人形机器人行业跟踪：Optimus项目负责人离职，“百事蓝宝”品牌机器人发布

Investment Rating - The report maintains an "Outperform" rating for the industry, indicating that the industry index is expected to outperform the market benchmark in the next six months [4]. Core Insights - The humanoid robot market is undergoing significant transformation, with a potential market size reaching trillions. Predictions suggest that humanoid robots could achieve a market scale comparable to the automotive and smartphone industries, with a future market space estimated at 12.8 trillion to 1156 trillion [15][16]. - Major international players are on the verge of mass production, with Tesla's Optimus project expected to begin small-scale production in 2025, indicating a strong performance for Tesla's sector in the coming years [15]. - The report emphasizes the importance of domestic production and the potential rise of Chinese brands in the humanoid robot sector, particularly highlighting Huawei's capabilities in competing with international giants [16]. Market Overview - The WenDe humanoid robot index outperformed the broader market, increasing by 2.24%, surpassing the Shanghai Composite Index by 1.11 percentage points and the CSI 300 Index by 1.36 percentage points [12][14]. - Key companies in the humanoid robot sector, such as Leidi Ke and Buke Co., saw significant stock price increases, indicating positive market sentiment [12][13]. Industry Dynamics - Recent developments include Tesla's leadership change in the Optimus project and the launch of Pepsi's humanoid robot "Pepsi Blue Treasure," showcasing the growing interest and investment in humanoid robotics [2][31]. - Amazon is testing humanoid robots for package delivery, with plans to deploy them from its Rivian electric delivery vehicles, indicating a shift towards automation in logistics [3][31]. Related Companies - The report identifies several key companies involved in the humanoid robot industry, including: - Actuators: Sanhua Intelligent Control, Top Group - Sensors: Keli Sensor, Anpeilong, Donghua Testing - Reducers: Green Harmonic, Shuanghuan Transmission - Motors & Dexterous Hands: Zhaowei Electromechanical, Mingzhi Electric [4][13].