Humanoid Robots Tesla's Bet on the Next Industrial Revolution
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From car manufacturer to robotics company? What has long sounded like a vision of CEO Elon Musk at Tesla is now taking concrete shape. Is the next big platform on the verge of a breakthrough?
The global market for humanoid robots is still in its infancy, but the growth expectations are extraordinary. Analysts at Goldman Sachs estimate that the market could reach a volume of 150 to 200 billion US dollars by 2035, with annual growth rates of over 40 percent. By 2030, more than one million humanoid robots could be in use worldwide - initially in industry, logistics and care, and later also in the service sector. By comparison, the current market for industrial robots is worth around 16 billion US dollars a year. Humanoid robots would structurally expand this category. Not replacing, but complementing.
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