Generation equipment segment tenders in March 2021: Exclusive analysis
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Generation equipment tenders down 14% in March 2021

16 Apr 2021

Generation equipment tenders down 14% in March 2021

Generation equipment tenders in March 2021 saw 131 tenders announced, marking a drop of 14% over the last 12-month average of 153, 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: 96 tenders and a 73.3% share
  2. Repair, Maintenance, Upgrade & Others: 34 tenders and a 26% share
  3. Consulting & Similar Services: one tender and a 0.8% share.

North America leads generation equipment activity in March 2021

Comparing tenders activity in generation equipment segment in different regions of the globe, North America held the top position with 89 tenders and a share of 67.9% during March 2021, followed by Europe with 17 tenders and a 13% share and Middle East and Africa with 17 tenders and a 13% share.

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Thermal is leading technology for generation equipment tenders in March 2021

Among the technologies, thermal accounted for 113 tenders with an 86.3% share, followed by solar with 14 tenders and a 10.7% share and wind with one tender and a 0.8% 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.