Washington's robot curbs could slash the U.S.'s humanoid robotics revenue by 58%, as companies lose access to China
Washington’s trade restrictions could leave the U.S.’s humanoid robotics market nearly 60% smaller than it would otherwise be by 2030, according to market research firm International Data Corporation (IDC).
TL;DR
- U.S. trade restrictions could shrink the domestic humanoid robotics market by 58% by 2030, leading to over $6 billion in lost revenue.
- The FCC added foreign-produced advanced robotic devices to its Covered List, blocking new models from U.S. import and sales.
- U.S. companies rely on China for parts, and restrictions could raise costs and hinder scaling.
- Chinese vendors dominate the global humanoid robot market, accounting for approximately 95% of shipments.
- The global humanoid robot market is still projected to grow significantly, with over 750,000 units expected by 2030.
- A one-year waiver was granted to Intel Corporation to continue updating and maintaining some of its robots.