US Humanoid Robot Production Could Hit 400,000 Units by 2030, JPMorgan Says
J.P. Morgan says labor savings and supply-chain bottlenecks are driving adoption, with component suppliers set to capture the biggest near-term opportunity.
- On Thursday, J.P. Morgan forecast that US humanoid robot production will hit 300,000-400,000 units by 2030 and about 1.5 million units by 2035, as the industry shifts from demonstrations to commercial deployment.
- Labor shortages and improving economics are accelerating adoption, with multi-shift deployments potentially generating about $100,000 in annual savings per customer across manufacturing and logistics sectors.
- Near-Term progress remains supply constrained, with "a few binding bottlenecks: hands, actuators, the brain, and production capacity," the brokerage said. Component suppliers face a market approaching $30 billion by 2035.
- Morgan identified key humanoid makers including Tesla's Optimus, Agility Robotics' Digit, Boston Dynamics' Atlas, Figure's robots, and Apptronik's Apollo; the brokerage favors component suppliers such as Timken, Robotis, Leader Drive, Orbbec, and Cognex.
- The Trump administration's national security finding on imported robotics could trigger tariffs or production incentives, while most US manufacturers outside Tesla currently target 10,000-30,000 units annually.
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US humanoid robot production could hit 400,000 by 2030 as deployment ramps, J.P. Morgan says
Nov 12 : Humanoid robot production in the US will hit 300,000-400,000 units by 2030 and about 1.5 million units by 2035, J.P. Morgan said on Thursday, as the industry shifts from demonstrations to commercial deployment.Labor shortages, improving economics and rising production capacity are boosting humanoid a
US humanoid robot production will reach 300,000-400,000 units by 2030 and about 1.5 million units by 2035, JP Morgan reported, Reuters reports.
JPMorgan predicts that by 2035, the US could be producing 1.5 million humanoid robots a year. Factories and warehouses will be the first big users
The production of humanoid robots is approaching the commercial stage in the US, based on investment in automation and labour shortages. Their use could bring considerable savings to companies.
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