Bifacial Solar Industry - Regional Synopsis
Asia Pacific industry is estimated to hold largest revenue share by 2037, backed by abundance of sunlight all around the year in countries, such as, China, Japan, Vietnam, India, and others. The growing government investment in renewable energy sources, in countries such as China, India, Japan, and Thailand, is further projected to boost the market growth.
The market in the North America region is anticipated to gain the largest market share throughout the forecast period owing to the technological advancement, growing public awareness, increasing adoption of solar farms as a commercial activity, and growing government investment in renewable energy sources.
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of bifacial solar is estimated at USD 20.94 billion.
Bifacial Solar Market size was valued at USD 18.59 billion in 2024 and is likely to cross USD 113.09 billion by 2037, registering more than 14.9% CAGR during the forecast period i.e., between 2025-2037.
Asia Pacific industry is estimated to hold largest revenue share by 2037, backed by abundance of sunlight all around the year in countries, such as, China, Japan, Vietnam, India, and others.
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.
