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Lux In The News

Daily News Wrap-Up: Sweden’s Azelio to Supply 65 MW of Energy Storage Systems to India

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.

Global Energy Storage Projected to Reach Half a Trillion Dollars by 2035

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. 




Sino Hua-An eyes energy storage as game changer

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.

Global Energy Storage Projected to Increase to $546 Billion 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.

IMPOSSIBLE FOODS RAISES ADDITIONAL $200 MILLION, TOTAL OF $1.5 BILLION TO DATE

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.

Researchers identify impact of COVID-19 on technology innovation

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’.

Tech innovation to improve resiliency, agility post-COVID-19

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.

Research shows how Covid-19 impacts technology

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.



Hormel launches plant-based foods

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: Lux researcher Sara Olson on overcoming obstacles in personalized nutrition

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.

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