China holds leading position in humanoid robot industry: report

(ECNS) -- Among global humanoid robot-related businesses, 56 percent of companies and 45 percent of integrators are based in China, according to Morgan Stanley’s report released on Feb. 6.

The report titled “The Humanoid 100: Mapping the Humanoid Robot Value Chain” has systematically mapped the global humanoid robotics industry chain, identifying 100 key publicly listed companies, providing a clear industry overview.

Among the top 100 companies, 35 are from China, 35 from the U.S. and Canada, 18 from other Asia-Pacific regions (mainly South Korea and Japan), and 12 from Europe, the Middle East, and Africa (primarily Europe.

The reports suggests that China’s progress is driven by its established supply chains, local adoption opportunities, and strong government support.

According to the report, China and the U.S. are leading the industry as key players. China excels in hardware supply, while the U.S. has an edge in software technology. While South Korea and Japan have a strong foundation in robotics, their recent growth has lagged behind China and the U.S. Meanwhile, Europe appears relatively slow and reserved in its approach to humanoid robotics.