BofA: Humanoid Robots to See 86% Annual Shipment Growth Over Next Five Years, Total Installed Base to Exceed Cars by 2060

GateUser-bd883c58 · 2026-03-21T14:54:55+00:00

Bank of America predicts the humanoid robot market will grow at an annual rate of 86% over the next five years, with shipments reaching 1.2 million units by 2030. By 2060, the total number will exceed automobiles, with approximately 62% used in households.

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2026-03-21 14:54:55

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Why is the growth of humanoid robot markets faster than electric vehicles?

【Bank of America: Humanoid robot shipments will grow at an annual rate of 86% over the next five years, with a total stock exceeding cars by 2060】Caixin, March 16 — Bank of America predicts that annual shipments of humanoid robots will increase from 90,000 units in 2026 to 1.2 million units in 2030, with a compound annual growth rate of 86%, outpacing the growth rate of early electric vehicle markets. BofA also estimates that by 2060, the global number of humanoid robots will reach 3 billion, surpassing the current global vehicle stock of 1.5 billion. About 62% of humanoid robots (around 2 billion units) will be in people’s homes.

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