研报 | 2026年人形机器人将迈向商用化的关键年，全球出货量可望突破5万台

Core Insights - The article discusses the ongoing development of humanoid robots across major economies, highlighting Japan's focus on key component technologies while contrasting it with the U.S. and China’s approaches to humanoid product launches. It predicts that 2026 will be a pivotal year for the commercialization of humanoid robots, with global shipments expected to exceed 50,000 units, representing an annual growth of over 700% [2]. Group 1: Japan's Humanoid Robot Industry - Japanese manufacturers are enhancing technologies in transmission, sensing, and control to improve the threshold for humanoid robots, with a strong emphasis on applications in caregiving due to an increasing labor shortage in this sector [2][3]. - The latest humanoid robot from Kawasaki Heavy Industries, Kaleido 9, can carry 30 kg and is designed for disaster response, showcasing advancements in functionality and remote operation capabilities [2]. - The demand for humanoid robots in Japan is expected to be strongest in the caregiving sector, with products like Kawasaki's Nyokkey and Fourier's GR-3 specifically designed for this purpose [3]. Group 2: U.S. Humanoid Robot Industry - The U.S. humanoid robot industry is transitioning from "technology demonstration" to "practical validation," focusing on system integration and real-world applications rather than just mobility [4]. - Companies like Tesla, Boston Dynamics, and Agility Robotics are prioritizing the stability of long-term operations, energy efficiency, and real-time AI reasoning capabilities as core competitive advantages [4]. - 2026 is anticipated to be a watershed year for the U.S. industry, as the ability to find sustainable application models in manufacturing, logistics, and home services will be crucial for scaling up from research and development to commercial deployment [4]. Group 3: China's Humanoid Robot Industry - The Chinese humanoid robot industry is characterized by diverse applications and price segmentation, with companies like Unitrue and AgiBot pushing low-cost products to establish a consumer market base [6]. - Fourier focuses on caregiving and companionship applications, differentiating itself through emotional interaction and medical expertise [6]. - The key challenge for China's humanoid robot sector in 2026 will be balancing low-cost proliferation with high-end differentiation, while gradually accumulating data and application experience to support long-term competitiveness [6].