DIGITAL JOURNAL - The growth in electric cars has not been as great as some market analysts have predicted. A new study shows that prices have been cut but demand has yet to compensate for the price reduction.
DIGITAL JOURNAL - The growth in electric cars has not been as great as some market analysts have predicted. A new study shows that prices have been cut but demand has yet to compensate for the price reduction.
COMPOSITES IN MANUFACTURING - Carbon fibre reinforced polymers (CFRPs) are a critical class of performance materials, but disruptions from COVID-19 have made the future of the industry uncertain.
AU MANUFACTURING - A new report has significantly downgraded expansion in the market for carbon fibre-reinforced polymers versus 2017 predictions, with the biggest change in the aerospace sector.
ROBOTICS & AUTOMATION NEWS - In a new report, The Future of Carbon Fiber Composites, Lux outlines major challenges and opportunities carbon fibers and CFRPs face and how standardization and recycling are enabling the CFRP market to grow to a $64 billion industry by 2030.
THE WORLD NEWS MONITOR - Carbon fibre reinforced polymers (CFRPs) are a critical class of performance materials, but disruptions from Covid-19 have made the future of the industry uncertain.
PCI MAG - Climate change, sustainability and digital transformation will drive massive change for future chemicals companies. Over the next 20 years, the chemicals and materials industries will face fundamental changes, forcing them to adopt new skills and develop new goals.
GULF NEWS - Comparative battery prices over the last decade. Note the sudden price drop for GM batteries because of the shift to pouch nickel metal cobalt composition. Note, also Tesla's ability to remain less expensive than Chinese BYD cells.
PLASTICS TODAY - COVID-19 will be a catalyst for antimicrobial research, and that interest will spike even further before the end of the year, according to a report from Lux Research. Here are some companies that are ahead of the curve.
DIGITAL JOURNAL - The antimicrobial properties of metals have been known about for thousands of years, and the use of copper and silver have been commonplace as part of hospital infection control strategies. Can specific surfaces help tackle coronavirus?
STOCKHOUSE - A report released this past summer by Lux Research determined that, despite COVID’s dramatic consequences on the global economy, an energy transition is predicted to be accelerated by several years.
VENDING TIMES - COVID-19 has drastically changed the perception of hygiene and cleanliness, spurring interest in antimicrobial coatings, according to a new report from Lux Research.
CONVERTING GUIDE - COVID-19 has drastically changed the perception of hygiene and cleanliness, spurring interest in antimicrobial coatings, according to a new report from Lux Research.
CPECN - By using this framework, innovation leaders can identify the trajectory of technologies they are either invested in or considering investing in, and the implications for their industry. Some technology outlooks will see persistent effects from COVID-19, while others will experience a more dynamic shock that changes over time.
FUTURECIO - Over the next 20 years, the chemicals and materials industries will face fundamental changes, forcing them to adopt new skills and develop new goals. The Lux Research report “The Chemicals and Materials Company of 2040,” predicts these changes will have a major impact on the flow of both materials and information.
ADHESIVES & SEALANTS INDUSTRY - The five trends that are shaping the post-COVID-19 future include infection prevention, remote commerce, improving resiliency, greater agility, and macroeconomic impacts.
REFINING & PETROCHEMICALS - Climate change, sustainability, and digital transformation will drive massive change for future chemicals companies. These changes will have a major impact on the flow of both materials and information. Lux Research outlines the factors impacting these industries and how they will cause large-scale change.
EPPM - In the new report “The Chemicals and Materials Company of 2040,” Lux Research outlines the factors impacting these industries and how they will cause large-scale change.
EE TIMES - Industry watchers nevertheless insist those public-private efforts pale in comparison to China’s AI push. “We see China’s AI goals as well as the goals in other ‘Made in China’ technologies are becoming more aspirational and aggressive,” said Jerrold Wang, an analyst with Lux Research.
OILMAN MAGAZINE - With growing worldwide momentum in decarbonization, the oil and gas industry is starting to acknowledge its impact on climate change, and is now increasingly committing to carbon neutrality goals and taking part in collaborative decarbonization initiatives.
MARKET WATCH - A word of caution from Christopher Robinson, an analyst with Lux Research in Boston: “It is pretty concerning to see so many pre-revenue companies going public. It feels like we are in a bit of a bubble.”
TECH CRUNCH - In its report titled, “The Impact of COVID-19 on Tech Innovation,” Lux Research found that the outbreak of COVID-19 will likely push corporations with major manufacturing and logistics operations to assess the potential of robotics.
MERCOM INDIA - The global energy storage market isexpectedto rise to $546 billion by 2035, according to Lux Research’s latest research report. According to the research report, the residential energy storage market is expected to grow at a compound rate of 76% annually, and a revenue increase of around $8 billion over the next three years.
SOLAR INDUSTRY - The global energy storage market is projected to grow to $546 billion by 2035, according to a report from Lux Research. One of the largest markets will likely be residential energy storage, with an expected compound annual growth rate of 76% and $8 billion revenue increase over the next three years.
THE EDGE - In line with the diversification into the technology business, Sino Hua-An has proposed a name change to Techna-X Bhd to better reflect its core business and future undertakings. Quoting a study by Lux Research, Lim says the global energy storage industry is expected to grow into a US$550 billion industry by 2035.
BENZINGA - The global energy storage market is projected to grow to $546 billion by the year 2035, according to a report from Lux Research. One of the largest markets will likely be residential energy storage, with an expected compound annual growth rate of 76% and $8 billion revenue increase over the next three years. Mentioned in today's commentary: NeoVolta, Tesla, SolarEdge Technologies, and Enphase Energy.
AGRIMARKETING - Global protein consumption is expected to climb at a compounded annual growth rate (CAGR) of 1.7 percent, reaching 943 million tons by 2054, according to Lux Research. On a global scale, greenhouse gas emissions generated by the animal agriculture industry in place to meet this demand account for 14.5 percent of all man-made greenhouse gas emissions - more than the worldwide transportation sector.
IT BRIEF - The COVID-19 pandemic has significantly changed the landscape for businesses across all industries. The analysts at Lux Research have identified key trends that will define how the world beyond the pandemic will be different, and highlighted their findings in their report titled ‘The Impact of COVID-19 on Tech Innovation’.
EP&T - The five trends that are shaping the post-COVID-19 future are infection prevention, remote commerce, improving resiliency, greater agility, and macroeconomic impacts. Each of these trends can have a positive or negative influence on an emerging technology. By considering the effects of these trends on technology, we can see how industries are being transformed.
ZUZULAND OBSERVER - There are five key technological trends that will define the post-COVID-19 world, according to Lux Research’s latest report, ‘The Impact of Covid-19 on Tech Innovation‘. These will be infection prevention, remote commerce, improving resiliency, greater agility, and macroeconomic impacts.
FARM PROGRESS - With consumer interest growing in plant-based products, Hormel introduces option for food manufacturers. In a report released this spring, "Plant Proteins: Present & Future," Lux Research evaluated 24 crops and their attractiveness as plant protein sources.
NUTRACAST PODCAST - Interest in personalized nutrition is surging, increasing more than threefold between 2017 and 2019. With more than a billion people worldwide diagnosed with diet-related diseases, costs for their care has jumped to more than $1 trillion dollars a year.
EX BULLETIN - According to two reports released today, the technological changes companies are making to survive a pandemic will continue long after the Covid-19 health crisis disappears, with long-term results for technology innovation and digitalization. Brings a leap forward.
TRIPLE PUNDIT - It's often easy to lose sight of any silver linings associated with the COVID-19 pandemic. However, one trend that's worth noting relates to how this global public health crisis could speed the transition to clean, renewable energy.
ELECTRONIC SPECIFIER - COVID-19 has drastically changed the landscape for businesses across all industries, forcing immediate changes – but ones that will have long-term consequences In the latest report by Lux Research, ‘The Impact of COVID-19 on Tech Innovation’, Lux has outlined five key trends that will define how the world beyond the pandemic will be different.
THE POWER OF DIGITAL POLICY - Personalization is impacting nearly every industry, with IoT providing new opportunities and a competitive edge. Wearables, healthcare, pharma, nutrition, CPGs, and other verticals are being impacted by an increasing personalization trends. Jonathan Melnick talks about the impact of IoT on industries, how to develop a roadmap, and why personalization is more important than ever.
TRADE ARABIA - Grejtak cites long-duration energy storage investments and project developments in the first half of 2020 by the likes of Highview Power, Form Energy, and AES Distributed Energy as just the beginning of the added urgency of companies preparing for the energy transition.
DIGITAL JOURNAL - Innovation interest in personalized nutrition is increasing, with investment growing more than threefold between 2017 and 2019. To examine nutritional factors, Lux Research has issued a study looking at personalized nutrition in healthcare.
STOCKHEAD - Lux Research, a tech-solutions advisory firm based in the US, said in a report this week that COVID-19 would accelerate the transition in economies to low and zero carbon emission technologies.
BUSINESS LIVE ME - The past year has been an unprecedented time, with COVID-19 having an immediate and significant impact on all aspects of the energy sector. Despite the dramatic consequences COVID-19 is having on the global economy, Lux Research predicts the energy transition will be accelerated by several years.
BIZ COMMUNITY - Despite the dramatic consequences Covid-19 is having on the global economy, the energy transition will be accelerated by several years as trillions of dollars are expected to flow through economic relief packages into low- and zero-carbon infrastructure, as well as research and development into technologies that enable it.
SDX CENTRAL - However, this is an expensive operational model that has so far limited the use of such systems. “Today, there are no examples of a quantum computer providing value for users that could not be achieved with a classical computer,” Lux Research noted in a recent report on quantum computing.
ELECTRONIC SPECIFIER - “The aftermath of COVID-19 will shake the economic fabric of the energy sector,” explained Yuan-Sheng Yu, Senior Analyst at Lux Research. “We witnessed many historical firsts, such as oil futures trading in the negatives, U.S. renewable energy in the electricity mix surpassing coal, and the largest year-over-year drop in global CO2 emissions.”
QUARTZ - In the months since the pandemic cratered the price of oil, the financial fallout has spread from drilling companies to refineries and oilfield maintenance companies. Now the crash has claimed another, more unlikely victim: The only system built to capture carbon emissions from a coal plant in the US, one of only two worldwide.
THE OGM - Trillions of dollars are expected to flow through economic relief packages into the deployment of low- and zero-carbon infrastructure as well as research and development into technologies that enable it.
INVESTING NEWS - Despite the dramatic consequences COVID-19 is having on the global economy, Lux Research predicts that the energy transition will be accelerated by several years. According to the research firm, trillions of dollars are expected to flow through economic relief packages into the deployment of low- and zero-carbon infrastructure, as well as research and development into the technologies that enable it.
PR NEWSWIRE - The past year has been an unprecedented time, with COVID-19 having an immediate and significant impact on all aspects of the energy sector. Despite the dramatic consequences COVID-19 is having on the global economy, Lux Research predicts the energy transition will be accelerated by several years.
C&EN - The shutdown shows that “the outlook for industrial CO2 capture for enhanced oil recovery applications does not look positive,” concludes an analysis by the market research firm Lux Research. Lux says the project won’t be economical again until oil prices reach $70 per bbl. They are currently below $45 per bbl.
REASON FOUNDATION - The big news for hyperloop advocates was last month’s announcement by the U.S. Department of Transportation (DOT) that hyperloop is a type of railroad, and therefore it will be regulated by the Federal Railroad Administration (FRA) and will be eligible for FRA grants and loans.
FOOD NAVIGATOR - Shoppers have a contradictory relationship with plastic food packaging. On the one hand, we have witnessed a massive public backlash against plastic pollution. On the other, we recognise the need to protect and preserve food and that plastic is, currently, the most effective solution. What is the right balance?
CHANNEL EYE - Lux Research Analyst and lead author of the report Harshit Sharma said that trade globalisation, digital consumers, and low oil prices have all driven growth in the T&L industry while imposing new challenges.
DC VELOCITY - And actually, another study, also released in the last couple of days, by Boston-based Lux Research, showed that the transportation industry, in their estimation, is—in general—is in its infancy when it comes to what they call digital transformation, which is, you know, applying new technologies across your business.
TECHREPUBLIC - The top five highest-funded startups in the space have raised about $630 million, comprising about 60% of external funding, according to Lux Research.
AUTOMOTIVE WORLD - In its latest report, “The Digital Transformation of Transportation and Logistics,” Lux Research highlights the most compelling use cases for digital transformation within transportation and logistics and shows where maturation is still needed.
SUPPLY CHAIN QUARTERLY - Studies show long-standing pressures mixed with Covid-19 stress may cut into profits and delay recovery time in some industry segments—and that digital transformation is key to moving forward.
PLASTICS IN PACKAGING - In its report, ‘In the Path of Destruction: Preparing for Climate Change in the Chemical Industry’, Lux said the industry needed to adapt towards small-scale, decentralised operations, even if it was less economical to do so.
VEGETABLE GROWERS NEWS - Looking forward, Lux Research predicts developments in all six segments of the value chain in the coming three years. On farms, integrated crop protection will become industry-standard, while post-harvest wax coatings will lose dominance to a mix of bio-based coating solutions.
FRUIT GROWERS NEWS - A new report by Lux Research, “Preserving the Food Chain,” outlines key protection and preservation technologies to help companies achieve significant reductions in both pre-consumer food loss and post-consumer food waste.
PRODUCE PROCESSING - Food loss and waste (FLW) currently causes an estimated $1 trillion in economic losses globally each year. This constitutes a major humanitarian crisis in addition to an economic one, leading the United Nations to set a goal of reducing global FLW by 50% by 2030.
CONNECTED TECHNOLOGY SOLUTIONS - In the new report ‘Preparing for Quantum Computing’, Lux Research addresses what businesses need to know about quantum computing, including why it is better, when it will become available, and how a company should engage with it.
ROBOTICS & AUTOMATION NEWS - Potential buyers are not aware of the potential of robots, nor which companies can supply and integrate them into their business, according to a report by Lux Research.
MARKETS INSIDER - According to Anthony Vicari, Analyst at Lux Research, "Metamaterials have the potential to improve performance and enable new capabilities in a broad range of industries and applications. They are not so much a new class of materials as a new way of using materials, so using them requires different expertise than conventional materials development."
C&EN - Many brand owners see value in bringing biobased chemicals and materials into their supply chains because consumer attitudes are changing, says Anthony Schiavo, an analyst at the market research firm Lux Research. He says concerns about plastic waste and greenhouse gas emissions are making an impact on shopper’s choices.
MSN - “Vertical integration and scale are key to profitability. Tesla hasn’t turned an annual profit as a company just yet, but does make the Model 3 profitably. It’s produced at a larger scale on a dedicated electric platform – something few others have yet achieved.”
DIGITAL STRATEGY CONSULTING - Over the next 10 years, it is uncertain if quantum computing will consistently outperform today's supercomputers for useful business-related problems, if at all. In the new report “Preparing for Quantum Computing,” Lux Research addresses what businesses need to know about quantum computing.
PHARMAPHORUM - Commenting on the increasing pressure on Congress to make these changes permanent, Lux Research analyst Danielle Bradnan said that legislators are concerned about broadband internet access, payer reimbursement, and licensure barriers – as currently, medical licenses are only valid for specific states.
HEALTHCARE FINANCE - In a statement separate from the letter to Congress, Lux Research Associate Danielle Bradnan said key concerns for legislators are broadband internet access, payer reimbursement and licensure barriers, since, currently, medical licenses are only valid for specific states.
DATAQUEST - When we talk of energy conservation or energy storage and making India an EV first nation, one thing that is common between these two is the mode of storing the energy.. i.e. the batteries. According to a report released by Lux Research, the total energy storage market is expected to grow to $546 billion in annual revenue by 2035.
INSIDEEVS - Price reductions regarding the battery pack are crucial. As Sandy Munro once said, the powertrain represents 51 percent of the price of an electric car. But there are more aspects that make EV production become a business more than a commitment to clean transportation, according to Robinson.
IT BRIEF - Significant obstacles will challenge quantum computing developers in the coming years, despite the technology's increasing importance as part of the broader wave of digital transformation, according to Lux Research.
ELECTRONICS ONLINE - As innovation continues to accelerate, quantum computing has become an increasingly important technology to monitor as part of the broader wave of digital transformation — but how long will it take to prove its value?
PV MAGAZINE - According to Tim Grejtak, analyst at Lux Research, “countries representing $9 trillion of global GDP cannot meet their energy demands solely through domestic renewable energy production and will require the import of renewable energy from more resource-rich countries.”
FORBES - Companies now face unprecedented hurdles as they struggle to reopen, but there is a growing number of technological weapons they can deploy to make workplaces safe, a new report from tech research group Lux Research, asserts.
ENGINEERING NEWS - US research and data company Lux Research has, in its most recent report, 'Preparing for Quantum Computing', cautioned that quantum computing is still at least a decade away from being a useful, reliable technology for most businesses.
INSIDE HPC - As for quantum computing, Lux Research, Boston, can be added to those who say that while quantum is progressing toward eventual practical realization, achieving “quantum superiority” over classical supercomputing within the next 10 years is less certain (though Google claimed to have broken the superiority barrier last year).
OILPRICE.COM - It might come as a surprise that not all EVs are profitable, given that most EV-related headlines in the mainstream media are dedicated to Tesla, and Tesla continues to surprise the market with robust profits. But industry-wide, EVs have yet to turn in a profit, a new report from Lux Research says.
SUPPLY CHAIN BRAIN - Yuan-Sheng Yu, senior analyst with Lux Research, explains why coal is no longer an economically viable source of energy in the U.S. The economics of mining coal for energy consumption are no longer viable, Yu says. A major reason is the rise of cheap natural gas over the past few decades.
DAILY TRUST - Prices of Electric Vehicles (EV) have gone down as automotive companies shift focus on making non-gasoline automobiles, a new research has shown. Similarly, it is forecast that by 2035 and 2040, electric vehicles would make up more than half of all vehicle sales worldwide.
ELECTRONIC SPECIFIER - Lux Research’s new report, ‘Back in Business: Using Technology to Open During COVID-19’, addresses the critical technologies businesses need to adopt to fight against COVID-19 in the workplace.
MASHABLE - Lyft's ownwhite paperon switching its drivers to electric vehicles banks on a drop in EV prices and the ongoing trend of lower costs for electric batteries. EV prices are steadily decreasing as analyst firmLux Research's latest EV reportshows with the average EV purchase cost dropping to $33,901 in 2019 from $42,189 in 2016.
THE ECONOMIC TIMES - The coronavirus fallout will likely limit the adoption of plug-in vehicles along with the broader automotive market in the coming two to three years according to a new report from Lux Research.
INSIDE EVS - According to a recent report from Lux Research, prices of EVs from the traditional brands have dropped drastically since 2016, but most remain unprofitable. Of course, this isn’t likely to change as long as the companies insist on producing just enough EVs to satisfy regulations in markets such as California.
SUPPLY & DEMAND CHAIN EXECUTIVE - In the new report “The Digital Transformation of Chemicals and Materials,” Lux Research outlines use cases already in practice in facets of the chemicals and materials industry and a vision for how digital technologies will reshape the chemicals and mater
THE ECONOMIC TIMES - According to Lux Research, shared EV platforms and more efficient EV designs will increase profitability as EVs are poised to be the dominant powertrain by 2040.
FIERCE ELECTRONICS - Lux Research senior analyst Christopher Robinson noted in a recent blog that despite a shutdown of AV testing, a few use cases have emerged using AVs in response to the pandemic. In one example, Neolix, a driverless delivery startup in China, has used its small road-based AVs to deliver food and medical supplies and to spray disinfectant in public places.
ESI AFRICA - Automakers have been focusing their efforts on making profitable battery electric vehicles (BEVs) while addressing consumer pain points related to charging speed and range.
EUROPEAN PLASTIC PRODUCT MANUFACTURER - According to Lux Research’s report, “The Electric Vehicle Inflection Tracker: 2020 Edition,” most of automakers’ attention has been focused on making battery electric vehicles (BEVs) that are profitable while addressing consumer pain points related to charging speed and range.
DETROIT FREE PRESS - Still, this EV war could wage on for a while, as could the battle for talent. Boston-based data and research firm, Lux Research, said its electric vehicles will not comprise more than half of all vehicle sales until sometime between 2035 and 2040.
UTILITIES MIDDLE EAST - Lux believes automakers should focus on their battery supply chain. Battery shortages have already caused some automakers to reduce their BEV production plans.
NGT NEWS - According to Lux Research's report, The Electric Vehicle Inflection Tracker: 2020 Edition, most of automakers’ attention has been focused on making battery electric vehicles (BEVs) that are profitable while addressing consumer pain points related to charging speed and range.
THE GUARDIAN - The additional pressure of the pandemic “will likely shutter the US coal industry for good”, said Yuan-Sheng Yu, senior analyst at Lux Research.
POWER ENGINEERING INTERNATIONAL - Decarbonisation is difficult to achieve cost-effectively in most countries, due to fundamental limitations in solar and wind resources, but the solution may lie in the development of renewable energy carriers and new zero-carbon energy supply chains.
BENEFITS PRO - “Digital therapeutics are poised to change health care by allowing for the diagnosis, management, and treatment of medical conditions in a low-cost, scalable way,” the Boston-based tech advisory firm Lux Research said in a new analysis.
DHAKA TRIBUNE - They predicted 2030 to be the first tipping point for deploying renewable energy import infrastructure, and 2040 as the point when imported liquid hydrogen becomes cheaper than low-carbon steam methane reformation. These predictions give companies just 10 years to develop the partnerships and pilot projects necessary to demonstrate such a transformative energy paradigm.
RENEWABLE ENERGY MAGAZINE - Many countries around the world must develop innovative renewable energy carriers and supply chains in order to decarbonise cost effectively says Lux Research.
DATANAMI - “While yet to become a law, [the legislative proposals] could pave the way toward future privacy protection laws similar to the California Consumer Privacy Act and the EU General Data Protection Regulation,” said Jerrold Wang, an analyst with Lux Research.
E&T - Lux Research, for example, expects a digital-twinning approach similar to that now being applied to product design to improve OEMs’ visibility over what they buy. In this environment, an OEM would use digital models to help switch suppliers and subcontractors quickly – and there would be no inherent requirement for these suppliers to be local.
EEDESIGNIT - Digital therapeutics are poised to change healthcare by enabling diagnosis, management, and treatment in a low-cost and scalable way. In its new report ‘Digital Therapeutics’, Lux Research shows that partnerships are imperative to success when evaluating what digital therapeutics to employ.
ENR NEWS - “We believe that asset scales are now at a tipping point,” Grejtak says, and that may make other energy-storage solutions more attractive than lithium-ion. Vanadium redox flow batteries have a different scaling factor and performance variable from lithium-ion, which makes them attractive beyond 100 MW, he adds.
CAPITAL PRESS - The “unicorn” status of Beyond Meat, Impossible Foods and Just — plant-based meat startups whose market valuation has topped $1 billion — is a major driver in the rising popularity of plant protein sources, according to a recent report from Lux Research, a data analysis company.
VALUE WALK - What’s the role of digital therapeutics in healthcare? A major one according to Lux Research, including in reducing healthcare costs.
CIO - These five organizations are using natural language processing to better serve their customers, automate repetitive tasks, and streamline operations.
THE NATIONAL - Sustainability, functionality, differentiation and personalisation are the “mega trends” that will drive the growth of the textile and clothing industry, according to a new report from Lux Research.
THE MOTLEY FOOL - Sara Olson, director of research at emerging-technologies data firm Lux Research, recently said: "Plant-based burgers and chicken alternatives have a window of opportunity right now to present themselves as more reliable alternatives -- or potentially the only choice -- next to empty meat cases in grocery stores.
WWD - “Megatrends” sustainability, functionality, differentiation and personalization are the four key drivers for textile and apparel industry growth, according to a new report by Lux Research, a New York-based research and data company.
DEL REPORT - Materials innovations are key to driving textile and apparel industry growth despite fragmented supply chains and economic headwinds, according to Lux Research. Low cost tolerance and fast product cycles make materials innovation a challenge, but both brands and consumers are demanding change and creating new opportunities for innovation.
YAHOO FINANCE - "Agricultural challenges in commodity crop production and processing will be slower to percolate into the food chain, meaning plant-based burgers and chicken alternatives have a window of opportunity right now to present themselves as more reliable alternatives –- or potentially the only choice –- next to empty meat cases in grocery stores," said Sara Olson of Lux Research.
CPECN - Lux recommends using synbio for the creation of specialty chemicals, where numerous value propositions, including the rarely applicable cost savings, are used in commercialized developments.
GLOBAL MEAT NEWS - As more meat plants temporarily close or operate at reduced capacity as coronavirus spreads, plant-based brands “have a window of opportunity to present themselves as more reliable alternatives,” says Lux Research.
ENERGY WATCH - The ongoing oil crisis offers an appetizer of potential oil demand in the 2030s and thereby also exposes pitfalls, says Lux Research Energy Economist Arij van Berkel.
E&E NEWS - There are 50 or 60 scooter companies around the globe, said Christopher Robinson, a mobility analyst at Lux Research. He added, "You will see a lot of the smaller companies not survive this."
COATINGS WORLD - Digitization is being used in purchasing and procurement in two key ways: to understand product quality and detect genuine vs. counterfeit products, and to lower transaction costs through increased pricing visibility.
ENERGY WATCH - If the largest oil outfits opt to diversify their operations away from the core business, the corona crisis provides an exceptional opportunity to overtake greener utilities, a Lux Research energy economist says.
SUPPLY CHAIN MARKET - Digitization is being used in purchasing and procurement in two key ways: to understand product quality and detect genuine vs. counterfeit products, and to lower transaction costs through increased pricing visibility.
MODERN MATERIALS HANDLING - Lux Research analysts find warehousing and transport have the most innovation activity, while planning and forecasting platforms have outsized importance.
ITS INTERNATIONAL - “Despite the considerable amount of hype and attention that hyperloop has received and the potentially important role it could play in decarbonising long-range transit, the concept remains more or less unproven," said Christopher Robinson, Lux senior analyst.
VEGNEWS - “African swine fever (ASF) had already decimated Asian swine herds before COVID-19 came along to put further strain on Asia’s meat supply, and the rest of the world’s meat industries are in serious danger of being unable to maintain status quo production,” Sara Olson, Director of Research at data insight firm Lux Research, said.
FOOD & BEVERAGE INDUSTRY NEWS - Gene editing or advanced breeding approaches will increase protein content in crops, while innovative extraction methods will enable new crops as sources of protein isolates and concentrates. Lux also predicts that novel processing technologies and ingredients will improve the sensory and nutritional qualities of plant-based proteins.
VEGWORLD - Plant-based protein production has grown dramatically in order to meet the increasing demand coming from the swelling global population, expected to reach 10 billion by 2050.
CAPE BUSINESS NEWS - The total energy storage market is expected to grow to $546 billion in annual revenue by 2035, according to a report released by Lux Research.
THE CHEMICAL ENGINEER - Lux Research recommends synthetic biology for creating specialty chemicals. It says the technology is suited to producing novel and niche products but less suited to commodity chemicals due to scaling and market development challenges.
INTELLASIA - “The negative price for May WTI futures was probably an anomaly, but it also was a symptom of bigger underlying issues that the industry must address,” said Arij van Berkel, who leads the energy research team at Lux Research in Amsterdam.
FOOD LOGISTICS - Employers are also taking more action to make their workplaces more sustainable, showing that attracting and retaining top talent requires taking environmental impact seriously.
PROCESS WEST - Lux Research Director Arij van Berkel spoke with Don Horne of PROCESSWest on what the industry is experiencing, and what it can do to come out the other side.
THE NEW YORK TIMES - "The negative price for May WTI futures was probably an anomaly, but it also was a symptom of bigger underlying issues that the industry must address," said Arij van Berkel, who leads the energy research team at Lux Research in Amsterdam.
THE WORLD NEWS - "The negative price for May WTI futures was probably an anomaly, but it also was a symptom of bigger underlying issues that the industry must address," said Arij van Berkel, who leads the energy research team at Lux Research in Amsterdam.
COATINGS WORLD - In the report “Making Sense of Sustainability,” Lux Research addresses three primary questions: whether companies should bother with sustainability at all, how to set the right goals, and how to incorporate sustainability into strategy.
BIO BASED PRESS -First of all, according to Lux Research, sustainability is crucial because it is good for business as such. Companies with a high ESG score (Environment, Social, Governance) perform better than average; and companies with low scores perform much worse.
MICROGRID KNOWLEDGE - “Companies have already been driven to bankruptcy in part due to not responding quickly enough to these changing consumer demands, making sustainability an important factor for businesses to consider,” says Gihan Hewage, lead author of the report.
THE GLOBE AND MAIL - “In North America, people are quite skeptical of autonomous vehicles; that makes it hard to get them on the road for testing,” says Chris Robinson, a senior analyst with Lux Research. “So if there are a large number of cases showing that AVs are keeping people safe, that could help sway public opinion.”
POLITICO - A new analysis by the firm Lux Research lays out the challenges ahead for the burgeoning hyperloop industry. It finds that cost, not technical challenges, is the biggest barrier for the futuristic vacuum trains, which have been hyped over the last few years.
PATCH - Is synthetic biology the next wave of sustainability and eco-friendly chemical production? According to Lux Research, the answer is yes. Synbio value propositions apply across all industries, but for chemical production, the environmental benefits of reducing one's carbon footprint and using less-toxic compounds are highly applicable.
ZACK'S - As a rapid innovation aside, an unexpected way that these car makers are being forced to adapt and innovate comes courtesy of the current global health crisis. Here was the recent view of the automotive industry being tasked to produce much-needed ventilators, from Lux Research Analyst Michael Sullivan...
RENEWABLE ENERGY MAGAZINE - Lux Research’s new report, “Electrifying Chemicals: The Cost of Producing Chemicals from Electricity,” predicts that emerging power-to-chemicals technologies will disrupt the dominance of oil and gas in the chemical sector and provide a new route of production, especially for the niche product sector.
SEAFOOD SOURCE - Increased production of algae-based ingredients is currently focused on biofuels, nutraceuticals, and human food, but algal oil production developments by companies, including Veramaris and AlgaPrime DHA, highlight opportunities within the aquaculture feed industry beyond replacing fishmeal.
DIGITAL JOURNAL - The market for connected cars is also growing, as Lux Research point out in the report “Key Players and Business Models in the Connected Car.” Not only does the report predict that the connected car market willhit $12.7 billion by 2030; the report also reveals an ecosystem of growing complexity.
COATINGS WORLD - Synbio has enabled the creation of organisms that use fermentation to produce a wide variety of chemicals from renewable feedstock, which Lux predicts in its new report, “Strategies for Synbio Success,” will evolve this decade from creating niche, environmentally friendly products to creating new molecules not available with current technology.
FORBES - As Arij van Berkel, director at Lux Research points out the traditional oil company approach to a price drop is to maintain investment in exploration and cut downstream investment in refineries and clean energy. With the oil price this low, and many expecting the price to remain low throughout the year, that’s not a strategy that makes much sense.
TECHNOLOGY FOR YOU - Despite significant hype, most companies still struggle with how to successfully integrate artificial intelligence into their businesses, according to Lux Research’s new report on the state of AI and how companies can improve decision-making around AI.
TECHNOLOGY FOR YOU - Recent key developments are shaping industry trends across consumer markets for 2020 and beyond. In a new report, Lux Research’s leading agri-food and health analysts collaborated to compile a list of the top developments across applications of digital technologies, resource availability, plant-based foods, and environmental conservation
HANOVER MESSE - The US research company Lux Research expects annual sales in the energy storage market to grow to over USD 500 billion by 2035, with mobility applications accounting for the lion’s share of the increase.
TECHNOLOGY NETWORKS - According to Lux Research’s new whitepaper, “Improving the Front End of Innovation with Artificial Intelligence and Machine Learning,” NLP can improve processes including technology landscaping, competitive analysis, and weak signal detection.
PR NEWSWIRE - Innovation leaders are seeking ways to use artificial intelligence (AI) effectively to extract value and leverage data for maximum impact. Lux considers natural language processing (NLP) and topic modeling the AI tools of choice.
PV MAGAZINE - “The oil industry is facing an unprecedented drop in demand as a result of the global measures against COVID-19,” assessed Director of Lux Research Arij van Berkel.
BIOWORLD - Test samples must be shipped to an independent, CLIA-certified lab for many test collection sites, Bradnan said, adding that the process in question “is identical to the process of at-home testing companies, which mainly serve as infrastructural support for sampling.”
PV MAGAZINE - Arij van Berkel, this morning said early projections indicated a 20% fall in global demand for oil, only the second such slump on record, with the previous instance occurring in 1980, after the Iranian Revolution a year earlier.
PV TECH - No industry is immune from the impacts of COVID-19 and oil has not escaped unscathed either, according to a release from Lux Research, which reported that oil demand is down 20% as a result of the virus.
OFFSHORE TECHNOLOGY - Early figures are suggesting that the outbreak of Covid-19 could have a significant impact on global oil demand, with Arij van Berkel, a director at US-based research firm Lux Research claiming that “early indications by traders suggest a 20% drop in demand.”
PHARMAPHORUM - The US government has shaken up access to telemedicine services to make it easier for people to get advice remotely, without having to visit medical facilities overstretched by the COVID-19 pandemic.
E&E NEWS - Christopher Robinson, a mobility analyst at Lux Research, praised UCS's effort. "Studies in the past have looked at a specific city or some more narrow scope. To date, this is the most comprehensive," he said. "It will be interesting to see the response that cities have to this."
SUPPLY & DEMAND CHAIN EXECUTIVE - Autonomous vehicles paired with drones show the most promise, with Lux Research expecting them to deliver more than 20 billion parcels a year by 2030.
MEDIA POST - The most promising of automated delivery methods are autonomous vehicles paired with drones, according to Lux. "Robot-as-a-service business models are emerging in startups developing last-mile automated delivery technologies," stated Lux research analyst Josh Kern.
BUSINESS INSIDER - Large segments of the $840 billion airline industry are ripe for electrification, according to an analyst at the research firm Lux Research.
SMART CITIES WORLD - The rise in e-commerce is fuelling rapid growth in parcel delivery volumes and Lux’s Automating the Last Mile report forecasts that the market for parcel delivery will grow from a total of 107 billion parcels delivered in 2019, generating $350bn in revenue, to 289 billion parcel deliveries in 2030, generating $665bn.
PR NEWSWIRE - The rise in e-commerce is fueling rapid growth in parcel delivery volumes, a market expected to grow to $665 billionby 2030.
TECHNOLOGY FOR YOU - The resulting impact on remote work done in the field could be substantial. “You have the ability to conduct multi-media assisted collaborations you wouldn’t have been able to accomplish before,” says Michael Sullivan, an analyst at Lux Research.
COATINGS WORLD - Lux found that, given the higher costs of production for most drop-in intermediates, those being targeted in the short term will benefit from having niche markets where labeling products as “bio-based” is an asset.
EPS NEWS - For months, economists – and, frankly, a lot of market research firms-- have practiced a “wait and see” attitude toward the global economic impact of the coronavirus, or Covid-19. As the virus spreads worldwide, the stock market tanks and rebounds and China begins to stabilize, the experts are speaking out:
BUSINESS INSIDER - The residential battery market is growing at a rate of 76% per year and is projected to break $50 billion in revenue by 2035, according to the research firm Lux Research.
INVESTOPEDIA - In 2030, self-driving cars are expected to create $87 billion worth of opportunities for automakers and technology developers, said a report by Boston-based Lux Research. Software developers stand to win big.
PV MAGAZINE - It’s energy storage projects as investment-grade finance tools for institutional investors that will grow the energy storage market to $546 billion in annual revenue by 2035, as predicted by Lux Research.
BUSINESS INSIDER - We took a look at the six industries fueling that enormous growth. EVs are waaaay out in front. "Everybody is pursuing the electric vehicle market," Lux's Chloe Holzinger told me.
RENEWABLE ENERGY WORLD - Lux Research concludes that revenue and deployment growth for the energy storage market will vary drastically over the next three years. Plug-in light-duty vehicles will likely remain the largest market with a predicted $24B increase in revenue by the end of 2022.
FORBES - The total energy storage market is expected to grow to $546 billion in annual revenue by 2035, up from just $59 billion in 2019, according to a report released by Lux Research.
AQUAFEED.COM - A new report by Lux Research, “Future fish feed: Forecasting alternative aqua feed ingredients,” evaluates insect protein, single-cell protein, and algae protein as options to replace fishmeal. The report predicts that over the next 30 years, 15 million MT of new protein will be needed for aquaculture.
FORBES - The Renault-Nissan-Mitsubishi alliance, Tesla and Volkswagen, which held about 70% of Europe’s battery electric vehicle sales last year, will remain Hyundai’s biggest competitors, says Chris Robinson, senior analyst at Lux Research.
PV MAGAZINE - The report, “Global Energy Storage Market 2019,” estimates that the three main drivers of energy storage – mobility applications, electronic devices, and stationary storage – will reach an annual combined deployment level of 3,046 GWh over the next 15 years.
SAUR ENERGY INTERNATIONAL -Mobility applications remain the long-term growth and demand driver for energy storage through 2035, with personal mobility devices expected to increase to USD 43.7 billion from their current USD 2 billion in revenue.
GOVERNORS' WIND & SOLAR ENERGY COALITION - “Tesla has struggled to commercialize its solar roof,” said Benjamin Torda, a research associate at Lux Research Inc., in an email to E&E News. “Panasonic is in the process of divesting from unprofitable businesses, and Tesla’s solar roof is far from a clear money maker.”
PV MAGAZINE - All data points suggest we’re on the cusp of massive growth in energy storage. The total energy storage market is expected to grow to $546 billion in annual revenue by 2035, according to a report released by Lux Research.
PROCESS WORLDWIDE - The ‘Global Energy Storage Market 2019’ report by Lux Research predicts mobility applications to be a major contributor to the energy storage segment. The other two demand drivers are expected to be electronic devices and stationary storage.
BUSINESS INSIDER - Lithium-ion batteries are projected to drive much of that growth, though new versions of these batteries made with silicon anodes or sheets of lithium metal are expected to amass considerable market share leading up to 2035, Chloe Holzinger, a researcher at Lux, told Business Insider.
THE ECONOMIC TIMES - Lux Research estimates that the three main drivers of energy storage – mobility applications, electronic devices, and stationary storage – will reach an annual combined deployment level of 3,046 GWh over the next 15 years, up from the current 164 GWh, with mobility applications making up the lion’s share of the growth.
ESI AFRICA - Growth in revenue and deployment for the energy storage market over the next three years will be markedly different from the overall 2035 projections, with plug-in light-duty vehicles remaining the largest market with a predicted $24 billion increase in revenue by the end of 2022.
EE NEWS POWER MANAGEMENT - Battery recycling, electric aviation, flow batteries, thin-film batteries, and solid-state battery improvements are set to drive the energy storage market to over $546bn by 2035.
ETF TRENDS - “The energy storage industry is poised for a massive increase in annual revenue and deployment capacity as key innovative technologies, such as solid-state batteries and flow batteries, reach commercialization,” according to Lux Research.
ALBAWBA - Growth in revenue and deployment for the energy storage market over the next three years will be markedly different from the overall 2035 projections, with plug-in light-duty vehicles remaining the largest market with a predicted $24 billion increase in revenue by the end of 2022.
SMART SOLAR - The report, “Global Energy Storage Market 2019,” estimates that the three main drivers of energy storage - mobility applications, electronic devices, and stationary storage - will reach an annual combined deployment level of 3,046 GWh over the next 15 years, up from the current 164 GWh, with mobility applications making up the lion's share of the growth.
POWER - A new report from a global research, data, and analytics firm says the total market for energy storage will reach $546 billion in annual revenue over the next 15 years, led by the continued electrification of the transportation sector.
ENVIRONMENT + ENERGY LEADER - The report identifies five major technologies that are well-positioned to drive growth in energy storage markets: battery recycling, electric aviation, flow batteries, thin-film batteries, and solid-state battery improvements.
POWER TECHNOLOGY - Lux Research analyst and report author Chloe Holzinger said: “The energy storage industry is poised for a massive increase in annual revenue and deployment capacity as key innovative technologies, such as solid-state batteries and flow batteries, reach commercialisation.”
MINING.COM - The report points out that China’s scooter and e-bike sales already exceed 30m units per year and in parts of Europe, e-bikes are also already outselling conventional bicycles. By 2035, personal mobility is forecast to be a $43.7 billion market.
PR NEWSWIRE - The report identifies five major technologies that are well-positioned to drive growth in energy storage markets: battery recycling, electric aviation, flow batteries, thin-film batteries, and solid-state battery improvements.
IOT NEWS - “The connected car marketplace – and the opportunities surrounding it – has changed significantly since its hyper consumer- and leisure-focused infancy,” said Josh Kern, Analyst at Lux Research and the report’s lead author.
ORLANDO SENTINEL - “At this time, consumers are holding on to phones longer and trying to pay less for phones,” Schiavo said. “There has been a lot of pushback on increasing prices. It’s going to take time for phones in the mid-range to get this technology and bring costs down.”
BIO BASED PRESS - In various scenarios, Lux tries to figure out what effect energy and plastic waste prices, as well as the purity of the collected waste, will have on the technology mix. ‘The purity and composition of plastic waste streams are the biggest factors for determining the economics of recycling technologies,’ Charles Willard writes in an answer to my questions.
C&EN - Greener alternatives for making nitrogen would be a boon for agriculture around the world but require significant investments in R&D and capital spending. Unfortunately, industry does not yet have a way to recoup those investments—and that has stymied progress, says Runeel Daliah, an analyst at Lux Research.
FORBES - The increased activity in building battery manufacturing facilities near car assembly factories helps LG Chem stay ahead in Europe, says Chloe Herrera, a research associate at Lux Research.
CASCADE BUSINESS NEWS - Advanced plastic recycling technologies have been, and continue to be, developed to reduce the scale of this issue. Lux Research placed plastic recycling at the number three spot of its ‘Top 20 Transformational Technologies for 2020’.
CONSTRUCTECH - Despite significant hype, most companies still struggle with how to successfully integrate AI into their businesses, according to a Lux Research report on the state of AI and how companies can improve decision-making around AI.
FOOD BUSINESS NEWS - Personalized nutrition is picking up steam. Start-ups in the space have secured more than $150 million, according to Lux Research, and both Edelman and U.S. News & World Report listed it as a top trend for 2020.
INDUSTRYWEEK - McCollum tells IndustryWeek, the key to success is to prioritize quick wins early in the process. “This means investing in use cases where AI is more mature and considering how the challenges of scaling a solution across an organization such as data availability can be overcome,” he says.
IDM - The massive amounts of hype and promise surrounding AI and related technologies like machine learning and deep learning, is preventing organisations from making critical innovation and investment decisions, according to a new report from research and advisory firm Lux Research.
FLEXIBLE PACKAGING - Lux points to a near-term future where no one technology takes a commanding market lead and where market conditions and global public policy will significantly impact each technology.
COATINGS WORLD - "The economics of plastic waste recycling are in continuous flux, with political and economic winds impacting the direction of the four main recycling technologies," said Charles Willard, Lux senior research associate and author of the report.
BIV - The opposing opinions come from two U.S.-based research groups: Lux Research in Boston and the Information Technology and Innovation Foundation (ITIF) in Washington, D.C.
DIGITAL INSURANCE - Most organizations are still struggling with how to successfully integrate artificial intelligence into their businesses, according to a new report from research and advisory firm Lux Research on the state of AI and how companies can improve decision-making around the technology.
CDO TRENDS - The report by advisory firm Lux Research looks at the current state of artificial intelligence and offering some tips on how organizations can make their AI projects a success. Of note is the assertion by the report that integrating AI can be a gamble for many companies.
SOLAR BUILDER - Surveying the examples where VPPs have been successfully deployed, we at Lux Research have identified four key indicators companies should look for when evaluating new markets to deploy VPPs.
INFORMATION WEEK - "Given the massive amounts of hype and promise surrounding AI and related technologies like machine learning and deep learning, it's become increasingly difficult to make critical innovation and investment decisions in the space," writes Lux analyst and lead report author Cole McCollum.
HORTIBIZ - “The development of state specific cannabis regulations remains in flux,” Josh Kern, an analyst for autonomous systems with Lux Research in Boston. “While we expect states to slowly pass industry favorable legislation, it still remains a fragmented industry..."
ELECTRONIC DESIGN - According to crunchbase, U.S. venture funding for AI/ML-related companies has gone from less than $100M (less than 50 deals) in 2008 to almost $5,000M (almost 750 deals) in 2017. Likewise, according to Lux Research, AI venture funding in China has gone from less than $100M in 2014 to $3,000M in 2018.
MY TECH DECISIONS - Artificial intelligence is grabbing everyone's attention, but technology decision makers should only invest when it actually makes sense, new research says.
CXO TODAY - The report by Lux Research titled: “State of Innovation in Asia: Key Industries and Players Shaping Asia’s Innovative Ecosystem,” showed that in 2018, China, Japan and South Korea spent a combined $613 billion on R&D, bagging three of the top five spots globally.
DESTINATION CRM - To show just how pervasive the technology has become, 5G networks claimed the top spot in Lux Research's "20 for 20" report, an annual list of technologies and trends that are expected to transform the way we live, work, and play over the next decade.
C&EN - The proposed LafargeHolcim facility would capture CO2 equal to around 9% of emissions from all US cement production. “It is a significant announcement for both the cement and CO2 capture industries,” says Runeel Daliah, an analyst at the technology research firm Lux Research.
GATEHOUSE TELECOM - Even though most operators rely on the LoRa network, the NarrowBand IoT, or NB-IoT, network is expected to capture over 90 percent of the LPWAN connections globally, according to a report by Lux Research.