China optimistic humanoids to live in every home
China’s top robotics makers showcase their latest humanoid robots and robot dogs at the 2024 World Robot Conference on Aug. 21, 2024, expressing optimism that these human-like and dog-like robots will enter every home in the future, even though mass production and deployment remain some distance away. Sotirios Stasinopoulos, product manager for humanoid robots at publicly listed UBTECH Robotics, thinks that the humanoid robot market could grow to be 10 times the size of the EV market in the future, predicting that every household will eventually have 1-2 humanoid robots.
REUTERS VIDEO
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China’s top robotics makers showcase their latest humanoid robots and robot dogs at the 2024 World Robot Conference on Aug. 21, 2024, expressing optimism that these human-like and dog-like robots will enter every home in the future, even though mass production and deployment remain some distance away. Sotirios Stasinopoulos, product manager for humanoid robots at publicly listed UBTECH Robotics, thinks that the humanoid robot market could grow to be 10 times the size of the EV market in the future, predicting that every household will eventually have 1-2 humanoid robots.
REUTERS VIDEO
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NewsTranscript
00:00So
00:30So
00:32So
00:56As most strategists also confirm not only within china, but internationally
01:01The humanoid robot market is going to explode and is going to become
01:05Maybe 10 times the the size of the ev market
01:08So, uh, we are looking at numbers that are maybe close to one, uh, two robots maybe per person
01:14As as we move forward so we have a great potential there
01:30So
01:51Actually our company vision is to use humanoid robots in all walks of life and enter all homes
01:56But as we said because of the deployment speed and what where it's mostly suitable for
02:02In the last two years and for the next one or two years. We're definitely focusing mainly on industrial applications
02:07either for
02:09smart manufacturing smart logistics
02:11Or some smart logistics centers to use the robots in there
02:15And then after that we're going to go towards the commercial sector using the robots for some hotels hospitals or other
02:22Needs that are used in the more commercial applications
02:26So
02:56You