The agency pointed out that humanoid robots are the main carrier of artificial intelligence technology, allowing humans to experience advanced artificial intelligence technology more intuitively. At present, new technologies and new products represented by humanoid robots are booming, and have become a new highland of global scientific and technological competition, a new track for future industries, and a new engine for economic development. With the acceleration of commercialization, China's humanoid robot industry has great potential for future development.
Core logic
1. Humanoid robots are expected to become a billion-dollar blue ocean market. With the diversification and universality of humanoid robot functions, the increasingly mature industrial division of labor, and the continuous decline of costs, humanoid robots are expected to be popularized in industry and commerce, and gradually expand to the home and public fields. According to the analysis, under the neutral assumption, the global market size of humanoid robot manufacturing and home services is expected to be $110.3 billion in 2035, with a CAGR of 68.6% from 2025 to 2035.
2. Since Tesla released its humanoid robot prototype, its iteration speed has exceeded market expectations, and it has repeatedly demonstrated the latest software progress through the form of videos. The release of the second-generation Optimus robot emphasizes the upgrading of the robot at the hardware level, especially the new link in the force sensing capability of the foot and hand. With the upgrading of robot capabilities, more tasks and downstream application scenarios are opened, the landing time of the robot is approaching, and the humanoid robot industry is continued to be optimistic, and it is recommended to focus on the new related links of the second generation Optimus.
3, humanoid robot flexible operation key links, the importance of gradually prominent. The sense of touch is an essential link to realize the object perception of humanoid robots in industrial manufacturing, people's livelihood services and other scenes, as well as dynamic dexterous grasp and delivery operations. With the gradual deepening of robot research and development, more and more enterprises are beginning to realize the importance of robot tactile perception and begin to invest in research and development. The breakthrough of tactile sensing technology also brings new ideas and new opportunities for robots in sensing, control, decision-making, interaction and other modules.
Positive stock
Guolian Securities suggested to pay attention to: Huichuan Technology, Hechuan Technology, Buke shares, Green harmonic wave, Best, Wuzhou New Spring, Keri sensing, ObI Zhongguang, Opu Photoelectric, Mingzhi electrical appliances, Topang shares.
Southwest Securities believes that the humanoid robot industry is 0-1 and will form a huge industrial trend. Tesla, Xiaopeng, Huawei and other companies have laid out humanoid robots to lead industrial change. Focus on the core links at the hardware end: 1) the lead screw with a relatively high value, including Best, Wuzhou New Spring, Dingzhi Technology, Qinchuan Machine tool; 2) Core parts reducer, including green harmonics, double ring drive, medium power de; 3) Core components frameless torque motor, hollow cup motor, including Huichuan Technology, Hechuan Technology, Buke shares; 4) Robot ontology, including Boshi Shares.
The content of this article is selected from the following research reports:
Guolian Securities "Machinery and Equipment Industry Week Topic: How is the progress of Domestic humanoid robots?"
Zheshang Securities "Humanoid Robots: Tactile Sensors"
China Business Industry "2024 China Humanoid Robot Industry Market Prospect Forecast Research Report"
Southwest Securities "Robot Industry Weekly Report: Leju humanoid robot to achieve mass production and delivery, Google launched the strongest multi-modal model Gemini"
Great Wall Securities "Humanoid Robot Industry In-depth Report: Topic II - Significant development and Market size"
Citic Securities "New energy automotive industry important matters: Tesla released the second generation of Optimus humanoid robot, focusing on the incremental link of force sensing"