SIASUN(SZ:300024)2025-02-18 08:01Summary of the Conference Call on Motion Control in Humanoid Robots Industry Overview - The humanoid robot industry is experiencing significant changes in 2025, with rapid development in the domestic supply chain, leading to more local manufacturers entering the market [2][3] - The motion control landscape for humanoid robots is expected to mirror that of high-end equipment industries, such as industrial robots and semiconductor equipment, with the emergence of third-party suppliers for motion control technology [2] Key Companies and Competitive Advantages - Recommended companies in the A-share market include Gogoro Technology and Huazhong CNC, which possess strong capabilities in numerical control systems and multi-axis control, potentially giving them a first-mover advantage in humanoid robot motion control [3][4] - Gogoro Technology is positioned to provide intelligent solutions across various high-end equipment industries, leveraging its rich foundation in motion control technology [11] - Guangyao Company has expanded from reliance on 3C automation to more general fields, including semiconductor and laser processing, with humanoid robots being a new downstream area [14] Motion Control Systems - Motion control systems translate commands from the "brain" into executable actions, involving hardware like controllers, servo systems, and motors, with real-time feedback mechanisms [5] - The complexity of humanoid robot motion control is significantly higher than that of traditional industrial robots, requiring advanced control cards and real-time multi-axis coordination [9][10] Future Trends and Development - The future of motion controllers is expected to trend towards standardization and modularization, with companies focusing on developing universal "brain" technologies and providing standardized solutions for various applications [10] - The market for humanoid robots is projected to grow, with the value of their "brain" estimated to be a few percentage points of the overall system cost, similar to other industries like CNC machines and semiconductor equipment [20] Market Dynamics and Challenges - The motion control industry has faced challenges in recent years, but there is optimism for recovery in 2025, particularly due to new technology cycles in the 3C industry and growth in semiconductor equipment [25] - The reliance on third-party motion control systems remains prevalent, as even leading manufacturers prefer purchasing over in-house development due to cost and complexity considerations [26] Company-Specific Insights - Gogoro Technology has a high gross margin for controllers, reaching up to 60%, indicating strong profitability in its product offerings [13] - Guangyao Company has made significant strides in the industrial mother machine sector, gaining high-end clients and expanding its technological capabilities [18] - Huazhong CNC is more specialized in control systems for machine tools, with a narrower focus compared to Gogoro Technology's broader market coverage [22][23] Conclusion - The humanoid robot motion control sector is poised for growth, with key players like Gogoro Technology and Guangyao Company leading the charge. The industry is characterized by increasing complexity, a shift towards modular solutions, and a competitive landscape that favors established companies with robust technological foundations.