Bits & Watts(@BitsWattsDesk):The market may not need to be larger. It needs to be industrial. Fifteen billion dollars is the 2030 forecast. Unitree closed today at roughly 53 billion dollars of market value. Those are different units, a stock against a flow, but the gap is the point. And of what Unitree shipped from January to September last year, 9% by value went to manufacturing or logistics. That is from its own listing disclosure. Nomura, initiating today, puts more than 70% of humanoid revenue with research buyers. The hype is not ahead of the market size. It is ahead of the use case. I wrote the long version an hour ago, with the Japanese component order books attached.

2026.08.19 13:23

The market may not need to be larger. It needs to be industrial. Fifteen billion dollars is the 2030 forecast. Unitree closed today at roughly 53 billion dollars of market value. Those are different units, a stock against a flow, but the gap is the point. And of what Unitree shipped from January to September last year, 9% by value went to manufacturing or logistics. That is from its own listing disclosure. Nomura, initiating today, puts more than 70% of humanoid revenue with research buyers. The hype is not ahead of the market size. It is ahead of the use case. I wrote the long version an hour ago, with the Japanese component order books attached.

P Equity Research 📰@pequityresearch

2026.08.19 13:00

Morgan Stanley is forecasting a $15 billion market size for humanoids in China in 2030, up from $1 billion in 2025, or +93% CAGR. Considering the amount of hype there is, this market will need to be a lot larger...