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Western wind turbine manufacturers are gearing up for more M&A activity as the challenge of Chinese competitors continues. The global wind industry enjoyed a second consecutive record breaking year, as companies installed 63GW of new capacity, compared to 51.5GW in 2014. China led the way with 30.04GW, almost half the total, and Chinese companies take eight out of the top 15 places in FTI Intelligence’s ranking of the wind turbine OEMs. Chinese manufacturer Goldwind became the world’s largest supplier of turbines, replacing historic market leader Vestas.

Key findings of Global Wind Market Update – Demand & Supply 2015

  • Detailed rankings for turbine OEMs.
  • Detailed wind farm owner-operators and trends of wind project ownership.
  • Forecasts for the wind market from 2016 through 2025 including tailor-made country profiles for established and emerging markets.
  • Evaluations of technology segmentation and technology trends.

The Global Wind Market Update – Demand & Supply 2015 report will be released as four parts starting with Supply Side Analysis 2015, followed by Demand Side Analysis 2015, Project Owner-Operators and Technology Overview.

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