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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 | Aug 2016

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

IBISWorld’s Solar Panel Manufacturing market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 11-16
-14.2%
Annual Growth 16-21
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Profit
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Employment
3,902
Businesses
40
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 2021, intensifying international competition and waning demand will affect revenue... purchase to read more

Industry Report - Industry Products Chapter

Silicon modules and cells

Products in this category consist of solar modules and cells made from silicon. There are a variety of silicon products on the market but crystalline silicon (c-Si) cells and modules, which includes both monocrystalline and polycrystalline are expected to dominate the market. These products are popular due to their high efficiency. According to data from the Energy Information Administration (EIA), c-Si panels averaged 16.0% efficiency compared to the 13.0% of thin-film panels.

Historically, products in this category have been constrained by price. However, prices of polysilicon silicon, which is used to make solar modules and cells, have severely declined. According to Peak Energy Strategist, in 2008, the price was $400 per kilogram... 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
Silicon modules and cellsThin-film modules and cellsOther modules and cells
 
Industry Activities
Manufacture solar panelsManufacture solar cells


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