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 | Jan 2016

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

IBISWorld’s Solar Panel Manufacturing market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

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 2020, intensifying international competition and waning demand will cripple revenue... purchase to read more

Industry Report - Industry Key Buyers Chapter

The Solar Panel Manufacturing industry has a moderate level of market share concentration, with the four largest firms accounting for about 45.1% of industry revenue. While US firms such as SunPower and First Solar are major players in the global solar industry, the bulk of their manufacturing facilities are located abroad. For instance, about two-thirds of First Solar's production lines are located in Malaysia. However, over the five years to 2015, many smaller manufacturers have gone out of business. Consequently, despite larger operators shifting production offshore, they still represent are large portion of domestic manufacturing.

Market share concentration has increased in the past five years, mostly due to overall industry contraction and consolidation... 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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