Press Releases

Lux Research Predicts Synthetic Biology Has High Potential as an Alternative Production Method for Chemicals

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.

Natural Language Processing is an Untapped AI Tool for Innovation

“Previously, an investigation was hindered by either the limited knowledge or bias of the primary investigator, both of which are mitigated when using machine learning. A beneficial technology or idea is less likely to be missed due to an error in human judgement,” explained See.

Lux Finds Personalization is Driving Innovation Across Consumer Markets

In a new report, “Bio-based Intermediate Chemicals 2019 Update”, Lux Research evaluates 24 intermediates to identify those they believe will have the highest adoption based on production technology and market potential, presenting current scenarios beyond oil prices that are likely to provide opportunities for bio-based chemicals.

Lux Research Predicts Automated Deliveries Will Generate up to $48.4 Billion in Revenue by 2030

Lux forecasts that the market for parcel delivery will grow from a total of 107 billion parcels delivered in 2019, generating $350 billion in revenue, to 289 billion parcel deliveries in 2030, generating $665 billion in revenue, resulting in a combined annual growth rate (CAGR) of 9.5% in parcel count and 5.8% in market value.

Lux Research Names Bio-Based Intermediate Chemicals With the Greatest Potential for Adoption Over the Next 10 Years

In a new report, “Bio-based Intermediate Chemicals 2019 Update”, Lux Research evaluates 24 intermediates to identify those they believe will have the highest adoption based on production technology and market potential, presenting current scenarios beyond oil prices that are likely to provide opportunities for bio-based chemicals.

Lux Research Forecasts 600,000 MT of alternative proteins for aquaculture feed by 2024

Lux Research’s new report, “Future Fish Feed: Forecasting Alternative Aqua Feed Ingredients,” evaluates insect protein, single-cell protein, and algae protein as options to replace fish meal. In the report, Lux predicts that over the next 30 years, 15 million MT of new protein will be needed for aquaculture.

Lux Predicts Energy Storage Market Will Hit $500 Billion by 2035

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.

Turn On and Plug In: The Evolution of Connected Cars

As recently as the mid-2000s, the concept of a connected car was limited to maps and music. Now, as we begin a new decade, the market for hardware and software systems inside these connected vehicles is expected to reach $12.7 billion by 2030, according to a new report from Lux Research.

In the Future of Plastic Recycling, No Singular Technology Will Dominate

The economics of plastic waste recycling are rapidly changing, pointing to a future where both incumbent and advanced technologies will be used, but decisive advantages for certain technologies will emerge in particular regions depending on waste streams and legislation, according to a recent Lux Research report.

Beyond the AI Hype: Four Factors Businesses Should Consider Before Investing in AI

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.