T&D equipment tenders in Q1 2022 saw 254 tenders announced, marking a drop of 71% over the last four-quarter average of 878, 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: 250 tenders and a 98.4% share
- Repair, Maintenance, Upgrade & Others: four tenders and a 1.6% share.
North America leads T&D equipment activity in Q1 2022
Comparing tenders activity in T&D equipment segment in different regions of the globe, North America held the top position with 83 tenders and a share of 32.7% during Q1 2022, followed by Asia-Pacific with 79 tenders and a 31.1% share and Middle East and Africa with 56 tenders and a 22% share.
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Hydro is leading technology for T&D equipment tenders in Q1 2022
Among the technologies, hydro accounted for six tenders with a 75% share, followed by nuclear with one tender and a 12.5% share and thermal with one tender and a 12.5% 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.
