Siemens Gamesa and MHI Vestas control the global offshore wind turbine original equipment manufacturer (OEM) sector with more than 60% cumulative share expected by 2023, according to recent research from Wood Mackenzie Power & Renewables.
In order to win market share from competitors, GE must focus on commercialising the Haliade-X 12MW-220 wind turbine in forthcoming auctions, Wood Mackenzie said.
Within the Chinese offshore sector, the top four offshore turbine OEMs – SEwind, Goldwind, MingYang, and Envision – command more than 90% of the market, leaving just under 10% for other turbine OEMs.
With a strong regional presence in Guangdong – the largest offshore province in China and responsible for successful positioning of the 5.XMW platform – MingYang now resides among the leading turbine OEMs, according to the research.
“GE’s 3 Haliade 150 turbines became operational in Fujian, China in 2018 and the company’s plans to set up a manufacturing facility in Jieyang, Guangdong indicate serious intentions in a market dominated by domestic OEMs,” Wood Mackenzie Power & Renewables principal analyst, Shashi Barla , said.
“Goldwind remains the China’s undisputed leader due to track record, product reliability and supply chain dependability. However, Envision emerged as a shining star in the Chinese OEM competitive landscape thanks to a focus on low wind and ultra-low wind speed segments.”
Wood Mackenzie Power & Renewables expects consolidation to creep into the Chinese market, as Tier II/III Chinese OEMs begin to lose ground in competitive auctions. A similar process has occurred among the western turbine OEMs during the last four years.