Workflow
CyberDog(铁蛋)
icon
Search documents
【电子】人形机器人高速发展,带来连接器市场巨大成长空间——机器人行业跟踪报告之六(刘凯/朱宇澍)
光大证券研究· 2025-03-24 10:05
Core Viewpoint - The rapid development of the robotics industry presents significant growth opportunities, with companies like Yushutech, UBTECH, and Zhongqing Robotics leading the way in product launches and market expansion [3]. Group 1: Tesla's Optimus - Tesla unveiled its humanoid robot prototype, Optimus, at the AI Day in August 2021, showcasing its capabilities in various tasks [4]. - The second-generation Optimus, set to debut on December 13, 2023, features improvements such as fully self-designed actuators and sensors, a 30% increase in walking speed, and a 10 kg weight reduction [4]. - Elon Musk projected that if progress continues smoothly, production could increase tenfold to between 50,000 and 100,000 units by 2026, with another tenfold increase by 2027 [4]. Group 2: Xiaomi's Robotics Initiatives - Xiaomi announced its entry into the robotics sector with the launch of CyberDog, followed by the introduction of the humanoid robot CyberONe, which stands 177 cm tall and weighs 52 kg [5]. - CyberONe is equipped with advanced emotional perception capabilities, able to recognize 85 types of environmental semantics and 45 human emotions [5]. Group 3: Zhiyuan Robotics - Zhiyuan Robotics released its first general-purpose embodied intelligent robot prototype, Expedition A1, in August 2023, with commercial products expected in August 2024 [6]. - The company plans to launch its first general-purpose base model, Genie Operator-1, in March 2025 [6]. Group 4: Connector Market Potential - The increase in degrees of freedom for humanoid robots is expected to significantly expand their application areas and market potential, driving demand for connectors [7]. - Elon Musk predicts that by 2040, there will be at least 10 billion humanoid robots in use globally, creating unprecedented opportunities for the connector industry [7]. Group 5: Ruikeda's Growth in Connector Industry - Ruikeda focuses on the design and manufacturing of connection systems and microwave components, serving various sectors including data communication and new energy vehicles [9]. - The company is developing products for AI and data centers, with projected revenue of 2.41 billion yuan in 2024, a 55% year-on-year increase, and a net profit of 173 million yuan, up 26.4% [9].