T&D equipment tenders down 29% in January 2021
T&D equipment tenders in January 2021 saw 195 tenders announced, marking a drop of 29% over the last 12-month average of 275, 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:
- Supply & Erection: 171 tenders and an 87.7% share
- Repair, Maintenance, Upgrade & Others: 19 tenders and a 9.7% share
- Project Implementation: five tenders and a 2.6% share.
North America leads T&D equipment activity in January 2021
Comparing tenders activity in T&D equipment segment in different regions of the globe, North America held the top position with 78 tenders and a share of 40% during January 2021, followed by Asia-Pacific with 59 tenders and a 30.3% share and Middle East and Africa with 32 tenders and a 16.4% share.
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Thermal is leading technology for T&D equipment tenders in January 2021
Among the technologies, thermal accounted for four tenders with a 66.7% share, followed by hydro with two tenders and a 33.3% 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.
