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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 | Oct 2015

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

IBISWorld’s Solar Farm Developers market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
First Solar First Solar market share
Industry Statistics & Market Size
Revenue
$10bn
Annual Growth 10-15
46.5%
Annual Growth 15-20
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Profit
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Employment
9,027
Businesses
80
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 due to 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 Analysis Chapter

The Solar Farm Developers industry has been skyrocketing over the past five years. Demand for new solar farms has been backed primarily by government incentives, such as the Solar Investment Tax Credit (ITC), which encouraged private investment into solar technologies by offering tax credits. With these incentives, solar farms and other solar-power development projects have been built at accelerating rates over the past five years. Because solar technology is not yet cost-competitive with other types of energy used in electricity generation, such as coal and natural gas, government incentives have been the driving force behind industry growth... 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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