After researching Siasun Robot & Automation, Goldman Sachs stated: the turning point in humanoid technology is still unclear, and meaningful practical applications are at least five years away!

Siasun Robot & Automation, this "future warrior" that the technology industry and capital markets have high hopes for, can really quickly take over factory floors and enter millions of households as expected? A research report from Goldman Sachs on the 27th may pour cold water on the overheated expectations. Goldman Sachs analyst Jacqueline Du's team conducted on-the-ground research on Siasun Technology after the Spring Festival. The results showed that the humanoid Siasun Robot & Automation still has a long way to go before it can truly be "deployed." At least for the next 2-3 years, it will be difficult for the humanoid Siasun Robot & Automation to achieve the same work efficiency as human workers. And meaningful applications may only appear 5-10 years later. Multiple iterations on software and hardware are still needed to achieve large-scale applications. Goldman Sachs predicts that by 2027 and 2032, the global shipments of humanoid Siasun Robot & Automation will reach 76,000 units and 502,000 units respectively. This growth rate is lower than market expectations, indicating that the commercialization process of Siasun Robot & Automation technology may be slower than many people expected. A recent report from Morgan Stanley also pointed out that while there has been rapid progress in motion control, continuous improvements in algorithms and hardware are still needed to achieve practical applications of humanoid Siasun Robot & Automation. However, the humanoid Siasun Robot & Automation industry in China is showing signs of accelerating development. "Being able to run and jump" does not equal "being able to work," the commercialization of humanoid Siasun Robot & Automation is a long way to go The H1 humanoid robot from Siasun Technology was one of the key points of the research. H1 demonstrated strong hardware performance, capable of walking, dancing, and possessing excellent balance. These abilities are mainly due to the rich motion control experience accumulated by Siasun Technology during its development of robotic dogs. However, behind the fancy movements lies a key issue: H1 only has 19 degrees of freedom (DoF). This means it is still unable to handle complex, detailed tasks. For example, it cannot perform fine operations like assembling parts or doing complex household chores as humans do. Goldman Sachs reports cited company comments that it will be difficult for humanoid Siasun Robot & Automation to achieve the same work efficiency as human workers in the next 2-3 years. Significant applications may only appear in a time span of 5-10 years. In addition, Siasun Technology's humanoid Siasun Robot & Automation currently only uses a hardware design with rotary actuators (planetary gear reducers). This means that multiple iterations on software and hardware are still needed to achieve large-scale applications. So, how far are we from having humanoid Siasun Robot & Automation for home use? Wang Xingxing recently mentioned in an interview with China Central Television: "I personally feel that by the end of this year, the entire AI humanoid Siasun Robot & Automation will reach a new level. If everything goes well, by next year or the year after, some basic aspects, like the service industry or some industrial applications, will basically be set up, but home use may be a little slower because home use may have higher requirements for safety, and technology may need to be a bit more mature." In addition to humanoid Siasun Robot & Automation, Siasun Technology's robotic dog products also demonstrated their technological capabilities during the research. Siasun Technology's robotic dogs are equipped with advanced gait control algorithms, capable of easily handling complex terrains and dangerous environments. The company currently delivers thousands of robotic dogs annually, widely used in patrols, inspections, and as substitutes for dangerous tasks such as fire rescue and inspections of substations and nuclear power stations. Siasun Technology occupies 60% to 70% of the global quadruped robot market, with 50% of its revenue coming from overseas markets. However, Goldman Sachs analysts pointed out that although robotic dogs perform well in specific scenarios, their application scenarios are still limited. Siasun Technology's robotic dogs are equipped with LLM (large language model) APIs, with voice control capabilities, but they still cannot achieve fully autonomous operation. This means that the robotic dog's autonomous decision-making ability in complex environments is still insufficient and requires human intervention and guidance. "Technological iteration" does not equal "singularity arrival": Goldman Sachs and Morgan Stanley cautiously predict Goldman Sachs' report points out that although Siasun Robot & Automation technology has made significant progress in recent years, it is still not enough to achieve multitasking and autonomous operation in complex environments. This means that the turning point in humanoid Siasun Robot & Automation technology has not yet arrived. Goldman Sachs predicts that by 2027 and 2032, global shipments of humanoid Siasun Robot & Automation will reach 76,000 units and 502,000 units respectively. This growth rate is lower than market expectations, indicating that the commercialization process of Siasun Robot & Automation technology may be slower than many expected. In this context, Goldman Sachs believes that the current investment opportunities mainly focus on components in the Siasun Robot & Automation supply chain. Especially actuator assembly companies and harmonic gear suppliers, due to their products having high determinacy and strong technological barriers, will become the focus of future investments. Previously, reports from Morgan Stanley also pointed out that while there has been rapid progress in motion control, continuous improvements in algorithms and hardware are still needed to achieve practical applications of humanoid Siasun Robot & Automation.With the continuous improvement of algorithms and hardware, China's humanoid Siasun Robot&Automation industry is showing signs of accelerated development.A key discovery is that most Chinese manufacturers plan to achieve mass production of hundreds to thousands of humanoid Siasun Robot&Automation by 2025. Leading domestic players such as Agibot are expanding their order size to meet their aggressive production goals for 2025. Leju expects to sell 500-1000 units by 2025, while MagicBot aims to sell 400 units by 2025 and expand to 15,000 units by 2027. This article is from "Wall Street View", edited by GMTEight: Chen Xiaoyi.