両面受光型太陽光発電市場 – 2029年までの世界予測

Report Overview

The global bifacial solar market is estimated to grow from USD 18.5 billion in 2024 to USD 37.6 billion by 2029; it is expected to record a CAGR of 15.2% during the forecast period.

世界の両面受光型太陽光発電市場は、2024年の185億米ドルから2029年までに376億米ドルに成長すると推定されています。予測期間中に 15.2% の CAGR を記録すると予想されます。

Bifacial solar panels are increasingly achieving grid parity across various global markets, positioning them as viable competitors to conventional energy sources. This parity is driven by advancements in technology and manufacturing efficiencies, which have lowered production costs significantly. Coupled with supportive policies and incentives from governments, these panels offer not only enhanced energy capture from both sides but also improved overall economic feasibility.

両面受光型ソーラーパネルは、さまざまな世界市場でますますグリッドパリティを達成しており、従来のエネルギー源に対する有力な競争相手として位置付けられています。この同等性は、技術と製造効率の進歩によってもたらされ、生産コストが大幅に低下しました。政府からの支援政策やインセンティブと相まって、これらのパネルは、双方からのエネルギー回収を強化するだけでなく、全体的な経済的実現可能性も向上させます。

“Passivated Emitter Rear Contact (PERC)”: The largest segment of the bifacial solar market, by cell technology“

Based on cell technology, the bifacial solar market has been segmented into Passivated Emitter Rear Contact (PERC), TOPCon, and Heterojunction (HJT). The Passivated Emitter Rear Contact (PERC) segment is expected to be the largest segment during the forecast period. PERC cells demonstrate robust compatibility with cutting-edge advancements such as half-cut cells and multi-busbar designs, significantly amplifying overall panel performance. This synergy enhances energy generation efficiency and durability, optimizing the utilization of sunlight in both conventional and bifacial solar panel configurations. This integration not only boosts power output but also contributes to the scalability and cost-effectiveness of solar energy systems, reinforcing PERC technology’s position as a pivotal driver in the evolving solar market landscape.

“By type, the Glass-backsheet Bifacial Solar segment is expected to be the second largest segment during the forecast period.”

Based on type, the bifacial solar market is segmented into glass-backsheet bifacial solar, and dual-glass bifacial solar. The glass-backsheet bifacial solar segment is expected to be the second largest segment of the bifacial solar market during the forecast period. As manufacturers refine their processes, such as the lamination of glass backsheet materials and the application of bifacial cell technology, production efficiencies improve. These advancements not only enhance the overall performance and durability of bifacial panels but also contribute to significant cost reductions over time. Moreover, innovations in materials science and engineering contribute to cost savings by improving the reliability and longevity of glass-backsheet panels, reducing maintenance costs and enhancing their overall lifetime value. Combined with supportive regulatory frameworks and increasing investor confidence in renewable energy technologies, these cost reduction efforts foster a favorable environment for the widespread adoption of glass-backsheet bifacial solar panels in both residential and utility-scale solar installations.

“Asia Pacific” is expected to be the largest region in the bifacial solar market.”

Asia pacific is expected to be the largest region in the bifacial solar market during the forecast period. Enhanced grid integration capabilities and improved grid stability are pivotal factors bolstering the feasibility and attractiveness of deploying bifacial solar projects across the Asia-Pacific region. As countries in this region continue to expand their renewable energy capacities, the integration of bifacial solar into existing grids becomes increasingly seamless. This advancement not only supports the reliability of electricity supply but also facilitates the efficient management of fluctuating renewable energy sources. Furthermore, advancements in grid technology tailored to regional climatic conditions and energy consumption patterns further optimize the performance of bifacial solar installations, promoting their widespread adoption as a sustainable energy solution in the Asia-Pacific context.

Breakdown of Primaries:

In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information and assess future market prospects. The distribution of primary interviews is as follows:

• By Company Type: Tier 1- 65%, Tier 2- 24%, and Tier 3- 11%
• By Designation: C-Level- 30%, Director Level- 25%, and Others- 45%
• By Region: North America- 10%, Europe- 25%, Asia Pacific- 35%, Middle East – 5%, Africa – 15%, South America – 10%

Note: Others include sales managers, engineers, and regional managers.

Note: The tiers of the companies are defined on the basis of their total revenues as of 2022. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion,  and Tier 3: < USD 500 million

The bifacial solar market is dominated by a few major players that have a wide regional presence. The leading players in the bifacial solar market are LONGi (China), Trinasolar (China), Canadian Solar (Canada), JA SOLAR Technology Co., Ltd. (China), and SHARP CORPORATION (Japan). The major strategy adopted by the players includes new product launches, contracts, agreements, partnerships, joint ventures, acquisitions, and investments & expansions.

Research Coverage:

The report defines, describes, and forecasts the global bifacial solar Market based on type, frame type, cell technology, application, and region. The report comprehensively reviews the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the bifacial solar market.

Key Benefits of Buying the Report

• Government initiatives at the national and international levels amplify the impact of investment on the bifacial solar market. Robust policy frameworks, often accompanied by financial incentives, subsidies, and regulatory support, encourage widespread adoption of bifacial solar. Factors such as high initial cost and lack of infrastructure restrain the growth of the market. The growing energy transition towards renewable energy sources and rapid urbanization are expected to present lucrative opportunities for the players operating in the bifacial solar.
• Product Development/ Innovation: The bifacial solar market is witnessing significant product development and innovation, driven by the growing demand for environmentally friendly, safe and sustainable products. Companies are investing in developing advanced bifacial solar for various applications.
• Market Development: Canadian Solar has announced a multi-year agreement with Lightsource BP to supply 1.2 GW of high-efficiency polycrystalline solar modules for projects in the US and Australia. The projects will utilize Canadian Solar’s polycrystalline bifacial BiHiKu (CS3W-PB-AG) and HiKu (CS3W-P) modules. Canadian Solar, known globally for its solar cell and module innovations, specializes in bifacial modules that generate power from both the front and rear sides, increasing output compared to standard monofacial modules. The BiHiKu bifacial modules, noted for their high output, are expected to maximize power generation within limited plant areas.
• Market Diversification: Canadian Solar has announced the establishment of a new 5 GW solar PV cell manufacturing facility at the River Ridge Commerce Center in Jeffersonville, Indiana. This state-of-the-art plant will produce approximately 20,000 high-power modules daily, contributing significantly to solar energy production. Representing an investment exceeding $800 million, the facility is projected to generate about 1,200 skilled high-tech jobs once fully operational. The solar cells manufactured here will support Canadian Solar’s module assembly plant in Mesquite, Texas, with production set to commence by the end of 2025.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players, like include LONGi (China), Trinasolar (China), Canadian Solar (Canada), JA SOLAR Technology Co., Ltd. (China), and SHARP CORPORATION (Japan) among others in the bifacial solar market.

Table of Contents

1               INTRODUCTION              24

1.1           STUDY OBJECTIVES       24

1.2           MARKET DEFINITION   25

1.3           INCLUSIONS AND EXCLUSIONS 25

1.4           STUDY SCOPE   26

1.4.1        BIFACIAL SOLAR MARKET SEGMENTATION        26

1.4.2        YEARS CONSIDERED      26

1.5           CURRENCY CONSIDERED            27

1.6           UNITS CONSIDERED      27

1.7           LIMITATIONS    27

1.8           STAKEHOLDERS               27

1.9           RECESSION IMPACT       28

2               RESEARCH METHODOLOGY       29

2.1           RESEARCH DATA              29

2.2           SECONDARY AND PRIMARY RESEARCH 30

2.2.1        SECONDARY DATA          30

2.2.1.1    List of major secondary sources         30

2.2.1.2    Key data from secondary sources       30

2.2.2        PRIMARY DATA 31

2.2.2.1    List of primary interview participants               31

2.2.2.2    Key industry insights           31

2.2.2.3    Breakdown of primary interviews      32

2.2.2.4    Key data from primary sources           32

2.3           MARKET BREAKDOWN AND DATA TRIANGULATION                 33

2.4           MARKET SIZE ESTIMATION         34

2.4.1        BOTTOM-UP APPROACH              34

2.4.2        TOP-DOWN APPROACH                35

2.4.3        DEMAND-SIDE ANALYSIS             36

2.4.3.1    Calculations for demand-side analysis              36

2.4.4        SUPPLY-SIDE ANALYSIS                 37

2.4.4.1    Assumptions for supply-side analysis                38

2.4.4.2    Calculations for supply-side analysis 38

2.5           GROWTH FORECAST ASSUMPTIONS      39

2.5.1        RESEARCH LIMITATIONS             39

2.5.2        RISK ASSESSMENT           40

2.5.3        IMPACT OF RECESSION ON BIFACIAL SOLAR MARKET                 40

3               EXECUTIVE SUMMARY  41

4               PREMIUM INSIGHTS       45

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN BIFACIAL SOLAR MARKET            45

4.2           BIFACIAL SOLAR MARKET, BY REGION  46

4.3           BIFACIAL SOLAR MARKET, BY TYPE        46

4.4           BIFACIAL SOLAR MARKET, BY FRAME TYPE         47

4.5           BIFACIAL SOLAR MARKET, BY CELL TECHNOLOGY                 47

4.6           BIFACIAL SOLAR MARKET, BY APPLICATION      48

5               MARKET OVERVIEW       49

5.1           INTRODUCTION              49

5.2           MARKET DYNAMICS       50

5.2.1        DRIVERS               50

5.2.1.1    Declining costs of bifacial solar panels              50

5.2.1.2    Higher efficiency and durability         51

5.2.2        RESTRAINTS      51

5.2.2.1    Complexity of installations 51

5.2.2.2    Dependence on albedo        51

5.2.3        OPPORTUNITIES              52

5.2.3.1    Government initiatives on bifacial solar technology       52

5.2.3.2    Emergence of advanced technologies such as TOPCon and IBC                 52

5.2.4        CHALLENGES    53

5.2.4.1    Grid injection challenges    53

5.2.4.2    Competition from other energy sources           53

5.3           TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES       54

5.4           PRICING ANALYSIS          55

5.4.1        AVERAGE PRICE TREND OF BIFACIAL SOLAR, BY REGION                55

5.4.2        INDICATIVE PRICE TREND OF BIFACIAL SOLAR, BY CELL TECHNOLOGY       56

5.5           SUPPLY CHAIN ANALYSIS             57

5.5.1        RAW MATERIAL PROVIDERS       57

5.5.2        BIFACIAL SOLAR MANUFACTURERS        57

5.5.3        BIFACIAL SOLAR SUPPLIERS       57

5.5.4        END USERS         58

5.6           ECOSYSTEM ANALYSIS  58

5.7           TECHNOLOGY ANALYSIS             59

5.7.1        KEY TECHNOLOGIES     59

5.7.1.1    Monocrystalline    59

5.7.1.2    Polycrystalline       60

5.7.1.3    Nanocrystalline     60

5.7.2        COMPLEMENTARY TECHNOLOGIES       60

5.7.2.1    P–Type solar panels             60

5.7.2.2    N–Type solar panels             61

5.7.2.3    P-N Type solar panels         61

5.7.3        ADJACENT TECHNOLOGIES       61

5.7.3.1    Monofacial solar panel         61

5.7.3.2    Perovskite solar cells            62

5.8           CASE STUDY ANALYSIS 62

5.8.1        SHARP HELPED BIG C SUPERMARKET (THAILAND) IN INSTALLATION OF ROOFTOP SOLAR PANELS    62

5.8.2        HEWLETT PACKARD (HP) INSTALLED SOLAR PANELS ON ITS ROOFTOPS WITH HELP OF SHARP (JAPAN)          62

5.8.3        ASHOK TEXTILES’ STRATEGIES FOR TERRAIN-DRIVEN EFFICIENCY       63

5.9           PATENT ANALYSIS          64

5.9.1        LIST OF MAJOR PATENTS             65

5.10         TRADE ANALYSIS             67

5.10.1      HS CODE 854143                67

5.10.1.1  Export scenario     67

5.10.1.2  Import scenario     68

5.10.2      HS CODE 854142                69

5.10.2.1  Export scenario     69

5.10.2.2  Import scenario     70

5.11         KEY CONFERENCES AND EVENTS             71

5.12         REGULATORY LANDSCAPE         72

5.12.1      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             72

5.12.2      BIFACIAL SOLAR MARKET: REGULATORY FRAMEWORK                 75

5.13         PORTER’S FIVE FORCES ANALYSIS            76

5.13.1      THREAT OF SUBSTITUTES          77

5.13.2      BARGAINING POWER OF SUPPLIERS       77

5.13.3      BARGAINING POWER OF BUYERS             77

5.13.4      THREAT OF NEW ENTRANTS      77

5.13.5      INTENSITY OF COMPETITIVE RIVALRY 77

5.14         KEY STAKEHOLDERS AND BUYING CRITERIA     78

5.14.1      KEY STAKEHOLDERS IN BUYING PROCESS           78

5.14.2      BUYING CRITERIA           78

5.15         INVESTMENT AND FUNDING SCENARIO               79

6               BIFACIAL SOLAR MARKET, BY POWER CAPACITY                 80

6.1           INTRODUCTION              80

6.2           UPTO 200 WP     80

6.3           200−400 WP        80

6.4           ABOVE 400 WP  82

7               BIFACIAL SOLAR MARKET, BY TYPE        87

7.1           INTRODUCTION              88

7.2           DUAL-GLASS BIFACIAL SOLAR   89

7.2.1        ENHANCED DURABILITY TO DRIVE DEMAND FOR DUAL-GLASS SEGMENT                89

7.3           GLASS-BACKSHEET BIFACIAL SOLAR      90

7.3.1        GOVERNMENT POLICIES TO BOOST ADOPTION OF GLASS-BACKSHEET BIFACIAL SOLAR TECHNOLOGY       90

8               BIFACIAL SOLAR MARKET, BY PANEL TYPE         92

8.1           INTRODUCTION              92

8.2           MONOCRYSTALLINE      92

8.2.1        LONGEVITY AND EFFICIENCY OF MONOCRYSTALLINE SOLAR PANELS T0 DRIVE MARKET           92

8.3           POLYCRYSTALLINE         93

8.3.1        LOWERING INVESTMENT BARRIERS IN POLYSILICON MANUFACTURING TO FUEL MARKET GROWTH                93

9               BIFACIAL SOLAR MARKET, BY FRAME TYPE         94

9.1           INTRODUCTION              95

9.2           FRAMED BIFACIAL SOLAR            96

9.2.1        ASIA PACIFIC TO BE FASTEST-GROWING MARKET FOR FRAMED

BIFACIAL SOLAR               96

9.3           FRAMELESS BIFACIAL SOLAR     97

9.3.1        LOWER MAINTENANCE REQUIREMENTS IN EXTREME WEATHER

CONDITIONS TO FUEL MARKET               97

10            BIFACIAL SOLAR MARKET, BY CELL TECHNOLOGY                 99

10.1         INTRODUCTION              100

10.2         PASSIVATED EMITTER AND REAR CONTACT (PERC)                 101

10.2.1      STRENGTHENING GRID STABILITY WITH COMMUNITY SOLAR AND

PERC PANELS TO DRIVE MARKET             101

10.3         HETEROJUNCTION (HJT)             102

10.3.1      INNOVATIONS IN LID RESISTANCE WITH HJT SOLAR CELLS TO FUEL

MARKET GROWTH          102

10.4         TOPCON              103

10.4.1      OPTIMAL PERFORMANCE OF TOPCON CELLS IN FREEZING CLIMATES TO SUPPORT MARKET GROWTH  103

10.5         OTHER CELL TECHNOLOGIES   104

10.5.1      PASSIVATED EMITTER REAR LOCALLY-DIFFUSED (PERL)  104

10.5.2      INTERDIGITATED BACK CONTACT (IBC)             105

10.5.3      PASSIVATED EMITTER REAR TOTALLY DIFFUSED (PERT)  105

11            BIFACIAL SOLAR MARKET, BY APPLICATION      106

11.1         INTRODUCTION              107

11.2         RESIDENTIAL    108

11.2.1      ASIA PACIFIC TO BE LARGEST MARKET FOR BIFACIAL SOLAR IN RESIDENTIAL SECTOR               108

11.3         COMMERCIAL & INDUSTRIAL    109

11.3.1      RISING ELECTRICITY COSTS AND SHIFT TOWARDS SOLAR POWER TECHNOLOGY TO FUEL MARKET              109

11.4         UTILITIES            110

11.4.1      ENVIRONMENTAL BENEFITS OF SOLAR POWER PLANTS TO SUPPORT MARKET GROWTH              110

12            BIFACIAL SOLAR MARKET, BY REGION  112

12.1         INTRODUCTION              113

12.2         ASIA PACIFIC     115

12.2.1      RECESSION IMPACT: ASIA PACIFIC          116

12.2.2      BY TYPE               117

12.2.3      BY FRAME TYPE                117

12.2.4      BY CELL TECHNOLOGY                 118

12.2.5      BY APPLICATION             118

12.2.6      BY COUNTRY     119

12.2.6.1  China      120

12.2.6.1.1                China to remain dominant market in Asia Pacific                 120

12.2.6.2  Japan      121

12.2.6.2.1                Government initiatives to drive market growth                 121

12.2.6.3  South Korea           122

12.2.6.3.1                Utilities segment to be largest end user of bifacial solar                 122

12.2.6.4  Australia 122

12.2.6.4.1                Commercial & industrial application to register highest CAGR during forecast period             122

12.2.6.5  India       123

12.2.6.5.1                Strong government initiatives for renewable energy to drive market          123

12.2.6.6  Rest of Asia Pacific               124

12.3         NORTH AMERICA             125

12.3.1      RECESSION IMPACT: NORTH AMERICA 126

12.3.2      BY TYPE               126

12.3.3      BY FRAME TYPE                127

12.3.4      BY CELL TECHNOLOGY                 127

12.3.5      BY APPLICATION             128

12.3.6      BY COUNTRY     129

12.3.6.1  US           130

12.3.6.1.1                Federal policies boosting solar energy integration to support market growth        130

12.3.6.2  Canada   131

12.3.6.2.1                Canada to witness scalable production and innovation in solar modules        131

12.3.6.3  Mexico   132

12.3.6.3.1                Utilities segment to be largest end user of bifacial solar                 132

12.4         EUROPE               132

12.4.1      RECESSION IMPACT: EUROPE    133

12.4.2      BY TYPE               133

12.4.3      BY FRAME TYPE                133

12.4.4      BY CELL TECHNOLOGY                 134

12.4.5      BY APPLICATION             134

12.4.6      BY COUNTRY     135

12.4.6.1  Germany                 136

12.4.6.1.1                Government initiatives to support market growth                 136

12.4.6.2  Italy         137

12.4.6.2.1                Utilities to be fastest-growing application of bifacial

solar in Italy           137

12.4.6.3  Netherlands           138

12.4.6.3.1                Investments and clean energy initiatives fueling

market growth       138

12.4.6.4  Spain      139

12.4.6.4.1                Energy transformation targets to support market growth                 139

12.4.6.5  France    140

12.4.6.5.1                Supportive legislation to drive market growth in France                 140

12.4.6.6  Rest of Europe      141

12.5         REST OF THE WORLD    142

12.5.1      RECESSION IMPACT: NORTH AMERICA 142

12.5.2      BY TYPE               142

12.5.3      BY FRAME TYPE                143

12.5.4      BY CELL TECHNOLOGY                 143

12.5.5      BY APPLICATION             144

12.5.6      BY COUNTRY     145

12.5.6.1  Middle East & Africa            146

12.5.6.1.1                Increased investments in renewable energy to drive market    146

12.5.6.2  South America      146

12.5.6.2.1                Brazil to be major driver of bifacial solar market in South America 146

13            COMPETITIVE LANDSCAPE         147

13.1         OVERVIEW          147

13.2         STRATEGIES ADOPTED BY KEY PLAYERS              147

13.3         MARKET SHARE ANALYSIS           150

13.4         MARKET EVALUATION FRAMEWORK     152

13.5         SEGMENTAL REVENUE ANALYSIS OF TOP MARKET PLAYERS              153

13.6         COMPANY VALUATION AND FINANCIAL METRICS                 153

13.7         BRAND/PRODUCT COMPARISON             154

13.8         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023                 155

13.8.1      STARS   155

13.8.2      EMERGING LEADERS     155

13.8.3      PERVASIVE PLAYERS      155

13.8.4      PARTICIPANTS 155

13.8.5      COMPANY FOOTPRINT, KEY PLAYERS   157

13.8.5.1  Overall footprint   157

13.8.5.2  Region footprint   159

13.8.5.3  Type footprint       160

13.8.5.4  Frame type footprint            161

13.8.5.5  Cell technology footprint     162

13.8.5.6  Panel type footprint              163

13.8.5.7  Application footprint            164

13.9         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023        165

13.9.1      PROGRESSIVE COMPANIES         165

13.9.2      RESPONSIVE COMPANIES            165

13.9.3      DYNAMIC COMPANIES  165

13.9.4      STARTING BLOCKS         165

13.9.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023                 167

13.9.5.1  List of key startups/SMEs  167

13.9.5.2  Competitive benchmarking of key startups/SMEs          168

13.10       COMPETITIVE SCENARIO AND TRENDS                169

13.10.1   PRODUCT LAUNCHES   169

13.10.2   DEALS  172

13.10.3   EXPANSIONS     181

13.10.4   OTHER DEVELOPMENTS              182

14            COMPANY PROFILES      184

14.1         KEY PLAYERS     184

14.1.1      LONGI  184

14.1.1.1  Business overview 184

14.1.1.2  Products/Solutions/Services offered 185

14.1.1.3  Recent developments           186

14.1.1.3.1                Product launches  186

14.1.1.3.2                Deals      188

14.1.1.3.3                Other developments             195

14.1.1.4  MnM View             203

14.1.1.4.1                Right to win           203

14.1.1.4.2                Strategic choices   203

14.1.1.4.3                Weaknesses and competitive threats 203

14.1.2      CANADIAN SOLAR           204

14.1.2.1  Business overview 204

14.1.2.2  Products/Solutions/Services offered 205

14.1.2.3  Recent developments           206

14.1.2.3.1                Product launches  206

14.1.2.3.2                Deals      206

14.1.2.3.3                Expansions             211

14.1.2.3.4                Other developments             214

14.1.2.4  MnM View             214

14.1.2.4.1                Right to win           214

14.1.2.4.2                Strategic choices   214

14.1.2.4.3                Weaknesses and competitive threats 215

14.1.3      TRINASOLAR     216

14.1.3.1  Business overview 216

14.1.3.2  Products/Solutions/Services offered 217

14.1.3.3  Recent developments           218

14.1.3.3.1                Product launches  218

14.1.3.3.2                Deals      222

14.1.3.3.3                Expansions             224

14.1.3.3.4                Other developments             226

14.1.3.4  MnM view              229

14.1.3.4.1                Right to win           229

14.1.3.4.2                Strategic choices   229

14.1.3.4.3                Weaknesses and competitive threats 229

14.1.4      SHARP CORPORATION  230

14.1.4.1  Business overview 230

14.1.4.2  Products/Solutions/Services offered 231

14.1.4.3  Recent developments           232

14.1.4.3.1                Product launches  232

14.1.4.3.2                Deals      234

14.1.4.3.3                Other developments             240

14.1.4.4  MnM view              240

14.1.4.4.1                Right to win           240

14.1.4.4.2                Strategic choices   240

14.1.4.4.3                Weaknesses and competitive threats 240

14.1.5      JA SOLAR TECHNOLOGY CO., LTD.          241

14.1.5.1  Business overview 241

14.1.5.2  Products/Solutions/Services offered 242

14.1.5.3  Recent developments           243

14.1.5.3.1                Product launches  243

14.1.5.3.2                Deals      244

14.1.5.3.3                Other developments             245

14.1.5.4  MnM View             246

14.1.5.4.1                Right to win           246

14.1.5.4.2                Strategic choices   247

14.1.5.4.3                Weaknesses and competitive threats 247

14.1.6      JINKO SOLAR     248

14.1.6.1  Business overview 248

14.1.6.2  Products/Solutions/Services offered 249

14.1.6.3  Recent developments           250

14.1.6.3.1                Product launches  250

14.1.6.3.2                Deals      251

14.1.6.3.3                Expansions             254

14.1.6.3.4                Other developments             255

14.1.7      ADANI GROUP  260

14.1.7.1  Business overview 260

14.1.7.2  Products/Solutions/Services offered 261

14.1.7.2.1                Product launches  262

14.1.7.2.2                Deals      262

14.1.8      FIRST SOLAR      266

14.1.8.1  Business overview 266

14.1.8.2  Products/Solutions/Services offered 267

14.1.8.3  Recent developments           268

14.1.8.3.1                Deals      268

14.1.8.3.2                Expansions             275

14.1.8.3.3                Other developments             277

14.1.9      RENEWSYS INDIA PVT. LTD.       280

14.1.9.1  Business overview 280

14.1.9.2  Products/Solutions/Services offered 280

14.1.9.3  Recent developments           281

14.1.9.3.1                Product launches  281

14.1.9.3.2                Deals      282

14.1.9.3.3                Expansions             283

14.1.10   HANWHA QCELLS            284

14.1.10.1                 Business overview 284

14.1.10.2                 Products/Services/Solutions offered 284

14.1.10.3                 Recent developments           285

14.1.10.3.1             Deals      285

14.1.10.3.2             Expansions             289

14.1.10.3.3             Other developments             290

14.1.11   TALESUN SOLAR CO., LTD.          291

14.1.11.1                 Business overview 291

14.1.11.2                 Products/Solutions/Services offered 291

14.1.11.3                 Recent developments           293

14.1.11.3.1             Deals      293

14.1.11.3.2             Expansions             296

14.1.11.3.3             Other developments             298

14.1.12   HD HYUNDAI ENERGY SOLUTIONS., LTD.            301

14.1.12.1                 Business overview 301

14.1.12.2                 Products/Solutions/Services offered 301

14.1.12.3                 Recent developments           302

14.1.12.3.1             Expansions             302

14.1.13   CHINT GROUP  303

14.1.13.1                 Business overview 303

14.1.13.2                 Products/Services/Solutions offered 303

14.1.13.3                 Recent developments           304

14.1.13.3.1             Deals      304

14.1.13.3.2             Other developments             305

14.1.14   SOLAREDGE       306

14.1.14.1                 Business overview 306

14.1.14.2                 Products/Services/Solutions offered 307

14.1.15   TATA POWER SOLAR SYSTEMS LTD.       308

14.1.15.1                 Business overview 308

14.1.15.2                 Products/Services/Solutions offered 308

14.1.15.3                 Recent developments           309

14.1.15.3.1             Product launches  309

14.1.15.3.2             Deals      309

14.1.15.3.3             Expansions             315

14.1.15.3.4             Other developments             316

14.2         OTHER PLAYERS              318

14.2.1      ZNSHINE PV-TECH CO., LTD.     318

14.2.2      YINGLI SOLAR   319

14.2.3      WUXI SUNTECH POWER CO., LTD.           320

14.2.4      CROSSROADS SOLAR     321

14.2.5      SEG SOLAR          322

14.2.6      NEOSUN INC.     323

14.2.7      AUXIN SOLAR INC.           323

14.2.8      SOLITEK               324

14.2.9      SAATVIK SOLAR                325

14.2.10   SILFAB SOLAR INC.          326

15            APPENDIX           327

15.1         INSIGHTS FROM INDUSTRY EXPERTS     327

15.2         DISCUSSION GUIDE        328

15.3         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                333

15.4         CUSTOMIZATION OPTIONS        335

15.5         RELATED REPORTS         335

15.6         AUTHOR DETAILS           336

LIST OF TABLES

TABLE 1                BIFACIAL SOLAR MARKET SNAPSHOT   41

TABLE 2                AVERAGE PRICE TREND OF BIFACIAL SOLAR, BY REGION, 2023–2029 (USD/WP)    55

TABLE 3                INDICATIVE PRICE TREND OF BIFACIAL SOLAR, BY CELL TECHNOLOGY,

2023–2029 (USD/WP)       56

TABLE 4                BIFACIAL SOLAR MARKET: COMPANIES AND THEIR ROLES IN ECOSYSTEM    58

TABLE 5                BIFACIAL SOLAR MARKET: INNOVATIONS AND PATENT REGISTRATIONS,

2020–2024              65

TABLE 6                EXPORT DATA FOR HS CODE 854143, BY COUNTRY,

2022–2023 (USD THOUSAND)      67

TABLE 7                IMPORT SCENARIO FOR HS CODE 854143, BY COUNTRY,

2022–2023 (USD THOUSAND)      68

TABLE 8                EXPORT DATA FOR HS CODE 854142, BY COUNTRY,

2022–2023 (USD THOUSAND)      69

TABLE 9                IMPORT SCENARIO FOR HS CODE 854142, BY COUNTRY,

2022–2023 (USD THOUSAND)      70

TABLE 10              BIFACIAL SOLAR MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2023–2024                 71

TABLE 11              ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  72

TABLE 12              NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  73

TABLE 13              EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  74

TABLE 14              ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  74

TABLE 15              BIFACIAL SOLAR MARKET: REGULATIONS                 75

TABLE 16              BIFACIAL SOLAR MARKET: PORTER’S FIVE FORCES ANALYSIS           76

TABLE 17              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY TYPE          78

TABLE 18              KEY BUYING CRITERIA IN TOP 3 APPLICATIONS                 79

TABLE 19              COMPANIES OFFERING BIFACIAL MODULES UP TO 200 WP           80

TABLE 20              COMPANIES OFFERING 200−400 WP BIFACIAL MODULES           81

TABLE 21              COMPANIES OFFERING ABOVE 400 WP BIFACIAL MODULES           82

TABLE 22              BIFACIAL SOLAR MARKET, BY TYPE, 2019−2023 (USD MILLION) 88

TABLE 23              BIFACIAL SOLAR MARKET, BY TYPE, 2024−2029 (USD MILLION) 89

TABLE 24              DUAL-GLASS BIFACIAL SOLAR MARKET, BY REGION, 2019−2023 (USD MILLION)       89

TABLE 25              DUAL-GLASS BIFACIAL SOLAR MARKET, BY REGION, 2024−2029 (USD MILLION)       90

TABLE 26              GLASS-BACKSHEET BIFACIAL SOLAR MARKET, BY REGION,

2019−2023 (USD MILLION)          90

TABLE 27              GLASS-BACKSHEET BIFACIAL SOLAR MARKET, BY REGION,

2024−2029 (USD MILLION)          91

TABLE 28              BIFACIAL SOLAR MARKET, BY FRAME TYPE, 2019–2023 (USD MILLION)            95

TABLE 29              BIFACIAL SOLAR MARKET, BY FRAME TYPE, 2024–2029 (USD MILLION)            96

TABLE 30              FRAMED BIFACIAL SOLAR MARKET, BY REGION, 2019–2023 (USD MILLION)            96

TABLE 31              FRAMED BIFACIAL SOLAR MARKET, BY REGION, 2024–2029 (USD MILLION)            97

TABLE 32              FRAMELESS BIFACIAL SOLAR MARKET, BY REGION, 2019–2023 (USD MILLION)          98

TABLE 33              FRAMELESS BIFACIAL SOLAR MARKET, BY REGION, 2024–2029 (USD MILLION)          98

TABLE 34              BIFACIAL SOLAR MARKET, BY CELL TECHNOLOGY, 2019–2023 (USD MILLION)            100

TABLE 35              BIFACIAL SOLAR MARKET, BY CELL TECHNOLOGY, 2024–2029 (USD MILLION)            101

TABLE 36              PASSIVATED EMITTER AND REAR CELL (PERC): BIFACIAL SOLAR MARKET,

BY REGION, 2019–2023 (USD MILLION)   101

TABLE 37              PASSIVATED EMITTER AND REAR CELL (PERC): BIFACIAL SOLAR MARKET,

BY REGION, 2024–2029 (USD MILLION)   102

TABLE 38              HETEROJUNCTION (HJT): BIFACIAL SOLAR MARKET, BY REGION,

2019–2023 (USD MILLION)            103

TABLE 39              HETEROJUNCTION (HJT): BIFACIAL SOLAR MARKET, BY REGION,

2024–2029 (USD MILLION)            103

TABLE 40              TOPCON: BIFACIAL SOLAR MARKET, BY REGION, 2019–2023 (USD MILLION)          104

TABLE 41              TOPCON: BIFACIAL SOLAR MARKET, BY REGION, 2024–2029 (USD MILLION)          104

TABLE 42              BIFACIAL SOLAR MARKET, BY APPLICATION, 2019–2023 (USD MILLION)            107

TABLE 43              BIFACIAL SOLAR MARKET, BY APPLICATION, 2024–2029 (USD MILLION)            108

TABLE 44              RESIDENTIAL: BIFACIAL SOLAR MARKET, BY REGION, 2019–2023 (USD MILLION)          108

TABLE 45              RESIDENTIAL: BIFACIAL SOLAR MARKET, BY REGION, 2024–2029 (USD MILLION)          109

TABLE 46              COMMERCIAL & INDUSTRIAL: BIFACIAL SOLAR MARKET, BY REGION,

2019–2023 (USD MILLION)            109

TABLE 47              COMMERCIAL & INDUSTRIAL: BIFACIAL SOLAR MARKET, BY REGION,

2024–2029 (USD MILLION)            110

TABLE 48              UTILITIES: BIFACIAL SOLAR MARKET, BY REGION, 2019–2023 (USD MILLION)          110

TABLE 49              UTILITIES: BIFACIAL SOLAR MARKET, BY REGION, 2024–2029 (USD MILLION)          111

TABLE 50              BIFACIAL SOLAR MARKET, BY REGION, 2019–2023 (USD MILLION)       114

TABLE 51              BIFACIAL SOLAR MARKET, BY REGION, 2024–2029 (USD MILLION)       114

TABLE 52              BIFACIAL SOLAR MARKET, BY REGION, 2019–2023 (MW)            115

TABLE 53              BIFACIAL SOLAR MARKET, BY REGION, 2024–2029 (MW)            115

TABLE 54              ASIA PACIFIC: BIFACIAL SOLAR MARKET, BY TYPE, 2019–2023 (USD MILLION)                117

TABLE 55              ASIA PACIFIC: BIFACIAL SOLAR MARKET, BY TYPE, 2024–2029 (USD MILLION)                117

TABLE 56              ASIA PACIFIC: BIFACIAL SOLAR MARKET, BY FRAME TYPE,

2019–2023 (USD MILLION)            117

TABLE 57              ASIA PACIFIC: BIFACIAL SOLAR MARKET, BY FRAME TYPE,

2024–2029 (USD MILLION)            117

TABLE 58              ASIA PACIFIC: BIFACIAL SOLAR MARKET, BY CELL TECHNOLOGY,

2019–2023 (USD MILLION)            118

TABLE 59              ASIA PACIFIC: BIFACIAL SOLAR MARKET, BY CELL TECHNOLOGY,

2024–2029 (USD MILLION)            118

TABLE 60              ASIA PACIFIC: BIFACIAL SOLAR MARKET, BY APPLICATION,

2019–2023 (USD MILLION)            118

TABLE 61              ASIA PACIFIC: BIFACIAL SOLAR MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            118

TABLE 62              ASIA PACIFIC: BIFACIAL SOLAR MARKET, BY COUNTRY, 2019–2023 (USD MILLION)     119

TABLE 63              ASIA PACIFIC: BIFACIAL SOLAR MARKET, BY COUNTRY, 2024–2029 (USD MILLION)     119

TABLE 64              ASIA PACIFIC: BIFACIAL SOLAR MARKET, BY COUNTRY, 2019–2023 (MW)          119

TABLE 65              ASIA PACIFIC: BIFACIAL SOLAR MARKET, BY COUNTRY, 2024–2029 (MW)          120

TABLE 66              CHINA: BIFACIAL SOLAR MARKET, BY APPLICATION, 2019–2023 (USD MILLION)              120

TABLE 67              CHINA: BIFACIAL SOLAR MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              121

TABLE 68              JAPAN: BIFACIAL SOLAR MARKET, BY APPLICATION, 2019–2023 (USD MILLION)              121

TABLE 69              JAPAN: BIFACIAL SOLAR MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              121

TABLE 70              SOUTH KOREA: BIFACIAL SOLAR MARKET, BY APPLICATION,

2019–2023 (USD MILLION)            122

TABLE 71              SOUTH KOREA: BIFACIAL SOLAR MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            122

TABLE 72              AUSTRALIA: BIFACIAL SOLAR MARKET, BY APPLICATION,

2019–2023 (USD MILLION)            123

TABLE 73              AUSTRALIA: BIFACIAL SOLAR MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            123

TABLE 74              INDIA: BIFACIAL SOLAR MARKET, BY APPLICATION, 2019–2023 (USD MILLION)              124

TABLE 75              INDIA: BIFACIAL SOLAR MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              124

TABLE 76              REST OF ASIA PACIFIC: BIFACIAL SOLAR MARKET, BY APPLICATION,

2019–2023 (USD MILLION)            124

TABLE 77              REST OF ASIA PACIFIC: BIFACIAL SOLAR MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            125

TABLE 78              NORTH AMERICA: BIFACIAL SOLAR MARKET, BY TYPE, 2019–2023 (USD MILLION)                126

TABLE 79              NORTH AMERICA: BIFACIAL SOLAR MARKET, BY TYPE, 2024–2029 (USD MILLION)                127

TABLE 80              NORTH AMERICA: BIFACIAL SOLAR MARKET, BY FRAME TYPE,

2019–2023 (USD MILLION)            127

TABLE 81              NORTH AMERICA: BIFACIAL SOLAR MARKET, BY FRAME TYPE,

2024–2029 (USD MILLION)            127

TABLE 82              NORTH AMERICA: BIFACIAL SOLAR MARKET, BY CELL TECHNOLOGY,

2019–2023 (USD MILLION)            127

TABLE 83              NORTH AMERICA: BIFACIAL SOLAR MARKET, BY CELL TECHNOLOGY,

2024–2029 (USD MILLION)            128

TABLE 84              NORTH AMERICA: BIFACIAL SOLAR MARKET, BY APPLICATION,

2019–2023 (USD MILLION)            128

TABLE 85              NORTH AMERICA: BIFACIAL SOLAR MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            128

TABLE 86              NORTH AMERICA: BIFACIAL SOLAR MARKET, BY COUNTRY,

2019–2023 (USD MILLION)            129

TABLE 87              NORTH AMERICA: BIFACIAL SOLAR MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            129

TABLE 88              NORTH AMERICA: BIFACIAL SOLAR MARKET, BY COUNTRY, 2019–2023 (MW)          129

TABLE 89              NORTH AMERICA: BIFACIAL SOLAR MARKET, BY COUNTRY, 2024–2029 (MW)          129

TABLE 90             US: BIFACIAL SOLAR MARKET, BY APPLICATION, 2019–2023 (USD MILLION)            130

TABLE 91             US: BIFACIAL SOLAR MARKET, BY APPLICATION, 2024–2029 (USD MILLION)            130

TABLE 92              CANADA: BIFACIAL SOLAR MARKET, BY APPLICATION, 2019–2023 (USD MILLION)              131

TABLE 93              CANADA: BIFACIAL SOLAR MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              131

TABLE 94              MEXICO: BIFACIAL SOLAR MARKET, BY APPLICATION, 2019–2023 (USD MILLION)              132

TABLE 95              MEXICO: BIFACIAL SOLAR MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              132

TABLE 96              EUROPE: BIFACIAL SOLAR MARKET, BY TYPE, 2019–2023 (USD MILLION)            133

TABLE 97              EUROPE: BIFACIAL SOLAR MARKET, BY TYPE, 2024–2029 (USD MILLION)            133

TABLE 98              EUROPE: BIFACIAL SOLAR MARKET, BY FRAME TYPE, 2019–2023 (USD MILLION)                133

TABLE 99              EUROPE: BIFACIAL SOLAR MARKET, BY FRAME TYPE, 2024–2029 (USD MILLION)                134

TABLE 100            EUROPE: BIFACIAL SOLAR MARKET, BY CELL TECHNOLOGY,

2019–2023 (USD MILLION)            134

TABLE 101            EUROPE: BIFACIAL SOLAR MARKET, BY CELL TECHNOLOGY,

2024–2029 (USD MILLION)            134

TABLE 102            EUROPE: BIFACIAL SOLAR MARKET, BY APPLICATION, 2019–2023 (USD MILLION)              134

TABLE 103            EUROPE: BIFACIAL SOLAR MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              135

TABLE 104            EUROPE: BIFACIAL SOLAR MARKET, BY COUNTRY, 2019–2023 (USD MILLION)     135

TABLE 105            EUROPE: BIFACIAL SOLAR MARKET, BY COUNTRY, 2024–2029 (USD MILLION)     135

TABLE 106            EUROPE: BIFACIAL SOLAR MARKET, BY COUNTRY, 2019–2023 (MW)          136

TABLE 107            EUROPE: BIFACIAL SOLAR MARKET, BY COUNTRY, 2024–2029 (MW)          136

TABLE 108            GERMANY: BIFACIAL SOLAR MARKET, BY APPLICATION,

2019–2023 (USD MILLION)            137

TABLE 109            GERMANY: BIFACIAL SOLAR MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            137

TABLE 110            ITALY: BIFACIAL SOLAR MARKET, BY APPLICATION, 2019–2023 (USD MILLION)              138

TABLE 111            ITALY: BIFACIAL SOLAR MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              138

TABLE 112            NETHERLANDS: BIFACIAL SOLAR MARKET, BY APPLICATION,

2019–2023 (USD MILLION)            138

TABLE 113            NETHERLANDS: BIFACIAL SOLAR MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            139

TABLE 114            SPAIN: BIFACIAL SOLAR MARKET, BY APPLICATION, 2019–2023 (USD MILLION)              139

TABLE 115            SPAIN: BIFACIAL SOLAR MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              140

TABLE 116            FRANCE: BIFACIAL SOLAR MARKET, BY APPLICATION, 2019–2023 (USD MILLION)              140

TABLE 117            FRANCE: BIFACIAL SOLAR MARKET, BY APPLICATION, 2024–2029 (USD MILLION)              141

TABLE 118            REST OF EUROPE: BIFACIAL SOLAR MARKET, BY APPLICATION,

2019–2023 (USD MILLION)            141

TABLE 119            REST OF EUROPE: BIFACIAL SOLAR MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            142

TABLE 120            REST OF THE WORLD: BIFACIAL SOLAR MARKET, BY TYPE,

2019–2023 (USD MILLION)            142

TABLE 121            REST OF THE WORLD: BIFACIAL SOLAR MARKET, BY TYPE,

2024–2029 (USD MILLION)            143

TABLE 122            REST OF THE WORLD: BIFACIAL SOLAR MARKET, BY FRAME TYPE,

2019–2023 (USD MILLION)            143

TABLE 123            REST OF THE WORLD: BIFACIAL SOLAR MARKET, BY FRAME TYPE,

2024–2029 (USD MILLION)            143

TABLE 124            REST OF THE WORLD: BIFACIAL SOLAR MARKET, BY CELL TECHNOLOGY,

2019–2023 (USD MILLION)            143

TABLE 125            REST OF THE WORLD: BIFACIAL SOLAR MARKET, BY CELL TECHNOLOGY,

2024–2029 (USD MILLION)            144

TABLE 126            REST OF THE WORLD: BIFACIAL SOLAR MARKET, BY APPLICATION,

2019–2023 (USD MILLION)            144

TABLE 127            REST OF THE WORLD: BIFACIAL SOLAR MARKET, BY APPLICATION,

2024–2029 (USD MILLION)            144

TABLE 128            REST OF THE WORLD: BIFACIAL SOLAR MARKET, BY COUNTRY,

2019–2023 (USD MILLION)            145

TABLE 129            REST OF THE WORLD: BIFACIAL SOLAR MARKET, BY COUNTRY,

2024–2029 (USD MILLION)            145

TABLE 130            REST OF THE WORLD: BIFACIAL SOLAR MARKET, BY COUNTRY, 2019–2023 (MW)                145

TABLE 131            REST OF THE WORLD: BIFACIAL SOLAR MARKET, BY COUNTRY, 2024–2029 (MW)                145

TABLE 132            BIFACIAL SOLAR MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2019–2024         147

TABLE 133            BIFACIAL SOLAR MARKET: DEGREE OF COMPETITION, 2023       150

TABLE 134            MARKET EVALUATION FRAMEWORK, 2019–2023                 152

TABLE 135            BIFACIAL SOLAR MARKET: REGIONAL FOOTPRINT, 2023             159

TABLE 136            BIFACIAL SOLAR MARKET: TYPE FOOTPRINT, 2023        160

TABLE 137            BIFACIAL SOLAR MARKET: FRAME TYPE FOOTPRINT, 2023             161

TABLE 138            BIFACIAL SOLAR MARKET: CELL TECHNOLOGY FOOTPRINT       162

TABLE 139            BIFACIAL SOLAR MARKET: PANEL TYPE FOOTPRINT       163

TABLE 140            BIFACIAL SOLAR MARKET: APPLICATION FOOTPRINT       164

TABLE 141            BIFACIAL SOLAR MARKET: LIST OF KEY STARTUPS/SMES              167

TABLE 142            BIFACIAL SOLAR MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES   168

TABLE 143            BIFACIAL SOLAR MARKET: PRODUCT LAUNCHES, JANUARY 2019–

DECEMBER 2024                169

TABLE 144            BIFACIAL SOLAR MARKET: DEALS, JANUARY 2019–DECEMBER 2024     172

TABLE 145            BIFACIAL SOLAR MARKET: EXPANSIONS, JANUARY 2019–DECEMBER 2024 181

TABLE 146            BIFACIAL SOLAR MARKET: OTHERS, JANUARY 2019–DECEMBER 2024     182

TABLE 147            LONGI: COMPANY OVERVIEW   184

TABLE 148            LONGI: PRODUCTS/SOLUTIONS/SERVICES OFFERED             185

TABLE 149            LONGI: PRODUCT LAUNCHES   186

TABLE 150            LONGI: DEALS  188

TABLE 151            LONGI: OTHER DEVELOPMENTS              195

TABLE 152            CANADIAN SOLAR: COMPANY OVERVIEW                 204

TABLE 153            CANADIAN SOLAR: PRODUCTS/SOLUTIONS/SERVICES OFFERED    205

TABLE 154            CANADIAN SOLAR: PRODUCT LAUNCHES                 206

TABLE 155            CANADIAN SOLAR: DEALS           206

TABLE 156            CANADIAN SOLAR: EXPANSIONS              211

TABLE 157            CANADIAN SOLAR: OTHER DEVELOPMENTS                 214

TABLE 158            TRINASOLAR: COMPANY OVERVIEW      216

TABLE 159            TRINASOLAR: PRODUCTS/SOLUTIONS/SERVICES OFFERED    217

TABLE 160            TRINASOLAR: PRODUCT LAUNCHES      218

TABLE 161            TRINASOLAR: DEALS     222

TABLE 162            TRINASOLAR: EXPANSIONS        224

TABLE 163            TRINASOLAR: OTHER DEVELOPMENTS 226

TABLE 164            SHARP CORPORATION: COMPANY OVERVIEW                 230

TABLE 165            SHARP CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    231

TABLE 166            SHARP CORPORATION: PRODUCT LAUNCHES                 232

TABLE 167            SHARP CORPORATION: DEALS  234

TABLE 168            SHARP CORPORATION: OTHER DEVELOPMENTS              240

TABLE 169            JA SOLAR TECHNOLOGY CO., LTD.: COMPANY OVERVIEW          241

TABLE 170            JA SOLAR TECHNOLOGY CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    242

TABLE 171            JA SOLAR TECHNOLOGY CO., LTD.: PRODUCT LAUNCHES          243

TABLE 172            JA SOLAR TECHNOLOGY CO., LTD.: DEALS                 244

TABLE 173            JA SOLAR TECHNOLOGY CO., LTD.: OTHER DEVELOPMENTS              245

TABLE 174            JINKO SOLAR: COMPANY OVERVIEW      248

TABLE 175            JINKO SOLAR: PRODUCTS/SOLUTIONS/SERVICES OFFERED    249

TABLE 176            JINKO SOLAR: PRODUCT LAUNCHES      250

TABLE 177            JINKO SOLAR: DEALS     251

TABLE 178            JINKO SOLAR: EXPANSIONS        254

TABLE 179            JINKO SOLAR: OTHER DEVELOPMENTS                 255

TABLE 180            ADANI GROUP: COMPANY OVERVIEW   260

TABLE 181            ADANI GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED    261

TABLE 182            ADANI GROUP: PRODUCT LAUNCHES   262

TABLE 183            ADANI GROUP: DEALS  262

TABLE 184            FIRST SOLAR: COMPANY OVERVIEW      266

TABLE 185            FIRST SOLAR: PRODUCTS/SOLUTIONS/SERVICES OFFERED    267

TABLE 186            FIRST SOLAR: DEALS      268

TABLE 187            FIRST SOLAR: EXPANSIONS         275

TABLE 188            FIRST SOLAR: OTHER DEVELOPMENTS 277

TABLE 189            RENEWSYS INDIA PVT. LTD.: BUSINESS OVERVIEW          280

TABLE 190            RENEWSYS INDIA PVT. LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    280

TABLE 191            RENEWSYS INDIA PVT. LTD.: PRODUCT LAUNCHES          281

TABLE 192            RENEWSYS INDIA PVT. LTD.: DEALS        282

TABLE 193            RENEWSYS INDIA PVT. LTD.: EXPANSIONS                 283

TABLE 194            HANWHA QCELLS: COMPANY OVERVIEW                 284

TABLE 195            HANWHA QCELLS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    284

TABLE 196            HANWHA QCELLS: DEALS            285

TABLE 197            HANWHA QCELLS: EXPANSIONS               289

TABLE 198            HANWHA QCELLS: OTHER DEVELOPMENTS                 290

TABLE 199            TALESUN SOLAR CO., LTD.: COMPANY OVERVIEW          291

TABLE 200            TALESUN SOLAR CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    291

TABLE 201            TALESUN SOLAR CO., LTD.: DEALS          293

TABLE 202            TALESUN SOLAR CO., LTD.: EXPANSIONS                 296

TABLE 203            TALESUN SOLAR CO., LTD.: OTHER DEVELOPMENTS              298

TABLE 204            HD HYUNDAI ENERGY SOLUTIONS., LTD.: COMPANY OVERVIEW   301

TABLE 205            HYUNDAI ENERGY SOLUTIONS., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    301

TABLE 206            HD HYUNDAI ENERGY SSOLUTIONS., LTD.: EXPANSIONS     302

TABLE 207            CHINT GROUP: COMPANY OVERVIEW   303

TABLE 208            CHINT GROUP: PRODUCTS/SOLUTIONS/SERVICES OFFERED    303

TABLE 209            CHINT GROUP: DEALS  304

TABLE 210            CHINT GROUP: OTHER DEVELOPMENTS                 305

TABLE 211            SOLAREDGE: COMPANY OVERVIEW        306

TABLE 212            SOLAREDGE: PRODUCTS/SOLUTIONS/SERVICES OFFERED    307

TABLE 213            TATA POWER SOLAR SYSTEMS LTD.: COMPANY OVERVIEW          308

TABLE 214            TATA POWER SOLAR SYSTEMS LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    308

TABLE 215            TATA POWER SOLAR SYSTEMS LTD.: PRODUCT LAUNCHES          309

TABLE 216            TATA POWER SOLAR SYSTEMS LTD.: DEALS                 309

TABLE 217            TATA POWER SOLAR SYSTEMS LTD.: EXPANSIONS     315

TABLE 218            TATA POWER SOLAR SYSTEMS LTD.: OTHER DEVELOPMENTS              316

LIST OF FIGURES

FIGURE 1              BIFACIAL SOLAR MARKET: RESEARCH DESIGN                 29

FIGURE 2              BIFACIAL SOLAR MARKET: DATA TRIANGULATION             33

FIGURE 3              BIFACIAL SOLAR MARKET: BOTTOM-UP APPROACH         34

FIGURE 4              BIFACIAL SOLAR MARKET: TOP-DOWN APPROACH         35

FIGURE 5              BIFACIAL SOLAR MARKET: DEMAND-SIDE ANALYSIS            36

FIGURE 6              KEY METRICS CONSIDERED FOR ASSESSING SUPPLY OF BIFACIAL SOLAR PANELS     37

FIGURE 7              BIFACIAL SOLAR MARKET: SUPPLY-SIDE ANALYSIS            38

FIGURE 8              MARKET SHARE ANALYSIS OF BIFACIAL SOLAR MARKET, 2023    39

FIGURE 9              ASIA PACIFIC ACCOUNTED FOR LARGEST SHARE IN BIFACIAL SOLAR MARKET

IN 2023  42

FIGURE 10            DUAL-GLASS SEGMENT TO LEAD BIFACIAL SOLAR MARKET DURING FORECAST PERIOD     42

FIGURE 11            FRAMED SEGMENT TO REGISTER HIGHER GROWTH IN BIFACIAL SOLAR MARKET DURING FORECAST PERIOD                43

FIGURE 12            PASSIVATED EMITTER REAR CONTACT (PERC) SEGMENT TO DOMINATE BIFACIAL SOLAR MARKET      43

FIGURE 13            UTILITIES SEGMENT TO BE LARGEST APPLICATION OF BIFACIAL SOLAR DURING FORECAST PERIOD                 44

FIGURE 14            DECREASING COST OF SOLAR SYSTEMS TO BOOST MARKET GROWTH BETWEEN 2023 AND 2029       45

FIGURE 15            ASIA PACIFIC TO WITNESS HIGHEST GROWTH DURING FORECAST PERIOD       46

FIGURE 16            DUAL-GLASS SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE              46

FIGURE 17            FRAMED SEGMENT TO ACCOUNT FOR DOMINANT SHARE DURING FORECAST PERIOD               47

FIGURE 18            PASSIVATED EMITTER REAR CONTACT (PERC) SEGMENT TO ACCOUNT FOR LARGEST SHARE IN BIFACIAL SOLAR MARKET                47

FIGURE 19            UTILITIES SEGMENT TO BE LARGEST APPLICATION OF BIFACIAL SOLAR          48

FIGURE 20            BIFACIAL SOLAR MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,

AND CHALLENGES          50

FIGURE 21            REMUNERATION SETTINGS FOR UTILITY-SCALE RENEWABLE PROJECTS  52

FIGURE 22            RENEWABLE ELECTRICITY CAPACITY ADDITION          54

FIGURE 23            TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES           54

FIGURE 24            AVERAGE PRICE TREND OF BIFACIAL SOLAR, BY REGION, 2023–2029 (USD/WP)    55

FIGURE 25            INDICATIVE PRICE TREND OF BIFACIAL SOLAR, BY CELL TECHNOLOGY,

2023–2029 (USD/WP)       56

FIGURE 26            BIFACIAL SOLAR MARKET: SUPPLY CHAIN ANALYSIS            57

FIGURE 27            ECOSYSTEM MAP             59

FIGURE 28            BIFACIAL SOLAR MARKET: INNOVATIONS AND PATENT REGISTRATIONS,

2014–2024              64

FIGURE 29            EXPORT DATA FOR HS CODE 854143 FOR TOP FIVE COUNTRIES,

2022–2023 (USD THOUSAND)      67

FIGURE 30            IMPORT DATA FOR HS CODE 854143 FOR TOP FIVE COUNTRIES,

2022–2023 (USD THOUSAND)      68

FIGURE 31            EXPORT DATA FOR HS CODE 854142 FOR TOP FIVE COUNTRIES,

2022–2023 (USD THOUSAND)      69

FIGURE 32            IMPORT DATA FOR HS CODE 854142 FOR TOP FIVE COUNTRIES,

2022–2023 (USD THOUSAND)      70

FIGURE 33            BIFACIAL SOLAR MARKET: PORTER’S FIVE FORCES ANALYSIS           76

FIGURE 34            INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS, BY TYPE         78

FIGURE 35            KEY BUYING CRITERIA FOR BIFACIAL SOLAR                 78

FIGURE 36            INVESTMENT AND FUNDING SCENARIO (USD MILLION)            79

FIGURE 37            BIFACIAL SOLAR MARKET, BY TYPE, 2023                 88

FIGURE 38            BIFACIAL SOLAR MARKET, BY FRAME TYPE (2023)    95

FIGURE 39            BIFACIAL SOLAR MARKET, BY CELL TECHNOLOGY (2023)     100

FIGURE 40            BIFACIAL SOLAR MARKET, BY APPLICATION (2023)    107

FIGURE 41            ASIA PACIFIC TO REGISTER HIGHEST CAGR IN BIFACIAL SOLAR MARKET

DURING FORECAST PERIOD       113

FIGURE 42            BIFACIAL SOLAR MARKET SHARE, BY REGION (2023)    114

FIGURE 43            ASIA PACIFIC: BIFACIAL SOLAR MARKET SNAPSHOT          116

FIGURE 44            NORTH AMERICA: BIFACIAL SOLAR MARKET SNAPSHOT          126

FIGURE 45            BIFACIAL SOLAR MARKET SHARE ANALYSIS, 2023        150

FIGURE 46            BIFACIAL SOLAR MARKET: SEGMENTAL REVENUE ANALYSIS, 2019–2023  153

FIGURE 47            BIFACIAL SOLAR MARKET: COMPANY VALUATION, 2024             153

FIGURE 48           BIFACIAL SOLAR MARKET: FINANCIAL METRICS, 2024        154

FIGURE 49            BIFACIAL SOLAR MARKET: COMPARATIVE ANALYSIS OF BRAND/PRODUCT               154

FIGURE 50            BIFACIAL SOLAR MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023         156

FIGURE 51            BIFACIAL SOLAR MARKET: PRODUCT FOOTPRINT, 2023             157

FIGURE 52            BIFACIAL SOLAR MARKET: MARKET FOOTPRINT, 2023             158

FIGURE 53            BIFACIAL SOLAR MARKET: COMPANY EVALUATION MATRIX

(STARTUPS/SMES), 2023                166

FIGURE 54            LONGI: COMPANY SNAPSHOT   185

FIGURE 55            CANDIAN SOLAR: COMPANY SNAPSHOT                 205

FIGURE 56            TRINASOLAR: COMPANY SNAPSHOT      216

FIGURE 57            SHARP CORPORATION: COMPANY SNAPSHOT                 231

FIGURE 58            JA SOLAR TECHNOLOGY CO., LTD.: COMPANY SNAPSHOT          241

FIGURE 59            JINKO SOLAR: COMPANY SNAPSHOT      249

FIGURE 60            ADANI GROUP: COMPANY SNAPSHOT   261

FIGURE 61            FIRST SOLAR: COMPANY SNAPSHOT      267

FIGURE 62            SOLAR EDGE: COMPANY SNAPSHOT      307

MarketsandMarkets（マーケッツアンドマーケッツ）は世界中の企業に高い評価を得ており、著名メディアでの引用頻度も高い、インドの最大手級の市場調査会社です。広範な市場を対象にした市場調査レポートを出版しています。

※MarketsandMarketsの調査レポートはほぼ全タイトルご注文後、最短3時間～12時間以内（営業日基準）にご納品可能です。

ライセンス別価格表

調査会社の事情により予告なしに変更されることがございます。最新の状況およびその他のパターンについてはお問い合わせください。

ライセンスタイプ1

ライセンスタイプ2

ライセンスタイプ3

ライセンスタイプ4

ミニレポート　※定性調査にフォーカスした調査レポートです。詳細はお問合せください。

ご購入に関するご案内

価格・納期について

• 価格
  • ウェブサイトに記載の外貨（定価）を見積日のTTSレートで換算後消費税を加えた金額が弊社からの請求金額になります。見積金額はレート変動に関係なく見積書発行日より2週間有効です。手数料（ハンドリングチャージ）無料。
• ライセンス
  • シングルユーザライセンス
    • 1名のみレポートファイルのご利用が可能です。
  • マルチユーザライセンス
    • 同一企業内（関連会社除く）5名までレポートファイルのご利用が可能です。
  • コーポレートライセンス
    • 同一企業および100％持株会社間・人数無制限でレポートファイルのご利用が可能です。
  • エンタープライズサイトライセンス
    • 特別ライセンスです。適用範囲についてはお問合せください。
• 納品形態
  • Eメール
• 納期
  • 最短3時間以内にご納品可能です。通常ご注文後24時間以内（営業日基準）

ご注文方法

• レポートページ内のお問い合わせフォームより見積もりをご請求ください。確認次第見積書と発注書をお送りいたします。既に弊社の見積書をお持ちの場合にはEメールまたはFAXでご注文ください。

その他

• 商品の性質上、ご注文後のキャンセル/返品/交換はできません。ご了承ください。

株式会社SEMABIZはMarketsandMarketsの日本に拠点をおく販売代理店として、MarketsandMarketsのレポートを販売しております。サンプルページのご依頼、見積り、レポートに関するご質問など購入前のご相談はいつでもお気軽にご連絡ください。

最新調査レポート

• 自動車用アラミド繊維市場規模、シェア、動向、2030年までの世界予測 2025-12-15
• ポリヒドロキシアルカノエート (PHA) 市場規模、シェア、動向、2030年までの世界予測 2025-12-15
• 複合輸送市場規模、シェア、動向、2032年までの世界予測 2025-12-12
• 有機酸市場規模、シェア、動向、2030年までの世界予測 2025-12-11
• ハイブリッドボンディング市場規模、シェア、動向、2032年までの世界予測 2025-12-11

MarketsandMarkets  出版レポート一覧