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Electrical Safety Devices Procurement Research Report | Published: Oct 2016

Helping businesses make better purchasing decisions, faster

Electrical Safety Devices: 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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IBISWorld’s Electrical Safety Devices Procurement Research Report helps simplify the purchasing process. This report provides tools such as pricing trends and forecasts, supplier benchmarks and negotiation questions to help you work with internal stakeholders and executives to manage the procurement process for your company. With this information, your company will be able to make credible and knowledgeable decisions regarding purchasing Electrical Safety Devices.

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
Electrical Safety Devices - Recent Price Trend

In the three years to 2016, electrical safety device prices have been declining at an estimated average annual rate of 0.3%. Declining input and wage costs, and robust marketplace competition have compelled suppliers to lower prices. However, gains in demand have mitigated the rate of price declines in the past three years.Electrical safety devices are manufactured from a variety of metals,... purchase to read more

Electrical Safety Devices - Total Cost of Ownership

The total cost of electrical safety devices is low in comparison with the initial purchase price, but some ownership costs do exist. For example, shipping fees are required for transporting devices from the supplier's warehouse to the buyer and vary based on the supplier's location.Furthermore, buyers often have to hire electricians to install electrical safety devices. Installing a GFCI or AFCI... purchase to read more

 


About This ReportRelated ReportsTable of Contents

This report is intended to assist buyers of electrical safety devices, including ground-fault circuit interrupters (GFCIs) and arc-fault circuit interrupters (AFCIs). Electric safety devices help mitigate the risk of serious injury from an electric circuit. A GFCI is a device that disconnects a circuit when it senses that electricity is flowing through an unintended path (e.g. a person or through water) in order to reduce the risk of electrocution. AFCIs disconnect circuits when electrical arcs are detected in order to protect against electrical fires. This report excludes standard circuit breakers and fuses. Additionally, surge protectors and relays are excluded. Top buyers of electrical safety devices include electrical contracting firms, construction firms and building operators.



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