Asia-Pacific Smart grid segment tenders in Q3 2021: Exclusive analysis
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Asia-Pacific smart grid tenders activity down 5% in Q3 2021

26 Oct 2021

Asia-Pacific smart grid tenders activity down 5% in Q3 2021

There were 21 smart grid tenders announced in the Asia-Pacific region in Q3 2021, marking a drop of 5% over the last four-quarter average of 22, 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:

  1. Supply & Erection: 19 tenders and a 90.5% share
  2. Consulting & Similar Services: one tender and a 4.8% share
  3. Project Implementation: one tender and a 4.8% share.

Solar is top technology for Asia-Pacific smart grid tenders in Q3 2021

Looking at smart grid tenders by the type of technology in the Asia-Pacific region, solar accounted for two tenders with a 66.7% share, followed by thermal with one tender and a 33.3% 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.

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