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研報掘金丨中郵證券:長期看好人形機器人應用場景向C端滲透 未來將重塑千行百業

中郵證券研報指出,智能養老場景應用政策發佈,長期看好人形機器人應用場景向C端滲透。本週工信部、民政部等發佈了智能養老服務機器人場景應用試點政策,引發市場較大關注。該行認爲短期需求有望放量,中期發展商業化路徑明確,長期能夠構建相關生態體系。相關上市標的爲已經具備設備量產能力/場景解決方案的廠商(麥迪科技、埃斯頓、歐聖電氣、賽爲智能),供應鏈上視覺(奧比中光)、電子皮膚(漢威科技、福萊新材)、靈巧手(鳴志電器、兆威機電)的相關企業,以及頭部本體廠商。近期人形機器人行業存在一定回調,但我們仍長期看好其發展空間,其市場空間極其廣闊,AI技術突破使驅動控制變得更加智能化,科技巨頭與獨角獸企業廣泛入局併發揮供應鏈協同效應,疊加政策有力支持,催動本體成本優化及量產,使得下遊應用場景從B端向C端滲透,未來將重塑千行百業。

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