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Top 10 Wind Turbine Manufacturing Companies

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Market

Environmental

Report Type

Market Research

Country

Global

Published

9 November 2012

Number of Pages

212

Report Delivery

Email

Delivery Lead Time

1-3 hours, 24 hour max

Publisher

GBI Research

File Format

PDF

Global wind turbine manufacturing market dominated by Vestas

The global wind turbine market is a consolidated market of which the top 10 companies account for approximately 80%. European wind turbine manufacturer Vestas, from Denmark, dominated the global market in 2011, with a market share of 12.7% on the basis of installed capacity, which was 5,054 Megawatts (MW). This was however a drop from 2010s share of 14.8%. Chinese manufacturer Sinovel ranked second with a share of 9% and 2,939 MW of installed capacity.

Vestas is one of the strongest vertically integrated wind turbine manufacturers. The increased competition from emerging players from China and other countries has started to affect on the market and Vestas share has decreased considerably as a result in the past few years.

Fast-developing Chinese Companies Proving Tough Competition for Global Players

China is a leading and one of the fastest growing wind turbine markets in the world. Annual installed capacity stood at around 18 Gigawatts (GW) in 2011 and cumulative installed capacity at around 63 GW due to the emergence of domestic players such as Sinovel, GoldWind, Guodian United Power and Ming Yang Wind Power. These companies gained a place in the top 10 wind turbine manufacturers list for the first time in 2011 and are proving stiff competition to other global players such as GE Energy, Vestas and Suzlon.

Need for High-capacity Turbine Generators Leading the Way in Technological Innovation

The wind turbine market comprises a range of generators in the capacity range of 0.3-3 MW. The requirement for high-capacity turbine generators for power generation has led to an increase in companies R&D expenditure, as they are focusing on research and innovation to develop wind turbine generators with a capacity of more than 3 MW. GE Energy has also started to develop a 3.6 MW wind turbine generator. Other companies are also realizing the importance of developing high-capacity turbine generators.

Report Overview

This study, which is an offering from the companys Energy Research Group, looks at the major global wind turbine manufacturing companies, including information on their growth strategies, as well as SWOT analyses and information on financial ratios and other areas of finance. It also highlights major product offerings. The report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GBI Researchs team of industry experts.

Scope

- Overview of the global wind power market
- Overview of the global wind turbine manufacturing industry
- Information about the major wind turbine manufacturing companies
- Comparative analysis of the major companies in the wind turbine manufacturing industry
- Companies growth strategies and product offerings
- Financial and SWOT analysis of the top 10 companies in the wind turbine manufacturing industry

Reasons to buy

- Develop business strategies with the help of specific insights into the global wind turbine manufacturing industry
- Identify the major companies in the global wind turbine manufacturing industry
- Identify companies growth strategies and key product offerings
- Identify companies strengths and weaknesses and potential opportunities and threats to the industry
- Compare different companies in terms of critical parameters such as financials, important product offerings and countries of operation

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Select License Type

Electronic License

Electronic License

An electronic version (mostly PDF, but can be Excel or PPT), which is either available for immediate download or will be sent via email by the Publisher of the report. The licencing for an electronic version is for use by the purchaser ONLY.

Site License

Site License

An electronic version (mostly PDF, but can be Excel or PPT). Where the report(s) is intended for use by more than one individual, across for example, a site, an office, or a division or country.

Corporate License

Corporate License

An electronic version (mostly PDF, but can be Excel or PPT). Where the report(s) is/are intended for use by an organisation in its entirety. For example, if reports are put on an Intranet or if they are distributed or used by more than one office, division, or country operation, then a Corporate Licence is required.

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