1. Market Research
  2. > Energy & Environment
  3. > Energy
  4. > Renewable Energy Market Trends
  5. > Solar Power in the US - Industry Market Research Report

Solar Power in the US - Industry Market Research Report

  • November 2016
  • -
  • Ibisworld
  • -
  • 35 pages

Summary

Table of Contents

Search Inside

Walking on sunshine: Government support for renewable energy will raise industry revenue



Abstract

Solar Power in the US

The Solar Power industry has experienced clear skies over the five years to 2016, propelled by favorable government incentives in the form of renewable portfolio standard (RPS) targets and tax credits. Increased public support for green energy has led to tax incentives and grants to encourage investments in solar power. Additionally, equipment costs have continued to fall over the period. Government support will continue to help the industry compete with other energy sources, at least for most of the next five years. State mandates for renewable energy power and lower input costs will continue to translate into sustained revenue growth. These trends suggest that the industry will become more viable in the next five years, lowering its dependence on government assistance.

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

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.



Related Reports

Electric Power Transmission in the US

Coal & Natural Gas Power in the US

Nuclear Power in the US

Hydroelectric Power in the US

Wind Power in the US

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Concentrating Solar Power Market by Technology, Components, End-User, and Region - Global Forecast to 2021

Concentrating Solar Power Market by Technology, Components, End-User, and Region - Global Forecast to 2021

  • $ 5650
  • Industry report
  • February 2017
  • by MarketsandMarkets

“The concentrating solar power market is projected to grow at a CAGR of 10.3% from 2016 to 2021” The concentrating solar power market is projected to reach USD 10.96 billion by 2021, growing at a ...

Solar Tracker Market Trend Analysis By Technology (Solar Photovoltaic (PV), Concentrated Solar Power (CSP), Concentrated Photovoltaic (CPV)), By Product (Single Axis, Dual Axis), By Application (Utility, Non-utility), And Segment Forecasts, 2014 - 2025

Solar Tracker Market Trend Analysis By Technology (Solar Photovoltaic (PV), Concentrated Solar Power (CSP), Concentrated Photovoltaic (CPV)), By Product (Single Axis, Dual Axis), By Application (Utility, Non-utility), And Segment Forecasts, 2014 - 2025

  • $ 4950
  • Industry report
  • December 2016
  • by Grand View Research

The global solar tracker market is expected to reach 26.77 GW installed capacity by 2025, according to a new report by Grand View Research, Inc. Rising demand for renewable energy in developing countries ...

Global Smart Solar Power Market Analysis 2016 - Forecast to 2022

Global Smart Solar Power Market Analysis 2016 - Forecast to 2022

  • $ 4550
  • Industry report
  • February 2017
  • by Hoovers Research

Hoovers Research analysis is one of the most accurate studies performed using the combinational analytical tools. The report contains up to date financial data derived from varied research sources to present ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.