Generation equipment tenders in Q3 2019 saw 400 tenders announced, marking a drop of 36% over the last four-quarter average of 629, according to GlobalData’s power industry tenders database.
Go deeper with GlobalData
- Embed this chart
Embed this chart into your website
Copy and paste the code below into your website to display the chart.
The proportion of tenders by category tracked by GlobalData in the quarter was as follows:
- Supply & Erection: 256 tenders and a 64% share
- Repair, Maintenance, Upgrade & Others: 144 tenders and a 36% share.
Asia-Pacific leads generation equipment activity in Q3 2019
Comparing tenders activity in generation equipment segment in different regions of the globe, Asia-Pacific held the top position with 255 tenders and a share of 63.8% during Q3 2019, followed by North America with 68 tenders and a 17% share and Middle East and Africa with 42 tenders and a 10.5% share.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData- Embed this chart
Embed this chart into your website
Copy and paste the code below into your website to display the chart.
Thermal is leading technology for generation equipment tenders in Q3 2019
Among the technologies, thermal accounted for 356 tenders with an 89.4% share, followed by solar with 19 tenders and a 4.8% share and hydro with 12 tenders and a 3% share.
All publicly-announced tenders are included in this analysis drawn from GlobalData’s Power database, which covers power plants, T&D projects, equipment markets, analysis reports, capacity and generation, and tracks tenders and contracts on a real-time basis.
More in-depth reports and analysis on all reported tenders are available for subscribers to GlobalData’s Power database.
