先进制造行业周报：优必选驱动工业场景应用潜力，智元机器人再迎催化

Investment Rating - The industry investment rating is "Overweight" [3][20]. Core Insights - The report highlights the potential of humanoid robots in driving industrial applications, particularly through companies like UBTECH and Zhiyuan Robotics, which are expected to catalyze growth in the sector [4][6][9]. - The humanoid robot industry is entering a critical breakthrough phase, with a projected global demand of approximately 2 million units by 2030 [4][14]. - The report emphasizes the importance of policy support for the development of intelligent robots and related technologies, as outlined in the 2025 State Council Work Report [12]. Summary by Sections Investment Recommendations - Key recommended stocks include Beite Technology, Zhaowei Electromechanical, Hengli Hydraulic, and others [4]. - The report suggests closely tracking companies involved in humanoid robotics, automation, and energy storage sectors [5][15]. Industry Trends - The humanoid robot industry is experiencing rapid advancements, with significant developments in collaborative training and operational capabilities [6][9]. - The photovoltaic equipment sector is seeing increased penetration of N-type technology, enhancing the competitiveness of leading firms [15]. - Energy storage is gaining momentum due to favorable policies and market conditions, with a focus on battery and inverter companies [15]. Market Projections - The semiconductor equipment market is expected to reach $140 billion by 2030, with a growing share from domestic manufacturers [15][17]. - The automation market is projected to grow from approximately 40 billion to 55.7 billion by 2026, driven by increased concentration and domestic substitution [17]. - The hydrogen energy sector is anticipated to benefit from the rapid development of renewable energy sources, with a focus on companies integrated into the green hydrogen supply chain [15][17].