If your company is looking to save time and money during the initial stages of the buying process, IBISWorld’s Industrial Leak Detection Services procurement research will provide you with the tools necessary to do just that. This report breaks down the data and analysis behind buying Industrial Leak Detection 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

Industrial Leak Detection Services - Recent Price Trend

During the three years to 2017, the average price of industrial leak detection services has been growing steadily at an estimated average annual rate of 1.6% to about $398.96 per mile. Downstream demand stemming from greater oil and gas extraction and refining activity, as well as the strengthening water supply and irrigation sectors, have driven demand upward for industrial leak detection...


Industrial Leak Detection Services - Total Cost of Ownership

The total cost of ownership for industrial leak detection services is moderate, primarily due to the additional costs required for repair services. The benchmark price corresponds only to the leak detection service and excludes all repair and maintenance costs. Moreover, buyers that choose to develop a customized solution will incur greater additional costs. For example, specialist companies,...


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About this Report

This report is intended to assist buyers of industrial leak detection services. Industrial leak detection refers to maintaining the functionality of a broad range of industrial equipment or infrastructure. Suppliers primarily provide detection services for water, oil and gas leaks. Providers of leak detection services inspect pipes, pumps, storage tanks, valves, open-ended lines, compressors, connectors and other equipment for leaks. Service suppliers also provide sealing and repair services at an additional cost by modifying or replacing the equipment with leak-less and seal-less components, such as valves and pumps.

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
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
 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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