Bifacial Solar Market Analysis

  • Report ID: 3690
  • Published Date: Sep 19, 2024
  • Report Format: PDF, PPT

Bifacial Solar Market Analysis

The bifacial solar market is segmented by end-user into residential, industrial, commercial, and others, out of which, the commercial segment is anticipated to hold the notable share in the market over the forecast period on account of rapid commercialization of solar plants, and increasing investment in renewable energy sources by government and private-sector companies. Bifacial solar can generate a larger amount of solar electricity, which is further estimated to boost the segment growth. 

Our in-depth analysis of the global market includes the following segments:

           Type

  • Framed
  • Frameless

             End-User

  • Residential
  • Industrial
  • Commercial
  • Other
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Browse Key Market Insights with Data Illustration:


Author Credits:  Dhruv Bhatia


  • Report ID: 3690
  • Published Date: Sep 19, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing government initiatives to promote the use of solar energy, and higher capacity of bifacial solar are the major factors driving the market growth.

The market is anticipated to attain ~15% CAGR over the forecast period, i.e., 2022-2030.

Lack of proper infrastructure is one of the factors estimated to hamper the market growth.

The market in Asia Pacific is estimated to garner the largest market share owing to the large number of commercial solar farms in the region.

The major players in the market are Trina Solar Co., Ltd, TATA Power Solar Systems Limited, JA Solar Technology Co., Ltd., ISOVOLTAIC AG, UAB Soli Tek Cells, and others.
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