Vestas retains lead in wind turbines market

By Editor


Wind power projects have installed 22,893 wind turbines in 2019 produced from 33 suppliers and accounting for over 63 GW of capacity, according to the Global Wind Energy Council.

Vestas continues to hold on to its place as top supplier in 2019, accounting for 18 percent of all wind turbines installed in 2019, Global Wind Energy Council said in its annual Supply Side Analysis 2019 report.

Siemens Gamesa Renewable Energy moved up one position to second place, with the supplier doubling its offshore wind installation in 2019 and expanding its geographic coverage.

Goldwind fell one position to third place despite the company increasing its annual installations by 19 percent in 2019 thanks to an installation rush in its home market, China.

Of the top fifteen wind turbine suppliers in 2019, ten installed offshore wind turbines last year, accounting for 99.9 per cent of the record 6.1 GW of offshore wind capacity installed in 2019.

Last year was also the first time we saw a purely offshore wind supplier, MHI Vestas, break the global top fifteen, demonstrating the increasingly important role that the offshore industry is playing to drive wind power growth.

“We are continuing to see market consolidation for turbine suppliers globally, with the number of suppliers declining from 37 in 2018 to 33 in 2019. At the same time, the top six turbine vendors collectively increased their market share from 70 percent in 2018 to 72 percent in 2019,” Ben Backwell, CEO of GWEC, said.

In 2019, the average turbine size surpassed 2,750 kW and in some markets like Denmark and the UK, turbines passed the 5,000 kW milestone thanks to offshore wind development. This is a 72 percent increase for average turbine size in the past decade alone.

More than 63 GW wind power capacity was delivered and installed based on supply side data in 2019, a new record for the industry.

In 2019, eight Chinese turbine vendors were included in the top fifteen supplier ranking, but the top two spots were held by European suppliers Vestas and Siemens Gamesa Renewable Energy, Feng Zhao, Strategy Director of GWEC, said.

GE Renewable Energy and Envision remain in the fourth and fifth position for global market share, both showing increases thanks to installation rushes in their home markets of US and China.

Mingyang and Nordex Acciona  benefited from these installation rushes, both moving up one position to sixth and seventh place respectively.

Enercon dropped by two positions to eight place in 2019, primarily due to a significant decline in installations in its home market, Germany.

Windey entered the top ten for the first time ever as the supplier doubled its installations in China, moving up four positions to ninth place. Rounding out the top fifteen wind turbine suppliers in 2019 are Chinese suppliers Dongfang, Sewind, CSIC Haizhuang and United Power along with German supplier Senvion and the Danish-Japanese joint venture MHI Vestas.

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