Daiwa: The humanoid robot market will reach $5 trillion by 2050, with China leading the way with 1 billion robots in the revolution.

According to the Zhitong Finance APP, Morgan Stanley's China Industrial Research Team recently released one of the series of reports on "Humanoid Robot Insights" titled "Humanoid Robots: A $50 Trillion Global Market". According to their global humanoid robot model, it is estimated that by 2050, there will be 1 billion humanoid robots in use, generating an annual income of $50 trillion. Morgan Stanley points out that in the context of the long-term decline in traditional manufacturing industries, a large number of new entrants (including startups and mature companies) are expected to help drive the rise of the autonomous industrial complex (humanoid robots, drones, self-driving cars, etc.).