Each year we put together a list of the top emerging technologies to watch, using a combination of analyst insight and innovation data. These technologies span industries from energy, to automotive, agriculture & food, chemicals & materials, and electronics & IT, and have the greatest potential to transform the world over the next decade.
The question is: how are these technologies going to transform the world? It's not enough to know what the top technologies are - innovation leaders must also know how to leverage these technologies into real business results.
To illustrate these use cases, we have put together 5 case studies, one for each
industry, selected from across the top 12 emerging technologies. In this blog we'll preview the case studies for the following technologies: autonomous vehicles, plastic recycling, and alternative proteins.
Case Study: Walmart experiments with autonomous vehicles (AVs) to expand delivery services
Walmart has been trying to catch up to Amazon online, and to do that, it has turned to making the middle (business to business) and end (business to consumer) of the delivery process as efficient as possible. Walmart has partnered with AV delivery startups including Nuro, Udelv, and Gatik to pilot last-mile and middle-mile delivery programs. To learn more about the business impact of this use case and to get the Lux Take, download our Foresight 2020 Case Studies here.
Case Study: Leading chemicals and oil & gas companies use pyrolysis to create circular plastics
Pyrolysis converts plastics into a “pyrolysis oil” that can be refined with instead of crude petroleum to create petrochemicals, which in turn can be made into plastics – creating virgin-quality material from waste plastic. Pyrolysis can be a profitable path to recycled plastics, but to find widespread success, regulators need to help pyrolysis compete against cheap oil. To learn more about the business impact of this use case for companies like BASF, Jaguar Land Rover, and Südpack, and to get the Lux Take, download our Foresight 2020 Case Studies here.
Case Study: Impossible Foods is focusing on the experience of eating meat
Impossible Foods is looking to better mimic the mouthfeel of eating real beef by
incorporating a novel ingredient into its plant-based meat analogs called leghemoglobin, a heme protein that imparts a bleeding effect and savory flavor. Although the company utilizes a host of other ingredient and processing technologies, leghemoglobin is its main differentiator, and hence, its traction can largely be attributed to the use of the molecule. To learn more about the business impact of this use case and to get the Lux Take, download our Foresight 2020 Case Studies here.
Using data from patents, academic papers, funding paired with insights from technology experts, Lux put together a list of the top 12 technologies to watch in 2021. To learn more about Lux's top technologies, download the report executive summary.