The industry is experiencing explosive growth, reshaping the competitive landscape of the wind power equipment sector.

　　The forecast for wind power capacity installations is influenced by a variety of factors, including policy changes, electricity pricing, technological advancements from turbine manufacturers, and the supply capabilities of component suppliers—making it inherently uncertain. As a result, the National Development and Reform Commission’s earlier projection of reaching 5 million kilowatts of cumulative wind power capacity by 2010 is expected to be significantly surpassed. In 2007, China added 2.4 million kilowatts of new wind power capacity, bringing the country’s total installed capacity to 5 million kilowatts by year-end. Moreover, many domestic wind turbine manufacturers have announced ambitious production expansion plans starting in 2007. According to forecasts, China’s annual新增 wind power capacity additions are projected to reach 2.4 million kilowatts in 2007, 4 million kilowatts in 2008, 5.5 million kilowatts in 2009, and 7 million kilowatts in 2010. By 2010, the country’s cumulative wind power capacity is expected to soar to 21.5 million kilowatts.

　　Domestic megawatt-class wind turbine manufacturers emerge as the biggest winners

　　Since wind turbine manufacturing is still an emerging industry in China, foreign manufacturers previously held a significantly higher market share. In 2006, foreign companies accounted for 59% of China's wind power market, while domestic manufacturers captured 41%.

　　As domestic manufacturers gradually master the core technologies in wind turbine production, their market share will grow rapidly year by year, with domestic players expected to capture 95% of the market by 2010.

　　Experts also pointed out that in the coming years, the proportion of megawatt-class wind turbines in China will increase, though 750-kW units will still maintain a certain level of market presence. While megawatt-scale turbines initially offer lower cost-effectiveness compared to kilowatt-level models, their costs are expected to decline as technology matures and production scales up. In the European market, turbines above the megawatt mark already account for more than 90% of the market share, reflecting a clear trend toward larger-capacity systems. In 2006, turbines below the megawatt threshold still dominated China’s new wind turbine installations, making up 70% of the market. However, as newer turbine manufacturers increasingly develop megawatt-plus models, the annual share of megawatt-scale turbines in China is set to rise rapidly in the years ahead.

　　Supply of some key components is tight.

　　With the growing demand in the domestic wind power market, key component manufacturers have seen significant development. As a result, a specialized industrial chain for wind power manufacturing and supporting components is gradually taking shape, characterized by: - Generator manufacturers now fully meet the needs of China's evolving wind energy industry; - Gearbox producers are largely capable of supporting domestic wind power growth—but due to the high-quality standards required for gearbox bearings, China currently lacks the ability to supply qualified products domestically. Consequently, gearbox production capacity remains heavily reliant on imported bearings from overseas. - Control systems predominantly rely on equipment manufactured by Denmark’s MITA and Austria’s Windtec, though several domestic companies—including Kenuoweiye, Beijing Jingxin, and Times Group—are already actively developing and producing their own solutions. - Blade manufacturers can now adequately support the demands of China’s expanding wind power sector. - For pitch and yaw bearings, domestic suppliers like Luoyang Bearing, Wafangdian Bearing, and Xuzhou Rotead are capable of providing these components—but none have yet undergone extensive, long-term operational testing.

　　The competitive market landscape will shift.

　　As of the end of July 2007, there were 40 wind turbine manufacturers in China, including 17 state-owned or state-controlled companies, 12 privately owned manufacturers, 7 joint-venture firms, and 4 wholly foreign-owned enterprises. Notably, more than 30 of these domestic and joint-venture companies began entering the wind turbine manufacturing sector after 2005.

　　In 2008, as several manufacturers entered both small- and large-scale production phases, the competitive landscape of the entire market was set to undergo significant changes. Currently, the leading companies—such as Goldwind Technology, Dongfang Steam Turbine, Sinovel Wind Group, and Zhejiang United Power—who have already achieved mass-production capabilities—are drawing considerable attention from the market. Meanwhile, players in the second tier—those that have either prototyped their products or established small-scale production capacities—are also gaining keen interest.