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Cambridge, Mass.-based Emerging Energy Research's annual Wind Turbine Market Share Update reveals a 2008 global turbine market in which high demand and supply chain backlogs offered plenty of room for all. Established companies averaged installation growth of more than 50%, while several newer players saw installations jump by 100% or more.

Although new competitors such as Sinovel, Dongfang and Clipper made modest inroads into the leaders' market share, the turbine market remains dominated by Vestas, GE, Gamesa, Enercon, Suzlon, and Siemens, which, as a group, accounted for 70% of last year's installations.

Turbine manufacturers installed almost 11 GW more in 2008 than in 2007 - totaling nearly 30 GW of energy activated during the year - almost double the volume in 2006, with the U.S. and China accounting for 48% of that amount.
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With more than 15 turbine vendors vying to take business from the big six, players with diversified order books are best positioned to grow in 2009, as the slowdown will be felt most acutely in the U.S. - a market that weighs heavily in the order books of the major vendors.

China remains less impacted by the recession; steady performance can be expected from China's growing number of local turbine suppliers, as well as global players such as Vestas, Nordex and Gamesa, with an existing foothold in that market.

SOURCE: Emerging Energy Research


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