Global Electrical Services Procurement Report with Top Spending Regions and Market Price Trends | SpendEdge | News

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NEW YORK, June 17, 2022 /PRNewswire/ — The Electrical Services market size is expected to grow by USD 28.57 Billion by 2026, at a Compound Annual Growth Rate (CAGR) of 4.97% during the forecast period. To know more about this market.

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Most Adopted Procurement Strategies by Buyers Across Industries

The report provides a detailed insight of the most adopted procurement strategies by buyers across industries and analysis of these strategies with respect to innovation, regulatory compliance, quality, supply, and cost. Adoption of these procurement strategies will enable the buyers to reduce category TCO and achieve cost savings, while sourcing for Electrical Services requirements.

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The report provides insights on the following information:

  • Regional spend dynamism and factors impacting costs
  • The total cost of ownership and cost-saving opportunities
  • Supply chain margins and pricing models
  • Competitiveness index for suppliers
  • Market favorability index for suppliers
  • Supplier and buyer KPIs

Get detailed insights on the COVID-19 pandemic crisis and recovery analysis of Electrical Services Market

Detect blind spots in your revenue decisions by analyzing interconnected unknowns around the “Electrical Services Market.”

Report Metrics


Base year considered


Forecast period

2022 – 2026

Forecast units

USD Billion

Geographies covered

North America, South America, Europe, Middle East and Africa, and APAC

Leading Electrical Services suppliers

ABB, Siemens, and Schneider Electric

Top Pricing Models

Flat fee model, Hourly rate model, and Cost-plus model

Best Selling Procurement Research Report:

  • Wireline Logging Services – Forecast and Analysis: The Electrical Services will grow at a CAGR of 5.50% during 2021-2025. Prices will increase by 3%-5% during the forecast period and suppliers will have moderate bargaining power in this market.
  • Asset Recovery Services Category Sourcing and Procurement Report: This report evaluates suppliers based on Cost and pricing, past engagements, productivity, and geographical presence.
  • Data Feed Management- Sourcing and Procurement Intelligence Report: The report provides a complete drill-down on global data feed management services spend outlook at a global as well as regional level. Current spending scenario, growth outlook, incremental spend, and other key information is available individually for North America, South America, Europe, Middle East and Africaand APAC.

This procurement report answers help buyers identify and shortlist the most suitable suppliers for their Electrical Services Market requirements the following questions:

  • Am I engaging with the right suppliers?
  • Which KPIs should I use to evaluate my incumbent suppliers?
  • Which supplier selection criteria are relevant for?
  • What are the workplace computing devices category essentials in terms of SLAs and RFx?

Table of Content

  • Executive Summary
  • Market Insights
  • Category Pricing Insights
  • Cost-saving Opportunities
  • Best Practices
  • Category Ecosystem
  • Category Management Strategy
  • Category Management Enablers
  • Suppliers Selection
  • Suppliers under Coverage
  • US Market Insights
  • Category scope


About SpendEdge:

SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence reports and solutions.



Anirban Choudhury

Marketing Manager

Ph No: +1 (872) 206-9340

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