Learn about actual and potential costs
How much should I pay for Humidity Control Equipment?
What is the average price of Humidity Control Equipment?
This procurement report includes pricing information to help you purchase Humidity Control Equipment. 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 Humidity Control Equipment 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 Humidity Control Equipment 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 Humidity Control Equipment?
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 Humidity Control Equipment 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 suppliers of humidity control equipment is low, with the top four vendors accounting for less than 30.0% of total market share. There are an estimated 4,090 companies offering humidifiers, dehumidifiers and vaporizers in the United States. Most of the larger vendors are public conglomerates that carry... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
Can buyers purchase mechanical or electrical air exchangers? Do you suggest one type of device over the other? Why?
Are your systems built to work 24 hours a day? How will your systems affect my overall energy costs?
Do you produce hybrid humidifiers, dehumidifiers or vaporizers that utilize multiple technologies? If so, what effect would these products have on my total cost of ownership?
Do you have licensed mechanical contractors that can assist with installation and ongoing support for these devices?
Over the past three years, what percentage of your revenue has been dedicated to raw input materials? How has that changed?
How have fluctuations in input prices affected the prices of your products over the past three years?
How diversified is your input supplier base? When input costs rise, can you source products from a different supplier to get lower pricing?
Have you experienced any supply disruptions resulting from raw material shortages? How did you manage the situation?
Do you source materials with high exposure to market disruptions resulting from the coronavirus? How are you coping with these disruptions?
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Key elements for every RFP
What should my RFP include?
Buyers should state the amount of the contract.
Buyers should dictate the terms of payment preferred.
Buyers can consult the Benchmark Price section of this report to determine about how much they should pay for humidity control equipment.
Buyers should heavily consider the technical specifications of humidity equipment to determine which products best suit their unique business needs.
Buyers should assess the range of products a supplier offers to ensure that multiple areas and products can be covered by a single supplier.
Buyers should take into account the level of customer service that will accompany purchases.
For other selection criteria requirements, buyers should reference the Buying-Decision Scorecard section of this report.
Buyers should include a deadline for proposal submissions and give the dates by which they will evaluate samples and announce the contract award.
Buyers should include the desired shipping date as well as information about delivery locations.
Evaluate major factors to mitigate risk
How risky is the supply chain?
Supply chain risk is moderate for humidity control equipment suppliers. Although supply chain risks do not affect the physical supply of key machine components and raw materials, they can influence the costs of production for suppliers. When suppliers' production costs increase, they typically pass the added costs down to buyers... Subscribe to learn more.