SIASUN(SZ:300024)2025-10-27 15:22Summary of Human-Robot Development Outlook and Industry Chain Analysis Industry Overview - The humanoid robot industry is primarily concentrated in North America, Europe, and China, with traditional mechanical powerhouses like Japan and South Korea lagging behind [1][2][4] - Key players in China include companies like Yushu, Zhiyuan, and UBTECH, while North America is led by Tesla and Boston Dynamics, focusing on full-stack self-research [1][4] Core Insights and Arguments - Tesla's Optimus: Utilizes a pure vision approach, reducing hardware requirements but increasing algorithm complexity, leveraging the FSD brain from electric vehicles [1][5] - Cost Breakdown: The Bill of Materials (BOM) for humanoid robots consists of approximately 20% for computing platforms, 30% for dexterous hands, and includes power units and sensors [1][6][7] - Key Components: Dexterous hands provide fine tactile feedback, and future developments may integrate electronic skin for enhanced sensory capabilities [1][9] - Market Trends: The humanoid robot market is expected to see significant growth, with projected shipments reaching 30,000 to 50,000 units next year [17] Important but Overlooked Content - Historical Development: The evolution of humanoid robots dates back to the 1970s, with significant milestones including Honda's ASIMO and Boston Dynamics' Atlas [2] - Hardware Architecture: The design includes a brain (GPU), cerebellum (CPU), and pre-controller (MCU or NPU), with a focus on cost, reliability, and ROI for practical applications [3][14][22] - Application Scenarios: Humanoid robots are expected to transition from structured environments to more complex settings, with initial applications in education and entertainment [16][22] - Price Variability: Prices vary significantly based on application, with industrial robots costing around 300,000 to 400,000 RMB, while consumer-grade robots may range from a few thousand to 20,000 RMB [18][19] - Competitive Advantage: Automotive manufacturers have an advantage in the humanoid robot market due to existing supply chains, which can help reduce costs [20] Conclusion The humanoid robot industry is rapidly evolving, with significant advancements in technology and market potential. Key players are focusing on innovative designs and applications, while cost and reliability remain critical factors for widespread adoption.