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This has made many large companies aware of the weaknesses of the current business model where manufacturing is outsourced, and global logistics is heavily needed. In 2020, the European Commission proposed its ‘Industry 5.0’ Compared with the ‘Industry4.0’ plan that has been discussed for around a decade, Industry 5.0
Source: IDTechEx. As mentioned above, cooperative robots combine the benefits of industrial robots and cobots. The table below compares cooperative robots, cobots, industrial robots, and manual labor based on different benchmarking. Comparison of industrial robots, collaborative robots, manual labor, and cooperative robots.
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