LONDON--(BUSINESS WIRE)--SpendEdge, a global procurement market intelligence firm, has announced the release of their Global Circuit Breakers Category - Procurement Market Intelligence Report.
The need to expand the existing electrical distribution and transmission systems is resulting in the high demand for electric circuit breakers, which, in turn, is accelerating the spend growth momentum for this category. Much of this growth can also be credited to the growing adoption of renewable energy sources, which is a result of stringent environmental policies.
“Buyers must select the right size of a circuit breaker by deciding on the connection of a group of fixtures. Selecting a right-sized circuit breaker will ensure optimum performance with minimum possibility of a circuit failure,” says SpendEdge procurement expert Tridib Bora.
The procurement of the right electrical equipment is critical for any business undertaking and, therefore, requires expert guidance that can help in adopting an efficient strategy to procure quality circuit breaker types in the best market price. Request a FREE sample report to see what our procurement reports can offer your business.
The procurement experts at SpendEdge expect the following factors to play a key role in influencing the global category spend for the circuit breakers market.
- High demand for electric circuit breakers for expanding the existing distribution and transmission systems
- Commercial and residential infrastructure facilities growth in the developing nations
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SpendEdge’s procurement market intelligence reports for the electrical components category identify the key category management objectives and provide insights into category pricing strategies. It helps the buyers in analyzing the supplier relationship management metrics during the category procurement process. Additionally, SpendEdge’s reports provide insights on the sustainability and procurement best practices for the category.
Report scope snapshot: Circuit breakers market
US market insights
- Overview of best practices in the US
- Procurement best practices in the US
- US supply market overview
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Suppliers selection
- Supplier selection criteria
- Service level agreement
- Incumbent supplier evaluation metrics
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Category pricing insights
- Total cost of ownership analysis
- Overview of pricing models
- Comparison of pricing models
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