MAKE Consulting has released its list of the top 10 wind turbine manufacturers in the global wind power market, along with their respective market shares.
According to the firm's report – which is based upon grid-connected capacity, with the exception of the Chinese market, which is analyzed on the basis of mechanically erected capacity for turbine vendors operating in that market – Vestas remained on top as the No. 1 wind turbine manufacturer, despite recent financial troubles, with a 12.9% market share.
The top 10 turbine manufacturers for 2011, with their respective market share, were as follows:
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%
However, Enercon surpassed Vestas as Europe's market leader due to the company's dominance in the booming German onshore market, plus strong performance in southern European markets such as France and Italy.
In the Americas, long-standing market leader GE Wind gave ground to Vestas and Siemens, placing the conglomerate in second place within the region, with Vestas just edging out the top spot.
In China – currently the world's largest wind power market – Goldwind recaptured leadership, while Sinovel and Dongfang dropped in both regional and global rankings.