Bifacial Solar Panel Market stimation 2020-2025 and Company Profiles
Bifacial Solar Panel Market is expected to reach 32,000 MW annual installation capacity by 2025. The reports forecast the bifacial solar panel market by cell type, panel type, frame type, application and region. It highlights COVID-19 impact on the bifacial solar panel industry.
Description
Bifacial Solar Panel Market: by Cell Type (Heterojunction Cell, Passivated Emitter Rear Cell), by Frame type (Framed Bifacial Module, Frameless Bifacial Module), by Solar Panel Type (Monocrystalline Solar Panels, Polycrystalline Solar Panels, Thin-film Solar Panels), by Application (Residential, Commercial) and by Region – Global Industry Sizing, Growth, Trend, Opportunity, and Forecast (2020–2025)
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Bifacial solar panel market report covers a thorough analysis of the market dynamics, business models, segmental/regional analysis, and respective market shares and strategies adopted by the key market players operating in the global market. It entails an in-depth analysis of the factors influencing the global market and market statistics indicating region wise and segment-wise market share/growth analysis. The report's study will outlook one of the most exhaustive analyses of the market, capturing all the aspects of the bifacial solar panel industry.
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Bifacial Solar Panel Market: Geographical Outlook
The global bifacial solar panel market has been segmented into five geographical regions, namely, North America, Asia Pacific, South America, Europe, and the Middle East and Africa. In the global bifacial solar panel market, North America holds the largest share, followed by the Asia Pacific and Europe. Several countries in the region are making major investments in the solar energy industry. Moreover, Asia Pacific is the fastest-growing market and is expected to have the highest CAGR in the global market over the forecast period
Impact of COVID-19 on Bifacial Solar Panel Market
The COVID-19 has disrupted the global bifacial solar panel market, and companies have been forced to restructure their plans to cope with the pandemic. COVID-19 influences the world economy in three major ways: by impacting production and demand, by disturbing the supply chain and market, and by its economic effect on companies. Owing to manufacturing discrepancies and global economic issues, several companies have delayed their plans
Bifacial Solar Panel Market Key Competitors
The global bifacial solar panel market is highly fragmented, with the presence of a large number of players across the globe. The key players operating in the global bifacial solar panel market include –
- LG Electronics
• MegaCell
• Neo Solar Power
• Panasonic
• Prism Solar
• PVG Solutions
• SolarWorld
• Yingli Green Energy
• LONGi
• Lumos Solar
• Silfab
• Sunpreme
• Trina Solar
The bifacial solar panel market report provides a thorough analysis of macro-economic factors and the market attractiveness of every segment. The report will include an in-depth qualitative and quantitative assessment of segmental/regional outlook with the presence of the market players in the respective segment and region/country. The information concluded in the report includes the inputs
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