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Procurement

Natural Gas Utilities Sourcing and Procurement Market Prices Will Increase by 2%-3.5% During the Forecast Period | SpendEdge

NEW YORK, March 16, 2022 /PRNewswire/ — During the forecast period, the Natural Gas Utilities industry will see an increase in spending of around USD 409.31 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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Key Natural Gas Utilities Sourcing and Procurement Report Highlights:

  1. Market growth 2022-2026: USD 409.31 Billion
  2. Growth momentum & CAGR: Accelerate at a CAGR of 6.62%
  3. Top Pricing Models: Fixed tariff pricing, Cost-plus pricing
  4. Key consumer countries: North America, Europe, and APAC
  5. Supplier Selection Scope: Length of the pipeline network, Industrial experience, Level of technological adoption, and Acquisition of key licenses
  6. Top Suppliers: Centrica, The Hong Kong and China Gas, and Daigas Group

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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 Natural Gas Utilities market. The report also aids buyers with relevant Natural Gas Utilities 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/natural-gas-utilities-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 Natural Gas Utilities 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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  • Changing market landscape with yearly forecast till 2024.
  • Analyze the market’s competitive and vendor landscape.
  • 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

About SpendEdge:

SpendEdge shares your passion for driving sourcing and procurement excellence. We are the preferred procurement market intelligence partner for 120+ Fortune 500 firms and other leading companies across numerous industries. Our strength lies in delivering, real-time procurement market intelligence reports and solutions. 

Contacts

SpendEdge
Anirban Choudhury
Marketing Manager
Ph No: +1 (872) 206-9340
https://www.spendedge.com/contact-us

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SOURCE SpendEdge

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