Navigant ranks Vestas, GE, Siemens, Gamesa as top wind power firms

Vestas Wind Turbines

According to a new report from Navigant Research, Vestas, GE Energy, Siemens and Gamesa are the leading wind turbine manufacturers in terms of strategy and execution.

The global wind power market is one of the fastest-growing energy markets in the world, and a rapid scale-up of wind turbine technology over the past decade has resulted in more efficient machines and a sophisticated, large-scale supply chain.

In this increasingly competitive space, today’s wind turbine OEMs must constantly work to meet and exceed expectations in a range of criteria.

“Wind turbine manufacturers are primarily ranked in terms of total megawatts installed in a given year, but a more interesting story looks at differences in strategy and execution, product offerings, geographic diversification, and a mix of qualitative factors at play in this competitive and dynamic marketplace,” says Jesse Broehl, senior research analyst with Navigant Research. “Today’s top-tier vendors are excelling by showing brisk activity throughout many global markets and have an exceptional command of manufacturing, supply chain, and business relationships.”

Trailing the top-tier vendors are a number of strong contenders that, while proven, successful, and well-respected, may have smaller global business footprints and narrower product offerings, according to the report.

Ranked behind these companies are a few large and capable Chinese wind turbine vendors that rely predominantly on their domestic market but show mixed or limited success in other international markets.

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