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ate -owned conglomerates with deep pockets and strong manufacturing capabilities. Figure 7: Share of global market supplied by the top ten wind turbine makers Source: BloombergNEF Nacelle Global wind turbine nacelle manufacturing capacity tripled from 2 to 2. The majority of the additions took place in China, which boosted its manufacturing capacity more than fivefold ( Figure . The Chinese government introduced 7% local -content requirement in 2 and feed -in tariffs in 2 which created unprecedented opportunities for domestic players. By the time the 4 1 China India .. Spain Germany Denmark Brazil South KoreaOthersNumber of factories Nacelle Blade Tower Generator Gearbox BearingCountry produces six components 7%7%7%8%8%8% 2 2 2 2 2 2 Wind Trade And Manufacturing February 2 Bloomberg Finance .. 2 No portion of this document may be reproduced, scanned into an electronic system, distributed, publicly displayed or used as the basis of derivative works without the prior written consent of Bloomberg Finance .. For more information on terms of use, please contact sales.bnef Siemens Flender bloomberg.net. Copyright and Disclaimer notice on page 2 applies thro ughout. 7 government lifted the local -content requirements in 2, foreign turbine makers had lost majori ty market share to Chinese competitors. Figure 8: Wind turbine nacelle manufacturing capacity by plant location Source: BloombergNEF But China was not alone in seeing growth. Total nacelle manufacturing capacity in both India and the .. also doubled 2 -2. Global manufacturing capacity then remained relatively flat for number of years as there was sufficient capacity to meet overall demand. Today, the market is dominated by relatively small number of players headquar tered in five nations. Major firms in China, Denmark, Spain, Germany, and .. made up 9% of global wind market share in 2 ( Figure . European and .. turbine makers often export their equipment while Chinese