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ProcurementIQ’s Procurement Research Reports cover thousands of indirect purchasing lines. Our data and analysis help you strategically engage and negotiate with suppliers and give you the credibility to work with internal stakeholders and executives. ProcurementIQ’s Tower Cranes procurement research provides price trends and forecasts, supplier benchmarks and negotiation questions all intended to give your company leverage during the sourcing process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

Tower Cranes - Recent Price Trend

In the three years to 2017, the average price of tower cranes has been increasing at an estimated annualized rate of 0.6%. Despite significant price driver fluctuations, strong price-based competition in the market has kept price volatility low. This price stability has made it easier for buyers to budget for future tower crane purchases. However, because prices are forecast to rise at a faster.

Tower Cranes - Total Cost of Ownership

The total cost of ownership for tower cranes is high. Although tower cranes are made of durable materials, parts must be periodically replaced, which can be expensive due to their specialized functions. Furthermore, the transportation process can be expensive, depending on the location of the construction site and environmental conditions. Transporting a crane requires 10 to 12 tractor trailers,.

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About this Report

This report is intended to assist buyers of tower cranes, which are fixed with long, vertical masts supporting a rotating jib. A winch is used to raise and lower loads from the jib. Tower cranes are primarily used to construct large buildings, such as skyscrapers. The key buyers of tower cranes operate across various industries in the construction sector. Other cranes, such as workshop cranes, crawler cranes and gantry cranes, are not included within the scope of this report. 

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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