North America T&D equipment tenders activity up 110% in March 2020

29 April 2020 (Last Updated April 29th, 2020 15:14)

North America T&D equipment tenders activity up 110% in March 2020

There were 107 T&D equipment tenders announced in the North America region in March 2020, marking a rise of 110% over the last 12-month average of 51, 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 March 2020 with 107 tenders and a 59.4% share, followed by Generation Equipment with 39 tenders and a 21.7% share and Power Plant with 16 tenders and an 8.9% share during the month.

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

  1. Supply & Erection: 105 tenders and a 98.1% share
  2. Repair, Maintenance, Upgrade & Others: two tenders and a 1.9% share.

Hydro is top technology for North America T&D equipment tenders in March 2020

Looking at T&D equipment tenders by the type of technology in the North America region, hydro accounted for one tender with a 50% share, followed by thermal with one tender and a 50% 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.