Generation equipment segment tenders in Q1 2021: Exclusive analysis
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Generation equipment tenders down 11% in Q1 2021

21 Apr 2021 (Last Updated April 21st, 2021 06:44)

Generation equipment tenders down 11% in Q1 2021

Generation equipment tenders in Q1 2021 saw 410 tenders announced, marking a drop of 11% over the last four-quarter average of 461, according to GlobalData’s power industry tenders database.

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

  1. Supply & Erection: 272 tenders and a 66.3% share
  2. Repair, Maintenance, Upgrade & Others: 134 tenders and a 32.7% share
  3. Consulting & Similar Services: four tenders and a 1% share.

North America leads generation equipment activity in Q1 2021

Comparing tenders activity in generation equipment segment in different regions of the globe, North America held the top position with 261 tenders and a share of 63.7% during Q1 2021, followed by Middle East and Africa with 65 tenders and a 15.9% share and Asia-Pacific with 45 tenders and an 11% share.

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Thermal is leading technology for generation equipment tenders in Q1 2021

Among the technologies, thermal accounted for 353 tenders with an 85.1% share, followed by solar with 43 tenders and a 10.4% share and nuclear with eight tenders and a 1.9% 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.