Seeking alternative energy sources, like solar panels, to power vehicles
Implications - The economy is weaning itself from its oil dependency, shifting to more eco-friendly fuel alternatives. Solar energy is promising to be one of the most influential energy alternatives in many sectors, including automotive; the new Toyota Prius will include solar panels, the first of its kind on the market.
Trend Themes
1. Shift to Eco-friendly Fuel Alternatives - The economy's shift to eco-friendly fuel alternatives, such as solar energy, is leading to innovations in various sectors from transportation to toys.
2. Promotion of Solar Energy - The promotion and integration of solar energy as an alternative energy source is breaking into a more mainstream market, from solar-powered highways and cars to solar energy for air conditioning.
3. Innovations in Solar Panels - Advancements in solar technology are leading to new innovations such as Lumeta PowerPly's 'peel and stick' solar panels or solar-powered car charging such as the Brisa Three Wheeler's solar powered car carrier.
Industry Implications
1. Automotive - The eco-friendly fuel shift and promotion of solar energy has led to the creation of electric, hybrid, and solar-powered cars in the automotive industry.
2. Toy - The promotion of solar energy has influenced the creation of solar-powered toys that do not require batteries.
3. Construction/roofing - Innovations in solar panels are creating new opportunities for the roofing industry, as companies shift towards a more eco-friendly source of energy.
