Radio Frequency Monitoring Systems Procurement Category Market Research Report Now Available from IBISWorld

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Market conditions are generally favorable for buyers; although prices have risen in recent years, buyer power is aided by low price volatility, low switching costs and low vendor financial risk. To help procurement professionals make better buying decisions faster, business intelligence firm IBISWorld has added a report on the procurement of Radio Frequency Monitoring Systems to its growing collection of procurement category market research reports.

IBISWorld procurement market research
Price growth is expected to remain stable, though slightly slower than in recent years due to more moderate demand stemming from slower growth in internet usage and research and development expenditure.

Radio frequency monitoring systems have a buyer power score of 3.5 out of 5, reflecting slightly favorable market conditions for buyers. Factors limiting buyer power include the relatively small number of suppliers, few available substitutes, product specialization and volatile input costs. “Despite these limiting factors, market characteristics that have increased buyer power are slow and steady price growth with very little volatility, low switching costs and low vendor financial risk,” says IBISWorld procurement analyst Michelle Hovanetz.

About 750 suppliers provide radio frequency monitoring systems. There is a medium level of market share concentration among this relatively small number of suppliers. Agilent, Danaher (brand name Tektronix), Rohde & Schwarz and Anritsu are among the largest manufacturers of radio frequency monitoring systems. Substitutes do not exist for the purpose of monitoring radio communications; however, monitoring systems can be rented or leased rather than purchased. In addition, radio frequency monitoring systems in general have a medium level of product specialization. While basic, ready-to-order product options are available, most suppliers allow for configuration to buyer specifications with each order, making it easier for buyers to configure a system best suited for their particular application. “A small number of suppliers and a fairly specialized product decrease buyer power because they limit a buyer's purchasing options in addition to limiting the competition within the market,” adds Hovanetz. “These factors make buyer negotiation more difficult.”

Alternatively, low switching costs help improve buyer power because they make it simple for buyers to move from supplier to supplier, negotiating lower prices. Low and steady price growth has benefited buyer power in recent years. Prices have risen very slightly and are expected to continue rising in the coming years. Price volatility has been low, indicating very little fluctuation in the price trend historically. Conversely, the price of raw material inputs such as steel and plastic has increased with a high degree of volatility, contributing to larger costs for suppliers. Price increases due to these higher input costs are mitigated by the consistently declining cost of technology. Vendors in this market have fairly high profit margins on average, helping to contribute to an overall low level of financial risk among firms in the market. For more information, visit IBISWorld’s Radio Frequency Monitoring Systems procurement category market research report page.

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IBISWorld Procurement Report Key Topics

This report is intended to assist buyers of radio frequency monitoring systems. Measuring and test equipment manufacturers produce radio frequency monitoring systems, which analyze radio signals for a variety of purposes including the improvement of frequency clarity in telecommunications. Depending on the purpose for which it is used, monitoring system equipment may vary. This report is primarily focused on spectrum analyzers as they are most commonly used to detect, monitor and analyze radio frequencies in communication services applications.

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
Quality Control
Supply Chain & Vendors
Supply Chain Dynamics
Supply Chain Risk
Competitive Environment
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 or call 1-800-330-3772.

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Gavin Smith
IBISWorld Inc.
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