==Market Overview==
===Market Share===
The following graph shows the market share of Vestas from 2004 to 2010
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[[Image:Vestas4.jpg|center|thumb|500 px|Source: [http://pure.au.dk/portal-asb-student/files/7890/221967.pdf Vestas Company Report], [http://www.ekopolitan.com/tech/wind-global-market-shares-2010 Ekopolitan]]]
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Reasons for decrease in market share:
* Emerging competitors in the wind energy space.
* Stiff competition for Vestas in China – Sinovel (21,9%), Goldwind (17,7%), and Dongfang (16,4%) - which are all of Chinese origin. China‘s main three suppliers hold about 60% stake in the home market.
* GE is providing a stiff competition in the american market.
* The German market, being one of the core countries in Vestas strategy, is showing signs of saturation.
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===Track record by Turbine Type===