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Procurement Market Intelligence Report

Heat Exchangers Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Heat Exchangers?

What is the average price of Heat Exchangers?

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

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 Heat Exchangers 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 Heat Exchangers?

There are an estimated 2,050 suppliers in the heat exchangers market. The top four suppliers account for just under 20.0% of total market revenue, indicating a low level of market share concentration. Concentration has been rising during the past three years due to merger and acquisition activity among the market’s... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Quality

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

What is the life expectancy of your heat exchangers?

How often will your products require maintenance?

If the temperature exceeds capacity, will the heat exchanger become inefficient immediately, or do you undervalue the temperature capacity?

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

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

Warranty

What are the terms and conditions of the warranty? Does the warranty require paperwork?

What do your warranties cover?

Are there any instances or circumstances that will void the warranty? If so, what are they?

Are there any transportation, labor or replacement fees associated with warranty claims?

How long does the warranty last?

Can I purchase an extended warranty?

Shipping

Where are your distribution centers located?

What is the average shipping time and cost?

Do you ship anywhere in the country?

What is the most cost-effective shipping method?

Do I need to meet an order minimum to qualify for free shipping? If so, how much must I spend?

Have you had issues in the past three years regarding late shipments?

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Key elements for every RFP

What should my Heat Exchangers RFP include?

Project Budget

Buyers should state the amount the contract is worth.

Buyers should detail payment terms and contract length.

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

Selection Criteria

Buyers should primarily consider the quality and life span of the heat exchanger.

Buyers should assess the energy efficiency level of a heat exchanger, particularly as it relates to total cost of ownership.

Buyers should ensure that the heat exchanger meets all specifications.

Buyers should take into account the experience of the supplier they engage in a contract with.

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 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 Heat Exchangers supply chain?

The level of risk in the heat exchanger supply chain is moderate. Although these risks are unlikely to affect a supplier’s ability to source the key components and raw materials required to produce heat exchangers, they can have an impact on the price buyers pay for the finished product. First... Subscribe to learn more.

HIGH

MEDIUM

LOW