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Furnaces Procurement Research Report | Published: Jan 2016

Helping businesses make better purchasing decisions, faster

Furnaces: Procurement Research Report Highlights

Benchmark Price RFP/RFQ/Negotiation Questions
3-year Price Forecast Supply Chain Analysis
Supplier Intelligence Sample Buyer Decision Scorecard
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IBISWorld’s Procurement Research Reports cover thousands of indirect purchasing lines. Our data and analysis help you strategically engage and negotiate with suppliers and give you the credibility to work with internal stakeholders and executives. IBISWorld’s Furnaces procurement research provides price trends and forecasts, supplier benchmarks and negotiation questions all intended to give your company leverage during the sourcing process.

Report Snapshot
Price Forecast & Benchmarking
Benchmark Price
Benchmark Price
Price Change 12-15
IBISWorld Buyer
Power Score
Profit Benchmark
Profit Benchmark
Price Change 15-18
Price Change
Furnaces - Recent Price Trend

The average price for furnaces has grown at an estimated annualized rate of 2.0% during the three years to 2015, which has reduced buyer power somewhat. Demand for HVAC equipment, including furnaces, has grown during the period due to economic recovery following recessionary lows. This increased demand has allowed suppliers to raise their prices. The industrial production index has increased at... purchase to read more

Furnaces - Total Cost of Ownership

The total cost of ownership (TCO) for furnaces is low. The largest additional expense is the installation of the unit. The price for installation ranges from $1,300 to $9,000 per furnace depending on the location of the buyer, type of contractor used and type of furnace. For example, oil and gas furnaces cost much more to install than electric furnaces. The maintenance required for furnaces is... purchase to read more


About This ReportRelated ReportsTable of Contents

This report is intended to help buyers of furnaces make informed purchasing decisions. The main function of a furnace is to generate heated air, which is then circulated throughout a building or structure. Furnaces are commonly gas, oil or electric. This report does not include heat pumps, heat exchangers, water heaters or heating stoves.

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