Lux Research Inc.
Lux Research Inc. Articles
Lux establishes framework for selecting robotics vendors
Businesses are increasingly using robotics across a wide variety of industries, but many companies still fail to understand what’s currently possible with today’s technology or which vendors can provide the solutions they need. In its new report, ‘Building Robotics Solutions’, Lux Research has created a framework for selecting robotics vendors based on the key capabilities and level of customisation required.
The tech that will get us back to work
COVID-19 poses major challenges for players in every industry, and companies now face unprecedented hurdles as they struggle to get back to work. A new report from Lux Research, ‘Back in Business: Using Technology to Open During COVID-19’, addresses the key technologies businesses need to adopt to fight against COVID-19 in the workplace.
The critical technologies for surviving COVID-19
COVID-19 poses major challenges for players in every industry, and companies now face unprecedented hurdles as they struggle to reopen. 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.
The $500bn effect of digital transformation
The chemicals and materials industry has mostly seen only incremental innovation in recent decades, with growth coming primarily from expansion into new geographic markets, and very little from product innovation, but how will digital transformation change this?
EVs drop in price, but most remain unprofitable
The automotive industry is under pressure to reduce emissions, both from government regulations and from consumers who are growing more conscious about the environmental impact of their vehicles. In the world of EVs, electrified powertrains are a promising avenue to reduce or eliminate vehicle emissions for automakers.
Can digital therapeutics save the future of healthcare?
Digital therapeutics are poised to change healthcare by enabling diagnosis, management, and treatment in a low cost and scalable way. In its new report, Lux Research shows that partnerships are imperative to success when evaluating what therapeutics to employ.
Energy storage market to hit $500bn 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, up from the current 164GWh, with mobility applications making up the lion’s share of the growth.
4 factors to consider before investing in AI
Despite significant hype, most companies still struggle with how to successfully integrate artificial intelligence (AI) into their businesses. This is according to Lux Research’s new report on the state of AI and how companies can improve decision-making around AI.
20 top technologies that will change our lives
Lux Research has released its annual list of technologies and trends that will transform the way we live, work, and play over the next decade. You can view the list in its entirety in the infographic below.
What is AI's role in unleashing intelligent sensing?
The rise of Artificial Intelligence (AI) is unlocking a wave of new sensor applications and driving market demand for intelligent sensing - the ability to extract insights from sensor data. To guide innovation and investment in this fast-evolving market, the team at Lux Research, took a deep dive into how and where enhanced AI analytics are rapidly improving the capabilities of softwar...
EV report card gives auto industry failing grades in 2016
With few EVs passing key performance benchmarks of driving range and cost, the automotive industry received an overall failing grade for its EV offerings. In the inaugural 2016 edition of Lux Research’s annual 'EV Inflection Tracker', the industry earned just 27 out of a possible 100 rating, mainly because of high costs and limited offerings with a driving range of over 200 miles.
The IoT comes to the factory
Cost, efficiency and safety are driving the much-hyped Industrial IoT (IIoT) as companies worldwide in a wide range of industries look for opportunities to connect nearly everything in the industrial workplace, according to Lux Research.
How do smart cities stay smart?
Smart cities use a mix of information, energy and social technologies for environmental sustainability, economic prosperity and livability. However, they need to be not just smart but agile, making technology choices that let citizens adapt and improve on solutions they implement today, according to Lux Research.
Innovation converges in the $35bn PLM market
IT is driving a renaissance in manufacturing, employing tools such as big data, advanced analytics and AR to help companies reach markets faster and cut costs, according to Lux Research. The renewed push to manufacturing is led by initiatives such as Germany’s Industrie 4.0, GE’s Predix platform and improved PLM (Product Lifecycle Management) software – itself a $35bn market – besides broader technologies such as 3D printi...
Solar energy storage will be an $8bn market in 2026
Distributed storage for solar systems will be worth $8bn in 2026 as solar combines with storage in order to continue its remarkable growth, according to Lux Research. Solar-plus-storage is a key necessity for solar to overcome limitations like intermittency and the lack of power after dark.
How should governments allocate $55bn for ICT?
Federal, state and local governments pour an estimated $55bn into ICT but, according to Lux Research, better structuring of funding is needed to create better outcomes. Governments and IT developers should apply principles like modularity, scalability and interoperability to ICT funding itself - prioritising cyberphysical security and open-source IP in areas like the industrial internet and precision agriculture.
Over 1 trillion sensors could be deployed by 2020
The proliferation of mobile devices, the growing popularity of wearables and the advent of the connected IoT are driving expected demand for sensors into the trillions. However, to achieve the full potential of these and other products, sensors need innovations to address critical unmet needs in power consumption, sensitivity, form factor and cost, according to Lux Research.
A fully enabled smart home costs $6,700, says Lux Research
Smart homes have come a long way since emerging as a simple home energy management tool and now offer enhanced capabilities ranging from security to air quality monitoring and elderly care but remain hobbled by high costs - $6,700 for a fully enabled home, according to Lux Research.
Micro-hybrids will drive auto efficiency in 2025
Over the next decade auto manufacturers will need to meet aggressive fuel efficiency targets of 54.5mpg in the U.S. and 95g of CO2 per km in Europe. While advanced technologies like all-electric vehicles, super-light carbon fibre composites and hydrogen fuel cells will all be available, Lux Research's analysis found that micro-hybrids will provide the most economical route to meeting 2025 targets.
Innovative companies of 2015 – the top 10
Lux Research, a research firm specialising in emerging technologies, profiled 1,189 companies across 20 different emerging technology domains during 2015 as part of its ongoing intelligence services. Lux Research provides information and analysis on firms developing emerging technologies that impact global megatrends like energy and infrastructure, health and wellness, and information meets matter.