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00:02J.P. Morgan expects U.S. humanoid robot production to reach 300,000 to 400,000 units by 2030
00:09and about 1.5 million by 2035, according to Reuters.
00:14Labor shortages, improving economics, and rising production capacity
00:18are driving adoption in manufacturing, logistics, and warehousing.
00:23The brokerage estimates humanoid robot costs are nearing parity with labor costs.
00:27Deploying robots across multiple shifts could save customers about $100,000 annually.
00:34However, hardware limitations, AI training data, computing power, and production capacity remain obstacles.
00:41J.P. Morgan expects the market for key components, including actuators, motors, and vision systems,
00:47to approach $30 billion by 2035.
00:51The brokerage sees component suppliers as the biggest near-term opportunity.
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