Investment Rating - The report does not explicitly state an investment rating for the humanoid robot tendon material industry Core Insights - The market size for humanoid robot tendon materials in China is projected to grow significantly from 552 million RMB in 2024 to approximately 47.37 billion RMB by 2029, indicating a robust growth trajectory [9] - The estimated sales volume of humanoid robots in China is expected to increase from 4,600 units in 2024 to nearly 394,737 units by 2029 [20] - The average price of humanoid robots is forecasted to decline from 60,000 RMB in 2024 to 19,000 RMB by 2029, reflecting a trend towards affordability [16] - Each humanoid robot is estimated to require 20 tendon strands, maintaining this number consistently from 2024 to 2029 [26] - The price per tendon strand is expected to remain stable at 60 RMB throughout the forecast period [30] - The value of tendon materials per humanoid robot is projected to remain constant at 1,200 RMB from 2024 to 2029 [34] Summary by Sections Market Size of Humanoid Robot Tendon Materials - The market size is calculated based on the formula C*F, where C represents the sales volume of humanoid robots and F represents the value of tendon materials per robot [9] Sales Volume of Humanoid Robots - The sales volume is derived from the overall market size divided by the average price of humanoid robots, showing a clear upward trend in unit sales over the years [20][22] Average Price of Humanoid Robots - The average price is expected to decrease significantly, which may drive higher sales volumes as robots become more accessible [16][23] Number of Tendon Strands per Robot - Each humanoid robot is projected to use 20 tendon strands, which is consistent across the forecast period [26] Price per Tendon Strand - The price per tendon strand is expected to remain unchanged at 60 RMB, indicating stability in material costs [30][37] Value of Tendon Materials per Robot - The value of tendon materials per humanoid robot is projected to stay constant at 1,200 RMB, reflecting a stable cost structure for manufacturers [34]