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  1. Market Data
September 8, 2021

Generation equipment tenders up 16% in August 2021

By admin-demo

Generation equipment tenders in August 2021 saw 180 tenders announced, marking a rise of 16% over the last 12-month average of 155, 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: 118 tenders and a 65.6% share
  2. Repair, Maintenance, Upgrade & Others: 61 tenders and a 33.9% share
  3. Consulting & Similar Services: one tender and a 0.6% share.

North America leads generation equipment activity in August 2021

Comparing tenders activity in generation equipment segment in different regions of the globe, North America held the top position with 106 tenders and a share of 58.9% during August 2021, followed by Asia-Pacific with 32 tenders and a 17.8% share and Middle East and Africa with 22 tenders and a 12.2% share.

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Thermal is leading technology for generation equipment tenders in August 2021

Among the technologies, thermal accounted for 166 tenders with a 91.7% share, followed by solar with 11 tenders and a 6.1% share and hydro with three tenders and a 1.7% 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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