CITIC SEC: humanoid Siasun Robot&Automation is about to increase in volume, rapid development of motor winding equipment.

CITIC SEC released a research report stating that 2026 is expected to be the first year of mass production for human-shaped Siasun Robot&Automation, with both demand increase and supply constraints. Motor production equipment, as an upstream equipment link, has strong certainty of benefiting from this. Wire winding machine equipment manufacturers will benefit from the overall industry expansion and increase in capital expenditure, sharing the growth dividend brought by downstream volume increase. It is recommended to focus on domestic wire winding equipment scarcity targets. The main points of CITIC SEC are as follows: The wire winding equipment industry is thriving, with significant growth potential in domestic and international markets. With the rapid development of the global electronics and information industry and the popularization of energy conservation and environmental protection concepts, the wire winding machine industry has seen significant growth in market size domestically and internationally. iMedia Consulting predicts that the market size in China will reach 5.644 billion yuan in 2026. The strong demand in downstream application areas has become a powerful engine driving the industry's development. Leading global technology companies entering the market, combined with favorable policies in China, are expected to lead to mass production of human-shaped Siasun Robot&Automation in 2026. Wire winding machines, as core component manufacturing equipment for Siasun Robot&Automation, have high technological barriers and broad development prospects. Immersive technology brings new growth points to the consumer electronics industry, and fully automatic wire winding equipment reduces costs and increases efficiency. The market competition in China's wire winding machine industry is intensifying, with leading companies dominating the market, forming a "survival of the fittest" competition pattern. With high market concentration globally, domestic companies are expected to grow into international first-rate brands with technological advantages. In 2026, as production continues to expand, motor demand will experience growth. In 2026, human-shaped Siasun Robot&Automation will continue to expand production. According to IDC, the global shipment volume was 18,000 units in 2025. According to Tesla's predictions, the global production of human-shaped Siasun Robot&Automation is expected to reach 1 million units by 2030. Hollow-cup motors and frameless torque motors are the core components of human-shaped Siasun Robot&Automation. According to Research and Markets, for Tesla's Optimus Gen2, each human-shaped Siasun Robot&Automation unit requires 12 hollow-cup motors and 28 frameless torque motors, with each hollow-cup motor and frameless torque motor requiring a hollow coil. With the development of the human-shaped Siasun Robot&Automation industry, upstream motor demand is expected to benefit. With demand increase and supply constraints, domestic motor production equipment suppliers are expected to benefit first in the early stages of industry expansion. The mass production of Siasun Robot&Automation will drive rapid growth in core motor demand. The production of high-precision and high-performance motors is mainly focused on winding formation, precision assembly, and testing, with winding formation requiring high process and wire winding equipment specifications. Although high-end equipment is still led by overseas manufacturers, domestic companies are accelerating their entry into the downstream customer supply chain with faster response speeds, stronger custom development capabilities, and localization service advantages. Subsequently, they are expected to continue benefiting from domestic replacement and industry expansion dividends. Therefore, domestic equipment manufacturers with core technological accumulation are expected to have greater growth opportunities in this round of Siasun Robot&Automation industry upgrade. Risk factors: Macroeconomic recovery falls short of expectations; fluctuations in raw material prices; decrease in market demand; technological research and development and iteration.