This statistic presents the leading wind turbine original equipment manufacturers (OEMs) in the global market as of 2019, based on market share. During this year, the Danish company, Vestas, held a market share of 15.8 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 13.6 percent of the market, while Denmark’s Vestas held about 15.8 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 8.25 megawatts of commissioned capacity globally in 2019. 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.
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Bloomberg. (February 18, 2020). Leading wind turbine suppliers globally based on market share in 2019 [Graph]. In Statista. Retrieved August 17, 2022, from https://www.statista.com/statistics/554377/wind-turbine-suppliers-globally-based-on-market-share/
Bloomberg. "Leading wind turbine suppliers globally based on market share in 2019." Chart. February 18, 2020. Statista. Accessed August 17, 2022. https://www.statista.com/statistics/554377/wind-turbine-suppliers-globally-based-on-market-share/
Bloomberg. (2020). Leading wind turbine suppliers globally based on market share in 2019. Statista. Statista Inc.. Accessed: August 17, 2022. https://www.statista.com/statistics/554377/wind-turbine-suppliers-globally-based-on-market-share/
Bloomberg. "Leading Wind Turbine Suppliers Globally Based on Market Share in 2019." Statista, Statista Inc., 18 Feb 2020, https://www.statista.com/statistics/554377/wind-turbine-suppliers-globally-based-on-market-share/
Bloomberg, Leading wind turbine suppliers globally based on market share in 2019 Statista, https://www.statista.com/statistics/554377/wind-turbine-suppliers-globally-based-on-market-share/ (last visited August 17, 2022)