"The race to get in on the humanoid robot boom is heating up. In a research note released earlier this month, analysts at Morgan Stanley broke down a list of the25 companies best positioned to dominate the market for humanoid robots, which the investment bank estimateswill be worth more than $5 trillion by 2050. The list focuses on companies with expertise in AI and computing chips, cameras and perception, and sensors and movement technology, the analysts said."
"Elon Musk said last month he thinks Tesla's Optimus robot will be able to "eliminate poverty" and grow the global economy by a factor of 10. Tesla is set to begin mass production of Optimus by the end of next year, but has not said how many it expects to build. Other companies are also racing to build their own bipedal bots, including Chinese Tesla rival Xpeng, which unveiled its creepily lifelike "Iron" robot last month."
A list identifies 25 companies poised to dominate the market for humanoid robots, emphasizing expertise in AI and computing chips, cameras and perception, and sensors and movement technology. The market is estimated to exceed $5 trillion by 2050, with potential deployment of more than a billion humanoid robots worldwide by that year. Adoption is expected to be relatively slow until at least 2035 as the technology continues to develop. Tesla plans to begin mass production of its Optimus robot by the end of next year. China has warned of a potential bubble amid more than 150 competing robotics firms.
Read at Business Insider
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