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 Key Buyers Chapter
The Solar Panel Manufacturing industry has a low level of market share concentration, with the four largest firms accounting for about 45.8% 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. Consequently, domestic manufacturing is mostly comprised of smaller firms, which results in a low level of concentration.
Market share concentration has increased in the past five years, mostly due to overall industry contraction and consolidation. Intensive competition from imported solar panels caused smaller manufacturers to exit this industry... purchase to read more