Global Bifacial Solar Technology Market

reogma|Global Bifacial Solar Technology Market

The market size of the global bifacial solar technology market is valued at USD 2.87 billion in the year 2020. It is expected to grow at the CAGR of 15.26% within the forecasted time horizon of 2020-2025 because of increasing installations of bifacial modules, reduction of energy manufacturing costs, governmental initiatives to promote the use of solar technology, and increased efficiency and durability of the bifacial solar panels.

However, unpredictability of the power output and high installation costs might restrain the growth and development of this market. Its market value will reach USD 5.78 billion by the end of the year 2025.

  • Definition / Scope
  • Market Overview
  • Market Risks
  • Top Market Opportunities
  • Market Drivers
  • Market Restraints
  • Industry Challenges
  • Technology Trends
  • Pricing Trends
  • Regulatory Trends
  • Market Size and Forecast
  • Market Outlook
  • Technology Roadmap
  • Distribution Chain Analysis
  • Competitive Factors
  • Key Market Players
  • Strategic Conclusion
  • References
  • Appendix

Definition / Scope

The bifacial solar is the next generation technology with the capacity to produce the energy from the both sides at a same time. The bifacial solar panel absorbs the light from the back and front sides allowing the better use of the albedo light. It consists of bifacial solar cells and back cover glass in which the unabsorbed photos are absorbed by bouncing off of any adjacent surface.

The adoption of the bifacial solar increases the efficiency of the solar cell and reduces delamination, moisture corrosion and microcracks. It has low degradation rate, low cell temperature, high fire resistance index, mechanical strength and less bending. Bifacial modules have 3% less front surface output and have almost 30% increase in power generation.

Based on the mounted type, the global bifacial solar technology market consists of tracking and fixed-tilt type. As the application of this market is considered, the bifacial solar technology is used in residential, industrial and commercial sector.

Based on the solar cell technology, the global bifacial solar technology market is comprised of conventional crystalline silicon positively charged mono passive emitter & rear contact technology (c-Si p type mono PERC), conventional crystalline silicon positively charged multi passive emitter & rear contact technology (c-Si p type multi-PERC), conventional crystalline silicon positively charged multi aluminum back surface field technology (c-Si p type multi-AI BSF), and others.

reogma|Global Bifacial Solar Technology Market


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The market size of the global bifacial solar technology market is valued at USD 2.87 billion in the year 2020. It is expected to grow at the CAGR of 15.26% within the forecasted time horizon of 2020-2025 because of increasing installations of bifacial modules, reduction of energy manufacturing costs, governmental […]
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