Bank of communications International: The shipment volume of 26-year-old humanoid Siasun Robot & Automation is expected to explode, with resources further concentrated towards leading players.

Pudong Development Bank International released a research report stating that according to SID data, the global humanoid Siasun Robot & Automation market is expected to reach a shipment volume of approximately 17,000 units by 2025, entering a preliminary stage of scaled growth. Combining supply chain construction, policy guidance, and capital market comparisons, the current humanoid Siasun Robot & Automation market is roughly equivalent to the development stage of new energy vehicles between 2018 and 2020, with a potential surge in shipment volume expected in 2026. In terms of competition dynamics, 2026 may become a watershed year for the industry, with resources further concentrating on top players. Pudong Development Bank International's main points are as follows: Market space: Transition path from new energy vehicles to humanoid Siasun Robot & Automation industry, a hundredfold growth in a decade According to SID data, the global humanoid Siasun Robot & Automation market shipment volume is estimated to reach about 17,000 units by 2025, entering a preliminary stage of scaled growth. Fundamentally, humanoid Siasun Robot & Automation shares a high degree of homogeneity with new energy vehicles in terms of underlying technological architecture, both following the closed-loop logic of "perception-decision-execution" and the industrialization path of "concept release-prototype verification-small-scale trial production-large-scale production." Combined with supply chain construction, policy guidance, and capital market comparisons, the current humanoid Siasun Robot & Automation market is roughly equivalent to the development stage of new energy vehicles between 2018 and 2020, with a potential surge in shipment volume expected in 2026. The dual pressures of aging population and rising labor costs become the underlying DRIVE for the long-term development of humanoid Siasun Robot & Automation industry. According to Counterpoint's forecast, the global humanoid Siasun Robot & Automation shipment volume is expected to increase to 256,000 units by 2030, with a compound growth rate of 69.7%. According to Omdia's forecast, the global humanoid Siasun Robot & Automation shipment volume is expected to exceed 2.6 million units by 2035, about 150 times the shipment volume in 2025. Business landing: ToB industrial precedes, ToC home consumption is the ultimate scenario The current applications of humanoid Siasun Robot & Automation on the market do not reflect normalized rigid demand, mainly focusing on entertainment performances and educational research. IDC's data for 2025 shows that entertainment performances account for 36.8% of global humanoid Siasun Robot & Automation shipments, while education and research make up 24.6%. The future deployment sequence may be: industrial, commercial, and then home. In the short term, factories remain the main battleground for applications due to structured environments and standardized tasks; in the long term, home services represent the ultimate application scenario, expected to account for over half of the total volume, but significant cost reductions are needed for widespread adoption. Industry chain: Hardware determines the lower limit, software determines the upper limit, data scarcity remains a bottleneck The humanoid Siasun Robot & Automation industry chain includes upstream core components and materials, midstream whole machine manufacturing and system integration, and downstream diversified scenario applications, with upstream core components accounting for about 60%-70% of the total cost. Currently, the hardware cost of a high-performance humanoid Siasun Robot & Automation is approximately RMB 300,000 to 600,000, with high costs mainly attributed to high technological barriers of core components, strong customization requirements, and the lack of industrial scale. The industry benchmark Tesla Optimus aims for a target cost of $20,000 after mass production. Currently, data scarcity remains one of the bottlenecks limiting the industry's intelligent development. Competition landscape: China leads in mass production, domestic players focus on "body," while overseas competition focuses on "brain" Chinese companies focus on mass production, leveraging supply chain advantages to optimize hardware manufacturing costs. By 2025, China's share of global shipments is projected to reach 84.7%, with a leading edge in motion control, particularly in leg components. Top US companies focus on software iteration and "brain" models, emphasizing technological universality, but have not yet achieved scaled mass production, with products primarily used for internal testing. Currently, there are over 140 humanoid Siasun Robot & Automation manufacturers in China, with player types mainly including: hardcore startups leveraging top scientific research backgrounds, focusing on ultimate cost-effectiveness and rapid iteration; automotive companies crossing over to reuse automotive supply chains and smart driving technologies, focusing on industrial manufacturing scenarios; internet giants providing models and computational power bases to enable through investment or cooperation; traditional industrial companies attempting to transfer their industrial Siasun Robot & Automation experience to the humanoid field. 2026 may become a watershed year for the industry, with resources further concentrating on top players. Risk factors Excessive research and development investment; slower-than-expected commercialization; intensified competition.