The report, inspired by Tesla's introduction of its Optimus robot, reveals a bright future for robotics. The machines could be used to replace humans in monotonous or hazardous tasks.
This is as much as the EV market, an impressive achievement to reach in so little time if you consider how long robots have been around. In the past, Tesla CEO Elon Musk has said that the robot industry may eventually be worth more than Tesla's automobile income.The investment giant was also inspired by Tesla’s new unveiling of its own robot to conduct the report.
“Should the hurdles of product design, use case, technology, affordability and wide public acceptance be completely overcome, we envision a market of up to US$152bn by 2035E in a blue-sky scenario , which suggests labor shortage issues such as for manufacturing and elderly care can be solved to a large extent.”Musk's Texas-based company is reportedly considering ambitious plans to use thousands of humanoid robots within its factories before eventually extending to millions globally.
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