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Emerging Technologies Power a $44 Billion Opportunity for Transportation and Grid

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With virtually every major automaker planning an electric vehicle launch, and governments worldwide pouring billions of dollars into smart grid technologies, questions abound as to how big the opportunities for transportation and grid technologies really are. Lux Research forecasts that the overall market for batteries, supercapacitors, and fuel cells as they apply to transportation, as well as storage, distributed generation, and transmission and distribution technologies will grow from $21.4 billion in 2010 to $44.4 billion in 2015, a compound annual growth rate (CAGR) of 15.7%. Full Article

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