Generation equipment tenders down 42% in January 2020

14 February 2020 (Last Updated February 14th, 2020 06:36)

Generation equipment tenders down 42% in January 2020

Generation equipment tenders in January 2020 saw 110 tenders announced, marking a drop of 42% over the last 12-month average of 190, 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: 79 tenders and a 71.8% share
  2. Repair, Maintenance, Upgrade & Others: 29 tenders and a 26.4% share
  3. Consulting & Similar Services: one tender and a 0.9% share
  4. Project Implementation: one tender and a 0.9% share.

North America leads generation equipment activity in January 2020

Comparing tenders activity in generation equipment segment in different regions of the globe, North America held the top position with 50 tenders and a share of 45.5% during January 2020, followed by Asia-Pacific with 47 tenders and a 42.7% share and Europe with eight tenders and a 7.3% share.

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Thermal is leading technology for generation equipment tenders in January 2020

Among the technologies, thermal accounted for 102 tenders with a 95.3% share, followed by solar with four tenders and a 3.7% share and nuclear with one tender and a 0.9% 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.