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Electrical Safety Devices Procurement Research Report | Published: May 2014

Helping businesses make better purchasing decisions, faster

Electrical Safety Devices: 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 Procurement Research Reports cover thousands of indirect purchasing lines. Our data and analysis help you strategically engage and negotiate with suppliers and give you the credibility to work with internal stakeholders and executives. IBISWorld’s Electrical Safety Devices procurement research provides price trends and forecasts, supplier benchmarks and negotiation questions all intended to give your company leverage during the sourcing process.

Report Snapshot
Price Forecast & Benchmarking
Benchmark Price
Benchmark Price
Price Change 11-14
IBISWorld Buyer
Power Score
X.X
Profit Benchmark
Profit Benchmark
Price Change 14-17
Price Change
Electrical Safety Devices - Recent Price Trend

Over the past three years, the prices for electrical safety devices have risen at an average annual rate of 1.0% due to increasing demand trends. Falling copper prices have helped mitigate the effects of other rising input costs such as plastic used in device housings. Suppliers pass these input cost changes to buyers in the form of lower product prices. In 2013, the growth in... purchase to read more

Electrical Safety Devices - Total Cost of Ownership

The total cost of electrical safety devices extends beyond the sales price of the device itself. Buyers also must pay shipping fees to have the product transported from the supplier's warehouse to the buyer. Shipping costs vary based on the supplier. Some suppliers will not charge an additional fee for shipping. However, on average, shipping costs around $12 for one electrical device and... purchase to read more

 


About This ReportRelated ReportsTable of Contents

This report is intended to assist buyers of electrical safety devices. These products include residual current devices (RCDs), isolating transformers, shuttered sockets, recessed sockets and shrouded plugs, insulated metal pins, transparent sockets and plugs, and four-way switched socket outlets. RCDs are the main product out of these devices. An RCD is an electrical wiring device that disconnects a circuit if it senses an excess flow of electricity. Protective wear for electricians is excluded from this report. 



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