A recent study points to dramatic changes sweeping through the wind energy market.
Vestas' 42 percent share has fallen to 19 percent, says weRSCH.
Vestas Wind Systems of Denmark remains the top wind turbine vendor in the market. But its dominant 42 percent share as of 2001 is now 19 percent. And it is losing share at about 5 percent a month, according to a report from, weSRCH, a division of VLSI Research.
Number two General Electric is coming on strong and is close to passing Vestas in share, says weSRCH.
More stunning is the rise of Chinese vendors, several of which are among the top share gainers. As a group Chinese suppliers gained 3.6 percent market share while suppliers from Europe lost 2.4 percent and those in the U.S. lost 2.1 percent.
Other top market players include Spain’s Acciona and Siemens.
[...] it for you to enjoy the English (how good’s our Chinese, after all?) but to illustrate this otherwise rather dry news item that wind energy manufacturers in Europe – and, in the first place, that means Vestas – [...]