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Leading onshore wind turbine suppliers globally based on market share in 2018
Global market share of onshore wind turbine OEMs 2018
This statistic presents the leading wind turbine original equipment manufacturers (OEMs) in the global market as of 2018, based on market share. During this year, the Danish company, Vestas, held a market share of 22 percent.

Global wind turbine manufacturers – additional information

Wind companies in China are dominating the global wind power market. In 2018, the Chinese wind turbine supplier, Goldwind, held about 15 percent of the market, while Denmark’s Vestas held about 22 percent of the global market share. Goldwind is headquartered in Urumqi, Xinjiang but also employs people all over Asia, Europe, and the Americas. Founded in 1998, Goldwind has quickly expanded into the global market, receiving some 6.66 megawatts of commissioned capacity globally in 2018. Pressure from the Chinese market has prompted wind turbine manufacturers from regions outside of China to increase M&A (merge and acquisition) activities, such as the 2015 merger between Germany’s Nordex and Spain’s Acciona Windpower.

As of 2015, almost 40 percent of globally installed wind energy capacity is located in China and about 14 percent in the United States. Wind energy installations from Chinese companies remain largely within their home markets, while other companies like Vestas, GE Wind, and Gamesa dominate international markets. For example, Gamesa dominated the wind energy market in the Middle East in 2014, accounting for over half of the region’s market share . Chinese companies are expected to increase competition outside of their home market in the near future, driven by beneficial government incentives and subsidies.
Leading onshore wind turbine suppliers globally based on market share in 2018
Company (country)Market share
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Sources

Release date

February 2019

Region

Worldwide

Survey time period

2018

Supplementary notes

Figures were calculated based on the global commissioned onshore capacity of 45.4 gigawatts.

Global market share of onshore wind turbine OEMs 2018
This statistic presents the leading wind turbine original equipment manufacturers (OEMs) in the global market as of 2018, based on market share. During this year, the Danish company, Vestas, held a market share of 22 percent.

Global wind turbine manufacturers – additional information

Wind companies in China are dominating the global wind power market. In 2018, the Chinese wind turbine supplier, Goldwind, held about 15 percent of the market, while Denmark’s Vestas held about 22 percent of the global market share. Goldwind is headquartered in Urumqi, Xinjiang but also employs people all over Asia, Europe, and the Americas. Founded in 1998, Goldwind has quickly expanded into the global market, receiving some 6.66 megawatts of commissioned capacity globally in 2018. Pressure from the Chinese market has prompted wind turbine manufacturers from regions outside of China to increase M&A (merge and acquisition) activities, such as the 2015 merger between Germany’s Nordex and Spain’s Acciona Windpower.

As of 2015, almost 40 percent of globally installed wind energy capacity is located in China and about 14 percent in the United States. Wind energy installations from Chinese companies remain largely within their home markets, while other companies like Vestas, GE Wind, and Gamesa dominate international markets. For example, Gamesa dominated the wind energy market in the Middle East in 2014, accounting for over half of the region’s market share . Chinese companies are expected to increase competition outside of their home market in the near future, driven by beneficial government incentives and subsidies.
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