Bifacial Solar Market Size, Share & Trends Analysis Report By Type (Dual-glass Bifacial Solar, Glass-backsheet Bifacial Solar), By Frame Type (Framed Bifacial Solar, Frameless Bifacial Solar), By Technology, By Application, By Region, And Segment Forecast

Bifacial Solar Market Size, Share & Trends Analysis Report By Type (Dual-glass Bifacial Solar, Glass-backsheet Bifacial Solar), By Frame Type (Framed Bifacial Solar, Frameless Bifacial Solar), By Technology, By Application, By Region, And Segment Forecasts, 2024 - 2030

Bifacial Solar Market Size & Trends

The global bifacial solar market size was estimated at USD 16.07 billion in 2023 and is expected to grow at a CAGR of 15.1% from 2024 to 2030. Increasing demand for solar energy as countries and businesses aim to transition to cleaner energy sources, bifacial solars are gaining popularity due to their ability to generate more electricity compared to traditional monofacial panels in the same space. The growing demand for solar installations is a major driver for the market.

Government policies and incentives play a crucial role in shaping the solar energy market. Supportive regulations, subsidies, and tax incentives provided by various countries and regions can drive the adoption of Bifacial Solars. As more countries focus on renewable energy targets, the demand for bifacial panels is expected to rise.

Global Bifacial Solar Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global bifacial solar market report based on type, frame type, technology, application, and region:

• Type Outlook (Revenue, USD Million; Volume, Units, 2018 - 2030)
• Dual-glass bifacial solar
• Glass-backsheet bifacial solar
• Frame Type Outlook (Revenue, USD Million; Volume, Units, 2018 - 2030)
• Framed bifacial solar
• Frameless bifacial solar
• Technology Outlook (Revenue, USD Million; Volume, Units, 2018 - 2030)
• Passivated emitter rear contact (PERC)
• TOPCon
• Heterojunction (HJT)
• Application Outlook (Revenue, USD Million; Volume, Units, 2018 - 2030)
• Residential
• Commercial & Industrial
• Utilities
• Regional Outlook (Revenue, USD Million; Volume, Units, 2018 - 2030)
• North America
• U.S.
• Canada
• Mexico
• Europe
• Germany
• UK
• Italy
• Spain
• France
• Russia
• Asia Pacific
• China
• India
• Japan
• Australia
• Central & South America
• Brazil
• Argentina
• Middle East & Africa
• Saudi Arabia
• South Africa
• UAE

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