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The Bearings procurement report contains data and analysis of current and future trends when buying goods and services. ProcurementIQ’s in-depth procurement research is always presented in a logical and consistent format for easy reference throughout a company. The Bearings Procurement Research Report contains growth forecasts for a three-year outlook period and supplier profit benchmarks so your company can make the right purchasing decision.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard

Bearings - Recent Price Trend

In the past three years, the average price of bearings has been rising at an estimated annualized rate of 1.5%. Rising input costs and overall stronger demand have pushed prices upward; however, strong competition and weaker demand from the manufacturing sector have kept price growth in check.During the past three years, the widespread use of fracking and horizontal drilling techniques to extract.

Bearings - Total Cost of Ownership

The total cost of ownership for industrial bearings is low because there are no hidden costs associated with owning this product. Bearings are typically made out of strong and durable materials that make them resistant to corrosion and damage. The average expected life span of a bearing is about two to five years if it is frequently used or up to 20 years for infrequent use. Additionally,.

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About this Report

This report is intended to assist buyers of bearings intended for industrial use. Bearings, which are typically comprised of balls or rollers, are machine components that constrain motion between moving parts in order to minimize friction and facilitate a specific type of movement. Varieties of bearings include flanged, radial and wheel bearings. Buyers include manufacturers, including aerospace and automobile manufacturers, as well as oil and gas producers. Suppliers include manufacturers and distributors. This report does not include the procurement of wheels or pivots.

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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