Vestas and Goldwind win the top two positions, respectfully, within MAKE’s top 15 global rankings, according to MAKE’s Global Wind Turbine OEM 2015 Market Share analysis. Western turbine OEMs accounted for five of the top seven positions and seven positions overall in the top 15 global rankings.
Key differentiators for western turbine OEMs included market diversification and performance in the offshore sector. The top seven western turbine OEMs added capacity in an average of 20 markets in 2015, compared to fewer than two markets apiece for Chinese turbine OEMs. Vestas led all turbine OEMs with capacity added in thirty-five markets and Siemens accounted for 51% of global offshore wind power capacity added in 2015. The criticality of finishing projects in China by year-end in order to qualify for expiring FIT levels led to some data discrepancies in the market. MAKE carefully verified project data to the greatest extent possible, which directly impacted regional and global rankings. Despite the determination that some capacity reported for 2015 was installed in 2016, the data indicate Chinese turbine OEMs nevertheless achieved considerable YoY growth in China. Six Chinese turbine OEMs in the top 15 global ranking averaged 30% YoY growth. A dearth of Chinese turbine OEM activity outside of China, however, kept western turbine OEMs from losing ground globally to Chinese turbine OEMs despite China’s record year. MAKE’s Top Ten global wind turbine OEM rankings are as follows: 1. Vestas, 2. Goldwind, 3. GE, 4. Siemens, 5. Gamesa, 6. United Power, 7. Enercon, 8. Envision, 9. Mingyang and 10. Senvion.