There were 152 T&D equipment tenders announced in the Asia-Pacific region in Q1 2021, marking a drop of 60% over the last four-quarter average of 384, 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 Q1 2021 with 152 tenders and a 30.9% share, followed by Power Plant with 129 tenders and a 26.2% share and T&D Project with 126 tenders and a 25.6% share during the quarter.
The proportion of tenders by category tracked by GlobalData in the quarter was as follows:
- Supply & Erection: 120 tenders and a 78.9% share
- Repair, Maintenance, Upgrade & Others: 26 tenders and a 17.1% share
- Project Implementation: six tenders and a 3.9% share.
Hydro is top technology for Asia-Pacific T&D equipment tenders in Q1 2021
Looking at T&D equipment tenders by the type of technology in the Asia-Pacific region, hydro 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.
