NEW YORK, Jan. 19, 2022 /PRNewswire/ -- During the forecast
period, the Safety Valves industry will see an increase in spending
of around USD 1.04 Billion. However,
the majority of this expansion will be driven by only a few
regions. Furthermore, due to their supplier base, North America, Europe, and APAC will have the most effect on
the supply side. .
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understanding of the major forces driving this market across
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Key Safety Valves Sourcing and
Procurement Report Highlights:
- Market growth 2021-2025: USD 1.04
Billion
- Growth momentum & CAGR: Accelerate at a CAGR of
4.40%
- Top Pricing Models: Cost-based pricing, and Fixed
pricing
- Key consumer countries: North
America, Europe, and
APAC
- Supplier Selection Criteria: Technical specifications,
Operational requirements, Acceptance criteria, and Evaluation
criteria
- Top Suppliers: Emerson Electric Co., Curtiss-Wright
Corp., and Schlumberger Ltd
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Insights into buyer strategies and tactical negotiation
levers:
Several strategic and tactical negotiation levers
are explained in the report to help buyers achieve the best prices
for the Safety Valves market. The report also aids buyers with
relevant Safety Valves pricing levels, pros, and cons of prevalent
pricing models such as Unit-based pricing, and Bundled pricing,
category management strategies and best practices to fulfil their
category objectives.
For more insights on buyer strategies and
tactical negotiation levers,
www.spendedge.com/report/safety-valves-sourcing-and-procurement-intelligence-report
Key Drivers and Trends Fueling Market Growth:
- The pressure from substitutes and a moderate level of threat
from new entrants has resulted in the low bargaining power of
suppliers.
- Price forecasts are beneficial in purchase planning, especially
when supplemented by the constant monitoring of price influencing
factors.
- Identify favorable opportunities in Safety Valves TCO (total
cost of ownership).
- Expected changes in price forecast and factors driving the
current and future price changes.
- Identify pricing models that offer the most rewarding
opportunities.
To know more about various other market drivers,
trends and challenges.
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- How much marketing budget to set aside for geographical market
expansion?
- Understanding the most adopted procurement strategies by buyers
across industries.
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Table of Content
- Executive Summary
- Market Insights
- Category Pricing Insights
- Cost-saving Opportunities
- Best Practices
- Category Ecosystem
- Category Management Strategy
- Category Management Enablers
- Suppliers Selection
- Suppliers under Coverage
- US Market Insights
- Category scope
- Appendix
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SOURCE SpendEdge