Smart grid tenders in Q1 2022 saw 28 tenders announced, marking a drop of 72% over the last four-quarter average of 100, according to GlobalData’s power industry tenders database.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData- 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:
- Supply & Erection: 25 tenders and an 89.3% share
- Repair, Maintenance, Upgrade & Others: two tenders and a 7.1% share
- Project Implementation: one tender and a 3.6% share.
Asia-Pacific leads smart grid activity in Q1 2022
Comparing tenders activity in smart grid segment in different regions of the globe, Asia-Pacific held the top position with ten tenders and a share of 35.7% during Q1 2022, followed by Middle East and Africa with seven tenders and a 25% share and Europe with six tenders and a 21.4% share.
- Embed this chart
Embed this chart into your website
Copy and paste the code below into your website to display the chart.
Solar is leading technology for smart grid tenders in Q1 2022
Among the technologies, solar accounted for one tender with a 100% 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.