Ge Long Hui·2025-08-25 08:40Core Viewpoint - Hesai Technology (HSAI.US) is expected to see significant growth in the robot lidar market, with projected shipments exceeding 200,000 units this year, contributing to a broader market forecast of 300,000 to 400,000 units overall [1] Group 1: Company Insights - Hesai's Vice President of Robotics Perception, Liu Xingwei, indicated that the company aims to ship over 200,000 units to the robotics market this year [1] - The company has received a "Buy" rating from CMB International, with a target price set at $27.52, reflecting confidence in its potential to benefit from the industry's growth trends by 2025 [1] Group 2: Industry Trends - The lidar market for robotics is expected to grow significantly, with a focus on the rollout of Level 3 conditional autonomous driving regulations within the next year, which will enhance vehicle value and benefit core suppliers in the industry [1] - The consumer robotics segment, particularly lawnmowers, is anticipated to experience an initial surge, with humanoid robot shipments projected to exceed 10 million units by 2035, leading to a simultaneous increase in lidar integration [1]