Generation equipment tenders in January 2022 saw 73 tenders announced, marking a drop of 53% over the last 12-month average of 154, 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:
- Supply & Erection: 46 tenders and a 63% share
- Repair, Maintenance, Upgrade & Others: 26 tenders and a 35.6% share
- Consulting & Similar Services: one tender and a 1.4% share.
North America leads generation equipment activity in January 2022
Comparing tenders activity in generation equipment segment in different regions of the globe, North America held the top position with 51 tenders and a share of 69.9% during January 2022, followed by Europe with 14 tenders and a 19.2% share and Asia-Pacific with seven tenders and a 9.6% share.
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Thermal is leading technology for generation equipment tenders in January 2022
Among the technologies, thermal accounted for 64 tenders with an 87.7% share, followed by solar with nine tenders and a 12.3% 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.
