Vestas and GE struggle for supremacy

Depending on which market researcher you believe, either Vestas or GE was in the lead in 2012 when it came to global market shares among manufacturers of wind energy equipment. Navigant Research believes that GE, with its 15% market share, has managed to displace Vestas from the top. On the other hand, MAKE Consulting sees the Danish manufacturer of wind turbines as the world leader with 14.6% - in front of GE, to which they attribute a 13.7% market share.

MAKE published its figures in late March in the study Global Wind Turbine OEM 2012 Market Share. The reason why GE could move up from 5th place to a position at least very close to Vestas, MAKE sees as being its successful U.S. business and strong sales in emerging EMEA markets. If all GE projects in Brazil had already been connected to the grid in 2012, then MAKE would have seen the Americans ahead of Vestas in 2012 as well.

Only Navigant actually did this in its BTM Wind Report: World Market Update 2012. According to the report, Vestas lost its leading position for the first time since 2000, even though the Danes managed to increase their market share by 1.1% over the previous year.

As for the ranks behind Vestas and GE, MAKE and Navigant agree: Together with Siemens, Gamesa and Enercon, they have displaced all Chinese manufacturers from the top five. Goldwind, for example, fell from the position of the second most important manufacturer in the world in 2011 to seventh place in 2012.

Katharina Garus

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