Shenwan Hongyuan: Humanoid robots are entering a phase driven by embodied intelligence. In the medium to long term, it is recommended to layout along three main lines.

Shenwan Hongyuan released a research report stating that humanoid robots have entered a new stage driven by embodied intelligence. Component parts serve as the hardware foundation, and mass production drives the release of demand for gearboxes, servos, and sensors; embodied large models act as the core of robot intelligence, with algorithms and simulation platforms building software barriers; training data is a core constraint of model iteration, and multiple parallel routes such as real teaching collection, first-person collection, and simulation-generated data continue to increase the scarcity of data supply. In the medium to long term, it is recommended to lay out along three main lines: Core component manufacturers of humanoid robots; Embodied model and body manufacturers; Related targets for robot data collection hardware and data services.