T&D equipment tenders up 17% in October 2020

12 November 2020 (Last Updated November 17th, 2020 10:27)

T&D equipment tenders up 17% in October 2020

T&D equipment tenders in October 2020 saw 302 tenders announced, marking a rise of 17% over the last 12-month average of 259, 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:

  1. Supply & Erection: 259 tenders and an 85.8% share
  2. Repair, Maintenance, Upgrade & Others: 35 tenders and an 11.6% share
  3. Project Implementation: eight tenders and a 2.6% share.

North America leads T&D equipment activity in October 2020

Comparing tenders activity in T&D equipment segment in different regions of the globe, North America held the top position with 125 tenders and a share of 41.4% during October 2020, followed by Asia-Pacific with 115 tenders and a 38.1% share and Europe with 32 tenders and a 10.6% share.

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Thermal is leading technology for T&D equipment tenders in October 2020

Among the technologies, thermal accounted for eight tenders with a 57.1% share, followed by hydro with five tenders and a 35.7% share and solar with one tender and a 7.1% 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.