SIASUN(SZ:300024) Hua Er Jie Jian Wen·2025-11-26 13:12Core Insights - The global humanoid robot production is expected to enter an exponential growth phase by 2026, with production anticipated to at least double compared to 2025 [1][2] - The industry is transitioning from technology validation to large-scale production, indicating high long-term investment value [1][2] Industry Growth Drivers - The core driver of growth is the surge in demand for upstream core components due to the expansion of complete machine production capacity, particularly in areas like 3D vision, reducers, and lead screws [1][3] - The consensus among surveyed companies indicates that humanoid robot-related business revenues will experience exponential growth, potentially doubling by 2026 [2][3] Supply Chain Dynamics - A dual-driven expansion is occurring, with global leading manufacturers accelerating supply chain development and domestic companies progressing in commercialization, leading to a significant increase in demand for core components [4][5] - Key component suppliers are under pressure to ramp up production capacity significantly, with some needing to increase output to 3,000 units per week by Q1 2026 and further to 5,000 units per week by year-end [4] Market Opportunities - Current stock price corrections in related companies present a strategic opportunity for investors to position themselves [6] - The long-term growth potential of the humanoid robot market is substantial, with expectations of exceeding $100 billion in the next decade, driven by China's supply chain capabilities in core components [6]