Join Our Newsletter - Get important industry news and analysis sent to your inbox – sign up to our e-Newsletter here

T&D equipment tenders down 29% in January 2021

24 Feb 2021 (Last Updated February 24th, 2021 09:21)

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.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

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

  1. Supply & Erection: 171 tenders and an 87.7% share
  2. Repair, Maintenance, Upgrade & Others: 19 tenders and a 9.7% share
  3. 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.

  • Embed this chart

    Embed this chart into your website

    Copy and paste the code below into your website to display the chart.

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.