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Windtech International January February 2024 issue






FTI Consulting has released FTI Intelligence’s preliminary rankings for the world’s top five wind turbine original equipment manufacturers (OEMs), which found Danish manufacturer Vestas reclaimed the title as the world’s largest supplier of wind turbines in 2016.

Vestas’ return to the top spot was particularly driven by increased installations in the US market, where it overtook GE as the no. 1 supplier. GE and Enercon rose to second and fifth place, respectively, by taking advantage of strong domestic market growth in the United States and Germany. Chinese supplier Goldwind fell two positions to third place, primarily due to a 24 per cent drop in China’s wind power installations. Gamesa moved up one position to no. 4, largely attributable to its strong presence in India and emerging markets. At this time, FTI Intelligence assigns the following OEM market rankings:

2016 Ranking





1. Vestas   +1   Up from 2nd position in 2015
2. GE   +1   Up from 3rd position in 2015 
3. Goldwind   -2   Down from 1st position in 2015   
4. Gamesa   +1   Up from 5th position in 2015
5. Enercon   +1   Up from 6th position in 2015

Gamesa and Siemens are ranked separately as the merger between Siemens Wind and Gamesa is not yet finalised. Among other highlights, FTI Intelligence notes that Siemens dropped out of the top five for the first time since 2012, mainly due to its decreased annual installation in both the United States and offshore wind sector in 2016. In addition, Nordex returned to the top 10 after its recent acquisition of Acciona’s turbine business. These rankings will be published in the Global Wind Market Update ― Demand & Supply 2016, which will be released in March 2017.

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