Click to Request Access

FTI Intelligence released its preliminary findings of the world’s top five wind turbine original equipment manufacturers (OEMs). These rankings are to be published in the Global Wind Market Update – Demand & Supply 2015 report, which will be officially released in March 2016. The Global Wind Market Update – Demand & Supply 2015 report examines the evolution of the global wind market in 2015 and addresses key market and technology trends as well as policy updates. It also forecasts global demand trends through 2025.

Chinese manufacturer, Goldwind, became the world’s largest supplier of wind turbines in 2015 for the first time, displacing long-term number one supplier Vestas, according to preliminary findings from FTI Intelligence. According to the findings, Vestas is placed second, while US supplier GE raises one position to third place, partly driven by its acquisition of Alstom. Germany’s Siemens falls two positions to fourth place, and Spain’s Gamesa raises three positions to secure fifth place.

Goldwind’s rise to the top of the rankings of wind turbine OEMs reflects the extraordinary growth seen in the Chinese wind market in 2015, with over 30GW of installations. Total global installations in 2015 were over 63GW, according to FTI Intelligence.

Among other highlights, FTI Intelligence notes that five Chinese companies are in the top 10, with rising star CSIC Haizhuang moving into the top 10 for the first time. Long standing top 10 supplier Suzlon dropped out of the top ten due to the sale of its subsidiary Senvion to Centerbridge Partners in January 2015.

Back to Research