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Procurement Market Intelligence Report

Hydraulic Motors
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Hydraulic Motors?

What is the average price of Hydraulic Motors?

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

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 Motors 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 ?

A high level of market share concentration characterizes the hydraulic motors market. ProcurementIQ estimates that there are 2,273 suppliers operating in the United States, with the top four companies estimated to account for about 60.0% of revenue. Market share concentration has also been increasing due to increased merger and acquisition... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Experience and Expertise

How long have you provided these products to your longest-tenured client?

What qualifications does your staff have and what measures do you take to keep those qualifications up to date?

What industry do you most commonly supply this product for?

To what extent will ordering multiple products from your firm allow me to save on costs?

What is your repeat business rate for businesses in my industry and how does that compare to your overall rates?

Supply Chain Risk

Over the past three years, what percentage of your revenue has been dedicated to raw input materials? How has that changed?

Has the availability of raw materials tightened due to the coronavirus outbreak?

Over the past three years, what percentage of your revenue has been dedicated to labor?

How have fluctuations in input prices affected the prices of your products during the past three years?

How do you mitigate sudden price increases in raw materials?

When input prices rise, how much of the cost is absorbed by you and how much is passed onto buyers?

How, if at all, has your supply chain been affected by import tariffs levied in 2018?

Regulation

How do you manage regulatory change? Do you have regulation advisers or methods to track regulation?

How have changing regulations influenced your pricing now and how will the changes affect prices over the life our proposed agreement?

What ongoing training procedures do you provide for your staff?

Have you ever been found to be noncompliant with regulatory frameworks?

Amid widespread health concerns during the COVID-19 pandemic, what contingency plans are in place to mitigate risk to your clients and employees? Do you offer clients any flexible exceptions, such as contract suspensions?

Torque

What is the maximum torque your motor can exert?

What is your motor's breakaway and running torque?

What is the efficiency of your hydraulic motors?

Do your motors offer variable torques?

Do your hydraulic motors experience torque ripples?

Speed

What are the maximum and minimum speeds for your motor?

Can your hydraulic motors change direction? How does it do so?

How will different load sizes affect the speed of your motors?

What is the displacement of your hydraulic motors?

Hydraulic Requirements

What are the pump specifications of your hydraulic motors?

What fluid speed and pressure is required to operate your motors? What hydraulic fluid viscosity is required?

What flow rates are required with your hydraulic motors?

Do you provide pumps, valves and hoses compatible with your motors?

Physical Dimensions

What are the dimensions of your hydraulic motors?

What are the dimensions of the shaft?

What mounting options do your hydraulic motors have?

Where does the hydraulic fluid enter and exit your motor?

Distribution

How diversified is your supplier base for inputs? Do you source from multiple suppliers in different global regions?

Where are your manufacturing facilities and warehouses located?

What are the different capabilities of each facility? What types of hydraulic motors does each location offer?

What are your packaging and transportation procedures? How does this limit the risk to the motors during transport?

What discounts do you offer for nearby locations? How might this reduce my transportation costs?

Do you source materials with high exposure to market disruptions resulting from the coronavirus? How are you coping with these disruptions?

Experience & Expertise

Do you focus on providing hydraulic motors to certain industries?

Can you provide a list of clients in my industry that you have served in the past?

Can you provide me with a list of references with contact information?

Can you build or design customized hydraulic motors?

Who are your main competitors?

Amidst widespread health concerns, what contingency plans are in place to mitigate risk to your clients and employees? Do you offer clients any flexible exceptions, such as contract suspensions?

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Key elements for every RFP

What should my 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 motor.

Selection Criteria

Buyers should evaluate the experience of the supplier.

Buyers should make sure the provider offers appropriate types of hydraulic motors 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 should include the date they need the hydraulic motor to be installed and operating to ensure that a supplier can meet the buyers deadline.

Buyers need to include the date when 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 supply chain?

Overall, supply chain risk is moderate for hydraulic motor suppliers. Hydraulic motors are constructed primarily from steel and aluminum, as well as miscellaneous electric parts. These key raw material prices have exhibited significant volatility, which has increased financial pressure on key upstream iron and steel manufacturing suppliers. Specifically, demand for... Subscribe to learn more.

HIGH

MEDIUM

LOW