Global Bifacial Solar Market

Report Code: EGY195A

Publish Date: Nov 2023

Publisher: BCC Publishing

Category: Energy

Customize This Report

Explore Our Services

Already a member? Login to access this report free.

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
HD HYUNDAI ENERGY SOLUTIONS. LTD.JINKO SOLAR
LG ELECTRONICSLONGI
SHARP CORP.TRINASOLAR
WAAREE ENERGIES LTD.WUXI SUNTECH POWER CO. LTD.
Need pricing for multiple titles, a complete report bundle, or something specially curated to fit your budget? EXPLORE OFFERS

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.

Latest reports include:
Let us assist you! Our analysts are ready to tailor this report to your specific need. Talk to Our Analyst

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

Related Reports

Renewable Energy: Technologies and Global Markets

Published - Apr 2025 | Publisher - BCC Publishing | Code - EGY049F

The global market for renewable energy is estimated to increase from $1.3 trillion in 2024 to reach $2.0 trillion by 2029, at a compound annual growth rate (CAGR) of 8.7% from 2024 through 2029.

Building-Integrated Photovoltaics (BIPV): Technologies and Global Markets

Published - Apr 2025 | Publisher - BCC Publishing | Code - EGY072F

The global market for building integrated photovoltaic (BIPV) technologies is estimated to increase from $17.1 billion in 2024 to reach $42.0 billion by 2029, at a compound annual growth rate (CAGR) of 19.7% from 2024 through 2029.

Grid-Scale Electricity Storage Technologies: Global Markets

Published - Mar 2025 | Publisher - BCC Publishing | Code - EGY142C

The global market for grid-scale electricity storage technologies is estimated to grow from $40.7 billion in 2024 to reach $151.2 billion by the end of 2029, at a compound annual growth rate (CAGR) of 30.0% from 2024 through 2029.

Solar Energy Markets

Published - Aug 2022 | Publisher - BCC Publishing | Code - EGY165B

The global market for solar power technologies is estimated to increase from $182.5 billion in 2022 to $371.7 billion by 2027, at a compound annual growth rate (CAGR) of 15.3% during 2022-2027.

Track the Latest Global Tariff Developments

In today's fast-paced global economy, tariffs are no longer static—they are dynamic levers shaped by geopolitical realignments, supply chain vulnerabilities, inflationary pressures, and sustainability-driven trade reforms. As governments worldwide recalibrate their trade strategies, businesses are left to navigate a maze of shifting rules, rising costs, and regulatory uncertainty.

Our analysis empowers you with real-time updates and in-depth expert analysis on all facets of global tariff activity. From new trade agreements and sanctions to abrupt tariff hikes and retaliatory duties, we monitor developments across borders, sectors, and industries—so you don't have to.

Whether it's the ongoing U.S.–China trade dynamics, the evolving EU Carbon Border Adjustment Mechanism (CBAM), or the emerging policies in India, ASEAN, and Latin America, we provide full-spectrum coverage. We also track multilateral trade negotiations, World Trade Organization (WTO) rulings, and sector-specific duty structures—ensuring you are always ahead of global trade shifts.

With our analysis, you can stay informed, identify risks, and confidently respond to tariff changes—no matter where you operate.

Ready to see what tariff means for your business?

Consult with our experts or request your custom Tariff Impact Brife today

Stay Informed, Stay Competitive

In today's interconnected and unpredictable global economy, staying ahead of tariff shifts is not just important—it's essential. BCC Research provides decision-makers with trusted, research-driven insights that turn uncertainty into opportunity.

Our in-depth market analysis and trade intelligence help you decode how tariff changes impact your specific sector—manufacturing, healthcare, technology, agriculture, or energy. We break down complex data into actionable knowledge through comprehensive reports, expert commentaries, and sector-focused forecasts.

Our analysis includes:

  • Thorough breakdowns of current and proposed tariff policies and how they affect regional and global trade flows.
  • Sector-specific implications, helping you understand the strategic impact on sourcing, pricing, and competitiveness.
  • Forward-looking insights to support risk management, planning, and response strategies for evolving trade conditions.

With BCC Research, you gain more than just information—you gain clarity and confidence to make well-informed decisions in a volatile trade environment.

Don't let tariffs catch you off guard—let our insights guide your strategy.

This is an Excel-only version of the report.

Report Includes

    Total Number of Tables in this Report: 48

  • Summary Table: Global Market for Bifacial Solar, by Region, Through 2028
  • Table 1: Number of Patents Published on Bifacial Solar, 2021-2023
  • Table 2: Global Market for Bifacial Solar, by Panel Type, Through 2028
  • Table 3: Global Market for Bifacial Solar, by Module Type, Through 2028
  • Table 4: Global Market for Bifacial Solar, by Frame Type, Through 2028
  • Table 5: Global Market for Bifacial Solar, by Installation, Through 2028
  • Table 6: Global Market for Bifacial Solar, by Application, Through 2028
  • Table 7: Global Market for Bifacial Solar, by Region, Through 2028
  • Table 8: North American Market for Bifacial Solar, by Country, Through 2028
  • Table 9: North American Market for Bifacial Solar, by Panel Type, Through 2028
  • Table 10: North American Market for Bifacial Solar, by Module Type, Through 2028
Sample Report

Recent Reports

Biofuels: Global Markets

Published - Dec 2025 | Publisher - BCC Publishing | Code - EGY064F

The global market for biofuels is expected to grow from $150.9 billion in 2025 to reach $194.7 billion by the end of 2030, at a compound annual growth rate (CAGR) of 5.2% from 2025 through 2030.

Solid Oxide Fuel Cells: Technologies and Global Markets

Published - Nov 2025 | Publisher - BCC Publishing | Code - EGY048F

The global market for solid oxide fuel cells (SOFC) is expected to grow from $3.2 billion in 2025 and is projected to reach $9.6 billion by the end of 2030, at a compound annual growth rate (CAGR) of 24.4% during the forecast period of 2025 to 2030.

State of the Energy & Sustainability Industry - Third Quarter Review

Published - Oct 2025 | Publisher - BCC Publishing | Code - EGY206A

Explore global energy market dynamics in BCC Research’s Q3 2025 analysis—covering renewables, oil, gas, and the growing role of AI in energy innovation.

Global Floating Offshore Wind Energy Market

Published - Aug 2025 | Publisher - BCC Publishing | Code - EGY205A

The global market for floating offshore wind energy is estimated to grow from $1.7 billion in 2025 to $18 billion by the end of 2030, at a compound annual growth rate (CAGR) of 60.1% from 2025 to 2030.

Global White Hydrogen Market

Published - Jun 2025 | Publisher - BCC Publishing | Code - EGY203A

The report provides an analysis of the global market for white hydrogen. Using 2024 as the base year, the report provides estimated market data for 2025 through 2030. The market in this report is segmented into by source, by application, and by region. The report concludes with profiles of the major players in the market.

Top Trending Reports

Contract Manufacturing of Medical Devices: Global Markets

Published - Nov 2025 | Publisher - BCC Publishing | Code - MDS039B

The global market for contract manufacturing of medical devices is estimated to grow from $96.4 billion in 2025 to reach $155.2 billion by 2030, at a compound annual growth rate (CAGR) of 10% from 2025 to 2030.

Bioprocess Filtration: Global Markets

Published - Oct 2025 | Publisher - BCC Publishing | Code - MDS043B

The global market for bioprocess filtration is estimated to grow from $8.4 billion in 2025 to reach $15.6 billion by 2030, at a compound annual growth rate (CAGR) of 13.1% from 2025 through 2030.

Global Data Center Market

Published - Jul 2025 | Publisher - BCC Publishing | Code - IFT320A

The global market for data centers is expected to grow from $418.2 billion in 2025 and is projected to reach $691.6 billion by the end of 2030, at a compound annual growth rate (CAGR) of 10.6% during the forecast period of 2025 to 2030.

Biological Therapies for Cancer: Technologies and Global Markets

Published - Nov 2025 | Publisher - BCC Publishing | Code - BIO048E

The global biological therapies market for cancer is expected to grow from $157 billion in 2025 and is projected to reach $225 billion by the end of 2030, at a compound annual growth rate (CAGR) of 7.5% during the forecast period of 2025 to 2030.

Immunotherapy Drugs: Global Markets

Published - Nov 2025 | Publisher - BCC Publishing | Code - PHM249B

The global immunotherapy drugs market is expected to grow from $260.7 billion in 2025 and is projected to reach $467.4 billion by the end of 2030, at a compound annual growth rate (CAGR) of 12.4% during the forecast period of 2025 to 2030.

Become A Member

BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.

Find Out More

Custom Consulting

BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.

Customize Now

Scorecard

The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.

Find Out More

Innovation Spotlight

Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.

Find Out More
Global Bifacial Solar Market
Customize Report
AI Sentiment