Skip to the content

Procurement Market Intelligence Report

Power Boilers
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Power Boilers?

What is the average price of Power Boilers?

This procurement report includes pricing information to help you purchase Power Boilers. 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 Power Boilers 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 Power Boilers 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 Power Boilers?

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 Power Boilers 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 ?

The power boiler market has a moderate level of market share concentration that has been steadily rising from 2018 to 2021. The top four suppliers make up between 30.0% to 50.0% of vendors in this market. Low to moderate barriers to entry make the power boiler market fragmented; vendors that... 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?

Competition

What is your reputation among customers, and how have you achieved your reputation?

How long have you been in the boiler manufacturing market?

How do you stay competitive in the market?

How do your product offerings differ from your competitors?

What is your client retention rate?

Who are your biggest competitors and what aspects of your business are better than theirs?

Quality Control

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

What standards and metrics do you use to measure the reliability and quality of your power boilers?

What is the life expectancy of your boilers?

How often is maintenance required?

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

Product Offering

How many different brands do you carry?

What is your top-selling brand or model and why?

What does cradle-to-grave cycle look like for your products?

Can you recommend a brand or model that will fit my needs?

What volume of boilers do you typically have available?

In what industries do your clients operate?

Supply Chain

How do input price fluctuations affect the price of your products?

How have price fluctuations for steel and aluminum affected your pricing?

How many contracts with raw material suppliers or manufacturers does your company have?

What are the criteria for picking manufacturers and suppliers you partner with?

How do changes in the supply chain impact my price?

How often do you evaluate your supply costs to ensure that they are competitive?

How diversified their supplier base is for inputs? Are you sourcing from multiple suppliers in different global regions, to avert the impact the COVID-19 pandemic has had on input sourcing?

Regulatory Requirements

How do you stay up-to-date on regulatory requirements?

What are the costs associated with complying with regulatory requirements, and how do they affect me?

How have you increased the energy efficiency in your power boilers during the past three years?

How do your boilers rate in comparison to your competitors' when it comes to energy efficiency?

Shipping

Where are your distribution centers located?

Do you ship anywhere in the country?

What is the average shipping time and cost?

What is the most cost-effective shipping method?

Is there an order minimum required to receive free shipping?

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

Have you experienced input shipping delays as a result of the COVID-19 pandemic? How does this impact the buying lead times?

“Sending out RFPs used to be a nightmare”

Let’s chat about how procurement market intelligence can reduce 
the time you spend issuing RFPs.

Key elements for every RFP

What should my RFP include?

Project Budget

Buyers should include the budgeting fees for transporting any boiler products and complementary equipment to their location.

Buyers should define a cost breakdown of inventory.

Buyers should define payment schedules.

Buyers should state how often pricing can be adjusted.

Selection Criteria

Buyers should evaluate suppliers on whether prices and efficiency ratings are competitive.

Buyers should give priority to suppliers that are flexible with contract terms and conditions; and offer warranty bundling.

Buyers should consider the total costs proposed by the supplier, including customization, delivery and installation on top of the purchase price.

For other selection criteria requirements, buyers should reference the Buying-Decision Scorecard section of this report.

Project Schedule

Buyers should disclose the RFP's issue date.

Buyers should disclose the due date for any questions or clarifications from suppliers.

Buyers should disclose when they will answer any questions or clarifications.

Buyers should disclose the date of the award announcement.

Buyers should list the expected start date once a supplier is chosen.

Evaluate major factors to mitigate risk

How risky is the supply chain?

Supply chain risk in this market is moderate, primarily due to the strained supply of key components or raw materials which will place some upward pressure on prices. However, this risk will have a minimal effect on the supply of power boilers in the market. First- and second-tier suppliers... Subscribe to learn more.

HIGH

MEDIUM

LOW