China Accelerates Humanoid Robot Development, Market Expected to Reach $9 Trillion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
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Source: Newsfilter
- Strategic Priority Enhancement: China has prioritized humanoid robot development in its tech competition with the U.S., with analysts forecasting a global market of $9 trillion by 2050, where China is expected to capture over 60%, driving domestic firms to ramp up production and increase market share.
- Production Capacity Expansion: Chinese company Unitree is gearing up for an IPO valued at around $7 billion and has showcased its latest humanoid robot, H2, indicating a proactive approach in technological innovation and market competition.
- Policy Support and Challenges: Despite government backing for the robotics sector, the National Development and Reform Commission has warned of a potential bubble, as over 150 companies compete in the market, risking product homogenization and investment pitfalls.
- Technological Bottlenecks and Future Outlook: Humanoid robots face bottlenecks such as chip supply limitations and technical complexities, with current prototype costs ranging from $150,000 to $500,000 needing to drop to $20,000 to $50,000 to compete with human labor, potentially slowing commercialization over the next two years.
TSLA
$459.64+Infinity%1D
Analyst Views on TSLA
Wall Street analysts forecast TSLA stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for TSLA is 384.14 USD with a low forecast of 19.05 USD and a high forecast of 600.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
34 Analyst Rating
14 Buy
10 Hold
10 Sell
Hold
Current: 475.190
Low
19.05
Averages
384.14
High
600.00
Current: 475.190
Low
19.05
Averages
384.14
High
600.00
About TSLA
Tesla, Inc. designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offers services related to its products. Its segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric vehicles, and sales of automotive regulatory credits. It also includes sales of used vehicles, non-warranty maintenance services and collisions, part sales, paid supercharging, insurance services revenue and retail merchandise sales. The energy generation and storage segment include the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its consumer vehicles include the Model 3, Y, S, X and Cybertruck. Its lithium-ion battery energy storage products include Powerwall and Megapack.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
