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Solar Panel Manufacturing in the US - Industry Market Research Report

Solar Panel Manufacturing in the US

The Solar Panel Manufacturing industry, which manufactures solar modules and cells in the United States, experienced large fluctuations in revenue over the five years to 2019. The industry has contended with intense competition from Asian manufacturers, which flooded the US market with low-cost solar modules and cells that drove down industry prices during the current period. However, stabilization of Chinese supply has yielded an increase in global solar panel prices, hindering domestic demand. In addition, the relative strength of the US dollar made exports more expensive for foreign consumers. As a result, industry revenue is expected to decline during the current period. Over the five years to 2024, industry revenue is expected to rise due to greater international demand and incentives for domestic production.

Operators in this industry manufacture solar panels and solar cells and supply these products to solar panel installers and downstream residential, commercial and utility customers. This industry does not include solar cells or solar panels manufactured abroad by US companies.

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.


  • About this Industry
  • Industry at a Glance
    • Table Key Statistics Snapshot
    • Table Revenue vs. employment growth
    • Table Products and services segmentation (2019)
    • Table Industry Structure
  • Industry Performance
    • Table Electric power consumption
    • Table Industry revenue
    • Table Life Cycle Stage
  • Products & Markets
    • Table KEY BUYING INDUSTRIES
    • Table KEY SELLING INDUSTRIES
    • Table Products and services segmentation (2019)
    • Table Major market segmentation (2019)
    • Table Industry trade balance
    • Table Exports To
    • Table Business Locations 2019
    • Table Distribution of establishments vs. population
  • Competitive Landscape
    • Table Sector vs. Industry Costs
    • Table Barriers to Entry checklist
    • Table Trade Globalization
  • Major Companies
    • Table Major Players
    • Table First Solar Inc. (US industry-specific segment) - financial performance*
  • Operating Conditions
    • Table Capital Intensity
    • Table Tools of the Trade: Growth Strategies for Success
    • Table Volatility vs. growth
  • Key Statistics
    • Table Industry Data
    • Table Annual Change
    • Table Key Ratios
    • Table Industry Financial Ratios
  • Jargon & Glossary

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