The rise of humanoid robots is driven by several factors: significant advancements in artificial intelligence, improved 3D perception technologies, and a decrease in component costs. “With such technological and industrial support, we believe humanoid robots will move from a mere concept to large-scale adoption by the end of the decade,” state analysts from Bank of America (BofA).
The United States and China are currently leading this booming market. Tech giants like Tesla, Nvidia, and Meta are heavily investing in the development of these increasingly sophisticated machines. Tesla's Optimus Gen 2 robot, for instance, currently costs between $50,000 and $60,000 per unit. However, BofA predicts that these prices could drop rapidly, similar to the trend with electric vehicles.
The cost of humanoid robots remains a significant barrier to their adoption, but the trend is clearly downward. BofA estimates that a model will cost around $35,000 by the end of 2025 and only $17,000 by 2030. This dramatic decline could pave the way for widespread adoption, especially in households where projections suggest that by 2060, around 65% of humanoids will be used at home, compared to 32% in services and just 3% in industry.
