Daiwa: The humanoid robot industry may focus more on commercialization in the future.

Morgan Stanley stated in a research report that the humanoid robot industry may be shifting towards a focus on commercialization. Morgan Stanley observed rapid development in the industry in the first half of the year, with initial applications expanding to production lines, sorting lines, and commercial services. The report noted recent cases such as live broadcasts of humanoid robots working in factories and logistics environments, as well as further expansion in unmanned retail stores and interactive commercial services. Morgan Stanley added that as commercial validation progresses, projects that began testing in the first half of the year are expected to transition to practical applications in the second half of the year.