SINOLINK SECURITIES(SH:600109) 智通财经网·2025-05-20 02:48Core Insights - The exoskeleton robot industry is expected to accelerate its commercialization process by 2025 due to improved cost-performance ratios, the rise of rental models for climbing assistance, and increased financing for startups [2] - Exoskeleton robots have diverse applications, including rehabilitation, industrial assistance, outdoor sports, and military use [3] Group 1: Definition and Development of Exoskeleton Robots - Exoskeleton robots are wearable intelligent mechanical devices that enhance or restore human movement capabilities through collaboration of motors, sensors, and control systems [1] - They can be categorized by structure (upper limb, lower limb, full-body) and by driving methods (hydraulic, pneumatic, motor-driven, and hybrid) [1] - The development history includes three phases: exploration and experimentation (1960-1980), gradual development (1980-2000), and breakthrough technological advancements (2000-present) [1] Group 2: Factors Driving Commercialization in 2025 - Advancements in AI technology have improved the intelligence of exoskeleton robots, enabling precise judgment of human walking intentions and required joint torque [2] - The emergence of rental models for climbing assistance is enhancing service offerings, with notable implementations in popular tourist destinations [2] - Increased financing for startups is expected to help expand product lines and upgrade core technologies, facilitating accelerated mass production [2] Group 3: Application Scenarios - In the rehabilitation sector, exoskeleton robots can assist the 17 million new stroke patients globally each year, including 2.5 million in China [3] - In the industrial sector, with 114 million workers in China, exoskeletons can reduce physical strain and improve work efficiency [3] - The outdoor sports market is projected to reach 1.36 billion participants by 2026, where exoskeletons can enhance physical capabilities and reduce injury risks [3] - In the military domain, exoskeleton robots can enhance individual soldier capabilities and improve logistical efficiency [3] Group 4: Technological Progress of Domestic Companies - Listed companies in the exoskeleton robot sector include Zhenjiang Co., Xiangyu Medical, Weisi Medical, Jinggong Technology, and Tanshan, which have obtained relevant patents or are in the final testing stages [4] - Many startups are in the Pre-IPO stage but have launched exoskeleton products in various commercial applications [4] - The acceleration of financing for startups in 2025 is expected to enhance their technological development and market positioning [4]