T&D equipment tenders up 29% in Q3 2020

30 October 2020 (Last Updated October 30th, 2020 04:06)

T&D equipment tenders up 29% in Q3 2020

T&D equipment tenders in Q3 2020 saw 936 tenders announced, marking a rise of 29% over the last four-quarter average of 725, 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 quarter was as follows:

  1. Supply & Erection: 829 tenders and an 88.6% share
  2. Repair, Maintenance, Upgrade & Others: 89 tenders and a 9.5% share
  3. Project Implementation: 18 tenders and a 1.9% share.

Asia-Pacific leads T&D equipment activity in Q3 2020

Comparing tenders activity in T&D equipment segment in different regions of the globe, Asia-Pacific held the top position with 421 tenders and a share of 45% during Q3 2020, followed by North America with 318 tenders and a 34% share and Europe with 81 tenders and an 8.7% 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 Q3 2020

Among the technologies, thermal accounted for 29 tenders with a 60.4% share, followed by hydro with 11 tenders and a 22.9% share and nuclear with four tenders and an 8.3% 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.