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Aeronautical Engineering Services Procurement Research Report | Published: Dec 2014

Helping businesses make better purchasing decisions, faster

Aeronautical Engineering Services: Procurement Research Report Highlights

Benchmark Price RFP/RFQ/Negotiation Questions
3-year Price Forecast Supply Chain Analysis
Supplier Intelligence Sample Buyer Decision Scorecard
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IBISWorld’s Aeronautical Engineering Services Procurement Research Report offers purchasing insight into the Aeronautical Engineering Services market. Our analysis dissects pricing trends and the supply chain, including highlighting key suppliers and their financial benchmarks. The report also provides key pieces of take-away intelligence, such as negotiation question preparation and a buying decision scorecard, which includes factors weighted according to their importance in the decision-making process.

Report Snapshot
Price Forecast & Benchmarking
Benchmark Price
Benchmark Price
Price Change 14-17
IBISWorld Buyer
Power Score
Profit Benchmark
Profit Benchmark
Price Change 17-20
Price Change
Aeronautical Engineering Services - Recent Price Trend

Over the three years to 2014, the average price for aeronautical engineering services has risen at an annualized rate of 1.2% to an estimated $102.30 per hour. The price of engineering services fluctuates largely on the back of external demand drivers and input costs. Although service rates have trended upward, albeit slowly, low price volatility has promoted buyer power during the period.Demand... purchase to read more

Aeronautical Engineering Services - Total Cost of Ownership

The use of time and materials pricing model in the market for aeronautical engineering services factors in many of the costs associated with the service into price of the project. As such, the total cost of ownership is low, as add-on costs amount to less than 50.0% of the benchmark purchase price per year. Depending on the task that the buyer is procuring these services for, buyers may incur few... purchase to read more


About This ReportRelated ReportsTable of Contents

This report is intended to assist buyers of aeronautical engineering services, often referred to by the broader term of aerospace engineering. Operators provide expertise pertinent to the design/concept/analysis, production and the in-service (i.e. maintenance, modifications, logistics and fleet support) phases of aircraft or related devices. Relevant services include durability tests, thermal analysis and damage tolerance analysis. Aeronautical engineers also offer consultancy services to help improve the productivity and efficiency of the buyer's operations by better managing talent and the costs of production. Additionally, some vendors provide services aimed at achieving different certifications, such as an approval of a device or a plane by the Federal Aviation Administration.

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