According to a recent forecast by Renewables Now, Vestas is expected to lead the onshore wind market, while Siemens Gamesa is predicted to dominate the offshore wind sector by 2035. The report highlights the growing demand for renewable energy and the increasing competition among wind turbine manufacturers.
Vestas, a Danish company, is currently the world’s largest wind turbine manufacturer, and it is expected to maintain its position in the onshore wind market. The company has a strong presence in Europe, North America, and Asia, and it has been investing heavily in research and development to improve the efficiency and reliability of its turbines.
Siemens Gamesa, a Spanish-German company, is expected to lead the offshore wind market by 2035. The company has a strong track record in the offshore sector, with a significant presence in Europe and Asia. Siemens Gamesa has been investing heavily in the development of larger, more efficient turbines, which are better suited to the harsh conditions found in offshore environments.
The forecast also highlights the growing importance of the offshore wind market, which is expected to drive growth in the wind industry over the next decade. Offshore wind farms have several advantages over onshore farms, including stronger and more consistent winds, which can lead to higher energy production. Additionally, offshore farms can be located closer to population centers, reducing the need for long transmission lines and minimizing visual impacts.
The report also notes that other companies, such as General Electric and Nordex, are also expected to play important roles in the wind market by 2035. However, Vestas and Siemens Gamesa are expected to remain the dominant players, driven by their strong technological capabilities, global presence, and experience in the sector.
Overall, the forecast suggests that the wind industry is poised for significant growth over the next decade, driven by increasing demand for renewable energy and advances in technology. As the industry continues to evolve, it is likely that Vestas and Siemens Gamesa will remain at the forefront, driving innovation and growth in the onshore and offshore wind markets.