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According to DataIntelo, the global 5G chipset market size was valued at approximately USD 12 billion in 2023 and is projected to reach around USD 39 billion by 2032, reflecting a compound annual growth rate (CAGR) of about 15%. With the proliferation of smart devices, autonomous vehicles, and Industry4.0 Qorvo, Inc.
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 In Industry4.0, One of the fundamental concepts of Industry 5.0 Source: IDTechEx. Source: IDTechEx.
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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Indeed, the IDTechEx report “ Charging Infrastructure for Electric Vehicles and Fleets 2022-2032 ” estimates around 3 million AC charging installations took place in 2022, compared to ~50,000 DCFCs over 100kW. In addition, higher levels of DCFC does not necessarily drive a transition to 800V, although it is more optimal.
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