In 2023, China dominated the global wind capacity, accounting for 65%, propelling four Chinese wind turbine original equipment manufacturers (OEMs) into the top five global rankings.
Goldwind retained its leading position for the second consecutive year with a record 16.3GW capacity installed, according to the latest analysis from Wood Mackenzie. Envision closely followed with 14.1 GW, while Vestas secured third place with 11.5 GW, standing as the sole western OEM in the global top five. Windey and MingYang took the fourth and fifth spots, installing 10.1 GW and 9.9 GW, respectively. The market remained consolidated, with the top five OEMs holding 54% of the global wind market share.
Beyond China, Vestas maintained its position as the market leader for the sixth consecutive year, installing over 10 GW. Siemens Gamesa (SGRE) surpassed General Electric (GE) for the second position, capitalising on offshore success with 9.7 GW installed, while GE installed 7.2 GW globally, primarily supported by the US onshore market. Nordex secured the fourth place with 6.4 GW, followed by Enercon at fifth place with 2.4 GW. Overall, the top five western OEMs represented 93% of the global volumes outside of China.