In the future, there will be a large number of humanoid robots employed.

According to the American market research website on June 18th, a new report estimates that 2 million humanoid robots will start working in the next 10 years, and there will be 300 million by 2050, which will help alleviate labor shortages. A 142-page report from UBS Group collected the work of more than 30 analysts. The report concludes that by 2035, the potential total market size of these robots will reach $30-50 billion, and by 2050 it will reach $1.4-1.7 trillion, mainly involving components, manufacturing, software, data, and services. An analyst team led by Phyllis Wang stated, "The aging population, labor shortages, and slow productivity growth in the service industry all support the use of robots. The additional benefit of humanoid robots is that they can adapt to daily life." Phyllis Wang is in charge of industrial research at UBS. Indeed, this will take time. UBS stated that the field of humanoid robots will need to experience an "electric vehicle moment," which may take more than five years. "As futurist Roy Amara said, people tend to overestimate the short-term impact of new technologies and underestimate their long-term impact. We have identified several obstacles that need to be overcome before mass producing humanoid robots, namely artificial intelligence, data collection, and regulation." With the maturation of economies of scale and improvements in the supply chain, the price and usage costs of humanoid robots could decrease by over 70% in the next 20 years. Global automation, automotive components, semiconductor, battery companies, and rare earth refining companies will all benefit from this, with companies mentioned by UBS including NVIDIA, Toppan, Lynas Mining, THK, Honeywell, TSMC, Weir Semiconductor, Cognex, Ansys, and Harmonic Drive. UBS also mentioned that Tesla will be in a favorable position. UBS predicts that by 2050, the annual production of humanoid robots will reach 86 million units, equivalent to a $400 billion increase in global automation revenue and a $7 billion increase in rare earth revenue, which is four times and two times the sales in 2025, respectively. The economic benefits generated by these robots will not be an increase in productivity, but rather a compensation for population limitations. "We believe that they represent a slow but increasingly rational response from capital to structural bottlenecks."