Vestas - statistics & facts

Vestas Wind Systems is a leading wind turbine manufacturer based In Denmark. Vestas’ headquarters are currently located in Aarhus, but the company also boasts offices in 24 countries worldwide and has five regional sales business units: Northern Central Europe, Americas, Mediterranean, Asian Pacific, and China. It is currently considered one of the largest renewable energy companies in the world.

Market leader in wind turbine equipment

Vestas provides a variety of products and services through a distributed service model. Its focus revolves primarily on the production of wind turbines for the development and deployment of sustainable energy solutions. In fact, the company is one of the largest wind turbine manufacturers in the world. On the global market, the Danish company has turbines installed in over 80 countries and accounts for the largest share of wind turbine manufacturing capacity worldwide. In 2022, Vestas commissioned onshore and offshore capacity stood at 13.3 gigawatts, only trailing behind wind turbine manufacturer Goldwind by a small margin. Apart from turbine manufacturing, Vestas is also involved in selling, installing, and maintaining operational wind power plants.

Sustainable energy systems

Wind power plants have the potential to contribute more to the global energy system within the coming decades. Vestas, a pioneer in wind energy, continues to invest heavily in research and development to increase the company’s wind turbine technologies further. In 2023, Vestas’ research and development expenditures amounted to around 371 million euros.
This text provides general information. Statista assumes no liability for the information given being complete or correct. Due to varying update cycles, statistics can display more up-to-date data than referenced in the text.
Published by Lucía Fernández, Feb 29, 2024

Key insights

Vestas' Revenue
15.4bn EUR
Vestas' number of employees
29,463
Capacity of Vestas' produced and shipped wind turbines
11,666 MW
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Current statistics on this topic

Annual revenue of Vestas Wind Systems from financial year 2006 to 2023 (in million euros)

Renewable Energy

Vestas' revenue FY 2006-2023

Research and development expenditures from Vestas Wind Systems from financial year 2013 to 2023 (in million euros)

Renewable Energy

Vestas' R&D spending FY 2013-2023

Number of employees at Vestas Wind Systems from financial year 2005 to 2023

Renewable Energy

Vestas' number of employees FY 2005-2023

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Overview

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Overview

Financials

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Financials

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Production figures

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Competitors

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Competitors

Further reports

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Wind energy in the U.S.
Wind energy in the U.S.
Offshore wind energy worldwide
Offshore wind energy worldwide
Wind power in Europe
Wind power in Europe
Global wind power
Global wind power
Wind energy in Denmark
Wind energy in Denmark

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