人形机器人后续行情如何布局？

Summary of Human-Robot Industry Conference Call Industry Overview - The conference call focused on the human-robot industry, particularly the outlook for humanoid robots in 2024 and beyond [2][4]. Key Points and Arguments - Market Expectations for Production: The market currently anticipates production levels of humanoid robots to be between 5,000 and 10,000 units in 2025, with a target of 100,000 units by 2027. The ability to meet the 100,000-unit target in 2026 is a critical focus [2][4]. - Impact of Production Rhythm: The rhythm and scale of humanoid robot production are pivotal for market trends. A downward adjustment in production expectations could lead to a significant market correction [2][3]. - Investment Focus on Motion Control: Motion control is identified as a key investment area for 2025, crucial for scaling production from thousands to tens of thousands of units. The market shows high interest in motion control, but there are significant expectation gaps [5][17]. - Differences in B2B and B2C Applications: B2B applications prioritize cost and efficiency over universal compatibility, contrasting with B2C applications that require diverse functionalities [6][7]. - Development Phases: The humanoid robot industry will evolve through primary development (by original equipment manufacturers) and secondary development (by application developers), similar to mobile app development [8][11]. - Importance of Local Partnerships: Companies closely partnered with local manufacturers have a competitive edge in motion control algorithm development, as local firms are more likely to provide necessary API access for software development [9][10]. - Role of Motion Capture Technology: Motion capture technology is essential for data collection and training in the early stages of humanoid robot development, with a projected surge in demand for related equipment [13][16]. - Market Dynamics and Supply Chain: The supply chain's ability to meet hardware demands is critical for the humanoid robot market's growth. Regular updates on supply chain dynamics will be essential for understanding industry developments [19]. Additional Important Insights - Anticipated Order Volume: The demand for motion capture equipment is expected to explode, with projections indicating hundreds to thousands of data points generated daily, reflecting a robust market for training and development [14][15]. - Investment Opportunities: The best investment opportunities are anticipated in the secondary development sector, where tailored software applications for specific industry needs can be developed [10][12]. - Future Trends: The trajectory of the humanoid robot market will heavily depend on local manufacturers' capabilities and the overall supply chain's readiness to support mass production [17][18].