Vestas holds onto no1 manufacturer spot

Vestas has continued to hold onto its top spot in the in the league of the world's biggest wind turbine manufacturers, according to research analyst BTM.

As in last year's report, Chinese manufacturers were well-represented within the top 10 with Ming Yang joining Guodian United Power, Sinovel and Goldwind.

According to BTM, Vestas has a 12.9% share of the market, with Goldwind leaping into second place with a 9.4% share. They are followed by GE on 8.8%. Gamesa moved up to fourth with 8.2%.

The five companies hovering outside the top 10 are Nordex, Dongfang, XEMC, Sewind and Enercon India.

Onshore turbine size continued to grow with the average size delivered to market in 2011 at 1,678kW. Offshore the growth has been more pronounced with the average size rising 710kW to 3,700kW.

BTM said that despite the relative strength of the Asian market, the average growth rate for new installations is 10%. This year a growth of around 3.5% is expected.

Although the wind energy market will continue to grow albeit at a slower rate. This is partly due to fall out from the European debt crisis.

Make Consulting also published its own report into turbine manufacturer market share. Again it rated Vestas as market leader, but found GE was at number six with only 7.4% of the market.

Make Consulting.

  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%