Insights on the Solar Highway Global Market to 2026 - by Material, Application and Geography
DUBLIN, April 8, 2021 /PRNewswire/ --The "Solar Highway Market - Forecasts from 2021 to 2026" report has been added to ResearchAndMarkets.com's offering.
Global solar highway market is projected to witness a double-digit compound annual growth rate during the forecast period. According to a recent study in 2016, 80% of the Earth's surface is without roads.
It is estimated that from 2010 - 2050 the roads will increase globally by more than 60%. Although roads aid in connectivity they also cause a lot of damage to the natural habitat. This innovation of Solar Highways has a positive impact on the environment.
These specially designed roadways are made of material that contains photovoltaic cells that captures solar energy. The solar panels used are strong enough to bear the weight of cars and even semi-trucks. The main goal of these solar highways is to generate clean and renewable energy. The solar panels laid on the roads convert solar energy into electricity.
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