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Procurement Market Intelligence Report

Chillers
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 Chillers?

There are an estimated 1,650 suppliers operating in the chiller market, and the top four suppliers account for 30.0-50.0% of revenue, indicating a medium level of market share concentration. This trend has remained stable during the three years to 2019. Overall, the market remains fairly fragmented, creating a significant degree... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Supply Chain

How do input price fluctuations affect buyers?

Do you have contracts with multiple manufacturers?

How do the fluctuating prices of steel and aluminum affect your pricing?

What are the criteria for picking manufacturers and suppliers you partner with? How do changes in the supply chain impact my price?

Regulatory Requirements

How do you stay up-to-date on regulatory requirements?

What are the costs associated with complying with regulatory requirements, and how do they affect me?

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?

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Key elements for every RFP

What should my Chillers 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 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 Chillers supply chain?

There is a moderate level of supply chain risk in the chiller market due primarily to input cost volatility. It can pose a significant threat to buyer power. Due to the cost-plus model of pricing in the chiller market, any additional costs accumulated in the supply chain can result in... Subscribe to learn more.

HIGH

MEDIUM

LOW