Nvidia(US:NVDA) Haitong Securities International·2025-08-13 03:23Investment Rating - The report does not explicitly state an investment rating for the robotics industry, but it highlights significant growth potential driven by AI integration and diversification across various sectors. Core Insights - The global robotics industry is entering a transformative phase driven by AI, with specialized robots expected to dominate in the short term while Physical AI and embodied intelligence may redefine production logic in the long term [5][14]. - Key trends include the deep integration of AI and robotics, the rise of embodied intelligence, increasing sustainability demands, the emergence of new customer segments, and the acceleration of collaborative robots due to global labor shortages [2][16]. Summary by Sections Technology Trends - AI is evolving from algorithmic enablement to physical perception and autonomous decision-making, marking a second growth cycle focused on computing power, perception, and control capabilities [6][17]. - The integration of AI and robotics is expected to drive new application scenarios across various sectors, including industrial manufacturing, services, healthcare, and construction [16][12]. Industry Diversification - The North American robotics market is shifting from automotive manufacturing dominance to balanced growth across multiple industries, with warehousing, logistics, construction, and healthcare identified as high-growth areas [4][13]. - Specialized robots are currently favored for their stronger ROI and feasibility compared to humanoid robots, which are still in pilot stages [4][13]. Sustainability and Standardization - The report emphasizes the importance of sustainability and standardization in the robotics industry, with various regions focusing on ethical frameworks and safety standards to enhance societal acceptance and commercial viability [6][17].