T&D equipment tenders in Q3 2020 saw 936 tenders announced, marking a rise of 29% over the last four-quarter average of 725, according to GlobalData’s power industry tenders database.
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The proportion of tenders by category tracked by GlobalData in the quarter was as follows:
- Supply & Erection: 829 tenders and an 88.6% share
- Repair, Maintenance, Upgrade & Others: 89 tenders and a 9.5% share
- Project Implementation: 18 tenders and a 1.9% share.
Asia-Pacific leads T&D equipment activity in Q3 2020
Comparing tenders activity in T&D equipment segment in different regions of the globe, Asia-Pacific held the top position with 421 tenders and a share of 45% during Q3 2020, followed by North America with 318 tenders and a 34% share and Europe with 81 tenders and an 8.7% share.
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Thermal is leading technology for T&D equipment tenders in Q3 2020
Among the technologies, thermal accounted for 29 tenders with a 60.4% share, followed by hydro with 11 tenders and a 22.9% share and nuclear with four tenders and an 8.3% 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.
