Gas Detectors Procurement Category Market Research Report Now Available from IBISWorld

Share Article

Gas detectors have a buyer power score of 3.7 out of 5, indicating moderate buyer negotiation poweras a result of moderate market concentration, which gives them the choice of many suppliers, the availability of inexpensive imports helps to keep prices low and low price driver volatility; temperate price changes allow buyers to predict and budget gas detector purchases with higher confidence. For these reasons and to help procurement professionals make better buying decisions faster, business intelligence firm IBISWorld has added a report on the procurement of Gas Detectors to its growing collection of procurement category market research reports.

News Image
Despite falling input prices, the price of gas detectors has risen slightly because of rising commercial demand trends in the three years to 2014

Gas detectors have a buyer power score of 3.7 out of 5, indicating moderate buyer negotiation power. “Gas detectors can be fixed or portable and range from basic household carbon monoxide detectors to sophisticated multigas detectors capable of reading gas concentrations in parts per million. Buyers benefit from moderate market concentration, which gives them the choice of many suppliers, especially amongst distributors,” according to IBISWorld business research analyst Kevin Young.

Major players are generally international corporations with established brand names, such as Honeywell International Inc., Home Depot Inc, Airgas Inc. and Dragerwerk AG. It follows that such companies can produce huge quantities of detectors at a comparatively low cost, allowing them to achieve economies of scale and maintain dominant market shares. The availability of inexpensive imports helps to keep prices low, forcing domestic manufacturers to adjust prices to compete. Low price driver volatility has contributed to stable price growth in the past three years. Temperate price changes allow buyers to predict and budget gas detector purchases with higher confidence.

The prices of semiconductors and other digital components required to produce gas detectors have fallen significantly during the past three years, putting downward pressure on market prices and benefiting buyer power. Low switching costs provide suppliers with the opportunity to change suppliers in the event that a product or service becomes unsatisfactory. The total cost of ownership for gas detection products is also low, allowing buyers to operate these products for extensive service lives without the risk of unpredictable operational costs.

Alternatively, other aspects of the gas detector market are detrimental to buyer power. Despite falling input prices, demand from the commercial sector caused gas detector prices to increase in the past three years. In the three years to 2017, demand from the housing, industrial and mining sectors is forecast to drive a price increase,” Young says. Additionally, buyer power suffers from a lack of substitute goods. If possible, buyers are advised to procure gas detectors directly from manufacturers because these suppliers typically charge less of a markup than distributors. For more information, visit IBISWorld’s Gas Detectors procurement category market research report page.

Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld
Like IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189

IBISWorld Procurement Report Key Topics

This report is intended to assist buyers of gas detectors. Gas detectors perform ambient air safety checks for carbon monoxide, hydrogen sulfide, oxygen and other combustible or toxic gases. This report excludes smoke detectors.
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
Competitive Environment
Market Share Concentration
Market Profitability
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.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Gavin Smith
IBISWorld Inc.
+1 (310) 866-5042
Email >
Visit website