Orient Securities·2026-03-04 02:45Investment Rating - The report maintains a "Positive" outlook for the mechanical equipment industry, indicating a relative strength of over 5% compared to the market benchmark index [5]. Core Insights - The axial flux motor exhibits significant performance advantages and is expected to see broader applications in the robotics sector, potentially driving revenue growth for related manufacturers [2][3]. - Axial flux motors are characterized by a compact design, high torque density, and high energy efficiency, making them suitable for robotic joints [3][8]. - The report highlights the potential for axial flux motors to enhance the performance of humanoid robots, particularly in joint applications that require explosive output to handle complex challenges [8]. Summary by Sections Axial Flux Motor Advantages - Axial flux motors have a unique disc structure that allows for a more compact design and higher torque/power density compared to radial flux motors. They can reduce weight by 50% and size by 50% while achieving efficiency rates above 90% [8][13]. - The report notes that the axial flux motor is on the verge of large-scale application, with ongoing improvements in heat dissipation and cost reduction expected as the industry continues to innovate [8]. Market Potential and Applications - The global production of axial flux permanent magnet motors is projected to reach approximately 320,000 units in 2024, with an average price of around $3,400 per unit. The report indicates that these motors are already being utilized in high-end applications such as supercars and eVTOL aircraft [8]. - Domestic manufacturers, such as Hub Power and others, are positioned to benefit from the growing demand for axial flux motors, particularly in scenarios requiring heavy load capacities [8].