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Solar Panel Installation in the US: Market Research Report

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

Solar Panel Installation Market Research Report | Technology | Renewable Energy | Feb 2014

Sunny days: Revenue will rise with demand as manufacturing costs fall over the next five years

IBISWorld’s Solar Panel Installation 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
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$7bn
Annual Growth 09-14
14.0%
Annual Growth 14-19
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Profit
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Employment
69,037
Businesses
2,206
Industry Analysis & Industry Trends

The Solar Panel Installation industry is composed of small contractor firms that provide solar installation services and other general residential and commercial contracting services. These firms are contracted by solar marketing firms that arrange a buyer for solar panels and contract an industry firm to carry out the work.... purchase to read more

Industry Report - Industry Analysis Chapter

The Solar Panel Installation industry has experienced a decade of consistent growth as more and more Americans purchase solar panels for residential and nonresidential buildings. Although the nonresidential segment dwarfs residential projects, favorable tax incentive programs, as well as a rebounding housing sector, have kept demand from the residential segment high as well. IBISWorld expects industry revenue to increase at an average annual rate of 14.0% during the five years to 2014, as strong corporate profit, a sharp decrease in the price of solar panels, as well as government assistance, encouraged businesses and individuals to invest in solar systems... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Solar Panel Installation Industry?

Firms in this industry install solar panels as part of general residential and commercial contracting services. These firms are contracted either by a homeowner, a solar panel manufacturer or by solar marketing firms that arrange a buyer for solar panels and contract an industry firm to carry out the work. Installations of commercial-grade solar power grids are excluded from this report (see Commercial Solar Grid Construction), as are solar thermal systems that lack photovoltaic panels.

Industry Products
Roof mounted panel installationSolar tracking panel installationGround mounted panel installationFixed rack panel installationMonitoring services
 
Industry Activities
Solar tracker panel installationFixed rack solar panel installationGround-mounted solar panel installationRoof-mounted solar panel installationMonitoring services


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