U.S. solar panel market Size Development Trends, Competitive Landscape and Key Regions 2025
Category: #business  By Ashwin Naphade  Date: 2019-09-20
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U.S. solar panel market Size Development Trends, Competitive Landscape and Key Regions 2025

Gminsights.com add New Report U.S. Solar Panel Market to its research database. The report focuses on global major leading players with information such as company profiles, Growth, product segment, technology segment, end user segment and region.

U.S. solar panel market size is expected to witness significant growth from 2016 to 2023. Regional solar PV capacity was close to 24.1 GW by 2015. The spur in the region can be subjected to continuous realization of utility sector double-digit GW project pipeline accompanied by booming residential photovoltaic market. As of 2015, the U.S. is anticipated to add up more than 1 GWDC of panel installation. In addition, more than 30% of the electricity generated came for the solar panel implementations. California is expected to be a leading local region for U.S. solar panel market size.

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Top Key Players:

  • omtec
  • Trina Solar
  • Yingli
  • Neo Solar Power (NSP)
  • Canadial Solar
  • Gintech
  • Longi
  • JA Solar
  • Sharp Solar
  • Zhonghuan
  • Jinko Solar
  • Renesola
  • Hanwah SolarOne
  • SubPower
  • Kyocera
  • Solargiga
  • Jinglong
  • First Solar

It is estimated that more than 50% of the U.S. states posses over 50 MWDC of solar PV installed by 2015. The region is also anticipated to upgrade its solar panel installations over the several forth coming years. Developers in the industry are expected o have sharp focus on project build out to make most from the 30% federal investment tax credit offer on installation of these systems.

Furthermore, rising electricity prices accompanied by descending solar prices is expected to fuel the industry growth. Solar installations offer better cost savings, short payback period and offer higher returns on investment. In addition, these panels are anticipated to mark is significance owing to continuous hike in electricity prices. The advent of clean power plan (CPP) is likely to boost the industry. It is expected to contribute colossal growth potential for solar panel installation expansion in the region over the several forthcoming years.

The U.S. Solar Panel Market research report presents significant information on the methodology deployed to conceptualize the study in question, by means of various primary and secondary sources. The scope of the report and the elements contained in the same with respect to the growth spectrum of the Market has been discussed in the study. Also mentioned in the document are details pertaining to the financial data of the companies profiled in the report, in addition to the currently prevalent price trends of the Market.

Other important pointers encompassed in the report:

  • The Market study presents a 360 degree synopsis of the industry in question, covering all the latest aspects possible.
  • The numerous pricing trends prevalent in the U.S. Solar Panel Market are presented in the report.
  • Pertaining to the competitive landscape, the report also includes a snippet about the financial data of the companies included.
  • A gist of the regulatory norms governing the U.S. Solar Panel Market across the developed and developing economies has been enumerated in the study.
  • For the sake of convenience, the U.S. Solar Panel Market report also explicates on the market definitions referred to in the document.
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About Author

Ashwin Naphade    

Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interest...

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