In 2017, 47GW of new onshore wind power was added globally, and Vestas ranked first in a row

According to the latest data from Bloomberg New Energy Finance, new onshore wind power fell by 12% in 2017, partly due to China's economic slowdown
.
However, global onshore wind is expected to grow by 17% to 55GW
in 2018.

According to the report, in 2017, the global commissioning volume of onshore wind turbines was close to 47GW, of which the four major wind turbine manufacturers accounted for 53% of the global total, namely Denmark's Vestas, Spain's Siemens Gamesa, China's Goldwind Technology and the United States' General Electric
.

Vestas ranked first in 2016 and remained at the top of the list last year, deploying 7.
7GW of onshore wind turbines, equivalent to 16% of the global market share
.
It is followed by Siemens Gamesa, which was formed in 2016 by the merger of German engineering giant Siemens and Spanish turbine engine manufacturer Gamesa, which deployed 6.
8GW of onshore wind turbines in 2017, with a global market share of 15%.

In addition, China Goldwind and General Electric deployed 5.
4GW and 4.
9GW respectively, equivalent to 11% and 10% of the global market share
.

Tom Harris, senior wind analyst at BNEF and lead author of the Global Wind Turbine Market Share report, said: "In 2017, GE distanced itself from Germany's Enercon, the fifth-place wind turbine manufacturer, which deployed 3.
1GW.

”

In 2017, six other turbine manufacturers from Europe and China produced between
1GW and 3GW.

But when it comes to offshore wind, the picture is very different, with Siemens Gamesa continuing to be the world's largest supplier with 2.
7GW already invested, while others such as China's Shanghai Electric Wind Equipment Company, Germany's MHI Vestas and Germany's Senvion have all reached 500MW.

In 2017, there were some notable differences
between manufacturers in terms of regional footprints.
For example, more than 90% of Goldwind's turbines are in production in China, while almost all of Enercon's turbines are in Europe
.
GE is much stronger in the Americas than in other regions, while Vestas and Siemens Gamesa have significant market shares
in Europe, the Middle East and Africa, the Americas, and Asia-Oceania.

Overall, onshore wind turbine capacity commissioned in 2017 fell by 12%
from 53.
1GW in 2016.
Bloomberg New Energy Finance attributed this in part to a slowdown in China, and predicted that the Chinese market would resume growth in 2018, while Latin America continued to expand, and global onshore wind power is expected to rebound to 55GW
in 2018.

Albert Cheung, Head of Analytics at BNEF, commented: "Over the past few years we have seen a wave of mergers and acquisitions in the wind turbine manufacturing industry, including the Siemens acquisition of the Gamesa deal and Nordex's acquisition of Acciona Windpower
.
With a large number of smaller market players outside of the Big Four, it would come as no surprise
to see further consolidation.
”