Morgan Stanley estimates 1B Robots and $5T revenue by 2050

$4.7 trillion in global humanoid sales by 2050 is nearly double the aggregate revenues of the 20 largest global auto OEMs in 2024, a figure that could very well shrink over the next 25 years. Note that this estimate only accounts for final equipment sales. When incorporating supply chains and repair, maintenance, and support networks, the market, and the gap to legacy manufacturing industries, could potentially be much larger.