On September 22, Huawei Connectivity Conference was held, and in a special speech entitled "HUAWEI CLOUD Robot Platform, Working Together to Create a Embodied Intelligent Future", Huawei discussed how to explore embodied intelligence in the future, build intelligent robots, and usher in the next wave of AI. On September 24, Tesla released an official video updating its research and development progress in humanoid robots, which once again highlighted the continuous maturity of end-to-end algorithms in the application of humanoid robots. On September 25, the all-scenario new product launch conference in the autumn, People's Daily, Xinhua News Agency, China Daily, Global Times, etc. will be broadcast simultaneously, adding new firewood to the fire of Huawei technology concept, and Huawei's robot concept is expected to become a new topic of attention in the market. #时事热点头条说#
Huawei's entry is expected to lead the humanoid robot track
Since Tesla released the humanoid robot Optimus, Xiaomi, Samsung, Zhiyuan and other technology giants have also joined the humanoid robot industry, and the humanoid robot industry has broad room for development. For the development of humanoid robots, in addition to the cost of high-cost parts and components need to reduce costs, software-side data collection and model training also raise the cost, in the context of the current increasing number of humanoid robot manufacturers, it is urgent to have cloud computing, large model solutions for enterprises to enter.
Huawei is a leading artificial intelligence company in mainland China, with deep accumulation in cloud platform, Pangu model, Bisheng compiler and other fields. Similar to Huawei Automobile, Huawei does not directly make robots on the field, but provides enterprises with the HUAWEI CLOUD robot platform to help them manufacture, develop, integrate, and use robots. Huawei has applied for a large number of patents on robots and established Extreme Robot Company in Dongguan, with a registered capital of 870 million yuan, which is expected to lead the humanoid robot track.
The market for humanoid robots is vast
The technological progress of large models has greatly improved the technical supply of robot perception, decision-making and control systems, broadened the application scenarios of robots while lowering the threshold of software development, and is expected to drive robots to truly realize embodied intelligence. As a self-consistent agent, the embodied intelligent robot is highly anthropomorphic in terms of thinking mode and behavior mode, which can replace humans in most labor operation scenarios, which is expected to greatly liberate productivity and reconstruct the productivity paradigm.
Comparison of the characteristics of industrial robots and embodied intelligent robots
Source: IFIND, Changjiang Securities
According to Goldman Sachs' forecast, under ideal conditions, if robot software and hardware produce major technological breakthroughs in the short term, and achieve embodied intelligence while reducing annual costs by 20%, the global market space for humanoid robots is expected to reach $154 billion in 2035, close to the market space of smart cars in 2021, with a compound growth rate of 94% from 2025 to 2035; In an optimistic scenario, shipments of humanoid robots are expected to reach 1 million units in 2035, and the compound growth rate of the market space is expected to reach 59% from 2025 to 2035; Even under pessimistic speculation, the humanoid robot market space is expected to reach $6 billion in 2035. From the perspective of labor substitution, it is expected that humanoid robot manufacturers will reach a two-year payback period from 2025 to 2028, and a two-year payback period for clients from 2030 to 2035.
The market space for robots can be compared to smartphones or electric vehicles
Source: IFIND, Changjiang Securities
Since the beginning of this year, many domestic robot manufacturers have released humanoid robot products. On July 6, Fourier released the humanoid robot GR-1; On August 15, Unitree released its first humanoid robot H1; On August 16, Cloudminds, an intelligent robot company, released the latest version of its flagship humanoid service robot XR-4. With the continuous increase of many technology giants, the commercialization of humanoid robots in mainland China is expected to accelerate.
Domestic humanoid robot combing
Source: IFIND, Changjiang Securities
Huawei robot concept stock
Cloud Robotics is a technology that applies cloud computing to robots. Huawei uses the powerful computing and storage capabilities of cloud computing to provide robots with a smarter "brain". Individual robots can be enhanced to perform complex functional tasks and services, while robots with different capabilities distributed around the world can break geographical restrictions, cooperate and share information resources to complete larger and more complex tasks.
According to the 2023 Connect Conference and its official website, Huawei's layout in the robot field is Pangu large model + cloud service platform, and the robot is one of the hardware ports, developed by partners, and has application cases in industrial, quadruped, and humanoid applications.
Collier: The company has made major technological breakthroughs in the fields of servo systems and has become a supplier to Huawei, which can be widely used in robotics and industrial automation, carp battery equipment and photovoltaic equipment.
Hengwei Technology: The company and Huawei have carried out relevant cooperation in localization adaptation and network visualization joint solutions. The company's robots include: hanging rail inspection robots, wheeled inspection robots and other types.
Fulin Seiko: The company has been identified as a supplier of Huawei's new energy vehicle reducer and related parts products, and the two parties will focus on core technology products and industrial resources in the future.
Topstar: The company is actively expanding the opportunity to provide intelligent manufacturing solutions for Huawei, and industrial robots are applied to Huawei's production lines.
Gaoxing: The company's robot cooperates with HUAWEI CLOUD on industry large models, and Gaoxing Robot provides industry data, corpus, robot underlying software and embodied intelligent model implementation support, and jointly carries out the research and development of embodied intelligent large models for patrol robots.
Allianz Sharp Vision: The company is a JDM partner of Huawei's machine vision business, a joint R&D and manufacturing base for Huawei's smart vision, and the company has cooperated for more than two years as the R&D and manufacturing base of Huawei's machine vision business in Zhuhai.
Topway Information: As Huawei's first authorized hardware manufacturing partner, the company has created RPA audit single robot products in the field of intelligent transportation by exploring AI in key areas, and in the field of smart examination, the company has innovatively launched AI intelligent scoring and Al intelligent inspection system to build AI intelligent scoring.
Runhe Software: Jointly released a new generation of intelligent robot solutions based on Atlas 200 with Huawei Yiteng.
iSoftStone: In 2020, the company designed and launched the full-scenario intelligent customer service solution "Echo" intelligent robot with knowledge base management model training, automatic word segmentation, automatic annotation, feature selection and other functions, based on natural language processing technology (natural language processing) to achieve intelligent question answering and multi-round conversation.
Hanwei Technology: The company's sensors can be used in humanoid robots, mainly used in robot human-computer interaction, touch, force control, temperature perception, etc., and have entered the supply chain system of Huawei, Gree and Xiaomi; At the same time, the flexible nano-bionic electronic skin of Suzhou Nengsta, a holding subsidiary, can be used in the field of robotics and wearable devices, and Nenstar's electronic skin has been commercialized in small quantities.
New Asia Electronics: One of the drafting units of the robot cable standard of the China Robot Industry Alliance, supplied to Huawei.
Humanoid robot concept stock
Green Harmonic: Science and Technology Innovation Board, the first leading manufacturer of mass production of harmonic reducers in China. Production capacity and technical advantages to create a domestic harmonic reducer faucet. Green Harmonics is one of the few manufacturers in the world that can mass-produce harmonic reducers. According to the prospectus of Green Harmonic, the penetration rate of Green Harmonic in domestic self-owned brand robots exceeds 60%, ranking first in China.
Zhongdaide: At present, the main products of Zhongdaide include RV reducers, transmission planetary reducers, various small and micro geared motors, etc., providing safe, efficient and precise power transmission and control application solutions for various mechanical equipment.
Double ring transmission: high-precision gear faucet, RV reducer thick and thin. According to the data of high-tech robots, in 2021, Shuanghuan Drive will become the RV reducer supplier second only to Nabotesk in China's market share, and domestic substitution has begun to bear fruit, basically realizing full coverage and localization of robot reducer products.
Huichuan Technology: Domestic server leader, entering intelligent manufacturing. Huichuan Technology is a domestic industrial control leader, with outstanding advantages in products, share, technology, platform, management and other links, and its business covers general automation, elevator electrical support, new energy vehicles, robots, rail transit and other fields. In terms of motion control systems, related products include servo systems, servo motors and motion controllers. Huichuan Technology has built a diversified product layout, and its revenue has grown rapidly in recent years, with a CAGR=45% net profit from 2018 to 2021.
Hechuan Technology: Science and Technology Innovation Board, Hechuan Technology was established in 2011, the main products include servo system, PLC, etc., covering the control layer, driving layer and execution sensing layer in the field of industrial automation, and in recent years along the upstream and downstream of the industrial chain, involved in upstream industrial control chips, sensors and downstream high-end precision CNC machine tools and other fields.
Eston: Domestic robot leader, Eston itself in the servo drive, servo motor and control system and other core links have high technical strength, at the same time in 2016 foreign investment in Italian machine vision company Euclid to fill the vision technology gap, in 2017 acquired the British Trio to strengthen motion control technology capabilities. Relying on the technical advantages of endogenous and epitaxial to build a moat. Eston has strong technical strength, product research and development is constantly innovating, and has formed an industry. A rich and diversified product matrix based on the robot ontology.
Mingzhi Electric Appliance: Stepper motor leader, Mingzhi Electric was established in 1998, has become the world's leading stepper motor manufacturer, while in-depth layout of brushless motor, servo system and other fields. Most of Mingzhi electrical products are customized products, mainly used in industrial automation and high-end information technology, and more than 50% of stepper motor products are sold to the United States, Japan and other places.