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Morgan Stanley has raised its China humanoid robot shipment forecast to 50,000 units for 2026, nearly doubling its previous projection of 28,000, as commercial verification in factories, logistics, and retail accelerates faster than the bank anticipated at the start of the year.
A Morgan Stanley report argues that China’s early investment in humanoid robotics mirrors its EV strategy a decade ago, and projects the country’s share of global manufacturing will rise from 15% to 16.5% by 2030 as robotics deployment and supply chain dominance accelerate.