Growing private investment in computers and software has increased demand for computer displays.
Los Angeles, CA (PRWEB) March 04, 2014
Computer displays have a buyer power score of 4.0 out of 5. The relatively high score represents a beneficial pricing trend for buyers, with a steady decline in prices during the past decade. “Price-based competition has caused prices to fall, resulting in greater purchasing power for buyers as vendors attempt to lower prices to compete with growing imports,” says IBISWorld research analyst Andrew Krabeepetcharat. High competition from manufacturers overseas, buyers have some degree of leverage when negotiating price. As a result of moderate market share concentration though, buyers have few alternative suppliers from which to choose.
The price of computer displays has been declining steadily over the past decade. Declining prices have largely been the result of falling input costs of semiconductors and electronic components, which has allowed manufacturers and retailers to lower market prices to undercut competitors. During the three years to 2013, growing private investment in computers and software, as well as higher corporate profit, have increased demand for computer displays, allowing suppliers to maintain lower prices. Also, says Krabeepetcharat, “As the percentage of households that owns computers grew, the demand for computer displays increased, prompting new vendors to enter the market, further pushing down prices to compete.” Rising import penetration into the manufacturing sector has also prompted domestic suppliers to lower prices to compete with computer displays manufactured in lower wage countries.
Due to a steady trend in declining prices, it is not necessary for buyers to enter long-term contracts. A low level of supply chain risk also benefits buyers because there is little chance of any disruptions in obtaining computer displays. The majority of manufacturers are large multinational companies that produce a wide variety of electronics, which hedges any risk of supplier bankruptcy. Current suppliers include Hewlett-Packard, Dell, Samsung, ASUSTek, Acer and LG Electronics. To avoid holding onto outdated equipment, buyers should purchase computer displays on an as-needed basis. Furthermore, switching costs are low, giving buyers more influential negotiating power. For more information, visit IBISWorld’s Computer Displays procurement category market research report page.
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IBISWorld Procurement Report Key Topics
This report is intended to assist buyers of computer displays. Computer displays are electronic visual displays for computers. The monitor uses a display device, circuitry and an enclosure. The two main types of screens available are liquid-crystal display (LCD) and cathode ray tub (CRT) displays. Suppliers include manufacturers, wholesalers, and retailers.
Executive Summary
Pricing Environment
Price Fundamentals
Benchmark Price
Pricing Model
Price Drivers
Recent Price Trend
Price Forecast
Product Characteristics
Product Life Cycle
Total Cost of Ownership
Product Specialization
Substitute Goods
Regulation
Quality Control
Supply Chain & Vendors
Supply Chain Dynamics
Supply Chain Risk
Imports
Market Share Concentration
Vendor Financial Benchmarks
Switching Costs
Purchasing Process
Buying Basics
Buying Lead Time
Selection Process
Key RFP Elements
Negotiation Questions
Buyer Power Factors
Key Statistics
About IBISWorld Inc.
IBISWorld is one of the world's leading publishers of business intelligence, specializing in Industry research and Procurement research. Since 1971, IBISWorld has provided thoroughly researched, accurate and current business information. With an extensive online portfolio, valued for its depth and scope, IBISWorld’s procurement research reports equip clients with the insight necessary to make better purchasing decisions, faster. Headquartered in Los Angeles, IBISWorld Procurement serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.