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Germany Bifacial Solar Cells Market Outlook and Forecast 2024-2030

Germany Bifacial Solar Cells Market Outlook and Forecast 2024-2030

  • Published on : 06 October 2024
  • Pages :205
  • Report Code:SMR-8010345

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Report overview

Germany Bifacial Solar Cells market size was valued at US$ 356.2 million in 2024 and is projected to reach US$ 639.7 million by 2030, at a CAGR of 10.3% during the forecast period 2024-2030.

Solar cells capable of capturing light from both front and rear sides, increasing overall energy yield.

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The German Bifacial Solar Cells market is experiencing rapid growth, driven by the technology's potential to significantly increase energy yield in solar installations. Key players in this market include SolarWorld, Sunway, and international companies with strong presence in Germany like LONGi and JinkoSolar. The market benefits from Germany's mature solar industry and its continued leadership in renewable energy adoption. In 2024, bifacial modules accounted for approximately 30% of new solar installations in Germany, a share that is expected to grow substantially. The technology is particularly attractive for ground-mounted solar parks, where albedo from the ground can significantly boost rear-side production. Germany's push for agricultural photovoltaics (Agri-PV) is creating new opportunities for bifacial technology, as these installations often benefit from increased ground clearance and optimized tilt angles. Research institutions like the Fraunhofer ISE are at the forefront of bifacial technology development, working on improving cell designs and optimizing system configurations for maximum energy yield. One key trend in the market is the integration of bifacial cells with tracking systems, which can further increase energy production by up to 30% compared to monofacial fixed-tilt systems. Companies like NEXTracker are partnering with German solar developers to implement these advanced systems. The industry faces challenges in accurately predicting real-world performance of bifacial systems, leading to efforts in developing better modeling tools and standardized testing methodologies. The German Institute for Standardization (DIN) is actively involved in creating standards for bifacial technology, which will help drive market confidence and adoption. As Germany aims to increase its solar capacity to 215 GW by 2030 as part of its climate goals, bifacial technology is expected to play a crucial role in maximizing land use efficiency and energy output. The market is also seeing increased interest in building-integrated photovoltaics (BIPV) applications, where bifacial cells can be used in innovative ways to generate power from both sides of structures. With its strong manufacturing base, research capabilities, and supportive policy environment, Germany is well-positioned to be a leader in the global bifacial solar cell market, driving innovation and deployment of this promising technology.

Bifacial Solar Cells Market contains market size and forecasts of Bifacial Solar Cells in Germany, including the following market information:

•    Germany Bifacial Solar Cells Market Revenue, 2019-2024, 2024-2030, ($ millions)

•    Germany Bifacial Solar Cells Market Sales, 2019-2024, 2024-2030,

•    Germany Top five Bifacial Solar Cells companies in 2023 (%)

Report Includes

Bifacial Solar Cells Market presents an overview of Germany market for Bifacial Solar Cells , sales, revenue and price. Analyses of the Germany market trends, with historic market revenue/sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

Bifacial Solar Cells Market focuses on the Bifacial Solar Cells sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the Germany Bifacial Solar Cells market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues.

Bifacial Solar Cells Market will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

Bifacial Solar Cells Market analyzes the segments data by Type, and by Sales Channels, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Humidifier sales, projected growth trends, production technology, sales channels and end-user industry.

Segment by Type

•    N-Type

•    P-Type

Segment by Applications

•    Industrial

•    Commercial

•    Residential

Key Companies covered in Bifacial Solar Cells Market :

•    Solarwatt

•    Q CELLS

•    SMA Solar Technology AG

•    Solar-Fabrik AG

•    IBC SOLAR AG

•    aleo solar

•    Schott Solar AG

•    Sonnen GmbH

•    Enercon

•    Siemens Gamesa Renewable Energy

Including or excluding key companies relevant to your analysis.

Competitor Analysis

The report also provides analysis of leading market participants including:

•    Key companies Bifacial Solar Cells revenues in Germanyn market, 2019-2024 (Estimated), ($ millions)

•    Key companies Bifacial Solar Cells revenues share in Germanyn market, 2023 (%)

•    Key companies Bifacial Solar Cells sales in Germanyn market, 2019-2024 (Estimated),

•    Key companies Bifacial Solar Cells sales share in Germanyn market, 2023 (%)

Key Indicators Analysed

•    Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2019-2030 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

•    Germanyn Market Analysis: The report includes Germanyn market status and outlook 2019-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

•    Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

•    Opportunities and Drivers: Identifying the Growing Demands and New Technology

•    Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Benefits of This Market Research:

•    Industry drivers, restraints, and opportunities covered in the study

•    Neutral perspective on the market performance

•    Recent industry trends and developments

•    Competitive landscape & strategies of key players

•    Potential & niche segments and regions exhibiting promising growth covered

•    Historical, current, and projected market size, in terms of value

•    In-depth analysis of the Bifacial Solar Cells Market

•    Overview of the regional outlook of the Bifacial Solar Cells Market

Key Reasons to Buy this Report:

•    Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

•    This enables you to anticipate market changes to remain ahead of your competitors

•    You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations or other strategic documents

•    The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

•    Provision of market value (USD Billion) data for each segment and sub-segment

•    Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

•    Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

•    Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

•    Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

•    The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

•    Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

•    Provides insight into the market through Value Chain

•    Market dynamics scenario, along with growth opportunities of the market in the years to come

•    6-month post-sales analyst support

We offer additional regional and global reports that are similar:

•    Global Bifacial Solar Cells Market 

•    United States Bifacial Solar Cells Market 

•    Japan Bifacial Solar Cells Market 

•    Germany Bifacial Solar Cells Market 

•    South Korea Bifacial Solar Cells Market 

•    Indonesia Bifacial Solar Cells Market 

•    Brazil Bifacial Solar Cells Market

Customization of the Report: In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are meet.