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Procurement Market Intelligence Report

Control Valves Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Control Valves?

What is the average price of Control Valves?

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

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 Control Valves 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 Control Valves?

Market share concentration within the control valve market is low, with the top four suppliers generating less than 20.0% of total market revenue. There are an estimated 2,500 suppliers of control valves in the United States. Suppliers offer comparable products, making it difficult for a single supplier to gain a... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Experience

What is your experience with selling valves to companies in my industry and of my size?

How do you track customer satisfaction? Can you provide a list of client references?

What is your client retention rate?

How many valves, and of how many types, do you typically sell to clients?

What qualifications do you require from your valve engineers and manufacturing workers?

Competition

Are there any incentives for repeat customers?

Can I buy other parts of my system from your company? Are there incentives for doing so?

Are you specialized in specific areas of valve utilization?

How do you win and retain business in a field with so many suppliers?

What are your customers' most frequent complaints?

How many production and distribution facilities do you have within the United States?

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Key elements for every RFP

What should my Control Valves RFP include?

Project Budget

Buyers can state the contract amount or the range they are willing to consider.

Buyers should explain the timeline for payments.

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

Selection Criteria

Buyers should assess the reliability and accuracy of the sensors of the control valves.

Buyers should evaluate the durability and longevity of the products.

Buyers should take into consideration the amount of maintenance needed to keep the products running.

Buyers should consider the price of related products, such as actuators.

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 bid award will be announced.

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

Evaluate major factors to mitigate risk

How risky is the Control Valves supply chain?

The supply chain for control valves presents a moderate level of risk. The majority of this risk stems from suppliers’ reliance on steel and copper. Suppliers source a myriad of different steel and copper stampings, forges, tubes, pipes and other related products. The prices of these metals are subject to... Subscribe to learn more.

HIGH

MEDIUM

LOW