New report confirms Vestas as clear market leader in 2013

The 2013 market share report from independent consulting group MAKE confirms Vestas as the clear market leader.  According to MAKE’s figures, Vestas installations in 2013 were 28% more than our closest competitor.

Vestas installed turbines in 31 countries last year.  According to Vestas’ own figures, our largest market for installations in 2013 was Germany, followed by China, Canada, and Brazil.  Vestas’ largest market for sales in 2013 was the United States, followed by Germany, Canada, and Sweden.

CEO Anders Runevad says, “Vestas has been through a tough two-year turnaround process to return to profitability That we simultaneously achieved our financial goals in 2013 and solidified our market leadership is a testament to the strength of the company.”

Runevad continues, “Installing projects in 31 markets and signing firm orders in 37 underlines our status as a truly global turbine supplier, enabling Vestas to better balance the inevitable ups and downs in individual markets from year-to-year.”