Vestas, GE Energy, Siemens, and Gamesa are the leading wind turbine manufacturers in terms of strategy and execution, says a new Leaderboard report from Navigant Research.
The report examines the strategy and execution of 12 original equipment manufacturers (OEMs) active in the wind turbine market .
“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,” Broehl said.
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 very capable Chinese wind turbine vendors that rely predominantly on their domestic market but show mixed or limited success in other international markets, the research agency said.