Jul. 13 at 5:28 PM
Very hard to be bearish on robotics — especially the actuator, bearings, and actuator components market.
Why?
These components represent more than 50% of total BOM cost for many humanoid robots.
Morgan Stanley expects the humanoid robotics market to grow 300x by 2050.
Some names I’m watching:
$RBC
Humanoid robotics opportunity could be massive compared with its current ~
$50M revenue base.
$RRX
Management described the humanoid opportunity as: “when it takes off, it’s going to take off quick.”
Trades at a much lower valuation than
$RBC.
Harmonic Drive (
$6324)
Dominates precision strain-wave gears used inside robotic actuators.
Indirect beneficiaries:
$NOVT
Robotics already represents ~20% of revenue, with bookings up 50% YoY.
$VPG
A popular robotics name with potential exposure to
$TSLA Optimus’ overall BOM.
The robotics theme is still early.
The biggest winners may not just be the robot makers — they may be the companies supplying the critical components that every robot needs.
