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Solar Power in Arizona

Author.Name IBISWorld United States Last Updated: April 2025 NAICS AZ22111e

Solar Power in Arizona industry analysis

The Solar Power industry in Arizona is expected to grow an annualized x.x% to $x.x billion over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to xx locations. Industry employment has increased an annualized x% to xxx workers, while industry wages have increased an annualized x.x% to $x.x million.

Over the five years to 2030, the industry is expected to grow an annualized x.x% to $x.x billion, while the national industry is expected to grow x.x%. Industry establishments are forecast to grow x.x% to xx locations. Industry employment is expected to increase an annualized x.x% to x,xxx workers, while industry wages are forecast to increase x% to $x.x million.

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About the Solar Power in Arizona Market Research Report

What’s Included in the Solar Power in Arizona Market Research Report

Definition of the Solar Power in Arizona?

Operators in this industry own and operate solar-power-generating facilities, such as photovoltaic panels or solar thermal power stations, that use mirrors or lenses to concentrate the sun’s energy. This industry covers utility-scale solar and does not include distributed energy.

What’s included in the Solar Power in Arizona?

The Solar Power in Arizona includes generating photovoltaic power and generating concentrated solar power. Related terms covered in the Solar Power in Arizona industry report includes a specialized semiconductor diode that converts sunlight into electricity, electricity from sources that can be switched on or off to meet seasonal demand, a technology that uses mirrors to focus sunlight on a surface to create energy and all types of renewable energy.

Industry Performance of the Solar Power industry in Arizona

Benchmark the Solar Power in Arizona industry performance with all AZ county and national performance.

Solar Power in Arizona

#7 in Highest Revenue 3.7% of state's GDP
Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

Solar Power in the US


Revenue (2025)
Annual Growth (2020-25)
Annual Growth (2025-30)

For the full list of industry drivers, see report purchase options.

Key Drivers of the Solar Power industry in Arizona

See how key industry drivers, such as population, house price index, per capita disposable income, tax credits for energy efficiency, electric power consumption and price of natural gas are impacting Solar Power in Arizona

Arizona Economic Indicators

Population
House Price Index
Per Capita Disposable Income

View more economic information in AZ State Economic profile

US Key External Drivers

Tax credits for energy efficiency
Electric power consumption
Price of natural gas

For the full list of industry drivers, see report purchase options.

County Data of the Solar Power industry in Arizona

Access proprietary data on county in the Solar Power in Arizona, such as Mohave County, Maricopa County and Coconino County. Data includes figures on revenue, establishments, employees and wages by counties.

Key Statistics of the Solar Power industry in Arizona

Download 18 years of historical data and 5 years of projected performance.

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Top Questions Answered in this Report

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What is the market size of the Solar Power industry in Arizona in 2025?

The market size of the Solar Power industry in Arizona is $1.2bn in 2025.

How many businesses are there in the Solar Power industry in Arizona in 2025?

There are 30 businesses in the Solar Power industry in Arizona, which has been growing at an average annual rate of 24.6% from 2020 to 2025.

Has the Solar Power industry in Arizona grown or declined over the past 5 years?

The market size of the Solar Power industry in Arizona has been growing at an average annual rate of 23.9% from 2020 to 2025.

How many employees in the Solar Power industry in Arizona in 2025?

There are 656 employees in the Solar Power industry in Arizona, which has been growing at an average annual rate of 28.0% from 2020 to 2025.