Global Bifacial Solar Market Size & Outlook, 2025-2030
Global bifacial solar market, 2018-2030 (US$M)
Related Markets
Global bifacial solar market highlights
- The global bifacial solar market generated a revenue of USD 18,432.5 million in 2024 and is expected to reach USD 42,787.1 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 15.1% by 2030.
- In terms of segment, passivated emitter rear contact (perc) accounted for a revenue of USD 9,353.1 million in 2024.
- Passivated emitter rear contact (PERC) is the most lucrative technology segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, Canada is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 18,432.5 million |
| Market revenue in 2030 | USD 42,787.1 million |
| Growth rate | 15.1% (CAGR from 2025 to 2030) |
| Largest segment | Passivated emitter rear contact (perc) |
| Fastest growing segment | Passivated emitter rear contact (PERC) |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | TOPCon, Passivated emitter rear contact (PERC), Heterojunction (HJT) |
Other key industry trends
- In terms of revenue, the North America accounted for 12.1% of the global bifacial solar market in 2024.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 772.6 million by 2030.
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Bifacial Solar Market Scope
Bifacial Solar Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Yingli Green Energy Holding | View profile | 10001+ | Baoding, Hebei, China, Asia | http://www.yinglisolar.com/en/ |
| LONGi Solar | View profile | 1001-5000 | Xian Shi, Shaanxi, China, Asia | https://en.longi-solar.com/ |
| TRINA SOLAR LTD | View profile | 10001+ | Changzhou, Zhejiang, China, Asia | http://www.trinasolar.com/ |
| Lumos Diagnostics Holdings Ltd Ordinary Shares | View profile | - | 2724 Loker Ave West, Carlsbad, CA, United States, 92010 | https://www.lumosdiagnostics.com |
| LG Electronics Inc ADR | View profile | 35111 | Twin Tower 128, Yeoui-daero, Yeongdeungpo-gu, Seoul, Korea, Republic of, 07336 | https://www.lge.co.kr |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
Global bifacial solar market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bifacial solar market will help companies and investors design strategic landscapes.
Passivated emitter rear contact (perc) was the largest segment with a revenue share of 50.74% in 2024. Horizon Databook has segmented the Global bifacial solar market based on topcon, passivated emitter rear contact (perc), heterojunction (hjt) covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Bifacial Solar Technology Outlook (Revenue, USD Million, 2018-2030)
- Passivated emitter rear contact (PERC)
- TOPCon
- Heterojunction (HJT)
- Global Bifacial Solar Type Outlook (Revenue, USD Million, 2018-2030)
- Dual-glass bifacial solar
- Glass-backsheet bifacial solar
- Global Bifacial Solar Frame Type Outlook (Revenue, USD Million, 2018-2030)
- Framed bifacial solar
- Frameless bifacial solar
- Global Bifacial Solar Application Outlook (Revenue, USD Million, 2018-2030)
- Utilities
- Commercial & Industrial
- Residential
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Target buyers of Global bifacial solar market databook
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Our clientele includes a mix of bifacial solar market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global bifacial solar market , including forecasts for subscribers. This global databook contains high-level insights into Global bifacial solar market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global bifacial solar market size, by regions, 2018-2030 (US$M)
Top 10 countries: Bifacial solar market size, 2024 (US$M)
Global bifacial solar market share, by type, 2024 & 2030 (%, US$M)
Bifacial solar market: Opportunity assessment by country
Global bifacial solar market, by region, 2024 (US$M)
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