LONDON--(BUSINESS WIRE)--Technavio has announced the top six leading vendors in their recent global airport solar power market report. This research report also lists five other prominent vendors that are expected to impact the market during the forecast period.
With rising environmental concerns, airports authorities have been compelled to undertake initiatives that reduce carbon dioxide emission. As of 2015, more than 100 airports across the globe were using solar PV systems or are under various stages of construction. The Americas lead the airport solar power market with the highest number of solar-powered airports followed by Asia and Europe.
Competitive vendor landscape
The global airport solar power market is a well-established market with many multinational and regional suppliers. These multinational players offer homogeneous products and services. They often offer customized products as per the requirements of clients. As the market is not highly capital intensive or technology-inclined, the cost, quality, reliability, and life of the PV system plays a major role.
“Manufacturers in the Americas and EMEA have been in the field doing extensive research for over decades and have dominated the market with their certain technical advantages that they have developed over the years of experience,” says Avimanyu Basu, a lead aerospace research analyst from Technavio.
Since the market for renewable power is in its growth stage, there exists a chance for the vendors in APAC to come up with product offerings that are innovative, high on the technical front, provide maximum energy output, and more economical than the multinational vendors, eventually leading to price wars.
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Top six airport solar power market vendors
Ameresco offers a wide range of renewable energy solutions that include biogas, biomass, landfill gas, geothermal, solar (photovoltaic) power, and wind power. Its customer segments involve airports, commercial, local and federal government, manufacturing/industry, education institutes, healthcare, and housing.
Robert Bosch was founded as a workshop for precision mechanics and electrical engineering and is now a multinational engineering and electronics company. Its operations are divided into four business sectors: industrial technology, consumer goods, mobility solutions, and energy and building technology.
Canadian Solar operates as a global energy provider with business subsidiaries in 24 countries on six continents. The company has manufacturing facilities in Canada, China, and Vietnam, and employs over 8,900 workers worldwide. It has installed over 70 million PV modules and translated more than 15 GW of panel shipments in the past 15 years.
Gaia Solar is ideally positioned to leverage the supportive government policies which tend to establish the Scandinavian region as a completely renewable energy driven region in the mid to long term period. The company has already commissioned an array of solar panels at the Copenhagen Airport successfully and thus, would have a competitive edge over similar companies while bidding for tenders in the commercial aerospace domain.
Solar Energy Corporation of India
Solar Energy Corporation of India (SECI) is a central public sector undertaking under the administrative control of the Ministry of New and Renewable Energy, India. The company was established to facilitate the Jawaharlal Nehru National Solar Mission and is also responsible for special schemes such as canal-top scheme, defense scheme, Indo-Pak border scheme.
SunEdison is involved in the manufacturing of advanced solar technology and develops, installs, and operates distributed solar power systems, delivering electricity and services to commercial, residential, utility, and government customers. SunEdison has more than 1,000 operational sites and spread across 30 countries.
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