Global Bifacial Solar Market

Report Code: EGY195A

Publish Date: Nov 2023

Publisher: BCC Publishing

Category: Energy

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Report Highlights

This report provides an overview of the global bifacial solar market. It covers various region-specific developments in the industry. The report also assesses the bifacial solar market by type of panel, module and frame, along with installation and application. The report also profiles leading companies with information on product portfolios.

Report Includes

  • An overview of the global bifacial solar market
  • Estimation of the market size and analyses of global market trends with data from 2022, 2023, estimates for 2024, 2026, and projections of compound annual growth rates (CAGRs) through 2028
  • Highlights of the current and future market potential and quantification of the market by panel type, frame type, module type, installation, application, and region
  • Identification of challenges and discussion on how to overcome from those to reach its commercialization potential
  • Coverage of economic and environmental benefits, current status of ESG, and comparison of life cycle cost and environmental impact in the bifacial solar market
  • Market share analysis of the key companies of the industry and coverage of their proprietary technologies, strategic alliances, and other key market strategies and a relevant patent analysis
  • Comprehensive company profiles of the leading players of the industry

Report Scope

This report analyzes different ongoing technologies and their feasibility at present. The report covers various segments by panel type, frame type, application and regional market development of the bifacial solar market. Furthermore, the regional market analysis has been sub-segmented by major countries in this report, such as the U.S., China, Germany, India and others, where the opportunities for deploying bifacial solar are lucrative.

The study is prepared in a simple, easy-to-understand format; tables and figures are included to illustrate historical, current and future market scenarios. The report also profiles leading companies with information on product portfolios. Also included is a list of other companies in global and regional markets. In addition, the report consists of a patent analysis for the bifacial solar market, representing a significant investment area for investors.

In this report, 2022 is used as the market’s base year, estimated values are provided for 2023, and the market values are forecast from 2023 through 2028. All market values are provided in billions of dollars, and market shares and CAGRs are provided in percentages.

Report Synopsis

Report Metrics Details
Base year considered 2022
Forecast period considered 2023-2028
Base year market size $92.4 billion
Market size forecast $187.1 billion
Growth rate CAGR of 12.7% from 2023 to 2028
Units considered $ Billions
Segments covered By Panel Type, Module Type, Frame Type, Installation, Application, and Region
Regions covered North America, Europe, Asia-Pacific, and Rest of World
Key Market Drivers
  • Growing Expansion of Solar Power Generation Backed by Significant Investment in Solar Industry
  • Increasing Demand for Electricity Worldwide
  • Supportive Government Regulations and Policies for Solar Energy
Companies studied
AESOLARCANADIAN SOLAR INC.
HD HYUNDAI ENERGY SOLUTIONS. LTD.JINKO SOLAR
LG ELECTRONICSLONGI
SHARP CORP.TRINA SOLAR CO. LTD.
WAAREE ENERGIES LTD.WUXI SUNTECH POWER CO. LTD.
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Frequently Asked Questions (FAQs)

The projected market size in 2028 is $187.1 billion, and the market's CAGR is 12.7% during the forecast period.
  • Growing expansion of solar power generation backed by significant investment in the solar industry.
  • Increasing Demand for Electricity.
  • Supportive Government Regulations and Policies for Solar Energy.
  • By Panel Type
  • By Module Type
  • By Frame Type
  • By Installation
  • By Application
The monocrystalline solar panel segment will dominate the market by 2028.
Asia-Pacific region holds the highest share of the global market.

Analyst Credentials

BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.

Let us assist you! Our analysts are ready to tailor this report to your specific need. REACH OUT TO US TODAY

Table of Contents

All reports provided in PDF format. For shared licensing options (5+ Users), please call a representative at (+1) 781-489-7301 or contact us at info@bccresearch.com
Title/Chapter NamePagesMember Price
Full Report: Global Bifacial Solar Market90Free

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Global Bifacial Solar Market
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