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The CEO Views > Blog > Editor's Bucket > Industries with Unique Innovation Approaches: From Solar to Security
Editor's Bucket

Industries with Unique Innovation Approaches: From Solar to Security

The CEO Views
Last updated: 2025/07/31 at 10:07 AM
The CEO Views
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Tech driven industry growth

On the bedrock of innovation, companies across industries are rising high by embracing new ideas, approaches, technologies, and strategies. They stand at the frontier of tech-driven innovation, benchmarking the standards of industrial innovation in today’s competitive business environment. When we talk about innovation-driven industries, the common names that come to mind are finance, marketing, manufacturing, information technology, and healthcare. However, there are other sectors that are also leveraging the power of innovation and advanced technology in a way that has changed the scenario of energy consumption, residential security, and travel insurance globally.

As an emerging journalism platform, The CEO Views is reshaping the perspectives of industry leaders, executives, and professionals through its high-quality write-ups. Acting as a bridge between industry peers and entrepreneurs, this business publication is celebrating leadership and innovation across various sectors.

Through this article, we will cover three industrial areas (solar, travel insurance, and home security) and discuss the best companies operating within them. These companies are delivering innovative solutions to drive meaningful impact on the environment, economy, and society as a whole.

A Sneak-Peak into the Global Solar Industry

A report on “Global Market Outlook for Solar Power 2025-2029” by SolarPower Europe has regarded 2024 as a landmark year for the solar power industry. This year, the global solar power installation reached almost 600 GW. It is expected that the total solar capacity of 7.1 TW and the TW-level of annual installations are likely to be reached by 2030.

SolarPower Europe,

(Source: SolarPower Europe, 2025)

Undoubtedly, solar power has become a driving force behind the global energy transition. Among all the power generation technologies, solar power experienced the fastest growth, with its share rising to 7% in 2024. This groundbreaking progress has been fuelled by the tech advancements, from small plug-in to massive utility-scale installations at dramatically low prices. Although the annual market growth decreased to 33% from the 2023 growth rate of 85%, a continued installation of solar power marks its indomitable growth in the coming years.

The companies operating in the solar power industry are contributing to this progress gradually but significantly. Solar companies harness solar energy through the installation, manufacturing, and maintenance of solar panels and associated technologies. Let us find out about some of the best companies excelling in delivering solar-powered products or solutions that bring a positive impact on the renewable energy industry, generating electricity from sunlight.

Top Five Solar Companies of the World

Tongwei Solar

The world’s largest solar panel manufacturer is China’s Tongwai Solar. This solar manufacturer shipped 38.2 GW of solar cells and solar panels in 2022. Tongwei Solar has an annual solar panel production capacity of 14GW and an annual solar cell production capacity of 70 GW. According to The Financial Times, this solar company has more than 40,000 employees and an average revenue of £17 billion. 

JA Solar Holdings

JA Solar excels in multi-form photovoltaic (PV) power plants. Its product range includes- Agri Voltaics, centralized PV power plants, Floating Solar PV, and more. Since its foundation in 1996, JA Solar has evolved to establish a vertically integrated production chain of PV-powered products. It has multiple production bases globally and has 16 overseas sales companies. Recently, the company has built a new energy industry chain. The chain spans cells, silicon wafers, energy storage systems, modules, PV-powered stations and operations, and PV equipment.

NextEra Energy

NextEra Energy follows a value-driven approach while serving its customers. As the world’s largest electric utility holding company by market cap, this solar company offers solutions that drive value for customers. NextEra is committed to addressing America’s increasing energy demand with an all-forms-of-energy approach. Built on the foundation of integrity, excellence, and respect, the company thrives on innovation. 

LONGi Solar

A global pioneer in the clean energy transition, LONGi delivers a comprehensive suite of solar PV solutions that optimize project applications, from commercial to residential projects. Keeping customer value at its core, LONGi invests around ¥12.36 billion in research and development. It is continually raising the standards of innovation by setting the edge of N-type HJT, N-type TOPCON, P-type TOPCON, P-type HJT, and other solar technologies.

An Insight into the Travel Insurance Sector

An Insight into the Travel Insurance Sector

(Source: Statista, 2024)

Travel insurance, as the term suggests, gives financial coverage to various risks faced by an individual while travelling.  A Statista report articulates that the revenue of the global travel insurance market is predicted to be eight times larger in 2030 than it was in 2021. The market is projected to reach $108.8 billion by 2030 from $14.3 billion in 2021.  The size of the global travel insurance market is forecasted to become $34.14 billion in 2025, indicating a potential rapid growth in the coming years. 

With the advent of digital technologies, the travel insurance sector witnessed some notable transformations. Listed below are some of the transformative changes in the industry-

  • Easily accessible policies through online platforms
  • Improved customer assistance and support
  • Personalized travel insurance plans
  • Enhanced data privacy and security
  • A rapid growth in the number of travel insurance providers

As the sector continues to grow at a rapid pace, so do the consumer demands. Many travel insurance companies  came into existence to address these rising demands. Let us learn about the top 5 travel insurance businesses in the world that are adopting technologies to bring innovative transformations in their services.

The Best Five Travel Insurance Companies throughout the World

Travelex Insurance Services

According to US News, Travelex is the world’s top-performing international travel insurance company. The high consumer ratings, professional ratings, and credit ratings are attributed to its performance as one of the leading travel insurers in the world. It offers a wide array of plans, from medical-specific to single-trip plans. Among all its single-trip plans, the ‘Ultimate’ plan is the most preferred one. It is famous among families travelling abroad as it covers children up to the age of 17. 

Seven Corners Travel Insurance

It is best known for its 24-hour emergency assistance when someone is travelling. With vigorous positive user reviews on Trustpilot and Squaremouth review sites, this travel insurance service provider is quite popular among travelers. The company provides two single-trip plan options. Anyone looking for extensive coverage prefers using the Seven Corners Trip Protection Choice plan offered by this insurer. It includes up to $1 million coverage in emergency evacuation, up to $500,000 coverage for medical emergency, and more features. 

Berkshire Hathaway Travel Protection

ExactCare, ExactCare Value, and ExactCare Extra are three key single-trip travel insurance plans of Berkshire, along with other plans. The LuxuryCare plan is Berkshire’s best coverage option as it has high coverage limits across categories like emergency evacuation. This plan is suitable for people who might encounter an illness, injury, or travel hazards on an international trip. It has facilities for emergency evacuation and repatriation coverage of up to $1 million, medical coverage worth up to $100,000, and more.

World Trips Travel Insurance

World Trips has three single-trip plans- Atlas Journey Explore, Atlas Journey Escape, and Atlas Journey Elevate. All three give coverage for trip cancellation, missed connections, and lost or destroyed bags. Among all the international travel insurance companies, World Trips has the most affordable coverage rates. Among all its policies, the Atlas Journey Elevate policy is the most promising one. This plan provides up to $1 million medical evacuation and repatriation coverage, up to $250,000 in emergency medical coverage, up to 100% of the trip cost in cancellation, and other facilities.

Allianz Travel

Allianz Travel is the best choice for trip cancellation and interruption purposes. As a renowned travel insurance company, it has five main policies. The company also provides several annual policies and a rental car-specific policy. OneTrip Premier plan of the company delivers the highest limits for trip cancellation and interruption.

Home Security Industry At a Glance

The global home security systems market is growing substantially, with an estimated market value of $72.4 billion in 2025. This market value is expected to reach 109.4 billion by 2030, growing at a CAGR of 8.6%. On the contrary, the global smart home security market is predicted to grow to $40.38 billion in 2025 and is predicted to reach $145.54 billion by 2034. The enhancements in new technologies like artificial intelligence, IoT, and other newly developed wireless security technologies have transformed the security systems of residential areas.

Below are some of the top home security systems that have changed how residential and commercial areas’ security is monitored and protected-

  1. ADT

This American security company offers home and small business electronic security, fire protection, and alarm monitoring systems throughout the USA. 

  1. SimpliSafe

SimpliSafe home security systems stop crime before it occurs. Its home security packages take protection to a new level with products like SimpliSafe® Active Guard Outdoor Protection.

  1. Frontpoint

It provides security cameras, sensor alarms, flood lights, and other home security systems to meet everyday security needs.

  1. Abode

Abode delivers self-monitoring and one professional monitoring plan to ensure your home is secured at a rate of $6.99 per month.

  1. Cove

Cove is an affordable DIY home security system that is tailored for all residential security needs and doesn’t require a contract. Plans start from $28 per month.

The CEO Views July 31, 2025
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