Lux Research Names the Top 5 Technologies for Automotive Innovation Leaders
Autonomous vehicles, 3D printing, and AI-enabled sensors are among the key technologies reshaping the automotive landscape
BOSTON, MA - February 11, 2021 (Investorideas.com Newswire) The automotive industry is in the midst of three crucial transitions: from internal combustion engines to battery electric vehicles (BEVs), toward vehicle automation, and away from consumer ownership-based business models. To help guide innovation in this space, Lux Research released its annual report, "Foresight 2021: Top Emerging Technologies to Watch."
The Foresight 2021 report identifies and ranks 12 key technologies that will reshape the world. The technologies are chosen based on innovation interest scores from the Lux Tech Signal, a composite measure assembled from a variety of innovation data sources, along with input from Lux's experts. In addition to highlighting the overall technologies, for the first time ever, this year's report ranks the top five technologies in the automotive sector.
Lux's new report analyzes the mobility space and reviews what topics emerged and which technologies gained traction during 2020. Its expert analysis of the hottest innovation topics and best tech startups found that the top five technologies mobility innovation leaders should look to in the next decade are:
- Autonomous Vehicles - Vehicle autonomy is the biggest and most expensive challenge to come to the industry in decades, with applications in both commercial and personal vehicles.
- AI-Enabled Sensors - Improving vehicles' "awareness" of the surrounding environment is key for enabling autonomy and other features; AI will boost sensors' capabilities.
- Shared Mobility - Multimodal platforms, which integrate many shared services, such as ride-hailing and bike-sharing, threaten the conventional automaker business model.
- Battery Swapping - Even the fastest charging is still slower than filling a gas tank, with negative impacts on the grid, and swapping batteries is a promising alternative.
- 3D Printing - The auto industry has long been a leader in 3D printing for prototyping, but now uses in molds and tooling, replacement parts, and even production parts are growing.
"Each year, when we are preparing our annual report, our clients ask us, 'Which of these are most important for my industry?'" explains Chris Robinson, Senior Analyst at Lux Research. "While COVID-19 presented financial challenges to the industry, automakers cannot afford to overlook long-term innovation, as the pandemic has accelerated timelines for adoption of electric and autonomous vehicles."
To learn more about how these technologies have the potential to significantly impact innovation in the automotive industry, download the infographic.
If you are interested in speaking with an Analyst to learn more about this research, please email email@example.com
About Lux Research
Lux Research is a leading provider of tech-enabled research and advisory services, helping clients drive growth through technology innovation. A pioneer in the research industry, Lux uniquely combines technical expertise and business insights with a proprietary intelligence platform, using advanced analytics and data science to surface true leading indicators. With quality data derived from primary research, fact-based analysis, and opinions that challenge traditional thinking, Lux empowers clients to make more informed decisions today to ensure future success.
For more information, visit www.luxresearchinc.com
This news is published on the Investorideas.com Newswire - a global digital news source for investors and business leaders
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com