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The market size of the Solar Power Generation industry in the US is $xx.xx, which is expected to grow at xx% over the next five years. Operators in this industry own and operate solar-power-generating facilities, such as photovoltaic panels or solar thermal power stations, that use mirrors or lenses to concentrate the sun’s energy. This industry covers utility-scale solar and does not include distributed energy.
Curious about what drives these trends? IBISWorld's Solar Power Generation in the US industry coverage has got you covered.
Total value ($) and annual change from 2012 – 2030.
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| Industry | Sector | Last 5-yr CAGR | Forecast 5-year CAGR | Revenue |
|---|---|---|---|---|
| Electric Power Transmission, Control & Distribution in the US |
|
XX% | XX% | $XX |
| Coal & Natural Gas Power Generation in the US |
|
XX% | XX% | $XX |
| Nuclear Power Generation in the US |
|
XX% | XX% | $XX |
| Hydroelectric Power Generation in the US |
|
XX% | XX% | $XX |
| Wind Power Generation in the US |
|
XX% | XX% | $XX |
| Renewable Power Generation in Canada |
|
XX% | XX% | $XX |
| Geothermal, Wind & Other Electricity Generation in New Zealand |
|
XX% | XX% | $XX |
| Electricity Production in the UK |
|
XX% | XX% | $XX |
| Renewable Electricity Generation in the UK |
|
XX% | XX% | $XX |
| Electricity Production in Ireland |
|
XX% | XX% | $XX |
| Alternative Energy in China |
|
XX% | XX% | $XX |
When the stakes are high, you need intelligence that cuts through the noise—wherever you work.
The market size of the Solar Power Generation in the US is $46.8bn in 2026.
The market size of the Solar Power Generation in the US increased 13.9% in 2026.
The market size of the Solar Power Generation in the US has grown at a 25.3% CAGR between 2021 and 2026.
See our full analysis of the Solar Power Generation in the US to understand if the industry market size is expected to grow or decline over the next five years.