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 growing. 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.
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.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.