Vestas Top OEM on Navigant’s Turbine Leaderboard, Siemens Third

According to Navigant Research’s new Leaderboard report, Vestas, GE Energy, Siemens, and Gamesa are the leading wind turbine manufacturers in terms of strategy and execution.

Illustration (Image: Siemens)

The report, Navigant Research Leaderboard Report: Global Wind Turbine Vendors, examines the strategy and execution of 12 original equipment manufacturers (OEMs) that are active in the global wind turbine market. The vendors are rated on 12 criteria: vision; go-to-market strategy; partners; production strategy; technology; geographic reach; sales & marketing; global market share, 2015 capacity; product quality & reliability; product portfolio; cumulative installations; and staying power.

“Wind turbine manufacturers are primarily ranked in terms of total megawatts installed in a given year, but a more interesting story looks at differences in strategy and execution, product offerings, geographic diversification, and a mix of qualitative factors at play in this competitive and dynamic marketplace,” said Jesse Broehl, senior research analyst with Navigant Research. “Today’s top-tier vendors are excelling by showing brisk activity throughout many global markets and have an exceptional command of manufacturing, supply chain, and business relationships.”

Image: Navigant Research
Image: Navigant Research

Trailing the top-tier vendors are a number of strong contenders that, while proven, successful, and well-respected, may have smaller global business footprints and narrower product offerings, according to the report. Ranked behind these companies are a few large and very capable Chinese wind turbine vendors that rely predominantly on their domestic market but show mixed or limited success in other international markets.

Various drivers support this market, including supportive government policies, demands from power markets for clean and diversified power generation, and constantly evolving wind turbines that are providing increasingly cost-effective wind generation.

Top 10 Vendors are as follows:

1. Vestas

2. GE Energy

3. Siemens

4. Gamesa

5. Enercon

6. Senvion

7. Nordex

8. Goldwind

9. Suzlon

10. Envision