Published on April 3rd, 2017 | by Joshua S Hill0
Vestas Strengthens Grip On Top Wind Turbine Manufacturer Spot In 2016
April 3rd, 2017 by Joshua S Hill
New market analysis from MAKE Consulting has confirmed Danish wind turbine manufacturer Vestas as the leading wind turbine OEM in 2016, with the company further strengthening its stranglehold on the top spot and further distancing itself from any and all competitors.
Earlier this year Bloomberg New Energy Finance published its annual rankings of global wind turbine manufacturers, crowning Vestas as the world’s leading wind OEM as it took its top spot back from 2015 rival Goldwind. MAKE Consulting, publishing its own analysis to round out March, confirmed Vestas as the world’s leading wind OEM, with 8.7 gigawatts (GW) added across 36 markets in 2016. In fact, Vestas stretched its lead to the point where it is now up on its nearest competitor, GE, by nearly three percentage-points — the largest differential between the top two spots in the ranking since 2013.
According to MAKE, western turbine OEMs accounted for four of the top five positions, and seven of the top 15. Only China’s Goldwind broke into the top 5, coming in at number 3. MAKE concludes that the rise of Chinese wind OEMs slowed in 2016 due to their almost singular focus on the Chinese market — a market which slowed 20% compared to 2015. All in all, six of the seven total Chinese turbine OEMs lost their 2015 positions during 2016.
Offshore wind continues to play a significant role, helping Siemens maintain a significant position on the table at number 5. Siemens accounted for 68% of all global offshore capacity — however, as with China, the global offshore sector capacity additions dropped 32% in 2016 compared to 2015.
The top 10 are:
- Nordex Group
- United Power
Check out our new 93-page EV report.
Join us for an upcoming Cleantech Revolution Tour conference!
Keep up to date with all the hottest cleantech news by subscribing to our (free) cleantech daily newsletter or weekly newsletter, or keep an eye on sector-specific news by getting our (also free) solar energy newsletter, electric vehicle newsletter, or wind energy newsletter.