人形机器人行业成熟“进度条”仅5%—10%

Core Viewpoint - The discussion at the 2025 Sohu Technology Annual Forum centered around whether the humanoid robot industry is in a bubble and the pace of commercialization, with industry representatives providing insights on the current state and future expectations of the sector [1][2]. Group 1: Industry Sentiment and Investment Trends - Investment sentiment in the humanoid robot sector has become more confident, a trend that began in the second half of 2024, driven by government support and recognition of humanoid robots as a next-generation disruptive product [2][3]. - The number of investment institutions interested in the humanoid robot sector has increased significantly, reflecting a deeper understanding of the phenomena and underlying principles rather than mere enthusiasm [2][3]. - The humanoid robot industry is still in its early stages, with maturity levels estimated between 5% and 10%, indicating a long road ahead for development and public expectations [3]. Group 2: Technological Development and Challenges - The current challenges in humanoid robotics include achieving embodied intelligence and improving the precision of the robot's body and end-effector capabilities [5][6]. - The foundational motion control capabilities, such as walking, running, and balancing, are essential for executing complex tasks, and advancements in these areas have been demonstrated through various performances and competitions [4][6]. - Humanoid robots are categorized into two types: bipedal and wheeled upper-body robots, with the former currently focusing on basic motion control [3][4]. Group 3: Company Performance and Market Position - Yushutech has reported continuous profitability over the past several years, with financial statements from 2020 to 2024 indicating a stable profit status [6]. - Yushutech, founded in 2016, initially focused on quadrupedal robots and has since expanded into the humanoid robot market with products like the H1 and G1 series, the latter gaining attention for its competitive pricing [6]. - The company emphasizes the need for interdisciplinary talent in areas such as AI algorithms, perception, and new materials to drive innovation in humanoid robotics [7].