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Procurement Market Intelligence Report

Hydraulic Presses
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Hydraulic Presses?

What is the average price of Hydraulic Presses?

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

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 Presses 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 Presses?

There are about 650 suppliers of hydraulic presses in the market. The market share concentration among hydraulic press manufacturers is low, with the top four suppliers estimated to generate less than 30.0% of total market revenue in 2019. Hydraulic presses come in a variety of shapes and sizes, making it... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?

Accessories

What type of package deals do you offer where accessories are included with the purchase of a hydraulic press?

What type of accessories do you offer that can handle different levels of pressure?

What pneumatic motor is required for air-powered hydraulic presses?

Where do you source your accessories from? Do accessories ship with the hydraulic press or are they shipped separately?

Supplier Size & Scope

How many hydraulic presses do you currently have in your inventory?

How quickly can you customize and manufacture a new hydraulic press?

Do you focus on certain product areas? Do you have expertise in certain types of products?

What industries are your customers involved in?

If your company does not offer a certain type of hydraulic press, can you help source this?

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Key elements for every RFP

What should my Hydraulic Presses RFP include?

Project Budget

Buyers should provide detailed product information so vendors can provide their most competitive cost proposal. If buyers have a specific budget in mind, they are free to disclose it here.

Buyers should provide information regarding their budget for additional services such as installation and routine maintenance. If these services are not required, they do not have to be included in the RFP.

Buyers should provide information about when payment will occur. For example, buyers should state whether payment is awarded upon finalization of the contract or over a period of time.

Buyers can refer to the Benchmark Price and Total Cost of Ownership sections for help creating a budget.

Selection Criteria

Buyers should specify what measures of quality they will be using to select a supplier. For example, these measures can be reputation, credentials of staff, customer service and product certification.

Buyers should also choose a supplier based on the price estimate given.

For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers should include a deadline for proposal submissions and state when the contract will be awarded.

Buyers should include a time frame for delivery to occur as well as dates for suppliers to survey the work area.

Buyers should include any other benchmark dates that are relevant to the project.

Evaluate major factors to mitigate risk

How risky is the Hydraulic Presses supply chain?

The supply chain risk for hydraulic press suppliers is moderate. Many inputs are readily available; however, steel and metal inputs increase the risk to the supply chain due to their volatile prices and fluctuating worldwide demand. If suppliers are unable to anticipate and properly prepare for these fluctuating prices, or... Subscribe to learn more.

HIGH

MEDIUM

LOW