CHINA’S BIG WIND MAKERS GET BIGGER

Wind Turbine OEM Market Share 2010
March 2011 (MAKE Consulting)

"The remarkable growth in China had a significant impact on [2010] global market share positioning…[N]on-Chinese wind turbine OEMs were unable to [advance]… This created considerable competition particularly at the top of the rankings…[O]nly two percentage points separate the top four turbine OEMs…Vestas maintained its leading market position…

"…Chinese wind turbine OEMs – Sinovel and Goldwind – [entered the top five rankings in 2009 and] continued to climb…[B]oth placed in the top four [in 2010]. Chinese wind turbine OEMs accounted for four of the top ten and seven of the top fifteen positions in the 2010 rankings…European wind turbine OEMs held six positions in the top fifteen…"

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"A 44% drop in new capacity in the U.S. negatively impacted turbine OEMs whose global position depends on [U.S.] success…GE rebounded in the U.S. with a higher market share than in 2009, but market contraction impacted its global position…Sinovel leapfrogged it for the number two position…Siemens recorded a strong year in North America, which helped elevate it to the second position in the U.S. and in Canada. Vestas’s [and others’] U.S. market share eroded significantly…

"The top four turbine manufacturers in Europe held their positions in 2010 with GE making the biggest YoY improvement in the top ten. European turbine OEMs also accounted for 75% of installations offshore in 2010 led by Vestas and Siemens…"