T&D equipment contracts in Q4 2019 saw 79 contracts announced, marking a rise of 46% over the last four-quarter average of 54, according to GlobalData’s power industry contracts database.
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The proportion of contracts by category tracked by GlobalData in the quarter was as follows:
- Supply & Erection: 67 contracts and an 84.8% share
- Project Implementation: nine contracts and an 11.4% share
- Consulting & Similar Services: two contracts and a 2.5% share
- Repair, Maintenance, Upgrade & Others: one contract and a 1.3% share.
Europe leads T&D equipment activity in Q4 2019
Comparing contracts activity in T&D equipment segment in different regions of the globe, Europe held the top position with 53 contracts and a share of 67.1% during Q4 2019, followed by Asia-Pacific with 17 contracts and a 21.5% share and Middle East and Africa with four contracts and a 5.1% share.
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Wind is leading technology for T&D equipment contracts in Q4 2019
Among the technologies, wind accounted for 23 contracts with a 63.9% share, followed by solar with six contracts and a 16.7% share and thermal with four contracts and an 11.1% share.
All publicly-announced contracts 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 contracts are available for subscribers to GlobalData’s Power database.
