Generation equipment tenders down 13% in December 2019

16 January 2020 (Last Updated January 16th, 2020 07:21)

Generation equipment tenders down 13% in December 2019

Generation equipment tenders in December 2019 saw 168 tenders announced, marking a drop of 13% over the last 12-month average of 192, 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: 100 tenders and a 59.5% share
  2. Repair, Maintenance, Upgrade & Others: 65 tenders and a 38.7% share
  3. Consulting & Similar Services: three tenders and a 1.8% share.

Asia-Pacific leads generation equipment activity in December 2019

Comparing tenders activity in generation equipment segment in different regions of the globe, Asia-Pacific held the top position with 81 tenders and a share of 48.2% during December 2019, followed by North America with 67 tenders and a 39.9% share and Europe with 11 tenders and a 6.5% share.

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Thermal is leading technology for generation equipment tenders in December 2019

Among the technologies, thermal accounted for 152 tenders with a 90.5% share, followed by solar with 11 tenders and a 6.5% share and nuclear with two tenders and a 1.2% 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.