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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 2014

Alternating current: International competition and waning demand will cripple 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
Revenue
$897m
Annual Growth 09-14
-10.5%
Annual Growth 14-19
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Profit
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Employment
3,333
Businesses
37
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 Investment Chapter

This industry has a medium to high level of capital intensity. While a significant percentage of the manufacturing process is automated, skilled labor is also needed to assemble panels and operate software and machinery. For example, workers are required to cut protective glass that covers solar panels. Nonetheless, production facilities and manufacturing equipment are very expensive and capital expenses are high. Many industry players also heavily invest in research and development, which further increases capital expenses for testing new construction machinery and equipment. In 2011, falling solar panel prices caused firms to scale down operations and reduce facility expansions... 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 supplies these products to solar panel installers and downstream residential, commercial and utility customers. This industry however, does not include American companies that manufacture solar panels abroad.

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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