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North America smart grid tenders activity up 200% in Q1 2021

18 Apr 2021 (Last Updated April 15th, 2021 12:38)

North America smart grid tenders activity up 200% in Q1 2021

There were 33 smart grid tenders announced in the North America region in Q1 2021, marking a rise of 200% over the last four-quarter average of 11, according to GlobalData’s power industry tenders database.

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T&D Equipment stood at first place when compared with other power tender categories in the North America region in Q1 2021 with 277 tenders and a 39.4% share, followed by Generation Equipment with 261 tenders and a 37.1% share and Power Plant with 51 tenders and a 7.3% share during the quarter.

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

  1. Supply & Erection: 16 tenders and a 48.5% share
  2. Repair, Maintenance, Upgrade & Others: 15 tenders and a 45.5% share
  3. Consulting & Similar Services: two tenders and a 6.1% share.

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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.