From manufacturing to the provision of services, robots have transformed our way of living and working. The humanoid robots sector has been developing rapidly since 2023, caused by breakthroughs of artificial intelligence (AI) such as learning to strengthen. The latest developments in AI models have reinforced the case of the application of humanoid robots for commercial and family use. We believe that this trend has enormous growth potential for the global robotics market.
Humanoid robots are robots that resemble the human body in shape and imitate human movements. Designed to carry out tasks independently, the recent IA technology advances have considerably improved the interaction capacities of these robots, thus creating great increase in industry and its supply chain in long -term demand.
Macquarie expects the manufacturing volume of humanoid robots to reach 9.4 million units by 2035th, offering an annual growth rate composed of volume (TCAC) of 69% compared to 2025 to 2035th. By 2035th, the bank estimates that the size of the world market for humanoid robots will reach 209 billion dollars, which led to a 50% TCAC on the market over the period of ten years from 2025 to 2035th.1
China has become a world leader in the production of robotic technologies and automation, thanks to its solid manufacturing infrastructure, qualified labor and its government support for innovation. A key obstacle to scaling the humanoid robots industry is to make it affordable for family use by reducing manufacturing costs. China’s low cost advantages in the robotics supply chain could help Chinese companies the strategic advantage of participating in the global supply chain for humanoid robots.