Generation equipment tenders down 15% in July 2019

16 August 2019 (Last Updated August 16th, 2019 07:49)

Generation equipment tenders down 15% in July 2019

Generation equipment tenders in July 2019 saw 178 tenders announced, marking a drop of 15% over the last 12-month average of 209, 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: 124 tenders and a 69.7% share
  2. Repair, Maintenance, Upgrade & Others: 54 tenders and a 30.3% share.

Asia-Pacific leads generation equipment activity in July 2019

Comparing tenders activity in generation equipment segment in different regions of the globe, Asia-Pacific held the top position with 99 tenders and a share of 55.6% during July 2019, followed by North America with 53 tenders and a 29.8% share and Middle East and Africa with 15 tenders and an 8.4% share.

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Thermal is leading technology for generation equipment tenders in July 2019

Among the technologies, thermal accounted for 164 tenders with a 93.2% share, followed by solar with eight tenders and a 4.5% share and hydro with two tenders and a 1.1% 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.