Vestas Competitors and Similar CompaniesClear all
Vestas's competitors and similar companies include Siemens Gamesa, Cadeler, Orsted, Titan Wind Energy, Envision Energy, Konсar Steel Structures, Goldwind Science & Technology, Inox Wind, Suzlon Group, Nordex Group and Senvion.
 Vestas Vestas Wind Systems is a company that designs, develops, and manufactures sustainable energy products. |  Siemens Gamesa Siemens Gamesa Renewable Energy (formerly known as Grupo Auxiliar Metalúrgico) is a company that provides onshore and offshore wind turbine technologies. |  Cadeler Cadeler (formerly known as Blue Ocean Ships) is a supplier within the offshore wind industry for installation services, operations and maintenance works. |  Envision Energy Envision Energy (远景能源有限公司) is a green technology company that provides renewable energy solutions. |  Konсar Steel Structures Končar Steel Structures (also known as Končar Metalne Konstrukcije) is a company that manufactures industrial machinery and steel alloy structures. |  Goldwind Science & Technology Goldwind Science & Technology (金风科技股份有限公司, formerly Xinjiang Goldwind Science & Technology) is a company that designs and manufactures wind power equipment. |  Nordex Group Nordex Group is a company specializing in the development, manufacture, project management, and servicing of onshore wind turbines. | ||||||
Founding Date | Founding Date 1898 | Founding Date 1976 | Founding Date 2008 | Founding Date 2006 | Founding Date 2005 | Founding Date 2007 | Founding Date 1995 | Founding Date 1998 | Founding Date 2009 | Founding Date 1995 | Founding Date 1985 | Founding Date 2001 |
Type | Type Public | Type Subsidiary | Type Public | Type Public | Type Public | Type Subsidiary | Type Subsidiary | Type Public | Type Public | Type Public | Type Public | Type Subsidiary |
Tags | ||||||||||||
Locations | Locations Aarhus, DK HQ Bahía Blanca, AR Buenos Aires, AR Melbourne, AU Vienna, AT Aquiraz, BR Parnamirim, BR see more | Locations Zamudio, ES HQ Buenos Aires, AR Bayswater, AU Macquarie Park, AU Wien, AT Beersel, BE Camaçari, BR see more | Locations Copenhagen, DK HQ Vejle, DK Taipei, TW | Locations Fredericia, DK HQ Copenhagen, DK Hamburg, DE The Hague, NL Taipei, TW London, GB Boston, US see more | Locations Suzhou, CN HQ Varde, DK | Locations Shanghai, CN HQ Melbourne, AU Sao Paulo, BR Beijing, CN Jiangyin, CN Nanjing, CN Silkeborg, DK see more | Locations Zagreb, HR HQ | Locations Pune, IN HQ Buenos Aires, AR Burnley, AU Hadžići, BA Shanghai, CN Aarhus, DK Ahmedabad, IN see more | Locations Hamburg, DE HQ Sao Paulo, BR Bogotá, CO Sonder Bjert, DK Helsinki, FI Paris, FR Hamburg, DE see more | Locations Hamburg, DE HQ | ||
Employees | Employees 35,927 | Employees 29,6021% increase | Employees 659 | Employees 8,251 | Employees 1,39316% decrease | Employees 1,9153% increase | Employees 3601% increase | Employees 11,126 | Employees 998 | Employees 1,5284% decrease | Employees 10,559 | Employees 4991% decrease |
Valuation ($) | Valuation ($) 18.8 b | Valuation ($) N/A | Valuation ($) 2.4 b | Valuation ($) 26.4 b | Valuation ($) 2.2 b | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) 5.8 b | Valuation ($) N/A | Valuation ($) N/A | Valuation ($) 3.6 b | Valuation ($) N/A |
Financial | ||||||||||||
Revenue (est.) | Revenue (est.) €18.8b (FY, 2025) | Revenue (est.) €82.2m (Y, 2024) | Revenue (est.) €620.4m (FY, 2025) | Revenue (est.) kr73.2b (FY, 2025) | Revenue (est.) ¥5.1b (FY, 2025) | Revenue (est.) ¥80.6b (FY, 2023) | Revenue (est.) €36.3m (FY, 2023) | Revenue (est.) ¥72.5b (FY, 2025) | Revenue (est.) ₹35.3b (FY, 2025) | Revenue (est.) ₹108.5b (FY, 2025) | Revenue (est.) €7.6b (FY, 2025) | Revenue (est.) N/A |
Cost of goods | Cost of goods €15.8b (FY, 2025) | Cost of goods N/A | Cost of goods €76.3m (FY, 2025) | Cost of goods kr37.7b (FY, 2025) | Cost of goods ¥4.4b (FY, 2025) | Cost of goods N/A | Cost of goods €22.6m (FY, 2023) | Cost of goods ¥62.7b (FY, 2025) | Cost of goods ₹21.2b (FY, 2025) | Cost of goods ₹70.4b (FY, 2025) | Cost of goods €5.6b (FY, 2025) | Cost of goods N/A |
Gross profit | Gross profit €3b (FY, 2025) | Gross profit N/A | Gross profit €552.8m (FY, 2025) | Gross profit kr40.8b (FY, 2025) | Gross profit ¥966.2m (FY, 2025) | Gross profit N/A | Gross profit €13.6m (FY, 2023) | Gross profit ¥10b (FY, 2025) | Gross profit ₹14.5b (FY, 2025) | Gross profit ₹38.5b (FY, 2025) | Gross profit €2b (FY, 2025) | Gross profit N/A |
Net income | Net income €780m (FY, 2025) | Net income €145.7m (Y, 2024) | Net income €280.2m (FY, 2025) | Net income kr3.2b (FY, 2025) | Net income (¥132.1m) (FY, 2025) | Net income N/A | Net income €1.6m (FY, 2023) | Net income ¥3b (FY, 2025) | Net income ₹4.3b (FY, 2025) | Net income ₹20.7b (FY, 2025) | Net income €274.3m (FY, 2025) | Net income N/A |
Operating ⚠ | ||||||||||||
Connected and Installed Capacity, MW | Connected and Installed Capacity, MW N/A | Connected and Installed Capacity, MW N/A | Connected and Installed Capacity, MW N/A | Connected and Installed Capacity, MW N/A | Connected and Installed Capacity, MW N/A | Connected and Installed Capacity, MW N/A | Connected and Installed Capacity, MW N/A | Connected and Installed Capacity, MW 4.7 k (Q3, 2020) | Connected and Installed Capacity, MW N/A | Connected and Installed Capacity, MW 18.8 k (FY, 2020) | Connected and Installed Capacity, MW N/A | Connected and Installed Capacity, MW N/A |
Deliveries, MW | Deliveries, MW 2.8 k (Q2, 2023) | Deliveries, MW N/A | Deliveries, MW N/A | Deliveries, MW N/A | Deliveries, MW N/A | Deliveries, MW N/A | Deliveries, MW N/A | Deliveries, MW N/A | Deliveries, MW N/A | Deliveries, MW 817.1 (FY, 2021) | Deliveries, MW N/A | Deliveries, MW N/A |
Order Book | Order Book N/A | Order Book €33.7b (Q1, 2023) | Order Book N/A | Order Book N/A | Order Book N/A | Order Book N/A | Order Book kn156m (FY, 2021) | Order Book N/A | Order Book N/A | Order Book ₹47.2b (FY, 2021) | Order Book €8.1b (Q2, 2020) | Order Book N/A |
Order Book (Service) | Order Book (Service) N/A | Order Book (Service) €17.4b (Q1, 2023) | Order Book (Service) N/A | Order Book (Service) N/A | Order Book (Service) N/A | Order Book (Service) N/A | Order Book (Service) N/A | Order Book (Service) N/A | Order Book (Service) N/A | Order Book (Service) N/A | Order Book (Service) €2.7b (Q2, 2020) | Order Book (Service) N/A |
Order Intake | Order Intake €2.5b (Q2, 2023) | Order Intake €1.6b (Q1, 2023) | Order Intake N/A | Order Intake N/A | Order Intake N/A | Order Intake N/A | Order Intake N/A | Order Intake N/A | Order Intake N/A | Order Intake N/A | Order Intake €2.1b (Q2, 2020) | Order Intake N/A |
Order Intake (Service) | Order Intake (Service) N/A | Order Intake (Service) €488m (Q1, 2023) | Order Intake (Service) N/A | Order Intake (Service) N/A | Order Intake (Service) N/A | Order Intake (Service) N/A | Order Intake (Service) N/A | Order Intake (Service) N/A | Order Intake (Service) N/A | Order Intake (Service) N/A | Order Intake (Service) €327.3m (Q2, 2020) | Order Intake (Service) N/A |
Trademarks | Trademarks N/A | Trademarks N/A | Trademarks N/A | Trademarks N/A | Trademarks N/A | Trademarks 32 (Jul, 2025) | Trademarks N/A | Trademarks N/A | Trademarks N/A | Trademarks N/A | Trademarks N/A | Trademarks 51 (Aug, 2023) |
Wind Turbines Installed | Wind Turbines Installed N/A | Wind Turbines Installed N/A | Wind Turbines Installed 287 (FY, 2020) | Wind Turbines Installed N/A | Wind Turbines Installed N/A | Wind Turbines Installed N/A | Wind Turbines Installed N/A | Wind Turbines Installed N/A | Wind Turbines Installed N/A | Wind Turbines Installed 12 k (FY, 2021) | Wind Turbines Installed 662 (Q2, 2020) | Wind Turbines Installed N/A |
Funding | ||||||||||||
Total funding raised | Total funding raised $ 461.4m | Total funding raised N/A | Total funding raised N/A | Total funding raised $ 865.8m | Total funding raised N/A | Total funding raised $ 2b | Total funding raised N/A | Total funding raised $ 75m | Total funding raised N/A | Total funding raised N/A | Total funding raised N/A | Total funding raised N/A |
For sources of this data, please see the company profile
View Company Profiles
Siemens Gamesa
HQ
Zamudio, ES
Siemens Gamesa Renewable Energy (formerly known as Grupo Auxiliar Metalúrgico) is a company that provides onshore and offshore wind turbine technologies.
View companyCadeler
HQ
Copenhagen, DK
Employees
659
Cadeler (formerly known as Blue Ocean Ships) is a supplier within the offshore wind industry for installation services, operations and maintenance works.
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Orsted
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Fredericia, DK
Employees
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