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Procurement Market Intelligence Report

Workshop Cranes
Sourcing Guide & Market Trends

Comprehensive intelligence for making smart purchasing decisions

Learn about actual and potential costs

How much should I pay for Workshop Cranes?

What is the average price of Workshop Cranes?

This procurement report includes pricing information to help you purchase Workshop Cranes. 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 Workshop Cranes 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 Workshop Cranes 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 Workshop Cranes?

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 Workshop Cranes 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 ?

ProcurementIQ estimates that there are about 850 suppliers of workshop cranes operating in the US market in 2020. The top four suppliers generate between 30.0% and 40.0% of market revenue, which indicates a medium level of market share concentration. For this reason, competition among the top vendors of workshop cranes... Subscribe to learn more.

Questions to ask potential suppliers

How can I gain leverage during negotiations?


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

How is your product better than those of your competitors’?

Do you offer any incentives for repeat customers?

What promotional deals exist for bulk buyers?

Do you offer any value-added products or services that your competitors do not?

Customer Service

How many staff members are responsible for customer service and support?

What procedures do you use to deal with a dissatisfied customer?

How is the customer support team trained regarding the technical details of your products?

Have you had any major complaints from customers? How did you handle these issues?

How has customer service changed amidst the coronavirus pandemic? Do customer service staff still offer the same level of assistance?


Have you won any quality awards? If so, which awards?

What is the average life span of your cranes?

What quality assurance tests do you run on your cranes to ensure their load capacity and stability, and to evaluate other performance metrics?

What measures do you take to ensure your cranes comply with regulations impacting the market?

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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 workshop crane.

Selection Criteria

Buyers should evaluate the experience of the supplier.

Buyers should make sure the provider offers workshop cranes with the appropriate specifications.

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 supply chain?

During the three years to 2020, overall supply chain risk has been moderate, which slightly cuts into buyer power. Iron and steel manufacturers, which are important second tier suppliers in the workshop crane market, present a high level of risk because prices for iron and steel are highly volatile on... Subscribe to learn more.