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Procurement Market Intelligence Report

Axial Compressors
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Axial Compressors?

What is the average price of Axial Compressors?

This procurement report includes pricing information to help you purchase Axial Compressors. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.

Has the price of Axial Compressors been rising or falling?

Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.

I’m not ready to purchase Axial Compressors yet. Will I pay more if I wait too long?

We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.

What other costs are associated with purchasing Axial Compressors?

Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Axial Compressors with a reduced risk of unexpected costs.

See how we display average pricing information, trends and market data.

Find the vendor to meet your needs

Where can I purchase ?

Market share concentration among axial compressors is high and has remained stable during the past three years. ProcurementIQ estimates that there are 8 suppliers operating in the United States, most of which are large manufacturers with tens of billions of dollars in annual revenues. The top four axial compressor manufacturers... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Experience and Expertise

How long have you provided these products to your longest-tenured client?

What qualifications does your staff have and what measures do you take to keep those qualifications up to date?

What industry do you most commonly supply this product for?

To what extent will ordering multiple products from your firm allow me to save on costs?

What is your repeat business rate for businesses in my industry and how does that compare to your overall rates?

Supply Chain Risk

Over the past three years, what percentage of your revenue has been dedicated to raw input materials? How has that changed?

Has the availability of raw materials tightened due to the coronavirus outbreak?

Over the past three years, what percentage of your revenue has been dedicated to labor?

How have fluctuations in input prices affected the prices of your products during the past three years?

How do you mitigate sudden price increases in raw materials?

When input prices rise, how much of the cost is absorbed by you and how much is passed onto buyers?

How, if at all, has your supply chain been affected by import tariffs levied in 2018?


How do you manage regulatory change? Do you have regulation advisers or methods to track regulation?

How have changing regulations influenced your pricing now and how will the changes affect prices over the life our proposed agreement?

What ongoing training procedures do you provide for your staff?

Have you ever been found to be noncompliant with regulatory frameworks?

Amid widespread health concerns during the COVID-19 pandemic, what contingency plans are in place to mitigate risk to your clients and employees? Do you offer clients any flexible exceptions, such as contract suspensions?


How long have you been in the axial compressor market?

How do your product offerings differ from your competitors'?

What is your client retention rate?

Who are your biggest competitors, and what aspects of your business are better than theirs?

What is your reputation among customers, and how have you developed your reputation?

How do your R&D expenses compare with those of your competitors?

Supplier Size & Scope

What volume of axial compressors do you have readily available?

Do you focus on certain types of axial compressors or do you have expertise in all types (e.g. industrial, engine, power stations)?

What industries do your clients operate in?

Do you have experience with clients in my industry?

Quality Control

Does your company have quality control measures in place to ensure uniformity across product lines?

How does your company implement and monitor its quality control systems?

How often does your company assess the quality of the products produced?

How often does your company assess its quality and level of customer service?

Supply Chain

How do you manage risk in your supply chain?

Do you have contracts with multiple raw material suppliers?

Who are your most important suppliers? How long have you been working with them?

How do input price fluctuations, such as the price of steel, affect the price of axial compressors?

Have you recently experienced a price change from one or more of your suppliers? How did you cope with the change?

How often do you evaluate your supply costs to ensure that they are competitive?

Financial Risk

Has your company ever been at risk of bankruptcy?

What is your company's sales history for the past five years?

How does your company stay profitable during economic downturns?

What is your breakdown of revenue by industry served?

What is the impact on your profit if you were to lose a big customer?

Service & Maintenance

Do you offer maintenance and repair services?

How quickly can your technicians be on site if technical support or repair is required?

What is the anticipated useful life of your product?

Are there any instances or circumstances that would significantly reduce the useful life?

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Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should dictate their preferences for the contract, including length and payment timeline.

Buyers can reference the Benchmark Price and Total Cost of Ownership sections of this report to get a better understanding for how much they should pay for axial compressors.

Selection Criteria

Buyers should consider the previous experience of a supplier.

Buyers should evaluate the durability of the axial compressor.

Buyers should make sure that the specifications match their needs as closely as possible to ensure optimal functionality.

For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers must relay all important dates in the RFP timeline, such as when proposals are due, when interviews will take place and when the bid award will be announced.

Buyers should provide the RFP schedule and expected timeline for product delivery.

Evaluate major factors to mitigate risk

How risky is the supply chain?

Supply chain risks for axial compressor suppliers are moderate. Although supply chain risks are unlikely to affect the supply of key compressor components and raw materials, they can have a slight impact on the price the buyer will pay for the finished product. There are a variety of materials used... Subscribe to learn more.