Overview

If your company is looking to save time and money during the initial stages of the buying process, IBISWorld’s Instrumented Control Systems Services procurement research will provide you with the tools necessary to do just that. This report breaks down the data and analysis behind buying Instrumented Control Systems Services, such as pricing dynamics, supply chain risks and external demand drivers. Your company will also gain expert negotiation tactics to help gain leverage when working with suppliers.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard
REPORT SNAPSHOT

Instrumented Control Systems Services - Recent Price Trend

In the three years to 2016, the price of instrumented control systems services has been rising moderately at an estimated average annual rate of 2.8%. Demand has been robust because instrumented control systems are required to help prevent accidents and system failures. Although increasing service rates have somewhat challenged buyer leverage in negotiations, low price volatility during the...

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Instrumented Control Systems Services - Total Cost of Ownership

The total cost of ownership is high for instrumented control systems services. To prevent small risks from escalating into larger disasters, the buyer will have to implement new safety instrumented functions to allow their facilities and plants to be in a safe operating mode. Depending on the level of safety integrity or risk reduction required, the buyer will have to add new hardware, design new...

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About this Report

This report is intended to assist buyers of instrumented control systems services. Specifically, this report covers fire and gas monitoring and control system engineering services, as well as process control system design and engineering services. Providers of these design and engineering services help buyers with programming and starting up new and outdated control systems; evaluating existing safety instrumented systems; identifying, evaluating and reducing risk; auditing processes; developing procedures; and planning capital improvements to collect data for the control and monitoring of operations. This report does not cover energy and utility consulting 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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