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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

IBISWorld’s Solar Farm Developers 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
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 - Starting a New Business Chapter

The Solar Farm Developers industry has high barriers to entry, mostly due to high capital costs associated with power plant construction. Prospective firms must purchase construction equipment and generation components to enter this industry. Additionally, new entrants must have technical expertise in solar power generation technology. These factors contribute to high start-up costs, making it difficult to enter this industry. Over the past five years, the recession and slow recovery made it difficult to obtain financing. Consequently, barriers to entry have increased.

Industry firms must also abide by government construction and energy regulations. New entrants need to obtain licenses from the Bureau of Land Management to construct solar farms on public land... 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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