Oct 19, 2017   SOURCE: BusinessWire

Compressors Market Procurement Research – Pricing and Spend Analysis by SpendEdge

Global procurement intelligence advisory firm, SpendEdge, has announced the release of their 'Compressors Procurement Research Report.' The insights and data in this report provide a strategic analysis of the supply markets, factors influencing purchasing decisions, procurement best practices, pricing models, supplier landscape, and an analysis of the supplier capability matrix for the facilities management industry. This report breaks down the data and analysis behind the procurement of compressors and acts as an all-inclusive guide for making smart purchasing decisions.

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Global Compressors Procurement Market Intelligence Report (Graphic: Business Wire)

Global Compressors Procurement Market Intelligence Report (Graphic: Business Wire)

"The growth of the global compressor market is attributed to the rise in demand from the oil and gas industry," says SpendEdge procurement research analyst Tridib Bora. "The durable consumer segments that use compressors for transmission of oil and gas also fuels the market growth," added Tridib.

Key Report Features

Supply Market Insights     Negotiation Strategies
Procurement Best Practices     Category Risk Analysis
Cost Saving Opportunities     Key Supplier Analysis
Pricing Models     Supplier Capability Matrix
   

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Report Insights

  • The growth of the global compressors market can be credited to the increase in demand for compressors due to rapid industrialization across the globe, especially in emerging countries. The demand is mainly due to the establishment of new industries and infrastructure development.
  • Purchasing managers must look for suppliers that provide products with the features such as energy-efficient products, high-efficiency rotors, air or water-cooled engines, and extended warranty programs. They must decide appropriate feature as per requirement by assessing their long-term needs.
  • Suppliers in the compressor industry often outsource the maintenance services to a third-party service provider. The service standards of suppliers vary with that of the third-party due to individual business practices. Hence, purchasing managers find it challenging to identify the performance of the third-party in terms of reliability and quick response, before engaging with the service provider.

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Compressors Pricing Trends

The competitive pricing is the widely-adopted pricing model in the global compressors market. It helps in increasing clarity of pricing because it is dependent on the demand and competitor's prices. Also, this pricing model increases purchasing manager's bargaining power due to the competition in the market.

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About SpendEdge

SpendEdge shares your passion for driving sourcing and procurement excellence. We are a preferred procurement intelligence partner for Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering robust, real-time procurement market intelligence that helps sourcing and procurement professionals make informed decisions. These innovative procurement solutions help enterprises transform structural capabilities, improve execution efficiency, and fast-track time to savings.