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Aeronautical Engineering Services Procurement Research Report | Published: Oct 2015

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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The Aeronautical Engineering Services procurement report contains data and analysis of current and future trends when buying goods and services. IBISWorld’s in-depth procurement research is always presented in a logical and consistent format for easy reference throughout a company. The Aeronautical Engineering Services Procurement Research Report contains growth forecasts for a three-year outlook period and supplier profit benchmarks so your company can make the right purchasing decision.

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

In the three years to 2015, the average price for aeronautical engineering services has been rising at an estimated annualized rate of 1.0%. The price of engineering services fluctuates largely on the back of external demand drivers and input costs. Although service rates have trended slowly upward, low price volatility has promoted buyer power during the period.Demand for these services is... purchase to read more

Aeronautical Engineering Services - Total Cost of Ownership

The use of the time and materials pricing model in the aeronautical engineering service market factors many of the associated costs into the price of the project. As such, the total cost of ownership is low, with add-on costs amounting 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 additional... 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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