Solar Panel Manufacturing & Installation – Industry Analysis, Statistics, Trends, and Forecasts

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Industry Analysis, Statistics, Trends, and Forecasts

• Market size and major product and service segments
• Key industry statistics, trends, and financial ratios
• Operating conditions and current performance
• Competitive landscape and environment
• Major company profiles and market shares
• Five-year outlook and growth forecasts

Greentech Media, Inc.
GTM News
https://www.greentechmedia.com/

Online news source features news and information for the clean energy market with a focus on solar power, with news channels including "Solar Panel & Energy Manufacturer News", "Solar PV Modules & Panel Manufacturing News", "Residential Solar Panels & Rooftop Energy News", and "Solar Panel Financing & Project Venture Capital News". Selected articles and updates can be viewed free online.

WTWH Media LLC
Solar Power World
https://www.solarpowerworldonline.com/

Bimonthly trade publication provides news and information for installers, developers, and contractors, with special features including the annual "Top 500 Contractors" issue (July) which ranks contractors by total kilowatts installed and includes information on markets served (e.g., residential, commercial, utility) and services provided (e.g., EPC, developer, contractor, subcontractor, manufacturer installer).

Allied Market Research
Research reports available from this organization include:

Photovoltaic (PV) Panels
https://www.alliedmarketresearch.com/
Comprehensive report provides a detailed analysis of the global PV panel market, with data provided including market size and forecast by technology type (e.g., thin film, monocrystalline/multicrystalline silicon, organic and concentrator), grid type (e.g., grid connected–centralized/decentralized, off-grid), geographic region (e.g., North America), and for selected countries (e.g., U.S., Canada, and Mexico).

Photovoltaic (PV) Installations
https://www.alliedmarketresearch.com/
Market research report analyzes the photovoltaic installations market on a global and regional basis, with information provided including market size and forecast by technology (e.g., thin film, crystalline silicon, and others), grid type (e.g., grid connected–centralized/decentralized, off-grid), end use (e.g., residential, commercial, utility), global region (e.g., North America), and country (e.g., U.S., Canada).

Wood Mackenzie LTD
Research resources available from this organization include:

Solar Module Supply Chain Service
https://www.woodmac.com/
Online subscription service provides in-depth analysis of the global photovoltaic module supply chain, with research coverage including PV module supply-demand balance, component pricing (e.g., cells, wafers, polysilicon), module prices, module technology and efficiency, and facility-level supplier data. Sample data from the monthly "PV Pulse" and other sources is available free online with registration.

U.S. Distributed Solar Service
https://www.woodmac.com/
Online subscription service features detailed PV installation and market share data for the residential and commercial market segments, with information provided including PV installations and forecasts by state and segment, residential and commercial installer market shares on national and state level, residential third-party versus direct ownership market shares, and residential financier market shares.

BizMiner Market Analysis Reports
Semiconductor and Related Device Manufacturing
https://www.bizminer.com  Search for "334413" to see available reports

Market analysis reports provide industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.

Financial Statements and Financial Ratios

BizMiner Industry Financial Ratios
Semiconductor and Related Device Manufacturing
https://www.bizminer.com  Search for "334413" to see available reports

• Income and expenses in dollars and percentages
• Balance sheets in dollars and percentages
• Profitability and return on investment ratios
• Liquidity and working capital ratios
• Asset turnover and efficiency ratios
• Capital structure and debt service ratios

IBISWorld Research Reports
Industry Financial Ratios
(see links for individual reports)

Key statistics section of these reports provides detailed income statements and balance sheets on a common-size basis and an array of industry financial ratios, with the financial ratio data presented on an annual basis for the four most recent years for which data is available and on a historical average basis over three-year, five-year, and ten-year time periods. Sample report can be viewed free online.

Compensation and Salary Surveys

PayScale, Inc.
Solar Photovoltaic (PV) Manufacturing / Installation
https://www.payscale.com/

Free online service provides salary, bonus, and hourly wage data for job positions in this sector such as operations manager, mechanical engineer, electrical engineer, engineering technician, production operator, project manager, and system installer, with employers for which salary or hourly wage rate data is provided including Sunpower Corporation, SMA America, SunRun, and SolarCity Corporation.

U.S. Bureau of Labor Statistics
Careers in Solar Power / Photovoltaic (PV) Installers
https://www.bls.gov/career-guide / wage-survey

Career guide provides an overview of the industry and descriptions of various occupations employed in the manufacture and installation of photovoltaic panels and other related equipment, and the wage survey provides hourly and annual wage data on a national, state, and local area basis for personnel involved in assembling, installing, and/or maintaining photovoltaic panels on roofs or other structures.

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