Lux Research's New Forecasting Tool Finds Quantum Dots, Sheet Magnesium, Graphene, Carbon Fiber Gaining Commercial Traction Over the Next 12 Years
BOSTON, MA--(Marketwired - Jan 7, 2014) - New advanced materials like MOFs (metal organic frameworks), advanced high-strength steel, and carbon nanotubes have the potential to enable novel products and disrupt existing businesses. However, material commercialization timelines are notoriously long and unpredictable. Now, Lux Research analysts have designed a tool that can help predict the commercial development trajectory of future materials.
"There is rising pressure on developers to bring novel materials to market quickly and efficiently. Yet most materials fail to meet the hype, and disappoint investors that have unrealistic timeline expectations," said Anthony Vicari, Lux Research Associate and the lead author of the report titled, "Planning for Ripe Fruit: Materials Innovation Lifecycles as a Predictive Scouting Tool."
"In looking for the next big thing, technology scouts and venture capitalists often find that 'big' requires more patience than their metrics allow, meaning that clever planning is crucial," he added.
Lux Research analysts assessed invention-to-commercialization pathways of 49 materials and identified three key variables that strongly influence commercialization paths. They then compared specific emerging materials with a mature material with the same classification to predict the next major commercial milestone for the emerging material. Among other major findings:
The report, titled "Planning for Ripe Fruit: Materials Innovation Lifecycles as a Predictive Scouting Tool," is part of the Lux Research Advanced Materials Intelligence service.
About Lux Research
Lux Research provides strategic advice and ongoing intelligence for emerging technologies. Leaders in business, finance and government rely on us to help them make informed strategic decisions. Through our unique research approach focused on primary research and our extensive global network, we deliver insight, connections and competitive advantage to our clients. Visit www.luxresearchinc.com for more information.
Contact Information:
Contact:
Carole Jacques
Lux Research, Inc.
617-502-5314
carole.jacques@luxresearchinc.com