Washington’s curbs on foreign robots could slash the U.S.’s humanoid robotics revenue by 58%, as companies lose access to China

Source: Fortune ·

Washington’s curbs on foreign robots could slash the U.S.’s humanoid robotics revenue by 58%, as companies lose access to China

Around 95% of all humanoid robots come from China.

From the source

Washington’s trade restrictions could leave the U.S.’s humanoid robotics market nearly 60% smaller than it would otherwise be by 2030, according to market research firm International Data Corporation (IDC). The projection points to a widening split in the global robotics industry: Chinese vendors now ship almost all of the world’s humanoid robots, while U.S. rules curb the American market from much of that supply. On July 28, the Federal Communications Commission (FCC) added “foreign-produced advanced robotic devices” to its Covered List, blocking new models from obtaining the authorization needed for U.S. imports and sales. Previously authorized models can still be imported and sold, while some software and firmware updates are permitted through at least Jan. 1, 2029. Vendors can also seek conditional approval for new models, subject to a national-security review and commitments to shift production to the U.S. U.S.-based robotics companies rely on China and other non-U.S.…

BestAIBroker analysis

Read the original source