Dongxing Securities Co.,Ltd.(SH:601198) Dongxing Securities·2025-03-14 08:09Group 1: Key Insights on Humanoid Robot Sensors - Humanoid robot sensors are essential for perceiving the physical world and include various types such as visual, auditory, tactile, and force sensors, which enable robots to gather information about their environment [1][2] - A humanoid robot requires multiple sensors, including one set of visual sensors, one set of position sensors, and various force and tactile sensors, with sensor costs accounting for approximately 30% of the total robot cost [2][3] - The global humanoid robot market is projected to grow significantly, with an estimated market size of USD 1.017 billion in 2024 and expected to reach USD 15 billion by 2030, reflecting a CAGR of over 56% from 2024 to 2030 [3][4] Group 2: Opportunities and Challenges in the Sensor Industry - The sensor industry faces opportunities due to policy support and the need for a reliable supply chain, but challenges include late development, limited technological accumulation, and the need for core technology breakthroughs [2][3] - The sensor industry is characterized by a wide variety of products, low output per single sensor, and high overall industry value, indicating that development requires a focus on integrated growth rather than a fragmented approach [2][3] Group 3: Investment Targets in the Humanoid Robot Sensor Market - Companies with technological advantages in the humanoid robot sensor market are expected to benefit from the industry's expansion, with potential investment targets including Keli Sensor, Hanwei Technology, and others [4] Group 4: Government Policies Impacting the Machinery and Robotics Sector - The government work report emphasizes boosting consumption and developing future industries, which is expected to positively impact the machinery and robotics sectors [5][6] - The report highlights the importance of establishing application scenarios for robots, particularly in municipal services and emergency rescue, which could accelerate the adoption of humanoid robots [7][8] Group 5: Market Dynamics and Future Projections - The report indicates that the demand for humanoid robots and their sensors will continue to rise as the industry expands and technology evolves, with a focus on high-dimensional and high-precision sensors [2][3] - The MEMS sensor market in China is transitioning from scale expansion to quality upgrades, with significant growth expected in the coming years [4]