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.
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.
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.
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.
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.
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.
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.