Press Release

Bifacial Solar Panels Market Strategy And Remarkable Growth Rate Forecast By 2026 | Fortune Business Insights

Top Players in Bifacial Solar Panels Market are LONGi Solar, Sunpreme, Prism Solar, Ankara Solar, SP Enerji, Adani Solar, AE Solar, LG Electronics, SoliTek, JA Solar, Canadian Solar Inc., Trina Solar, Lumos Solar, Jinko Solar, Yingli Solar and, Suntech Power

The global bifacial solar panels market is likely to gain momentum from a rise in the demand for electricity from industrial and commercial sectors. According to an upcoming report by Fortune Business Insights, titled, “”Bifacial Solar Panels“” Market Size, Share and Global Trend by Type (Monocrystalline Solar Panels, Polycrystalline Solar Panels, Thin-film Solar Panels), by Application (Residential, Commercial) and by Geography Forecast till 2026,” various small, medium, and big enterprises are coming up with solar modules that are infused with the latest technology. They are aiming to increase the global bifacial solar panels market sales by focusing on design, cost, and efficiency of the solar panels.

Request a Sample Copy of the Global Market Research Report https://www.fortunebusinessinsights.com/enquiry/sample/bifacial-solar-panels-market-100291<a/p>

The report classifies the global bifacial solar panels market on the basis of type, application, and geography. In terms of type, the market is segmented into polycrystalline solar panels, monocrystalline solar panels, and thin-film solar panels. Amongst these, the monocrystalline panel offers more energy-efficiency than the other two solar panels. This, combined with the high cost, makes it preferable for usage in commercial projects. Polycrystalline solar panels, on the other hand, are cost-effective and hence, are used more in residential projects.

Top Players

  • Prism Solar
  • Lumos Solar
  • Ankara Solar
  • Sunpreme
  • Suntech Power
  • LG Electronics
  • LONGi Solar
  • Trina Solar
  • SP Enerji
  • Adani Solar
  • Yingli Solar
  • AE Solar
  • JA Solar
  • SoliTek
  • Jinko Solarm
  • Canadian Solar Inc. 

For more information in the analysis of this report, visit https://www.fortunebusinessinsights.com/industry-reports/bifacial-solar-panels-market-100291

Key Industry Developments

  • In Feb 2019, LONGi Solar has bagged a contract to supply bifacial PERC modules for the largest solar project to be built in Mitchell County, Georgia, with a capacity of 224 MW. The project is expected to come online by the end of 2019
  • In Feb 2019, Sunpreme, Inc. and Tigo Energy, Inc. has announced the completion of commercial solar installation on smart bifacial solar panels in California’s largest contiguous solar carport structures in the bay area
  • In Jan 2017, Suntech Power has signed a strategic cooperation agreement with Jolywood Solar Technology to bring high-efficiency N-type bifacial solar module to the market

Key Market Driver – Increasing demand of electricity

Key Market Restraint – High installation cost

Key Segmental Overview:

1. By Type

  • Monocrystalline Solar Panels
  • Polycrystalline Solar Panels
  • Thin-film Solar Panels

2. By Application

  • Residential
  • Commercial
  • Others

3. By Geography

  • North America (USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

Request for Customization https://www.fortunebusinessinsights.com/enquiry/customization/bifacial-solar-panels-market-100291

Major Table of Content For Bifacial Solar Panels Market:

  1. Introduction
  2. Executive Summary
  3. Market Dynamics
  4. Key Insights
  5. Global Bifacial Solar Panels Market Analysis, Insights and Forecast, 2026
  6. North America Bifacial Solar Panels Market Analysis, Insights and Forecast, 2026
  7. Europe Bifacial Solar Panels Market Analysis, Insights and Forecast, 2026
  8. Asia Pacific Bifacial Solar Panels Market Analysis, Insights and Forecast, 2026
  9. The Middle East and Africa Bifacial Solar Panels Market Analysis, Insights and Forecast, 2026
  10. Latin America Bifacial Solar Panels Market Analysis, Insights and Forecast, 2026
  11. Competitive Landscape
  12. Company Profile
  13. Conclusion

The global bifacial solar panels market is likely to gain momentum from a rise in the demand for electricity from industrial and commercial sectors. According to an upcoming report by Fortune Business Insights, titled, “”Bifacial Solar Panels“” Market Size, Share and Global Trend by Type (Monocrystalline Solar Panels, Polycrystalline Solar Panels, Thin-film Solar Panels), by Application (Residential, Commercial) and by Geography Forecast till 2026,” various small, medium, and big enterprises are coming up with solar modules that are infused with the latest technology. They are aiming to increase the global bifacial solar panels market sales by focusing on design, cost, and efficiency of the solar panels.

Request a Sample Copy of the Global Market Research Report https://www.fortunebusinessinsights.com/enquiry/sample/bifacial-solar-panels-market-100291<a/p>

The report classifies the global bifacial solar panels market on the basis of type, application, and geography. In terms of type, the market is segmented into polycrystalline solar panels, monocrystalline solar panels, and thin-film solar panels. Amongst these, the monocrystalline panel offers more energy-efficiency than the other two solar panels. This, combined with the high cost, makes it preferable for usage in commercial projects. Polycrystalline solar panels, on the other hand, are cost-effective and hence, are used more in residential projects.

Top Players

  • Prism Solar
  • Lumos Solar
  • Ankara Solar
  • Sunpreme
  • Suntech Power
  • LG Electronics
  • LONGi Solar
  • Trina Solar
  • SP Enerji
  • Adani Solar
  • Yingli Solar
  • AE Solar
  • JA Solar
  • SoliTek
  • Jinko Solarm
  • Canadian Solar Inc. 

For more information in the analysis of this report, visit https://www.fortunebusinessinsights.com/industry-reports/bifacial-solar-panels-market-100291

Key Industry Developments

  • In Feb 2019, LONGi Solar has bagged a contract to supply bifacial PERC modules for the largest solar project to be built in Mitchell County, Georgia, with a capacity of 224 MW. The project is expected to come online by the end of 2019
  • In Feb 2019, Sunpreme, Inc. and Tigo Energy, Inc. has announced the completion of commercial solar installation on smart bifacial solar panels in California’s largest contiguous solar carport structures in the bay area
  • In Jan 2017, Suntech Power has signed a strategic cooperation agreement with Jolywood Solar Technology to bring high-efficiency N-type bifacial solar module to the market

Key Market Driver – Increasing demand of electricity

Key Market Restraint – High installation cost

Key Segmental Overview:

1. By Type

  • Monocrystalline Solar Panels
  • Polycrystalline Solar Panels
  • Thin-film Solar Panels

2. By Application

  • Residential
  • Commercial
  • Others

3. By Geography

  • North America (USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Russia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

Request for Customization https://www.fortunebusinessinsights.com/enquiry/customization/bifacial-solar-panels-market-100291

Major Table of Content For Bifacial Solar Panels Market:

  1. Introduction
  2. Executive Summary
  3. Market Dynamics
  4. Key Insights
  5. Global Bifacial Solar Panels Market Analysis, Insights and Forecast, 2026
  6. North America Bifacial Solar Panels Market Analysis, Insights and Forecast, 2026
  7. Europe Bifacial Solar Panels Market Analysis, Insights and Forecast, 2026
  8. Asia Pacific Bifacial Solar Panels Market Analysis, Insights and Forecast, 2026
  9. The Middle East and Africa Bifacial Solar Panels Market Analysis, Insights and Forecast, 2026
  10. Latin America Bifacial Solar Panels Market Analysis, Insights and Forecast, 2026
  11. Competitive Landscape
  12. Company Profile
  13. Conclusion

(Have a Look at Reports Trending in “”Energy & Power“” Industry)

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