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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 2015

Sunny days: The residential market is anticipated to create strong demand for solar installations

IBISWorld’s Solar Panel Installation 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
There are no companies with a dominant market share
Industry Statistics & Market Size
Revenue
$10bn
Annual Growth 10-15
22.0%
Annual Growth 15-20
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Profit
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Employment
77,312
Businesses
13,494
Industry Analysis & Industry Trends

The Solar Panel Installation industry has sprinted ahead in recent years, driven by rapid technological developments, falling solar panel costs and favorable government policy. In the coming years, demand for solar panel installation is forecast to continue surging. Continuing government aid in the form of tax credits and rebates, along with technological advances in solar energy, as well as the rising popularity of solar power purchase agreements (SPPAs), are expected to help revenue grow sharply over the next five years.... purchase to read more

Industry Report - Industry Products Chapter

Roof-mounted panel installation

Roof-mounted panels are the most popular type of solar panels, especially in the consumer market. As the name states, these panels are attached to the roof of a dwelling or building. Roof mounting has an advantage over ground mounting because it lifts the panels over natural sunlight obstructions, such as trees or other buildings. This segment is expected to contribute 35.0% of industry revenue in 2015.

Solar-tracking panel installation

Solar-tracking panels are panels that tilt toward the direction of the sun as it moves throughout the day. As a result, they are the most efficient type of solar panel systems and are the most popular type of commercial installation... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Solar Panel Installation Industry?

Operators in this industry install solar panels as part of general residential and commercial contracting services. These companies 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 enterprise to carry out the work. Installations of commercial-grade solar power grids are excluded from this report (see Solar Farm Developers), 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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