人形机器人专题研究：Optimus灵活手实现空中接球，上游供应链受益产业飞速发展

Investment Rating - The report gives an optimistic investment rating for the humanoid robot industry [3]. Core Insights - The release of Tesla's Optimus flexible hand video is expected to increase the demand for components, particularly sensors and drive control systems [3][4]. - The humanoid robot industry is accelerating, with significant developments from companies like Tesla and Huawei, indicating a robust market potential [4][5]. - The commercial landscape for humanoid robots is promising, with substantial opportunities for the upstream supply chain, particularly in precision reducers and force sensors [5][6]. Summary by Sections Section 1: Tesla's Release and Industry Acceleration - Tesla's Optimus can now catch a thrown tennis ball, showcasing advanced dexterity with 22 degrees of freedom in the hand [15][16]. - The new generation of Optimus is expected to drive demand for integrated and precise tactile sensing systems and advanced drive control systems [16][18]. Section 2: Market Potential for Drive Devices and Sensors - The humanoid robot market is projected to grow significantly, with an estimated global sales volume reaching 605,680 units by 2030, reflecting a CAGR of 92.60% from 2024 [20][22]. - The demand for precision reducers and force sensors in humanoid robots is substantial, with projections indicating significant market growth [5][23]. Section 3: Force Sensors as Tactile Sensory Components - Force sensors are critical for humanoid robots, with the need for multiple sensors in various joints, including 14 force sensors and 4 six-dimensional force sensors [39][41]. - The market for six-dimensional force sensors in China is expected to expand rapidly, driven by the commercialization of humanoid robots [33][35]. Section 4: Reducers as Drive Joints - Humanoid robots like Optimus require numerous reducers, with estimates suggesting 14 harmonic reducers and 4 planetary reducers per unit [49][51]. - The market for precision reducers is anticipated to grow significantly, with potential market increments of 1.12 billion yuan for harmonic reducers and 160 million yuan for planetary reducers by 2027 [51][52]. Section 5: Companies to Watch - Key companies to monitor include: - Greens Harmonic: Focused on harmonic reducer production, with a significant market share in industrial robots [54]. - Double Ring Transmission: A major player in precision gear production, benefiting from the growth in the humanoid robot sector [57]. - Donghua Testing: A leader in mechanical testing, with potential expansion into humanoid robotics [60]. - Keli Sensor: A prominent player in the sensor market, actively pursuing opportunities in the humanoid robot industry [64]. Section 6: Profitability Forecast - The report provides profitability forecasts for key companies, indicating growth potential in the coming years, with expected increases in net profits across the board [70].