Tesla(US:TSLA)2026-01-04 02:17Investment Rating - The report does not explicitly state an investment rating for the humanoid robot industry. Core Insights - The humanoid robot industry is positioned as a transformative force in the global economy, integrating advanced technologies such as artificial intelligence and high-end manufacturing, with significant potential to reshape human production and lifestyle [3][37]. - The Chinese government has set ambitious goals for the humanoid robot sector, aiming to establish an innovative system by 2025 and a reliable industrial chain by 2027, positioning humanoid robots as a new engine for economic growth [3][37]. - The market for humanoid robots is projected to reach a size of approximately $200 billion by 2040, with a significant demand forecasted to exceed 10 billion units globally [46][47]. Summary by Sections 1. Definition of Embodied Intelligence - Embodied intelligence (EAI) is defined as an intelligent system that perceives and acts based on a physical body, enabling interaction with the environment to perform tasks and adapt [13][16]. - Humanoid robots are seen as the most significant carriers of embodied intelligence due to their ability to integrate into human environments and perform various tasks [14][27]. 2. Humanoid Robot Industry Analysis - The humanoid robot industry is characterized by rapid technological evolution and is viewed as a new frontier in global technological competition [37]. - The industry is expected to experience explosive growth, with significant investments and policy support driving its development [51][59]. 3. Policy and Regional Layout - The Chinese government has introduced various supportive policies to accelerate the development of the humanoid robot industry, reflecting a strategic focus on innovation and competitiveness [3][37]. 4. Investment and Project Landing - The report highlights ongoing investments and project signings in the humanoid robot sector, indicating a strong interest from both domestic and international players [4][37]. 5. Technical System Analysis - The technical framework of humanoid robots relies on four core elements: the physical body, intelligent agents, data, and learning evolution frameworks, which together create a closed-loop system of perception, decision-making, and action [16][17]. 6. Key Enterprise Cases - The report discusses various companies leading the humanoid robot market, including established firms and startups, showcasing innovations in core components and overall design [54][58]. 7. Summary and Outlook - The report concludes with an optimistic outlook for the humanoid robot industry, emphasizing the potential for technological breakthroughs and the integration of various sectors [3][37]. 8. Appendix - The appendix includes additional data and references that support the findings and insights presented in the report [19][25].