Summary – A new market study, “Covid-19 Impact on Global MEP Software Market Size, Status and Forecast 2020-2026” has been featured on WiseGuyReports.

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%.
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Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost 100 countries around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the MEP Software market in 2020.
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.
The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.
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This report also analyses the impact of Coronavirus COVID-19 on the MEP Software industry.
Based on our recent survey, we have several different scenarios about the MEP Software YoY growth rate for 2020. The probable scenario is expected to grow by a xx% in 2020 and the revenue will be xx in 2020 from US$ 1230 million in 2019. The market size of MEP Software will reach xx in 2026, with a CAGR of xx% from 2020 to 2026.
With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global MEP Software market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global MEP Software market in terms of revenue.
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Players, stakeholders, and other participants in the global MEP Software market will be able to gain the upper hand as they use the report as a powerful resource. For this version of the report, the segmental analysis focuses on revenue and forecast by each application segment in terms of revenue and forecast by each type segment in terms of revenue for the period 2015-2026.
Regional and Country-level Analysis
The report offers an exhaustive geographical analysis of the global MEP Software market, covering important regions, viz, North America, Europe, China, Japan, Southeast Asia, India and Central & South America. It also covers key countries (regions), viz, U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, UAE, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by each application segment in terms of revenue for the period 2015-2026.
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Competition Analysis
In the competitive analysis section of the report, leading as well as prominent players of the global MEP Software market are broadly studied on the basis of key factors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on price and revenue (global level) by player for the period 2015-2020.
On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global MEP Software market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global MEP Software market.
The following players are covered in this report:
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
MEP Software Breakdown Data by Type
BIM MEP Software
CAD MEP Software
MEP Software Breakdown Data by Application
Construction Industry
Electrical Engineering
Mechanical Engineering
Plumbing Industry
Others
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