AI TRENDS | Goldman Sachs Raises Humanoid Robot Market Forecast on Embodied AI Growth

Goldman Sachs sharply raised its global humanoid robot market forecast. According to Sina Finance, the firm said humanoid robots are rapidly moving from prototype development to large-scale prototype manufacturing and commercial production as embodied AI technology advances. In a recent report, Goldman Sachs said global humanoid robot sales could reach 6.48 million units by 2035, up from a previous forecast of 1.38 million units. It also raised its market size estimate to $138 billion from about $38 billion. Goldman Sachs said the main reasons for the higher forecast are the development of embodied AI and larger production scale. The report said the automotive industry will be one of the main sectors driving humanoid robot market expansion. It also noted technical links between auto parts supply chains and robot components, and listed Toyota, JTEKT, Harmonic Drive, and Renesas Electronics as relevant key companies. Goldman Sachs forecast the average selling price of humanoid robots at about $21,000 in 2035.