Vestas, World’s Largest Turbine OEM in 2011 (Denmark)

Vestas, World’s Largest Turbine OEM in 2011 (Denmark)

Competition within the global market place remains fierce, especially in the world’s leading wind market, China. Leading IPPs in China are increasingly focused on using turbines with stronger performance and superior product quality rather than lowest capital cost. This has led to Goldwind recapturing leadership in China, while Sinovel and Dongfang dropped in both regional and global rankings.

Vestas was able to maintain its position as the world’s largest turbine OEM in 2011, in spite of the strength of the Chinese turbine OEMs in their 17.6GW domestic market. Vestas’ strong showing in the Americas allowed the group to distance itself from the rest of the top five market players this year, commanding a 4.1 percentage point lead over second-placed China’s Goldwind.

In Western markets, Enercon surpassed Vestas as Europe’s market leader due to its dominance in the booming German onshore market plus a strong performance in Southern European markets such as France and Italy. In the Americas, long-standing market leader GE Wind gave ground to Vestas and Siemens, placing the conglomerate in second place within the region, with Vestas just edging the top spot.

MAKE’s Top Ten global wind turbine OEM rankings are as follows:

1. Vestas – 12.9%

2. Goldwind – 8.8%

3. Enercon – 7.6%

4. Suzlon Group – 7.6%

5. Siemens – 7.6%

6. GE Wind – 7.4%

7. Sinovel – 7.2%

8. United Power – 7.0%

9. Gamesa – 6.4%

10. Mingyang – 2.9%

Global Wind Turbine OEM 2011 Market Share report is a 35 page report that provides a comprehensive analysis of the competitive positioning of the world’s leading turbine OEMs from a global, regional and countrywide perspective. The report provides market share analysis for 2010, 2011 and cumulative installations in the major sub-regions of the Americas, Europe and Asia Pacific along with analysis of 16 countries across the globe. MAKE’s market share analysis is based upon grid connected capacity, with the exception of the Chinese market, which is analyzed on the basis of mechanically erected capacity for turbine vendors operating in that market.

Offshore WIND staff, March 26, 2012; Image: vestas

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