It is interesting to see that the wind energy market has been continuously larger and reached its peak in 2012 with a record 48.4 GW of new global electricity production. Especially The United States showed the successful result with the expected lapse of significant wind subsidies, which resulted in a rush towards wind farm development.
General Electric as shown on the chart, who ended the year as a leading wind turbine manufacturer in the world with 15.5% of the global market share, ahead of Vestas in Denmark with 14%. The next biggest manufacturer is Simens in Germany rounding off the top three with 9.5% of the market share.
The global wind power capacity has reached 283 GW. Market consolidation resulted in a Chinese slowdown while the US showed a significant growth, thanks to the subsidy. Germany, India and the UK also increased their market shares in the turbine construction.