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

Elevators - Recent Price Trend

Elevator prices have been increasing during the three years to 2017 at an estimated annualized rate of 1.1%. Nonresidential building activity, which is the primary driver of demand, has declined slowly during the past three years due to lower investment in energy sector building. Residential building, in contrast, has exhibited significant gains in recent years. Nonetheless, residential...


Elevators - Total Cost of Ownership

The total cost of ownership for elevators is high, with the primary additional cost for buyers being installation. Licensed and experienced contractors are required not only to install elevators, but also to construct a vertical shaft. Furthermore, the construction of the vertical shaft also requires the expertise of an architect or structural engineer to ensure that it is properly designed and...


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About this Report

This report is intended to assist buyers of elevators. It is common for suppliers to install and service elevators in addition to selling them. This report excludes hoisting equipment and millwright contracting work (e.g. conveyor and storage systems). Typically, suppliers are either manufacturers or elevator service companies, the latter acting as distributors that perform installation, repairs and other services on elevators.

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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