Global Electric Services Supply Report with Top Spending Regions and Market Price Trends | SpendEdge | New

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NEW YORK, June 17, 2022 /PRNewswire/ — The size of the electrical services market is expected to increase by $28.57 billion by 2026, to a Compound annual growth rate (CAGR) of 4.97% during the forecast period. Learn more about this market.

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Sourcing Strategies Most Adopted by Buyers Across All Industries

The report provides a detailed overview of the sourcing strategies most adopted by buyers across all industries and an analysis of these strategies in terms of innovation, regulatory compliance, quality, supply and cost. Adopting these sourcing strategies will allow buyers to reduce category TCO and realize cost savings, while sourcing for electrical service needs.

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The report provides information on the following information:

  • Dynamics of regional spending and factors affecting costs
  • Total cost of ownership and cost reduction opportunities
  • Supply chain margins and pricing models
  • Supplier Competitiveness Index
  • Market preference index for suppliers
  • Supplier and buyer KPIs

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Report Metrics


Reference year considered


Forecast period

2022 – 2026

Forecast units

Billions of dollars

Geographies covered

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

Major Electrical Service Providers

ABB, Siemens and Schneider Electric

Most expensive models

Flat rate model, hourly rate model and cost plus model

Top Selling Buys Research Report:

The answers in this sourcing report help buyers identify and shortlist the most appropriate suppliers for their Electrical services market following requirements questions:

  • Am I in contact with the right suppliers?
  • What KPIs should I use to assess my incumbent suppliers?
  • What are the selection criteria for relevant suppliers?
  • What are the essentials of the workplace computing device category in terms of SLA and RFx?


  • Summary
  • Market overview
  • Overview of category prices
  • Cost reduction opportunities
  • Best Practices
  • Category Ecosystem
  • Category management strategy
  • Category management tools
  • Selection of suppliers
  • Undercover providers
  • US Market Outlook
  • Category scope


About SpendEdge:

ExpenseEdge shares your passion for sourcing and sourcing excellence. We are the preferred procurement market intelligence partner for more than 120 Fortune 500 companies and other leading companies across many industries. Our strength lies in providing reliable, real-time reports and solutions in the supply market.



Anirban Choudhury

Marketing Manager

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