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Temperature Measurement Instrumentation

Overview

ProcurementIQ’s Temperature Measurement Instrumentation procurement research is intended to help you save time and money in the initial research stages of the buying process. Our data and analysis explain the characteristics, pricing dynamics, supply chain risks and negotiation tactics of Temperature Measurement Instrumentation to help your company negotiate strategically with suppliers. Our report insights also give your company the credibility to work with internal stakeholders and executives to better manage the sourcing process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard
REPORT SNAPSHOT

Temperature Measurement Instrumentation - Recent Price Trend

The average price of temperature measurement instruments has been rising at an estimated annualized rate of 1.5% in the three years to 2018. Price growth has largely been the result of growth in input costs, which suppliers have been passing down to buyers. In addition, demand drivers have been growing on the back of economic health. While price growth has been harming buyer power from 2015 to.

Temperature Measurement Instrumentation - Total Cost of Ownership

The total cost of ownership for temperature measurement instruments is moderate, which means other related costs amount to between 50.0% and 100.0% of the benchmark purchase price per year. Purchasing necessary related items, such as transmitters and calibrators, is one associated cost. Installation is another hidden cost for those instruments that require it. Proper installation is important to.

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About this Report

This report is intended to assist buyers of temperature measurement instrumentation. These products monitor and analyze temperature levels in a wide range of industrial processes. A large pool of wholesalers and distributors operate in the market. Large manufacturers, such as Emerson Electric and Honeywell International, also offer these products in addition to other solutions (e.g. aerospace, automation and home and building solutions). Key buyers include manufacturers and HVAC service providers, among others. This report includes both contact and noncontact temperature instruments. This report does not include temperature transmitters, instruments that control temperature (such as thermostats) or instruments that measure other variables, such as humidity, pressure or combustion.

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
 Regulation
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
  Imports
 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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