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Procurement Market Intelligence Report

Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Chillers?

What is the average price of Chillers?

This procurement report includes pricing information to help you purchase Chillers. 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 Chillers 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 Chillers 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 Chillers?

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 Chillers 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 ?

There are an estimated 1,480 suppliers operating in the chiller market. The top four suppliers account for around 30.0% to 50.0% of total market revenue, indicating a medium level of market share concentration. Market concentration has been mostly stable in the past three years; not many significant mergers or acquisitions... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Quality Control

What standards do you use to measure the reliability and quality of your chillers?

Do you employ quality-control personnel or systems? If so, how many staff members and what kinds of systems?

What is the life expectancy of your chillers?

How often is maintenance required and recommended for your products?

Have you ever delivered a product that did not meet the quality standards of the buyer? If so, how did you rectify the situation?

Supply Chain

How and at what point do input price fluctuations in your supply chain affect your list prices?

Which manufacturers do you have supply contracts with?

Specifically, how exposed are you to fluctuations in steel and aluminum prices?

What are your criteria for selecting manufacturers and suppliers to partner with?

Regulatory Requirements

What is your process for staying up-to-date with regulatory requirements?

What are your costs associated with complying with regulatory requirements, and how do they affect the prices I will pay?

How do you ensure that your customers are aware of any changes in regulations that might impact them?

How do your chillers compare to your competitors' when it comes to energy efficiency?


Where do you ship products in the United States?

Where are your distribution centers located?

On average, how do you determine shipping costs and how long does it take for buyers to receive products?

What is the most cost-effective shipping method that you offer?

Under which conditions do you offer free shipping?

Have you ever struggled to deliver shipments on time? If so, when did it occur and how did you rectify the situation?

“Sending out RFPs used to be a nightmare”

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Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should explicitly state the amount for the award.

Buyers should explain the schedule with which payments will be made.

Buyers can consult the Benchmark Price section of this report to help determine how much they should pay for chillers.

Selection Criteria

Buyers should evaluate a vendor's ability to meet the exact specifications of the chillers that are required.

Buyers should take into consideration a vendor's brand reputation within the chiller market.

Buyers should assess the manufacturing capacity and available inventory of a vendor, particularly if buyers have large and recurring orders.

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

Project Schedule

Buyers need to include the date when proposals are due, when award information will be available and when delivery dates should be.

Buyers should provide general expectations with regards to response time and customer service.

Buyers should include any other benchmark dates relevant to the project that the supplier will need to be aware of.

Evaluate major factors to mitigate risk

How risky is the supply chain?

The supply chain for chillers carries a moderate level of risk on average. Primary purchases for chiller suppliers consist of steel and aluminum inputs, which pose the highest risk to this market's supply chain. Because steel and aluminum manufacturers are subject to volatile iron ore and bauxite prices, respectively, prices... Subscribe to learn more.