Industry resumption: Tesla leads, the next step is to focus on the rhythm of mass production

DC532-1SAP240100R000 The trend of the humanoid robot plate can obviously be seen that the core of the catalytic main line is technological progress: at the end of 2022, artificial intelligence technology has made substantial progress, making the market realize that “intelligent” humanoid robots may soon be able to really land, and the humanoid robot industry has ushered in a wave of large markets. In May 2023, Tesla announced that it had opened the underlying modules of FSD and humanoid robots; In December 2023, Tesla released the second generation of Optimus products, and the body balance and control ability were greatly improved: the great progress of the algorithm level and the hardware level also led to the rise of the humanoid robot sector. The next stage will be a two-line stage: technological progress and volume production rhythm. On the one hand, technological advances will continue to catalyze humanoid robots. On the other hand, in 2023, various companies continue to release prototypes, and the performance of Tesla’s second-generation Optimus product has been very attractive to the target audience. The next step for the market is to focus on the pace from prototype to mass production.

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2, industry chain overview: across hardware and software, including mechanical electricity and gas

DC532-1SAP240100R000 Humanoid robot is a high combination of hardware and software, and is a pearl created by the intersection of mechanical, electrical, artificial intelligence and other fields. Humanoid robot includes perception, decision-making, and execution of three major systems, by vision sensors, tactile sensors, chips, algorithms, power units, rotary joints, linear joints, hand joints, etc.

When the sales of humanoid robots reach the million level, the robot assembly market space will exceed 100 billion yuan. (Note: If there is no special indication in the full text, the currency unit is RMB). Based on the component composition of Tesla Optimus, we estimate that when the sales of humanoid robots reach the million level, the market space of robot assembly will exceed 100 billion yuan. The market space of linear joint assembly and rotary joint assembly will exceed 50 billion yuan. Frameless torque motor, torque sensor, planetary roller screw, harmonic reducer and other market space will exceed 10 billion. The entire robot industry chain will usher in a huge space for development.