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The relationship between Ross and Rachel on the TV show Friends was characterized by its on-again, off-again nature, with the inevitability that they would eventually end up together. Tesla began its full self-driving hardware with radar in 2016, began to break up with the radar in 2021, and the radar was completely removed from production that same year. But in 2023, Tesla released its Hardware 4.0 (HW4.0) update, and the radar has re-entered the relationship—but for how long? The findings of IDTechEx's market research report, "Automotive Radar 2024-2044: Forecasts, Technologies, Applications," make a compelling case for the reunion to continue.
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As the volume of variable renewable energy (VRE) sources entering electricity grids globally increases, so does the need to manage the growing uncertainty and variability in electricity supply. Grids will rely on different solutions to manage this, which could include creating excess capacity and interconnections, but also long-duration energy storage (LDES) technologies. According to IDTechEx's new market report, "Long-Duration Energy Storage Market 2024-2044: Technologies, Players, Forecasts," the LDES market will be valued at $223 billion by 2044.
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DigiKey expanded its portfolio in 2023 by adding more than 450 new suppliers across its core business, DigiKey Marketplace, and Fulfilled by DigiKey program. The company added more than 1.7 million new accessible components, including over 230,000 components with available inventory for sale, across its core business in 2023.
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Thanks to the support of the Valencian Institute of Business Competitiveness (IVACE) with funds from the Valencian Government, AIMPLAS, the Technological Institute of Plastics, has boosted independent R&D activities during 2023 to continue leading, promoting and strengthening business R&D&I and knowledge transfer in the plastics sector
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Siemens Digital Industries Software has announced that INTERCHIP CORPORATION has used Siemens' Analog FastSPICE platform and Symphony™ platform to verify its latest IPV Voltage-Controlled Crystal Oscillator (VCXO) integrated circuit (IC) and the IPS Simple Packaged Crystal Oscillator (SPXO).
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Demand for lithium-ion batteries continues to grow in sectors such as electric vehicles, stationary energy storage, and consumer electronics. In its market report, "Li-ion Battery Recycling Market 2023-2043," IDTechEx estimates that in 2023, total demand for lithium-ion batteries was over 750 GWh across all these sectors, increasing to nearly 10 TWh by 2043. However, supply constraints for critical raw materials (CRMs) for lithium-ion batteries are possible toward the end of the decade. This will make lithium-ion battery recycling an increasingly important part of the lithium-ion industry.
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Yamaha Robotics SMT has launched its new YSUP smart factory software with automated troubleshooting capabilities and showcased its advanced functionality to visitors at Productronica during the Munich event's technical program in November. In his presentation at the Productronica Forum, Kamil Stasiak, Product Marketing Manager for Yamaha's SMT division, provided an in-depth description of the new YSUP Analytics Dashboard, which quickly identifies the root causes of any assembly defects.
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Norvento Enerxía will be part of the EOLIAN project, a consortium made up of ten companies and research centers in the energy sector at the European level, endowed with a grant of 4 million euros from the European Union.
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Cooperating between different countries to jointly design vocational training in microelectronics that guarantees European competitiveness in a sector that brings together 200,000 direct jobs on the continent and nearly one million indirect jobs that require a high qualification, is the main objective of the ECOVEM project (European Centre of Vocational Excellence in Microelectronics).
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Electric motors are an essential component of the electrification of the automotive market. The market has relied heavily on rare earth elements for the permanent magnets used in these motors, but, as many know, there is a push to phase out these rare earth elements due to their price volatility and environmental impact. Alternative motor technologies can often create new and increased demand for copper.
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Green hydrogen is increasingly recognized as a clean industrial feedstock and the energy carrier of the future. The water electrolyzer is fundamental to the production of green hydrogen. Historically, the alkaline water electrolyzer (AWE) has dominated the market due to its maturity and development. However, in the last two decades, the proton exchange membrane electrolyzer (PEMEL) has experienced rapid advancement, quickly moving into commercial applications.
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In a significant development for the critical infrastructure sector, Salicru is expanding its distribution in Northern Europe through a strategic partnership with Coromatic, a leading provider of critical facility solutions in the region. This collaboration enables Salicru to expand by leveraging the Nordic distributor's strong presence and distribution network.
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