Despite strong domestic demand, the average price for fluid regulators has been rising slowly over the past three years.
Los Angeles, CA (PRWEB) December 20, 2014
Fluid regulators have a buyer power score of 3.5. According to IBISWorld analyst Sean Windle, this score indicates an advantage for buyers when negotiating supply agreements.
Low market share concentration is a major factor bolstering buyer power. As such, the marketplace consists mostly of small- and mid-size suppliers such as ABB Ltd., Emerson Electric Company and Parker Hannifin. This factor fosters price competition and gives buyers many choices when sourcing fluid regulators.
High import competition has also supported price competition. Suppliers in China, Mexico and other low-cost producing countries can manufacture comparable products at a fraction of the cost of US suppliers, and subsequently pass cost savings down to buyers in the form of lower prices, says Windle. The combination of low market share concentration, high import competition and falling input costs has been keeping price growth and price volatility in check the past three years despite strong domestic demand.
The main disadvantage for buyers is the lack of viable substitutes. Fluid regulators are necessary in order to regulate and monitor the pressure, flow and temperature of water and other liquids used in industrial, commercial and residential applications. Nonetheless, the impact of the lack of substitutes is minimal, since there are many different types of fluid regulators and the market is highly fragmented. For more information, visit IBISWorld’s Fluid Regulators procurement category market research report page.
Follow IBISWorld on Twitter: https://twitter.com/#!/IBISWorld
Like IBISWorld on Facebook: http://www.facebook.com/pages/IBISWorld/121347533189
IBISWorld Procurement Report Key Topics
This report is intended to assist buyers of fluid regulators. A fluid regulator is a type of valve regulates the pressure, flow or temperature of liquids. The fluid regulator has a component that restricts the flow of liquid, and another component that applies force to allow the liquid to leave the regulator. The regulators are often used to reduce water pressure. This report excludes air regulators, gas regulators, fluid filters and pressure tanks. Suppliers include manufacturers and wholesalers.
Recent Price Trend
Product Life Cycle
Total Cost of Ownership
Supply Chain & Vendors
Supply Chain Dynamics
Supply Chain Risk
Market Share Concentration
Buying Lead Time
Key RFP Elements
Buyer Power Factors
About IBISWorld Inc.
IBISWorld is one of the world's leading publishers of business intelligence, specializing in Industry research and Procurement research. Since 1971, IBISWorld has provided thoroughly researched, accurate and current business information. With an extensive online portfolio, valued for its depth and scope, IBISWorld’s procurement research reports equip clients with the insight necessary to make better purchasing decisions, faster. Headquartered in Los Angeles, IBISWorld Procurement serves a range of business, professional service and government organizations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com or call 1-800-330-3772.