USD 3.80 billion in 2023 and is expected to reach USD 9.20 billion by 2032, growing at a CAGR of 10.34% over the forecast period of 2024-2032.

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Keyplayres:
Autodesk - Revit MEP
Trimble - Tekla Structures
Hexagon - Smart MEP
Dassault Systèmes - CATIA
Bentley Systems - OpenBuildings Designer
Nemetschek Group - Allplan
Siemens - Desigo CC
AVEVA - AVEVA Everything 3D (E3D)
Procore Technologies - Procore MEP
Graphisoft - ARCHICAD
CYPE - CYPECAD MEP
MagiCAD - MagiCAD for Revit
IES - IESVE
Fiatech - Techno-Structural MEP
Kreon - Scan-to-BIM
Vico Software - Vico Office
ZWSOFT - ZWCAD
Cadalyst - AutoCAD MEP
Bluebeam - Revu
BIMobject - BIMobject Cloud

By Software, BIM MEP Software Leads Market Share, While CAD MEP Software Sees Fastest Growth
The BIM MEP software segment dominated the market, accounting for 70.28% of the share. This dominance is attributed to the growing demand for BIM in the design, construction, and management of MEP systems, enhancing collaboration, design accuracy, and operational efficiency.
The CAD MEP software segment is anticipated to experience the fastest CAGR of 11.22% from 2024 to 2032, driven by the ongoing demand for precise design and drafting tools in the MEP field.

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By Application, the Electrical Segment Leads the Market, While the Mechanical Segment Sees the Fastest Growth
In 2023, the Electrical segment accounted for the largest market share at 46.70%, as electrical systems are crucial to all construction projects, they form the backbone of modern buildings. They support the power distribution, lighting, and communication networks of a building. Their critical role in ensuring the functionality of buildings is the driving force behind this segment's dominance.

The mechanical segment is expected to experience the fastest CAGR of 11.70% during the forecast period, driven by the crucial role of HVAC systems (heating, ventilation, and air conditioning) in modern buildings, which is considered necessary for comfort. Energy efficiency, sustainability, and the reduced emission of carbon have raised demand for adopting sophisticated mechanical systems in commercial as well as residential buildings.

By Services, Advice & Engineering Services Lead, While System Integration Sees Fastest Growth
In 2023, the Advice and Engineering Services segment led the MEP software market. This portion ensures the provision of expert advice in system design, ensuring optimal integration of the software for better results from the project. It is dominant because most systems that are built now are becoming more complex and require such sophisticated engineering knowledge to implement and manage them.

The System Integration services segment is expected to witness the fastest growth during the forecast period. As MEP software solutions become increasingly complex, there is a need for the seamless integration of multiple systems and platforms. System integration will ensure that there is efficient collaboration between various technologies, making the operations smarter and more connected buildings, thereby driving its growth rapidly.

By Region, North America Leads MEP Software Market, While Asia-Pacific Sees Fastest Growth
North America dominated the MEP software market in 2023, capturing a significant revenue share. Advanced infrastructure, higher penetration of modern technologies, and a significant amount of investment in construction and smart building projects across the region attribute to this leadership. The growth is further spurred by strong demand for energy-efficient systems and sustainable building practices.

The Asia-Pacific region is expected to see the fastest CAGR during the forecast period 2024-2032, fueled by rapid urbanization, this includes infrastructure growth, and the adoption of advanced technologies in countries like China, India, and Japan. Construction activities, especially in emerging markets, are also growing, thus boosting the demand for MEP software in the region.

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