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WoodMac: Siemens Gamesa advances this year

Vestas will retain its market leader status in 2019, and the top five OEMs will sit upon two-thirds of the global market in 2020, writes Wood Mackenzie in a new report.

Photo: Siemens Gamesa

As of last year, Vestas held the largest market share for more than a decade. With 22 percent of the global order intake and equipment deliveries at roughly the same proportion, the Danish wind turbine manufacturer was well ahead of the competition.

Whether or not Vestas can retain its market supremacy this year remains unclear. However, Wood Mackenzie can say with some confidence that the Danish company will remain the largest manufacturer measured in deliveries, the firm reports in its biannual prognosis, Global wind turbine OEM marked share forecasts H1 2019.

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