There were 277 generation equipment tenders announced in the Asia-Pacific region in Q4 2019, marking a drop of 9% over the last 12-month average of 306, according to GlobalData’s power industry tenders database.
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T&D Project stood at first place when compared with other power tender categories in the Asia-Pacific region in Q4 2019 with 991 tenders and a 53.3% share, followed by T&D Equipment with 335 tenders and an 18% share and Generation Equipment with 277 tenders and a 14.9% share during the quarter.
The proportion of tenders by category tracked by GlobalData in the quarter was as follows:
- Supply & Erection: 213 tenders and a 76.9% share
- Repair, Maintenance, Upgrade & Others: 64 tenders and a 23.1% share.
Thermal is top technology for Asia-Pacific generation equipment tenders in Q4 2019
Looking at generation equipment tenders by the type of technology in the Asia-Pacific region, thermal accounted for 247 tenders with an 89.8% share, followed by solar with 17 tenders and a 6.2% share and hydro with 11 tenders and a 4% share.
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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.
