There were 371 T&D equipment tenders announced in the Asia-Pacific region in Q4 2020, marking a drop of 1% over the last four-quarter average of 376, 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 Q4 2020 with 371 tenders and a 37.2% share, followed by T&D Project with 278 tenders and a 27.9% share and Power Plant with 208 tenders and a 20.9% share during the quarter.
The proportion of tenders by category tracked by GlobalData in the quarter was as follows:
- Supply & Erection: 289 tenders and a 77.9% share
- Repair, Maintenance, Upgrade & Others: 71 tenders and a 19.1% share
- Project Implementation: 11 tenders and a 3% share.
Thermal is top technology for Asia-Pacific T&D equipment tenders in Q4 2020
Looking at T&D equipment tenders by the type of technology in the Asia-Pacific region, thermal accounted for 22 tenders with a 71% share, followed by hydro with eight tenders and a 25.8% share and solar with one tender and a 3.2% 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.
