Worldwide Wind Turbine Competitive Analysis and Leadership Study 2010, May 2011

May 2011 | 132 pages | ID: W2AE297D14FEN
Lucintel

Abstracts

Background:

The business of generating electricity from wind is growing and is set to expand as the US, China, and the rest of the world look for cleaner, more sustainable ways to generate electricity.

Lucintel believes that volatility in fossil fuel costs, coupled with the environmental problems and incentives in different countries for developing wind energy, could be positive factors, driving increased acceptance of environmentally friendly technologies such as wind.

In a new research report, “Worldwide Wind Competitive Analysis and Leadership Study 2010,” Lucintel's analysts examine and profile nine of the world's leading wind turbine manufacturers. The report offers a full competitive analysis of target markets, product mapping, and production capabilities.

Lucintel also provides its own scorecard of those companies that are better aligned with future market opportunities and have the capability to gain additional market share. Collected from a series of primary interviews and secondary sources, this report provides complete profiles of the following companies:

• Vestas
• GE
• Suzlon
• Sinovel
• Enercon
• Gamesa
• Goldwind
• Siemens
• Dongfang Electric

Lucintel’s Leadership Quadrant considered a variety of critical factors—from management effectiveness to range of products, and from research and development investment to the quality of the firm's balance sheet assets—and then ranked each firm accordingly on a grid for quick comparison. In the current wind turbine competitive landscape, Vestas, the largest wind turbine producer in the world, clearly stood out as a leading performer. Vestas has the broadest market coverage in terms of both breadth of its product line, as well as its geographic presence in terms of market share, plant sites, and sales resources.

Lucintel’s analysis found that those companies which possess a strong product portfolio and global geographic reach—especially presence in growing markets such as China, the US, India, and Brazil—stand to gain market share in the future.

Features of This Report:

To make business, investment, or strategic decisions, you need timely and adequate information. This market report fulfills this core need and is an indispensable reference guide for the project developers, Utilities companies, product manufacturer, investors, executives, distributors and many more.

In Lucintel’s newest competitive research study on the world’s leading producers, “Worldwide Wind Turbine Competitive Analysis and Leadership Study 2010”, we thoroughly profile the Nine Leaders with detailed competitive assessments.

The detailed analysis of each company offers a critical view into key strategic areas, including:

• Wind turbine producer target markets
• Key differentiators, strengths, competitors
• Product line overview, positioning, and mapping
• Market position in global wind turbine business
• Revenue breakdown by regions
• Global manufacturing operations
• Innovation and market leadership
• Marketing, sales, and organizational capabilities
• Management commitment and track record
• Financial strength

Contents

1. COMPETITIVE AND LEADERSHIP ANALYSIS

1.1 Introduction
1.2 Competitive analysis
  1.2.1 Product mapping: breadth of product offerings
  1.2.2 Industry leaders in terms of market share
1.3 Financial strength
1.4 Regional analysis
1.5 Leadership quadrant analysis
  1.5.1 Leaders quadrant (top right)
  1.5.2 Challengers quadrant (bottom right)
  1.5.3 Visionaries (top left)
  1.5.4 Niche players (lower left)

2. VESTAS. PROFILE

2.1 Company overview
  2.1.1 Vestas company description and business segments
  2.1.2 Vestas statistics
2.2 Wind business overview
  2.2.1 Wind business segment
  2.2.2 Key differentiators and strengths
  2.2.3 Key wind turbine competitors
  2.2.4 Key strategy for different growth markets
2.3 Products and product positioning
  2.3.1 Product line overview
  2.3.2 Wind turbine product mapping
2.4 Markets and market positioning
  2.4.1 Market position in the global wind turbine business
  2.4.2 Revenue breakdown by region
2.5 Production
  2.5.1 Vestas global manufacturing operations
2.6 Innovation and market leadership
2.7 Marketing, sales, and organizational capabilities
  2.7.1 Marketing and sales
  2.7.2 Management commitment and track record
2.8 Financial strength

3. GE PROFILE

3.1 Company overview
  3.1.1 GE description and business segments
  3.1.2 GE industries inc. statistics
3.2 Wind turbine business overview
  3.2.1 Wind turbine business segment
  3.2.2 Key differentiators and strengths
  3.2.3 Key wind turbine competitor
  3.2.4 Key strategy for different growth markets
3.3 Products and product positioning
  3.3.1 Product line overview
  3.3.2 Wind turbine mapping
3.4 Markets and market positioning
  3.4.1 Market position in global wind turbine business
  3.4.2 Revenue breakdown by regions
3.5 Production
  3.5.1 GE global manufacturing operations
3.6 Innovation and market leadership
3.7 Marketing, sales and organizational capabilities
  3.7.1 Marketing and sales
  3.7.2 Management commitment and track record
3.8 Financial strength

4. GAMESA PROFILE

4.1 Company overview
  4.1.1 Gamesa company description and business segments
  4.1.2 Gamesa company statistics
4.2 Wind turbine business overview
  4.2.1 Wind turbine business segment
  4.2.2 Key differentiators and strengths
  4.2.3 Key wind turbine competitors
  4.2.4 Key strategy for different growth markets
4.3 Products and product positioning
  4.3.1 Product line overview
  4.3.2 Wind turbine product mapping
4.4 Markets and market positioning
  4.4.1 Market position in global wind turbine business
  4.4.2 Revenue breakdown by regions
4.5 Production
  4.5.1 Gamesa global manufacturing operations
4.6 Innovation and market leadership
4.7 Marketing, sales and organizational capabilities
  4.7.1 Marketing and sales
  4.7.2 Management commitment and track record
4.8 Financial strength

5. SUZLON AG PROFILE

5.1 Company overview
  5.1.1 Suzlon company description and business segments
  5.1.2 Suzlon company statistics
5.2 Wind business overview
  5.2.1 Wind turbine business segment
  5.2.2 Key differentiators and strengths
  5.2.3 Key wind turbine competitors
  5.2.4 Key strategy for different growth markets
5.3 Products and product positioning
  5.3.1 Product line overview
  5.3.2 Wind turbine product mapping
5.4 Markets and market positioning
  5.4.1 Market position in global wind turbine business
  5.4.2 Revenue breakdown by regions
5.5 Production
5.6 Innovation and market leadership
5.7 Marketing, sales and organizational capabilities
  5.7.1 Marketing and sales
  5.7.1 Management commitment and track record
5.8 Financial strength

6. SINOVEL PROFILE

6.1 Company overview
  6.1.1 Sinovel company description and business segments
  6.1.2 Sinovel company statistics
6.2 Wind turbine business overview
  6.2.1 Wind turbine business segment
  6.2.2 Key differentiators and strengths
  6.2.3 Key wind turbine competitors
  6.2.4 Key strategy for different growth markets
6.3 Products and product positioning
  6.3.1 Product line overview
  6.3.2 Wind turbine product mapping
6.4 Markets and market positioning
  6.4.1 Market position in the global wind turbine business
  6.4.2 Revenue breakdown by regions
6.5 Production
  6.5.1 Sinovel global manufacturing operations
6.6 Innovation and market leadership
6.7 Marketing, sales and organizational capabilities
  6.7.1 Marketing and sales
  6.7.2 Management commitment and track record
6.8 Financial strength

7. XINJIANG GOLDWIND SCIENCE & TECHNOLOGY CO. LTD. PROFILE

7.1 Company overview
  7.1.1 Xinjiang Goldwind Science & Technology co. Ltd. company description and business segments
  7.1.2 Xinjiang Goldwind Science & Technology co. Ltd. company statistics
7.2 Wind turbine business overview
  7.2.1 Wind turbine business segment
  7.2.2 Key differentiators and strengths
  7.2.3 Key wind turbine competitors
  7.2.4 Key strategy for different growth markets
7.3 Products and product positioning
  7.3.1 Product line overview
  7.3.2 Wind turbine product mapping
7.4 Markets and market positioning
  7.4.1 Market position in global wind turbine business
  7.4.2 Revenue breakdown by regions
7.5 Production
  7.5.1 Xinjiang Goldwind science & technology co. global manufacturing operations
7.6 Innovation and market leadership
7.7. Marketing, sales and organizational capabilities
  7.7.1 Marketing and sales
  7.7.2 Management commitment and track record
7.7 Financial strength

8. ENERCON GMBH PROFILE

8.1 Company overview
  8.1.1 Enercon Gmbh description and business segments
  8.1.2 Enercon Gmbh statistics
8.2 Wind turbine business overview
  8.2.1 Wind turbine business segment
  8.2.2 Key differentiators and strengths
  8.2.3 Key wind turbine competitor
  8.2.4 Key strategy for different growth markets
8.3 Products and product positioning
  8.3.1 Product line overview
  8.3.2 Wind turbine product mapping
8.4 Markets and market positioning
  8.4.1 Market position in global wind turbine business
  8.4.2 Revenue breakdown by regions
8.5 Production
  8.5.1 Enercon Gmbh global manufacturing operations
8.6 Innovation and market Leadership
8.7 Marketing, sales and organizational capabilities
  8.7.1 Marketing and sales
  8.7.2 Management commitment and track record
8.8 Financial strength

9. SIEMEN’S PROFILE

9.1 Company overview
  9.1.1 Siemens description and business segments
  9.1.2 Siemens Inc. statistics
9.2 Wind turbine business overview
  9.2.1 Wind turbine business segment
  9.2.2 Key differentiators and strengths
  9.2.3 Key wind turbine competitor
  9.2.4 Key strategy for different growth markets
9.3 Products and product positioning
  9.3.1 Product line overview
  9.3.2 Wind turbine mapping
9.4 Markets and market positioning
  9.4.1 Market position in global wind turbine business
  9.4.2 Revenue breakdown by regions
9.5 Production
  9.5.1 Siemens global manufacturing operations
9.6 Innovation and market leadership
9.7 Marketing, sales and organizational capabilities
  9.7.1 Marketing and sales
  9.7.2 Management commitment and track record
9.8 Financial strength

10. DONGFANG ELECTRIC PROFILE

10.1 Company overview
  10.1.1 Dongfang electric company description and business segments
  10.1.2 Dongfang electric company statistics
10.2 Wind turbine business overview
  10.2.1 Wind turbine business segment
  10.2.2 Key differentiators and strengths
  10.2.3 Key wind turbine competitors
  10.2.4 Key strategy for different growth markets
10.3 Products and product positioning
  10.3.1 Product line overview and product mapping
10.4 Markets and market positioning
  10.4.1 Market position in global wind turbine business
  10.4.2 Revenue breakdown by regions
10.5 Production
  10.5.1 Dongfang electric global, manufacturing operations
10.6 Innovation and market leadership
10.7 Marketing, sales, and organizational capabilities
  10.7.1 Marketing and sales
  10.7.2 Management commitment and track record
10.8 Financial strength

11. EMERGING TREND IN GLOBAL WIND ENERGY MARKET

List Of Figures

LIST OF FIGURES

1. Competitive and Leadership Analysis
Figure 1.1: Industry-wide wind turbine product map based on turbine size, wind class and shore type
Figure 1.2: Industry-wide wind turbine product efficiency
Figure 1.3: Wind turbine manufacturers' market share globally in 2010 in MW
Figure 1.4: Wind turbine manufacturers' market share globally in 2010 in value ($ M)
Figure 1.5: Capacity trend for major wind turbine suppliers
Figure 1.6: Change in wind turbine manufacturers' market share globally from 2009 to 2010
Figure 1.7: Revenue trend for major wind turbine suppliers
Figure 1.8: Net income trend for major wind turbine suppliers
Figure 1.9: Financial analysis for major wind turbine suppliers
Figure 1.10: Global wind turbine cost trend for major wind turbine suppliers
Figure 1.11: Regional distribution of wind turbine manufacturers' in 2010 in terms of MW
Figure 1.12: Regional distribution of wind turbine manufacturers' in 2010 in $ M
Figure 1.13: Wind turbine manufacturers' market share in North America in 2010 in terms of MW
Figure 1.14: Wind turbine manufacturers' market share in North America in 2010 in $ M
Figure 1.15: Wind turbine cost trend in North America
Figure 1.16: Wind turbine manufacturers' market share in Europe in 2010
Figure 1.17: Wind turbine manufacturers' market share in Europe in 2010 in $ M
Figure 1.18: Wind turbine cost trend in Europe
Figure 1.19: Wind turbine manufacturers' market share in Asia and Others in 2010 in terms on MW
Figure 1.20: Wind turbine manufacturers' market share in Asia and Others in 2010 in $ M
Figure 1.21: Wind turbine cost trend in China
Figure 1.22: Wind turbine manufacturers' market share in different regions
Figure 1.23: Average wind turbine size trend in different regions
Figure 1.23: Wind turbine manufacturers' manufacturing plant in North America
Figure 1.24: Wind turbine manufacturers' manufacturing plant in Europe
Figure 1.25: Wind turbine manufacturers' manufacturing plant in Rest of World
Figure 1.26: Market coverage for wind turbine leaders
Figure 1.27: Relative positions of each wind turbine manufacturer in four quadrants

2. Vestas Profile
Figure 2.1: Vestas product line based on turbine size, wind class and shore type
Figure 2.2: Vestas 2010 wind turbine revenue by region
Figure 2.3: Vestas 2010 wind turbine market share by region in terms of revenue
Figure 2.4: Vestas 2010 wind turbine MW sold by product line
Figure 2.5: Vestas wind turbine manufacturing locations

3. GE Profile
Figure 3.1: GE product line based on turbine size, wind class and shore type
Figure 3.2: GE’s wind turbine sales by regions in 2010
Figure 3.3: GE’s wind turbine market share by regions in 2010 in terms of revenue
Figure 3.4: GE wind turbine manufacturing locations

4. Gamesa Profile
Figure 4.1: Gamesa product line based on turbine size, wind class and shore type
Figure 4.2: Gamesa wind turbine sales by regions in 2010
Figure 4.3: Gamesa wind turbine market shares by region in 2010 in terms of revenue
Figure 4.4: Gamesa wind turbine manufacturing locations

5. Suzlon Profile
Figure 5.1: Suzlon product line based on turbine size, wind class and shore type
Figure 5.2: Suzlon wind turbine sales by regions in 2010
Figure 5.3: Suzlon 2010 wind turbine market share by region in term of revenue
Figure 5.4: Suzlon wind turbine manufacturing locations

6. Sinovel Profile
Figure 6.1: Sinovel product line based on turbine size, wind class and shore type
Figure 6.2: Sinovel wind turbine sales by regions in 2010
Figure 6.3: Sinovel 2010 wind turbine market share by region in terms of revenue
Figure 6.4: Sinovel wind turbine manufacturing locations

7. Xinjiang Goldwind Science & Technology Co. Profile
Figure 7.1: Xinjiang Goldwind Science & Technology Co. Product line based on turbine size, wind class and shore type
Figure 7.2: Xinjiang Goldwind Science & Technology Co. 2010 wind turbine revenue by region
Figure 7.3: Xinjiang Goldwind Science & Technology Co. 2010 wind turbine market share by region in terms of revenue
Figure 7.4: Xinjiang Goldwind Science & Technology Co. wind turbine manufacturing locations

8. Enercon Gmbh. Profile
Figure 8.1: Enercon Gmbh wind turbine product line by turbine size, wind class and shore type
Figure 8.2: Enercon Gmbh wind turbine sales by regions in 2010
Figure 8.3: Enercon Gmbh wind turbine market share by regions in 2010 in terms of revenue
Figure 8.4: Enercon Gmbh wind turbine manufacturing

9. Siemens Profile
Figure 9.1: Siemens product line based on turbine size, wind class and shore type
Figure 9.2: Siemens wind turbine sales by regions in 2010
Figure 9.3: Siemens’s wind turbine market share by regions in 2010 in terms of revenue
Figure 9.4: Siemens wind turbine manufacturing locations

10. Dongfang Electric Corporation Profile
Figure 10.1: Dongfang electric product line based on turbine size, wind class and shore type
Figure 10.2: Dongfang electric wind turbine sales by regions in 2010
Figure 10.3: Dongfang electric wind turbine market share by regions in 2010 in terms of revenue
Figure 10.4: Dongfang electric wind turbine manufacturing locations

11. Emerging Trend in Global Wind Energy Market
Figure 11.1: Emerging trends in wind energy market

List Of Tables

LIST OF TABLES

Table 1.1: Rankings of suppliers based on wind turbine installations
Table 1.2: Ranking of wind turbine suppliers based on parent company revenue in 2010
Table 1.3: Ranking of leaders in North America, Europe and Asia.
Table 1.4: Wind turbine leaders’ manufacturing sites
Table.1.5: Major parameters for Lucintel’s leadership quadrant analysis
Table 2.1: Vestas revenues and operating income trends
Table 3.1: GE revenues and net income (loss) trends
Table 4.1: Gamesa revenues and net income (loss) trends
Table 5.1: Suzlon revenues and net income (loss) trends
Table 6.1: Sinovel revenues and net Income (loss) trends
Table 7.1: Xinjiang Goldwind Science & Technology Co. revenues and net income (loss) trends
Table 8.1: Enercon Gmbh revenues and net income (loss) trends
Table 9.1: Siemens revenues and net income (loss) trends
Table 10.1: Dongfang electric revenues and net income (Loss) trends