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  1. Market Data
January 19, 2021

T&D equipment tenders up 6% in Q4 2020

T&D equipment tenders in Q4 2020 saw 825 tenders announced, marking a rise of 6% over the last four-quarter average of 779, 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:

  1. Supply & Erection: 715 tenders and an 86.7% share
  2. Repair, Maintenance, Upgrade & Others: 98 tenders and an 11.9% share
  3. Project Implementation: 12 tenders and a 1.5% share.

Asia-Pacific leads T&D equipment activity in Q4 2020

Comparing tenders activity in T&D equipment segment in different regions of the globe, Asia-Pacific held the top position with 371 tenders and a share of 45% during Q4 2020, followed by North America with 282 tenders and a 34.2% share and Europe with 87 tenders and a 10.5% share.

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Thermal is leading technology for T&D equipment tenders in Q4 2020

Among the technologies, thermal accounted for 27 tenders with a 62.8% share, followed by hydro with 11 tenders and a 25.6% share and solar with three tenders and a 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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