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Solar Farm Developers in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Solar Farm Developers Market Research Report | Technology | Renewable Energy | Dec 2014

Sunny days: As tax credits remain in effect, demand for solar farms will continue to rise

The Solar Farm Developers market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
First Solar First Solar market share
Industry Statistics & Market Size
Revenue
$9bn
Annual Growth 09-14
85.5%
Annual Growth 14-19
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Profit
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Employment
8,820
Businesses
78
Industry Analysis & Industry Trends

Demand for construction of utility-scale solar power projects has skyrocketed thanks in large part to substantial government assistance. In addition to heavy demand catapulting revenue upward, falling capital costs have expanded the industry's profit margins. In the next five years, industry revenue growth is expected to slow significantly as a result of a lesser demand for solar power generation on the utility-scale level. Additionally, technological advancements in solar panel construction will lead to a greater supply of low-cost panels, making solar panels more accessible for individual consumers, also lowering demand.... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

IBISWorld analysis reveals that the Solar Farm Developers industry is in the growth stage of its life cycle, backed by heavy investment in new solar panel technologies and heavy development of utility-scale solar power projects. Over the 10 years to 2019, industry value added (IVA), a measure of the industry's contribution to the overall economy, is expected to soar at an annualized rate of 30.7%. Comparatively, US GDP growth is expected to reach 2.5% per year on average over the same period. In general, the industry has been expanding rapidly.

Several government incentives, including tax breaks and statewide renewable electricity generation requirements, have spurred growth in solar power generation, thereby increasing demand for newly developed solar farms... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Solar Farm Developers Industry?

This industry comprises establishments that primarily install and construct solar power grid systems, known as solar farms, on a utility scale. The work performed within the industry may include new work, reconstruction, rehabilitation and repairs. Excluded from this industry are establishments that focus on residential and commercial solar power systems.

Industry Products
Crystalline silicon solar power plantsThin-film solar power plantsCSP trough power plantsCSP tower power plants
 
Industry Activities
Crystalline silicon solar power plant constructionThin-film solar power plant constructionCSP power plant construction


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