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

Leak Detection Equipment - Recent Price Trend

The average price for leak detection equipment has been growing slightly at an estimated annualized rate of 1.0% in the three years to 2017. While increasing demand has propelled price growth during the period, falling raw material prices and stiff market competition have prevented prices from rising more rapidly.Private investment in industrial equipment and machinery has been trending upward...


Leak Detection Equipment - Total Cost of Ownership

Leak detection equipment carries a medium total cost of ownership (TCO), which means additional costs amount to anywhere between 50.0% and 100.0% of the total price. For one, acquisition costs entail the time and money dedicated to the identification, selection and ordering of the required leak detection products. Reconfiguration costs include the shipping cost, which can add up depending on the...


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About this Report

This report is intended to assist buyers of leak detection equipment. Suppliers provide testing equipment that is primarily used for detecting water leaks, as well as combustible, noncombustible and toxic gas and oil leaks. Leak detectors can be broken down into three main categories: sniffer, ultrasonic and visual. Leak testing equipment detects air pressure or traces of water, oil or gas leakage in a variety of systems across medical, industrial, energy, utilities, automotive and packaging industries. This report excludes leak detection sealing and repair services as well as the rental of leak detection equipment.

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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