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Wood Mackenzie Power & Renewables, a renewable energy market analyst, released its global wind turbine OEM market share forecast this week, with the top 5 wind turbine OEMs accounting for 68% of the combined market share by 2020, up from 47%
five years ago.
"We expect Vestas to maintain its market leadership in 2019, followed by Siemens Gamesa and GE Renewables," said Shashi Barla, principal analyst at Wood Mackenzie Power & Renewables.
”
"Chinese market leaders such as Goldwind and Envision Energy are also popular for their superior product performance and output strength, and are expected to increase their domestic market share in China to more than 50% during the forecast period," Barla added, "International expansion in Latin America, Africa and Asia Pacific will all be important markets
for the top five global OEMs.
”
"European leaders Enercon and Nordex have seen significant order growth over the past 12 months, paving the way
for strong performance in Europe's core markets and outside of cost-optimised platforms in 2020/21.
However, both could face an uphill battle
when competing with their larger Western counterparts.
”
Wood Mackenzie also said that market consolidation is starting to affect the Chinese market
.
The U.
S.
is expected to remain the world's largest single market
in the short term.
"Siemens Gamesa is working to restore its prospects in the U.
S.
until the federal Renewable Electricity Production Tax Credit (PTC) fades, while NextEra and Invenergy are maintaining their historical preference for GE as turbine suppliers," Barla added, "Vestas has had success with utilities and IPPs in the U.
S.
and Europe, with a large number of turbines being shipped to MidAmerican, Xcel, EDF and Avangrid
。 ”
"Vestas dominates the EMEA region due to geographical diversification and strong performance in emerging market tenders, while Siemens Gamesa is strengthening its regional presence
in European markets including Spain and Turkey, as well as emerging African markets including Egypt and Morocco.
Nordex has been relatively successful in Germany over the past 5 years, mainly thanks to their focus on low wind turbines N117/2400, N117/3X00 and N131/3X00
.
However, for offshore wind turbine OEMs, Siemens Gamesa and MHI Vestas, a joint venture between Mitsubishi Heavy Industries and Vestas, are expected to continue to dominate the industry, with a cumulative share of more than 60%.
GE, which will bring its massive 12-megawatt Haliade-X wind turbine to market early in the next decade, must focus on commercializing its new turbines to grab market share
.
China's offshore wind market is dominated by domestic manufacturers, including Shanghai Electric, Goldwind, Mingyang Wind and Envision Energy
.
Wood Mackenzie Power & Renewables, a renewable energy market analyst, released its global wind turbine OEM market share forecast this week, with the top 5 wind turbine OEMs accounting for 68% of the combined market share by 2020, up from 47%
five years ago.
"We expect Vestas to maintain its market leadership in 2019, followed by Siemens Gamesa and GE Renewables," said Shashi Barla, principal analyst at Wood Mackenzie Power & Renewables.
”
"Chinese market leaders such as Goldwind and Envision Energy are also popular for their superior product performance and output strength, and are expected to increase their domestic market share in China to more than 50% during the forecast period," Barla added, "International expansion in Latin America, Africa and Asia Pacific will all be important markets
for the top five global OEMs.
”
"European leaders Enercon and Nordex have seen significant order growth over the past 12 months, paving the way
for strong performance in Europe's core markets and outside of cost-optimised platforms in 2020/21.
However, both could face an uphill battle
when competing with their larger Western counterparts.
”
Wood Mackenzie also said that market consolidation is starting to affect the Chinese market
.
The U.
S.
is expected to remain the world's largest single market
in the short term.
"Siemens Gamesa is working to restore its prospects in the U.
S.
until the federal Renewable Electricity Production Tax Credit (PTC) fades, while NextEra and Invenergy are maintaining their historical preference for GE as turbine suppliers," Barla added, "Vestas has had success with utilities and IPPs in the U.
S.
and Europe, with a large number of turbines being shipped to MidAmerican, Xcel, EDF and Avangrid
。 ”
"Vestas dominates the EMEA region due to geographical diversification and strong performance in emerging market tenders, while Siemens Gamesa is strengthening its regional presence
in European markets including Spain and Turkey, as well as emerging African markets including Egypt and Morocco.
Nordex has been relatively successful in Germany over the past 5 years, mainly thanks to their focus on low wind turbines N117/2400, N117/3X00 and N131/3X00
.
However, for offshore wind turbine OEMs, Siemens Gamesa and MHI Vestas, a joint venture between Mitsubishi Heavy Industries and Vestas, are expected to continue to dominate the industry, with a cumulative share of more than 60%.
GE, which will bring its massive 12-megawatt Haliade-X wind turbine to market early in the next decade, must focus on commercializing its new turbines to grab market share
.
China's offshore wind market is dominated by domestic manufacturers, including Shanghai Electric, Goldwind, Mingyang Wind and Envision Energy
.
"We expect Vestas to maintain its market leadership in 2019, followed by Siemens Gamesa and GE Renewables," said Shashi Barla, principal analyst at Wood Mackenzie Power & Renewables.
”
"Chinese market leaders such as Goldwind and Envision Energy are also popular for their superior product performance and output strength, and are expected to increase their domestic market share in China to more than 50% during the forecast period," Barla added, "International expansion in Latin America, Africa and Asia Pacific will all be important markets
for the top five global OEMs.
”
for the top five global OEMs.
”
"European leaders Enercon and Nordex have seen significant order growth over the past 12 months, paving the way
for strong performance in Europe's core markets and outside of cost-optimised platforms in 2020/21.
However, both could face an uphill battle
when competing with their larger Western counterparts.
”
for strong performance in Europe's core markets and outside of cost-optimised platforms in 2020/21.
However, both could face an uphill battle
when competing with their larger Western counterparts.
”
Wood Mackenzie also said that market consolidation is starting to affect the Chinese market
.
The U.
S.
is expected to remain the world's largest single market
in the short term.
.
The U.
S.
is expected to remain the world's largest single market
in the short term.
"Siemens Gamesa is working to restore its prospects in the U.
S.
until the federal Renewable Electricity Production Tax Credit (PTC) fades, while NextEra and Invenergy are maintaining their historical preference for GE as turbine suppliers," Barla added, "Vestas has had success with utilities and IPPs in the U.
S.
and Europe, with a large number of turbines being shipped to MidAmerican, Xcel, EDF and Avangrid
。 ”
S.
until the federal Renewable Electricity Production Tax Credit (PTC) fades, while NextEra and Invenergy are maintaining their historical preference for GE as turbine suppliers," Barla added, "Vestas has had success with utilities and IPPs in the U.
S.
and Europe, with a large number of turbines being shipped to MidAmerican, Xcel, EDF and Avangrid
。 ”
"Vestas dominates the EMEA region due to geographical diversification and strong performance in emerging market tenders, while Siemens Gamesa is strengthening its regional presence
in European markets including Spain and Turkey, as well as emerging African markets including Egypt and Morocco.
Nordex has been relatively successful in Germany over the past 5 years, mainly thanks to their focus on low wind turbines N117/2400, N117/3X00 and N131/3X00
.
in European markets including Spain and Turkey, as well as emerging African markets including Egypt and Morocco.
Nordex has been relatively successful in Germany over the past 5 years, mainly thanks to their focus on low wind turbines N117/2400, N117/3X00 and N131/3X00
.
However, for offshore wind turbine OEMs, Siemens Gamesa and MHI Vestas, a joint venture between Mitsubishi Heavy Industries and Vestas, are expected to continue to dominate the industry, with a cumulative share of more than 60%.
GE, which will bring its massive 12-megawatt Haliade-X wind turbine to market early in the next decade, must focus on commercializing its new turbines to grab market share
.
GE, which will bring its massive 12-megawatt Haliade-X wind turbine to market early in the next decade, must focus on commercializing its new turbines to grab market share
.
China's offshore wind market is dominated by domestic manufacturers, including Shanghai Electric, Goldwind, Mingyang Wind and Envision Energy
.
.
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Disclaimer: Some of the public information collected by this website comes from the Internet, and the purpose of reprinting is to convey more information and for network sharing, which does not mean that this site agrees with its views and is responsible for its authenticity, nor does it constitute any other suggestions, and the content of the article is for reference
only.
If you find a work on the website that infringes your intellectual property rights, please contact us and we will promptly modify or delete
it.
only.
If you find a work on the website that infringes your intellectual property rights, please contact us and we will promptly modify or delete
it.
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Responsible editor: Wu Ying
Responsible editor: Wu Ying
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Previous: France and other eight EU countries have decided to phase out coal power by 2030
France and other eight EU countries have decided to phase out coal power by 2030Next: By 2050, renewable energy will account for a proportion of the global electricity mix
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