North America T&D equipment tenders activity up 61% in Q3 2020

2 November 2020 (Last Updated November 2nd, 2020 02:33)

North America T&D equipment tenders activity up 61% in Q3 2020
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There were 318 T&D equipment tenders announced in the North America region in Q3 2020, marking a rise of 61% over the last 12-month average of 197, 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 Q3 2020 with 318 tenders and a 42.7% share, followed by Generation Equipment with 307 tenders and a 41.3% share and Power Plant with 44 tenders and a 5.9% share during the quarter.

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

  1. Supply & Erection: 295 tenders and a 92.8% share
  2. Repair, Maintenance, Upgrade & Others: 23 tenders and a 7.2% share.

Thermal is top technology for North America T&D equipment tenders in Q3 2020

Looking at T&D equipment tenders by the type of technology in the North America region, thermal accounted for nine tenders with an 81.8% share, followed by hydro with two tenders and an 18.2% 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.