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Discovering Industry Trends: Tips for Exploring a Tradeshow

Green Career Tip of the Week
"The US solar industry is on a roll. PV Installations in the US more than
doubled last year compared to the year before,
due to utility-scale project completions,
a strong residential market, effective policies,
and the plummeting price of solar panels."
PV America West Conference Guide

We had the opportunity to attend a solar trade show last week for about an hour.  In today's article, I walk you through what I did to get a sense of the industry in such a short time frame.  I've also provided online links to many of the materials I discovered in person. Whether you are interested in solar or not, this article will provide you with pointers for your own research of your target industry.
 
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Tip of the Week: Discovering Industry Trends: Tips for Exploring a Tradeshow

Read this article online
 
Last week my husband and I had the opportunity to visit the exhibit hall at PV America for about 30 minutes before meeting a colleague for dinner.

Although 30 minutes was far from enough time to do the trade show justice, I thought I'd share a few impressions from the show and walk you through some pointers about how to gain valuable information about your target industry at a similar kind of event.

First Impressions

Walking in I expected to see wall to wall solar arrays...it was a PV (photovoltaic) industry event after all. Although we didn't have time to study them all, it appeared that each booth with arrays had some special technological nuance that they were touting. Diagrams, demonstrations, and printed materials within the booths told their stories.

Within a few minutes I picked up on several additional trends - (1) parking structure solar arrays, (2) companies specializing in connectors and hardware to fasten the arrays to rooftops and other mounts, and (3) financial vehicles to fund solar projects.

Making Sense of the Industry/Show

When we picked up our name tags we were give a Conference and Expo Guide (56 pages) with a list of conference sessions and exhibitors. Studying this guide (you can find it online here)  for 30-60 minutes would give you insights about trends, opportunities, and challenges facing the industry.
For instance...the conference sessions were coded by track - Finance, Marketing, Policy, Technology, Utilities, and topics that cut across these tracks. Reading the talk topics will highlight current trends. Make note of presenter names and the companies they represent. Research these individuals and companies on LinkedIn or the Internet for clues for your networking efforts.
Another example...the exhibitors were listed in alpha order and by category. I find that reviewing categories is one of the easiest ways to get a quick snapshot of the industry. In this show, the categories were: Building Integrated PV, Concentrating PV, Consumer PV, Consumer PV Products, Energy Service Providers, Finance, Professional and Business Services, PV Cells, PV Distributors, PV Installers, PV Materials, PV Modules. If you were new to the field, just having this information may give you a new sense of the industry.
Extra Tip: Under each of these categories is a list of exhibiting companies. So....if you are building your list of target companies, you've just found a gold mine! Be sure to check out sponsors and media contacts as well if they are listed in the program.
Dig into the Details

At most conferences and trade shows you are likely to find a few booths that focus on tracking developments in the industry. In the conference guide, I found 15 media sponsors. I made a beeline to one of the booths I recognized to discover what materials they had to offer. I was rewarded with a bonanza of information!
  • At the GreenTechMedia booth, I picked up the executive summary of their new publication: U.S. Solar Market Insight Report. Although the full report is nearly $4,000, the executive summary is absolutely accessible to you...because it's f.r.e.e!  Written in partnership by Solar Energy Industries Association and Green Tech Media's GTM Research group, this quarterly report is an up-to-date review of the solar industry in 2011. Filled with easy-to-read summaries, visually accessible diagrams and charts, and state-by-state date by industry sector and technology type.  If you are interested in working in the solar industry, I highly recommend you read this 15 page report cover to cover.
  • If you are interested in alternative energy in general, I also recommend you check out the publications of two other media sponsors of this event.
Would You Like to Know More?

PV America is presented by the Solar Energy Industries Association (SEIA) and Solar Electric Power Association (SEPA). Check out these three sites to learn more about various aspects of the solar industry.
 
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Green Career Central(TM) is an online coaching and resource center designed to help mid-career professionals, students, new grads, and career counselors make sense of the green economy and the green job market.

Carol McClelland, PhD, author of the award-winning, Green Careers For Dummies, is one of the nation's leading green career experts and founder of Green Career Central. Throughout her career, Carol has helped thousands of people find careers that match their values and interests. 
 
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