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Aeronautical Engineering Services Procurement Research Report | Published: Jul 2016

Helping businesses make better purchasing decisions, faster

Aeronautical Engineering Services: Procurement Research Report Highlights

Benchmark Price RFP/RFQ/Negotiation Questions
3-year Price Forecast Supply Chain Analysis
Supplier Intelligence Sample Buyer Decision Scorecard
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If your company is looking to save time and money during the initial stages of the buying process, IBISWorld’s Aeronautical Engineering Services procurement research will provide you with the tools necessary to do just that. This report breaks down the data and analysis behind buying Aeronautical Engineering 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.

Report Snapshot
Price Forecast & Benchmarking
Benchmark Price
Benchmark Price
Price Change 13-16
IBISWorld Buyer
Power Score
X.X
Profit Benchmark
Profit Benchmark
Price Change 16-19
Price Change
Aeronautical Engineering Services - Recent Price Trend

During the three years to 2016, the average price for aeronautical engineering services has been rising at an estimated average annual rate of 1.4%. Although service rates have slowly trended upward, low price volatility has supported buyer power during the period by enabling accurate budgeting.Demand for these services is primarily shaped by the financial performance of buyers, including... purchase to read more

Aeronautical Engineering Services - Total Cost of Ownership

The use of the time and materials pricing model in the aeronautical engineering services market factors many of the associated costs into the price of the project. As such, the total cost of ownership is low, with add-on costs amounting to less than 50.0% of the benchmark purchase price per year. Depending on the task that the buyer is procuring these services for, buyers may incur few additional... purchase to read more

 


About This ReportRelated ReportsTable of Contents

This report is intended to assist buyers of aeronautical engineering services, often referred to by the broader term of aerospace engineering. Operators provide expertise pertinent to the design/concept/analysis, production and the in-service (i.e. maintenance, modifications, logistics and fleet support) phases of aircraft or related devices. Relevant services include durability tests, thermal analysis and damage tolerance analysis. Aeronautical engineers also offer consultancy services to help improve the productivity and efficiency of the buyer's operations by better managing talent and the costs of production. Additionally, some vendors provide services aimed at achieving different certifications, such as approval of a device or a plane by the Federal Aviation Administration.



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