EnergyWatch

Vestas reaches historic global market share

The largest wind turbine manufacturer is tightening its grip on the global market before an onslaught that will see expansion increase by 15 GW, concludes an analysis.

Photo: Frank Boutrup Schmidt/Vestas

Vestas emerged from 2018 as the undisputed leader in wind turbine manufacturing with a 22.2 percent share of the global market, according to figures from Bloomberg New Energy Finance.

This marks the third year in a row that Vestas has topped the analyst firm's ranking of turbine manufacturers. However, the previous year brought the company one sixth of the global market, rather than the current four-and-a-half. Vestas' dominance has held since 2007, when the Danish manufacturer sat at approximately a third of the current share.

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