Overview

IBISWorld’s Procurement Research Reports cover thousands of indirect purchasing lines. Our data and analysis help you strategically engage and negotiate with suppliers and give you the credibility to work with internal stakeholders and executives. IBISWorld’s Torque Measuring Equipment procurement research provides price trends and forecasts, supplier benchmarks and negotiation questions all intended to give your company leverage during the sourcing process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard
REPORT SNAPSHOT

Torque Measuring Equipment - Recent Price Trend

The price of torque measuring equipment has been rising at an average annual rate of 0.7% in the three years to 2017. While increasing demand and continual product development have been underpinning price increases, the falling prices of electronic components have been limiting the extent of recent price growth.During the past three years, rising consumer spending and strengthening business...

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Torque Measuring Equipment - Total Cost of Ownership

The total cost of ownership (TCO) for torque measuring equipment is medium, with operating expenses totaling up to 60% of the equipment purchase price. In addition to the initial purchase price, buyers are also subject to costs associated with installation, training and maintenance and repair services over the service life of the equipment. The life span for torque measuring equipment is...

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About this Report

This report is intended to assist buyers of torque measuring equipment. Torque measuring devices referenced in this report are defined as the complete instruments encompassing all related parts, from the torque transducer to the indicating device. These products include wireless telemetry equipment, testing and calibrating hand tools, laboratory calibration equipment, dynamometers and other mounted or noncontact sensors used for measuring static and dynamic torque. Key buyers include oil and gas extractors, industrial manufacturers, research laboratories and construction firms. This report does not include supplementary software or devices that measure other variables such as pressure or temperature.

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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