The newest industry figures for 2014 from the Danish Wind Industry Association are now out, showing headway on all measurable parameters. The industry upturn marks the final goodbye to the challenging times and conditions brought on by the global financial crisis that hit the industry in 2008-2009.

- It's a record! 39% of Denmark's electricity consumption covered by wind in 2014

“The figures are very impressive, and there is no doubt that this points to the end of the crisis for the majority of the companies in the Danish wind industry. The results are an indication of the hard work that has taken place across the industry. It stresses the ability of the industry to take on an increasingly big part of the global wind energy market in 2014 and the previous years,” says Jan Hylleberg, CEO, Danish Wind Industry Association.

Share of global market, ex. China - Percentage of grid connected capacity
Year        Siemens Wind Power      Vestas        Cumu.
2014                       19.6%                      17.4%        37.0%
2013                       13.1%                      23.1%        36.2%
2012                       14.9%                      19.2%        34.1%
2011                       13.2%                      19.9%        33.1%

Source: MAKE, OEM Market Share 2011-2014

The leading Danish companies Siemens Wind Power and Vestas Wind Systems have increased their market share, excluding China, over the last four years. This has led to a spiral effect pulling up the entire value chain according to Jan Hylleberg.

Global outreach
The Danish market is small compared to the size of the Danish wind industry, which also explains why 63% of the total revenue of 84.4 billion DKK (11.3 billion EUR), corresponding to 53.5 billion DKK (7.2 billion EUR), was exported. The exports made up 5.2% of the total Danish exports last year and overall more than 30,000 people were employed in the industry in Denmark alone.

- Download White Paper on Wind: Wind is power

“The businesses in the Danish wind industry are highly globalised, and they have been able to adapt to the changing market conditions and the increase in volume that we experienced last year. Especially in terms of the offshore market, no one is on par with the Danish competences. This will help boost the strong Danish position in the coming years as more industrial players are trying to enter the wind industry,” concludes Jan Hylleberg.

Source: Danish Wind Industry Association