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Preliminary Data Indicates Change in Global Wind Turbine OEM Market Leader
By: Business Wire
Feb. 11, 2013 03:00 AM
BTM Consult, a leading forecaster and data source for the international wind industry, and part of Navigant’s Global Energy Practice, announced today its preliminary ranking for the top 5 turbine original equipment manufacturers (OEMs), due to be officially released in late March in the World Market Update 2012.
Preliminary results1, show GE Wind dominating the U.S. market, and replacing Vestas as the global market leader. Rankings and observations are subject to change based on continual data review and quality control checks conducted between now and the report release date, however, at this point in time, the following rankings have been assigned by BTM Consult:
1 Based upon information provided by the manufacturers themselves
Preliminary World Market Update 2012 Ranking Highlights† from 2012:
The 150+ page World Market Update 2012 will be BTM Consult’s eighteenth edition of this annual wind energy market report. The report will include more than 80 tables, charts and graphs illustrating global wind market development, as well as a wind market forecast for 2013 - 2017 and predictions for the wind market through 2022.
Additional highlights from 2012 include:
For more information about the upcoming World Market Update 2012, please contact:
About BTM Consult
Founded in 1986, Denmark‐based BTM Consult is a premier forecaster and data source for the international wind energy sector. Since 1996 BTM Consult has annually published the highly regarded International Wind Energy Development: World Market Update, in addition to several other recurring globally‐focused wind market reports, including its first release of the Offshore Wind Report in 2010. On December 20, 2010, BTM Consult became part of Navigant’s global Energy practice. Additional information about BTM Consult can be found at www.navigant.com/btm.
Navigant (NYSE: NCI) is a specialised, global expert services firm dedicated to assisting clients in creating and protecting value in the face of critical business risks and opportunities. Through senior level engagement with clients, Navigant professionals combine technical expertise in Disputes and Investigations, Economics, Financial Advisory and Management Consulting, with business pragmatism in the highly regulated Construction, Energy, Financial Services and Healthcare industries to support clients in addressing their most critical business needs. More information about Navigant can be found at www.navigant.com.
* The information contained in this press release concerning the report, “International Wind Energy Development – World Update 2012,” is preliminary and summarized, and reflects BTM Consult’s current expectations based on market data and trend analysis. BTM Consult’s market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the final report. Please refer to the full BTM Consult report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used by BTM Consult to create the report. Neither BTM Consult nor Navigant undertakes any obligation to update any of the information contained in this press release or the report.
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