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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 | Dec 2013

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
$1bn
Annual Growth 08-13
-6.2%
Annual Growth 13-18
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Profit
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Employment
4,132
Businesses
39
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 2018, intensifying international competition and waning demand will cripple revenue... purchase to read more

Industry Report - Starting a New Business Chapter

Barriers to entry in the Solar Panel Manufacturing industry are high. Capital costs, regulation and proprietary technology all pose as barriers to entry for prospective firms. Firms participate in this industry either as manufacturers that mass-produce panels or researchers that develop new technology. As a result, new entrants must construct manufacturing or research facilities, both of which require significant capital investments. The American Recovery and Reinvestment Act of 2009 provided generous tax credits for establishing manufacturing facilities, which lowered barriers to entry. These tax credits expired in 2010, though, which caused barriers to entry to increase... 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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