“The total addressable market for humanoid robots will reach $38 billion by 2035 — up more than sixfold from a previous $6 billion projection — with robot shipments rising fourfold to 1.4 million units over the same time frame, on a much faster path to profitability driven by a roughly 40% reduction in the cost of materials.”

Jacqueline DuWall Street

Head of China Industrial Technology Research, Goldman Sachs Research

Deadline is 2035; Goldman has since been reported to have raised this forecast substantially, and rival houses (BofA, Morgan Stanley) now publish materially larger 2035 numbers.