Overview

IBISWorld’s Elevator & Escalator Maintenance 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 Elevator & Escalator Maintenance Services.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard
REPORT SNAPSHOT

Elevator & Escalator Maintenance Services - Recent Price Trend

The average price of elevator and escalator maintenance services has been rising an estimated average of 0.8% annually from 2014 to 2017 with low volatility. Buyers benefit from low price volatility because it increases their ability to properly budget for elevator and escalator maintenance services. Ongoing, routine maintenance and inspections are low-cost, recurring services that generate a...

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Elevator & Escalator Maintenance Services - Total Cost of Ownership

There are few hidden costs associated with procuring elevator and escalator inspection, maintenance and repair services. Many suppliers offer pricing options that encompass all the costs associated with the labor and materials. However, some operators charge separately for some services. For example, a contract may include inspection and routine maintenance, but not certain repair work (which...

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About this Report

This report is intended to assist buyers of elevator and escalator maintenance services. Elevator and escalator maintenance services include all preventative and corrective maintenance practices conducted on both residential and nonresidential elevators and escalators. Contractors inspect, safety test, maintain and repair elevators, escalators, moving walkways, dumbwaiters and automated doors. Common buyers include property and construction managers. This report excludes repair of hoisting equipment and millwright contracting work, such as conveyor and storage systems.

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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