2024-03-29
http://w3.windfair.net/wind-energy/pr/17982-report-excerpt-vestas-stays-number-one-in-btm-navigant-survey

News Release from Vestas

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Report Excerpt - Vestas stays number one in BTM Navigant survey

In 2014, BTM found Vestas had 12.3% of the wind energy market. This allowed it to hold off Siemens on 9.9% and GE on 9.1%.

World Wind Energy Market Update 2015World Wind Energy Market Update 2015

The finding is in contrast with Make Consulting, which found Siemens had taken over the number one spot due to a strong offshore performance. One key difference between the two surveys is Make uses grid-connected installations.

Other notable changes to the list include the disappearance of Nordex from the top 10, despite a record year of installations. In 2013, it was in tenth place but a year later has been replaced by Chinese manufacturer Envision with 3.8% of the global market.

Enercon took another big drop in market share, taking only 7.8% compared to 9.8% in 2013. There was a strong performance from Chinese manufacturers on the back of a resurgent Chinese market, with four in the top 10.

In terms of market trends, the report found the average turbine size had only marginally increased to 1958kW. In 2013, the average size was 1926kW rising over 70kW on 2012.

Direct drive continued to grow. Installations rose to 13,740MW in 2014 from 10,560MW in 2013, a 30% increase. However, as a proportion of global installations, direct drive fell by 1% to 27%.

Top 10 wind turbine manufacturers of 2014

  1. Vestas 12.3%
  2. Siemens 9.9%
  3. GE 9.1%
  4. Goldwind 9%
  5. Enercon 7.8%
  6. Suzlon 5.8%
  7. United Power 5.1%
  8. Gamesa 4.7%
  9. Ming Yang 4.4%
  10. Envision 3.8%

The World Wind Energy Market Update 2015 covers developments in the wind energy sector during 2014. As in previous editions, this report assesses important changes over the last 3 years and provides a 5-year market forecast, followed by a projection of likely market progress for the next 5 years. This 20th annual edition of the World Wind Energy Market Update includes a special report highlighting advances occurring in the wind blade market through three expert commentary and analysis submissions. Another key component of this report is an assessment of the separate demand and supply dynamics in wind markets globally and an analysis of wind turbine vendor market activity derived largely from wind turbine installation data provided by the wind turbine vendors. An Executive Summary of the report is available for free download on the Navigant Research website.

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Source:
Vestas Central Europe
Author:
Trevor Sievert, Online Editorial Journalist / By Vestas Staff
Email:
ts@windfair.net
Link:
www.vestas.com/...



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