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  1. Market Data
October 26, 2021

Asia-Pacific T&D equipment tenders activity down 25% in Q3 2021

There were 217 T&D equipment tenders announced in the Asia-Pacific region in Q3 2021, marking a drop of 25% over the last four-quarter average of 289, 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: 209 tenders and a 96.3% share
  2. Repair, Maintenance, Upgrade & Others: five tenders and a 2.3% share
  3. Project Implementation: two tenders and a 0.9% share
  4. Consulting & Similar Services: one tender and a 0.5% share.

Thermal is top technology for Asia-Pacific T&D equipment tenders in Q3 2021

Looking at T&D equipment tenders by the type of technology in the Asia-Pacific region, thermal accounted for three tenders with a 60% share, followed by hydro with two tenders and a 40% 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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