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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 | May 2014

Alternating current: International competition and waning demand will cripple revenue

IBISWorld’s Solar Panel Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

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 during 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 Locations Chapter

The spread of business locations, estimated using data from the Energy Information Administration on the origin of solar panel shipments, follow the incentives provided by states in their efforts to attract large manufacturers. These incentives include tax breaks and tax havens for manufacturers. Furthermore, industry players locate near key markets with generous incentives for solar power production. Companies that are heavily invested in export markets tend to set up shop near shipping hubs.

The Great Lakes have the greatest number of industry establishments in the United States. Before the recession, the region boasted a large number of automotive-related manufacturers... 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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