There were 109 generation equipment tenders announced in the Asia-Pacific region in Q3 2021, marking a rise of 17% over the last four-quarter average of 93, according to GlobalData’s power industry tenders database.
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T&D Equipment stood at first place when compared with other power tender categories in the Asia-Pacific region in Q3 2021 with 217 tenders and a 36.5% share, followed by Power Plant with 125 tenders and a 21% share and Generation Equipment with 109 tenders and an 18.3% share during the quarter.
The proportion of tenders by category tracked by GlobalData in the quarter was as follows:
- Supply & Erection: 61 tenders and a 56% share
- Repair, Maintenance, Upgrade & Others: 48 tenders and a 44% share.
Thermal is top technology for Asia-Pacific generation equipment tenders in Q3 2021
Looking at generation equipment tenders by the type of technology in the Asia-Pacific region, thermal accounted for 102 tenders with a 94.4% share, followed by hydro with two tenders and a 1.9% share and nuclear with two tenders and a 1.9% 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.
