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Vestas Wind Systems A/S

551 bytes added, 20:09, 10 May 2011
/* Market Share */
===Market Share===
 
The following graph shows the market share of Vestas from 2004 to 2010
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[[Image:Vestas4Market Position1.jpg|600px|center|thumb|500 px]]
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* Market Share of Vestas Wind Systems for 3 years from different sources<br>{|border="2" cellspacing="0" cellpadding="4" width="40%" align="center"|align = "center" bgcolor = "#C5D9F1"|'''Source'''|align = "center" bgcolor = "#C5D9F1"|'''2010'''|align = "center" bgcolor = "#C5D9F1"|'''2009'''|align = "center" bgcolor = "#C5D9F1"|'''2008'''|-|'''BTM Consult'''|align = "center"|14.8%|align = "center"|12.5%|align = "center"|19%|-|'''Make Consulting'''|align = "center"|12%|align = "center"|14.5%|align = "center"|19%|-|}<br><br> '''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.
* The German market, being one of the core countries in Vestas strategy, is showing signs of saturation.
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'''Source: BTM Consult, Make Consulting, Analyst Reports'''
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