T&D equipment tenders up 4% in Q2 2020

22 August 2020 (Last Updated August 17th, 2020 12:33)
T&D equipment tenders up 4% in Q2 2020

T&D equipment tenders in Q2 2020 saw 785 tenders announced, marking a rise of 4% over the last four-quarter average of 754, according to GlobalData’s power industry tenders database.

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

  1. Supply & Erection: 672 tenders and an 85.6% share
  2. Repair, Maintenance, Upgrade & Others: 113 tenders and a 14.4% share.

Asia-Pacific leads T&D equipment activity in Q2 2020

Comparing tenders activity in T&D equipment segment in different regions of the globe, Asia-Pacific held the top position with 365 tenders and a share of 46.5% during Q2 2020, followed by North America with 323 tenders and a 41.1% share and Europe with 64 tenders and an 8.2% share.

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Thermal is leading technology for T&D equipment tenders in Q2 2020

Among the technologies, thermal accounted for 27 tenders with a 55.1% share, followed by hydro with 20 tenders and a 40.8% share and nuclear with one tender and a 2% 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.