Vestas, GE, Siemens, Gamesa lead in Navigant Leaderboard

Wind_Turbines_Vestas

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.

Rajani Baburajan

editor@greentechlead.com