Industry Analysis & Industry Trends
The Solar Panel Manufacturing industry experienced significant volatility over the past five years. Generous government tax credits for energy efficiency initially stimulated downstream demand from consumers, businesses, manufacturers and solar power producers, while government assistance helped industry operators expand production capacity. However, in the five years to 2020, intensifying international competition and waning demand will cripple revenue... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Solar Panel Manufacturing industry has a moderate level of market share concentration, with the four largest firms accounting for about 45.1% of industry revenue. While US firms such as SunPower and First Solar are major players in the global solar industry, the bulk of their manufacturing facilities are located abroad. For instance, about two-thirds of First Solar's production lines are located in Malaysia. However, over the five years to 2015, many smaller manufacturers have gone out of business. Consequently, despite larger operators shifting production offshore, they still represent are large portion of domestic manufacturing.
Market share concentration has increased in the past five years, mostly due to overall industry contraction and consolidation... purchase to read more