Yamato: The adoption of humanoid robots in China is expected to accelerate.

The Daiwa analyst report stated that China has a huge downstream market for humanoid robots, and therefore stands to benefit from it. Many Chinese robot manufacturers such as Xiaopeng Motors, Midea, Xiaomi Group, and Huawei may deploy robots in their factories. Daiwa stated that China is capable of producing low-cost, decent quality robots with low component costs, which could potentially support advanced manufacturing in the future. Daiwa said that as initial applications are expected to appear in industries such as manufacturing, logistics, healthcare, and AI training, China has a significant market demand in these areas. Therefore, the proliferation of humanoid robots in China may accelerate.