机械设备行业2024年半年度投资策略：景气复苏，科技起舞

Investment Rating - The investment ratings for key companies in the industrial sector include "Buy" for Jiangsu Leili and "Hold" for Wuzhou Xinchun, Wan Feng Aowei, and others [7]. Core Insights - The report highlights the expected mass production of humanoid robots, particularly from Tesla, which is anticipated to lead the market with a potential annual production of 100 million units by 2025 [22][24]. - The outdoor power equipment (OPE) market is projected to grow due to favorable policies and technological innovations, with a focus on lithium battery-powered products and robotic lawn mowers as significant growth drivers [2][3]. - The low-altitude economy is set to expand, with eVTOL (electric Vertical Take-Off and Landing) vehicles emerging as a key component, supported by government policies and market demand [3][4]. Summary by Sections Humanoid Robots - Tesla's humanoid robot, Optimus, is expected to achieve mass production by 2025, with a target price below $20,000, significantly expanding market potential [22][24]. - Domestic and international manufacturers are expected to deliver humanoid robots in bulk by 2024-2025, focusing on common core components such as motors and sensors [22][23]. - Key suppliers for Tesla's humanoid robot components include Jiangsu Leili for motors and Wuzhou Xinchun for planetary roller screws [22][23]. Outdoor Power Equipment (OPE) - The OPE market is characterized by a shift towards lithium battery technology and a growing demand for robotic lawn mowers, with exports expected to rise in 2024 [2][3]. - The market is projected to reach a scale of hundreds of billions, driven by environmental policies and technological advancements [2][3]. - Companies to watch include Xiaofeng Holdings, a leader in lithium battery OPE, and others like Greebo and Su Meida, which are enhancing their brand influence [2]. Low-altitude Economy - The low-altitude economy is anticipated to unlock a trillion-dollar market, with eVTOL vehicles at the forefront due to their safety, environmental benefits, and economic viability [3][4]. - The development of eVTOL is supported by government policies and a growing interest in urban air mobility solutions [3][4]. - Key players in the eVTOL market include Yihang Intelligent and Wan Feng Aowei, both of which are making significant advancements in this sector [3][4].