First published in Cleantech magazine, Volume 6, Issue 2. Copyright Cleantech Investor Ltd

  • Vestas retains top slot in 2011, but its market share falls from 14.8% to 12.7%.

  • Sinovel loses market share but retains number two ranking.

  • Goldwind pushes GE out of the top three; GE’s market share falls from 9.6% to 7.7%.

  • Gamesa sees strong market share gains, controlling 8% of the global market, up from 6.6%.

  • Enercon, Siemens and Suzlon make steady gains in market share.

  • Guodian and MingYang see strong growth in market share terms.

Wind Turbine Manufacturers - Ranked by Global Market Share

Turbine Manufacturer Market Share 2011 (2010) - % Comment


 12.7 (14.8) Despite a tough year and disappointing financial results, Denmark's Vestas held on to its position as the world's leading wind turbine manufacturer in 2011, maintaining the lead over challenger for the Number 1 slot, China's Sinovel. 


9.0 (11.1) China's Sinovel overtook GE of the US in second place in 2010 and retained the number two slot in 2011 - while the US company fell down the ranks to number 6 position, having slipped to number 3 in 2010.


 8.7 (9.5) China's Goldwind moved ahead to take the number 3 slot in 2001, following the lead of fellow Chinese company, Sinovel - and consolidating the position of the Chinese in the global market.


 8.0 (6.6) Spanish manufacturer, Gamesa, moved up the ranks in 2011, to  rank number 4. Gamesa was number 3 in the world back in 2008, but had slipped down the ranking until 2011's recovery.


7.8 (7.2) Germany's Enercon (which operates in the fast growing Brazilian market, which it was one of the first to enter, as Wobben Windpower) has been a steady performer and held on to its number 5 place in 2011. 


7.7 (9.6) GE's market share has suffered from the tough market conditions in the US, with the group falling down the ranks to number 6 position from 3 in 2010 and 2 in 2008 and 2009.


7.6 (6.9) India's Suzlon ranked number 7 in 2011. Suzlon has been ranked between 6 and 8 for four years. China's Dongfang had appeared at 7 in 2009 and 2010, but slipped out of the top 10 in 2011.

Guodian United Power

 7.4 (4.2) Guodian United Power, of China, first appeared in the top 10 list in 2010, at number 10 and in 2011 moved up to number 8, ranking as the number 3 Chinese manufacturer in 2011.


6.3 (5.9) German's Siemens had fallen from number 5 in the world to number 9 in 2009. It has retained the number 9 position for three years now - but has failed to deliver on its ambitions to rise up the ranks again.

MingYang Wind Power

3.6 (n.a.) China's MingYang Wind Power made a first appearance in the top ten list in 2011, at number 10. German firms Nordex and Repower, which respectively held this slot in 2008 and 2009 have not reappeared in the top 10.
Sources: Cleantech Investor, IHS Emerging Energy; BTM Consult; MAKE



Risk Warning

RISK WARNING Investments listed on the Cleantech Investor Platform (provided by Envestors Limited which is authorised and regulated by the Financial Conduct Authority (FCA) in the United Kingdom) carry risks as well as potential rewards. Please read the risk warning and disclaimer before investing.



Search Editorial