Overview

IBISWorld’s Electrical Engineering Services Procurement Research Report helps simplify the purchasing process. This report provides tools such as pricing trends and forecasts, supplier benchmarks and negotiation questions to help you work with internal stakeholders and executives to manage the procurement process for your company. With this information, your company will be able to make credible and knowledgeable decisions regarding purchasing Electrical Engineering Services.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard
REPORT SNAPSHOT

Electrical Engineering Services - Recent Price Trend

The average price of electrical engineering services has been rising an estimated annualized 0.4% during the three years to 2016. Rising demand for electrical engineering services has placed upward pressure on service prices, but intense competition and declines in input costs have mitigated the rate of this growth.Rising demand has been the most influential driver of price growth. As private...

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Electrical Engineering Services - Total Cost of Ownership

Compared with the benchmark price, electrical engineering services have a low total cost of ownership. To attract business, engineering firms usually offer free consultations and estimates. Furthermore, engineers are expected to be knowledgeable about all aspects of power distribution, lighting, electrical equipment and design, and they should also be familiar with local laws and regulations...

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About this Report

This report is intended to assist buyers of electrical engineering services. Suppliers of these services help buyers with voltage power distribution, facility electrical system design, lighting design, building system controls, standby power applications, power system analysis and electrical safety code compliance. This report excludes electronics engineering and computer engineering services.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Regulation
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
  Imports
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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