News & Blog

Dwindling demand for cow-based products and growing interest in sustainability are driving innovation in leather alternatives, and now is the time to invest, according to new data from Lux Research. The $400 billion leather goods market is already accepting of alternatives like pleather, on its own a market in the mid-tens of billions of dollars, and with no one-size-fits-all solution, there is ample opportunity to partner or invest.

BENZINGA - KULR’s attention toward the Energy Storage Market, opens up a more than $59 billion revenue opportunity. In a new report, Lux Research predicts that the Energy Storage market potential will explode to a $554 billion revenue opportunity by 2035. 

To get a comprehensive overview of the technology landscape for methane pyrolysis and distribution of players, we analyzed key developers with historical patent activity, academic publications, early-stage funding, and ongoing projects. This information serves to define future trends and help identify opportunities for innovators seeking to engage with players in methane pyrolysis.

FUTURE CIO - Lux’s new report defines the traditionally nebulous term “wellness” and identifies opportunities with digital tools to engage. Wellness is nonspecific preventative healthcare and applies across the health spectrum, from healthy consumers to patients with more serious diseases. 

INVESTING NEWS NETWORK - Consumers are hungry for a more plant-based diet, and their enthusiasm is creating a juicy growth market that investors can really sink their teeth into. In its Foresight 2021 report, Lux Research includes alternative proteins among its picks for top technology innovations destined to have the greatest impact on worldwide markets in the next decade.

Lux Research defines wellness as a form of preventative care and identifies the opportunities that lie in leveraging digital tools to support emerging paradigm shifts.

BANYAN HILL - The $68 billion global satellite communication market is getting a 3D-printing makeover. You know what that means. Easier, faster, more. And now the market is projected to nearly double in size to $126 billion by 2027!

To get a comprehensive overview of the advanced harvesting technology landscape and distribution of players, our experts analyzed key developers with historical patent activity, academic publications, early-stage funding, and ongoing projects.

The coronavirus pandemic further propelled meal kit popularity, as even restaurants started to unexpectedly prepare meal kits to sell their grocery inventory as an alternative source of revenue. However, one big question remains around the overall sustainability of meal kits, especially as demand for meal kits continues to grow.

A new report from Lux Research predicts the state of plastics sustainability over the next decade. In 2030, 15% of plastics will be sustainable, fueled primarily by a tripling of global plastics recycling along with strong regulatory action that bans the most problematic types of plastic products.

“Electrification of the automotive industry is no longer a question of ‘if’ but rather ‘how fast,’” explains Chris Robinson, Research Director at Lux and lead author of the report. “The push for electrification is due primarily to two factors – technology improvements and regulations. Because of this, automakers have cumulatively committed to investing hundreds of billions of dollars to design, build, and sell BEVs.”