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  1. Market Data
June 22, 2022

T&D equipment tenders down 36% in May 2022

By Carmen

T&D equipment tenders in May 2022 saw 146 tenders announced, marking a drop of 36% over the last 12-month average of 227, 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: 125 tenders and an 85.6% share
  2. Project Implementation: 16 tenders and an 11% share
  3. Repair, Maintenance, Upgrade & Others: five tenders and a 3.4% share.

Asia-Pacific leads T&D equipment activity in May 2022

Comparing tenders activity in T&D equipment segment in different regions of the globe, Asia-Pacific held the top position with 71 tenders and a share of 48.6% during May 2022, followed by North America with 33 tenders and a 22.6% share and Middle East and Africa with 31 tenders and a 21.2% share.

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Thermal is leading technology for T&D equipment tenders in May 2022

Among the technologies, thermal accounted for one tender with a 100% 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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