灵巧手赛道百花齐放，关注工艺收敛进程中的产业链机遇

Summary of Key Points from the Conference Call Industry Overview - The conference call discusses the dexterous hand industry, highlighting its potential for widespread application in households over the next 5-10 years, driven by advancements in micro-screw and tactile sensors [1][2]. Core Components of Dexterous Hands - Dexterous hands consist of three core components: motors, reduction components, and transmission modules. Common motor types include hollow cup motors, brushless DC motors, and frameless torque motors [3][4]. Development Trends - The industry is witnessing a diversification of design solutions, with companies exploring various technological routes. Notable examples include Tesla's tendon-driven designs and other companies' unique approaches [1][2][18][19]. Key Technologies and Components - Micro-screws are becoming the mainstream transmission solution due to their efficiency, outperforming worm gears and gear transmissions [1][13]. - Tactile sensors are crucial for enhancing the precision and stability of dexterous hands, with companies like Hanwei Technology and Fule New Materials actively developing these technologies [1][7][8]. Motor Selection Impact - Motor selection significantly affects the performance of dexterous hands. Hollow cup motors are favored for their high power density but are costly, while brushless DC motors are more economical but have lower power density [6][10]. Investment Opportunities - Recommended investment targets include Zhejiang Rongtai and Hengli Hydraulic in the micro-screw sector, and Hanwei Technology and Fule New Materials in the tactile sensor field, as these companies hold competitive advantages in their respective areas [9][26][27]. Cost and Industrialization Challenges - The high cost of dexterous hands, which can exceed tens of thousands of yuan, poses a significant barrier to industrialization. Companies must focus on cost-effectiveness to meet industrial application demands [24]. Future Development and Market Trends - The industry anticipates that a specific design solution will mature and gain widespread acceptance within the next 3-5 years, as companies focus on their technological routes [22]. Competitive Landscape - Companies like Zhejiang Rongtai and Hengli Hydraulic are noted for their competitive edge in the micro-screw sector, while Hanwei Technology and its subsidiaries are highlighted in the tactile sensor domain [25][26][27]. Conclusion - The dexterous hand industry is evolving with significant technological advancements and investment opportunities, but challenges related to cost and design standardization remain critical for future growth and industrial application.