Air Quality Monitoring Services Procurement Category Market Research Report from IBISWorld has Been Updated

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Local and federal regulations are strict regarding the quality of air and the levels of pollution that a business generates, making air quality monitoring services necessary to avoid environmental damage and legal repercussions, thus, buyers have a lack of practical substitutes to choose from when seeking methods of monitoring their levels of air pollution. For these reasons and to help procurement professionals make better buying decisions faster, business intelligence firm IBISWorld has updated a report on the procurement of Air Quality Monitoring Services in its growing collection of procurement category market research reports.

IBISWorld procurement market research
Prices will continue to rise during the three years to 2017 as demand continues to strengthen from the industrial, energy and construction sectors

Air quality monitoring services have a buyer power score of 2.7 out of 5, indicating a moderate level of buyer negotiating power. Low market share concentration and low price volatility aid buyers in this market. However, buyer power is hurt by the high level of specialization associated with this service and the lack of substitutes available to buyers.

“The market for air quality monitoring services is primarily composed of small and midsize regional vendors,” according to IBISWorld business research analyst Ian Buchanan. The top four suppliers generate less than 30.0% of market revenue, contributing to high levels of competition among suppliers. Heavy competition increases the pressure on suppliers to offer flexible pricing to avoid being undercut by competitors, boosting buyers' negotiation power. However, air quality monitoring services are highly specialized, requiring customized solutions for each buyer. Additionally, these services require extensive knowledge and special equipment to be able to collect and analyze data accurately. The high level of customization required makes it difficult for buyers to find a pool of suppliers that can meet all the requirements for their specific operations, while maintaining a high level of quality. By limiting the number of suppliers to choose from, the high level of specialization weakens buyer power. Furthermore, local and federal regulations are strict regarding the quality of air and the levels of pollution that a business generates, making air quality monitoring services necessary to avoid environmental damage and legal repercussions. As a result, buyers have a lack of practical substitutes to choose from when seeking methods of monitoring their levels of air pollution. Knowing this, suppliers gain pricing leverage and buyer power is reduced.

“Although buyers are negatively affected by rising service prices, the purchasing environment has been improved over the past three years due to a low level of price volatility,” says Buchanan. This low volatility is beneficial to buyers because it indicates a low risk of experiencing extreme price fluctuations, allowing buyers to make more accurate cost estimations and budget for purchase. Major vendors include AECOM, Bureau Veritas, CH2M Hill and Intertek Group. For more information, visit IBISWorld’s Air Quality Monitoring Services procurement category market research report page.

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IBISWorld Procurement Report Key Topics

This report is intended to assist buyers of air quality monitoring services. Suppliers of these services test and monitor outdoor ambient air using a variety of air analysis equipment on an ongoing basis. Specific services include ambient air quality monitoring, atmospheric and dispersion modeling, carbon footprint measurement, compliance management, and emissions measurement and characterization. Air quality monitoring services are commonly conducted for businesses in the mining, manufacturing, oil and natural gas industries. Air pollution protection, abatement, remediation services and indoor air quality monitoring are excluded from this report, as is consumer product chemical emissions testing.

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.

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Gavin Smith
IBISWorld Inc.
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