Europe T&D equipment tenders activity down 15% in November 2019

23 December 2019 (Last Updated December 23rd, 2019 10:56)

Europe T&D equipment tenders activity down 15% in November 2019
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There were 22 T&D equipment tenders announced in the Europe region in November 2019, marking a drop of 15% over the last 12-month average of 26, according to GlobalData’s power industry tenders database.

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T&D Project stood at first place when compared with other power tender categories in the Europe region in November 2019 with 30 tenders and a 34.1% share, followed by Generation Equipment with 23 tenders and a 26.1% share and T&D Equipment with 22 tenders and a 25% share during the month.

The proportion of tenders by category tracked by GlobalData in the month was as follows:

  1. Supply & Erection: 19 tenders and an 86.4% share
  2. Repair, Maintenance, Upgrade & Others: two tenders and a 9.1% share
  3. Project Implementation: one tender and a 4.5% share.

Hydro is top technology for Europe T&D equipment tenders in November 2019

Looking at T&D equipment tenders by the type of technology in the Europe region, hydro accounted for two tenders with a 66.7% share, followed by solar with one tender and a 33.3% share.

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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.