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Procurement Market Intelligence Report

Hydraulic Cylinders Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Hydraulic Cylinders?

What is the average price of Hydraulic Cylinders?

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

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 Hydraulic Cylinders 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 Hydraulic Cylinders?

Market share concentration is low in the hydraulic cylinders market, with the top four suppliers controlling 25.0% of market revenue in the United States. Currently, the top four manufacturers of hydraulic cylinders domestically, out of a pool of about 6,830 total suppliers, are Parker-Hannifin Corporation, Eaton, Ligon and Wipro Limited.... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Warranty

What are the terms and conditions of the warranty?

How often are warranty claims filed?

Does your warranty cover wear and tear on parts such as seals and gaskets?

How much paperwork is required to file a warranty claim?

Inventory

How many cylinders do you currently have in your inventory?

How long will your current inventory last if there is a supply interruption?

Is your inventory secured?

What systems do you have in place to prevent inventory loss?

How quickly can a part be located in your inventory after receiving an order?

Product Quality

What grade of metals do you use in manufacturing?

How recently did you upgrade your production equipment?

Do you outsource production? If so, what advantages do you gain?

How long should one of your cylinders last with proper installation and maintenance?

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Key elements for every RFP

What should my Hydraulic Cylinders RFP include?

Project Budget

Buyers should explicitly state the amount of the contract award.

Buyers should explain when and how many payments will be made.

Buyers can consult the Benchmark Price section of this report to determine about how much they should pay for each hydraulic tool.

Selection Criteria

Buyers should evaluate the experience of the supplier.

Buyers should make sure the provider offers appropriate types of hydraulic cylinders with the appropriate specifications and durability.

Buyers should evaluate suppliers based on the estimated costs of the units they are offering.

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 proposals are due and when award information will be available.

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

Evaluate major factors to mitigate risk

How risky is the Hydraulic Cylinders supply chain?

The supply chain for hydraulic cylinders carries a moderate degree of risk. Industries that rely on steel as a key input are inherently risky because the price of steel constantly fluctuates in response to changing global demand. Demand for steel stems primarily from construction markets, which are also key buyers... Subscribe to learn more.

HIGH

MEDIUM

LOW