Solar Panel Manufacturing in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Solar Panel Manufacturing Market Research Report | NAICS 33441c | Sep 2015

Solar eclipse: Flood of low-cost imports underpins sharp decline in industry revenue

The Solar Panel Manufacturing market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 10-15
Annual Growth 15-20
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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 2019, intensifying international competition and waning demand will cripple revenue... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Solar Panel Manufacturing industry is declining. Industry value added, which measures an industry's contribution to the economy, is forecast to fall at an average annual rate of 14.3% in the 10 years to 2020. During the same period, US GDP is projected to grow at an annualized rate of 2.5%. As a result, this industry's importance to the overall economy is rapidly falling, indicating a declining industry.

While government assistance to industry manufacturers and downstream customers has fueled the growth of solar power, most gains have been made in solar installation and solar power generation. Domestic manufacturers have performed poorly due to competition from imports, especially those from China. As a result, companies are anticipated to exit this industry... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Solar Panel Manufacturing Industry?

Operators in this industry manufacture solar panels and solar cells and supply these products to solar panel installers and downstream residential, commercial and utility customers. This industry does not include solar cells or solar panels manufactured abroad by US companies.

Industry Products
Crystalline silicon panelsThin-film panelsMultijunction panelsCrystalline silicon cellsThin-film cellsMultijunction cellsOrganic cells and panels
Industry Activities
Manufacture solar panelsManufacture solar cells

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