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  1. Market Data
June 21, 2021

Generation equipment tenders down 20% in May 2021

By Amit Sharma

Generation equipment tenders in May 2021 saw 122 tenders announced, marking a drop of 20% over the last 12-month average of 153, according to GlobalData’s power industry tenders database.

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The proportion of tenders by category tracked by GlobalData in the month was as follows:

  1. Supply & Erection: 73 tenders and a 59.8% share
  2. Repair, Maintenance, Upgrade & Others: 49 tenders and a 40.2% share.

North America leads generation equipment activity in May 2021

Comparing tenders activity in generation equipment segment in different regions of the globe, North America held the top position with 60 tenders and a share of 49.2% during May 2021, followed by Asia-Pacific with 37 tenders and a 30.3% share and Middle East and Africa with 14 tenders and an 11.5% share.

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Thermal is leading technology for generation equipment tenders in May 2021

Among the technologies, thermal accounted for 104 tenders with an 85.2% share, followed by solar with ten tenders and an 8.2% share and nuclear with four tenders and a 3.3% share.

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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