Goldman lifts 2035 humanoid forecast to 6.5 million
Mid-September 2026 financial relays summarized Goldman Sachs’ ~80-page Physical AI note. According to relays of the Physical AI report, the bank raised its humanoid shipment path sharply.
Figures as relayed 14–16 September
Shipments seen at 75,000 in 2026, 890,000 in 2030 and about 6.5 million in 2035. Associated 2035 opportunity: about $138 billion, versus a prior frame near $38 billion / ~1.4 million units. Early end markets named: logistics, warehousing, automotive plants.
24/7 Wall St. also relays semiconductor content of $3,000 to more than $6,000 per humanoid and cumulative service-cost savings cited at $72 billion between 2026 and 2030.
How to read the revision
The multiple tracks cheaper hardware and real factories — including UBTECH’s Liuzhou rate target and Agility Digit 5 — not proof that household humanoids work. Treat the PDF as unseen unless a Goldman original is added later; do not invent quotations.
Same-week context: Unitree’s post-IPO slide shows volume forecasts and listed-company margins can move in opposite directions. See our Unitree IPO dossier.
✔ How we checked this
The Goldman Sachs Physical AI PDF is not in our open sources. Every figure below is taken from 14–16 September 2026 relays. Phrase as according to relays of the Physical AI report.
Information verified as of the publication or update date shown. Technology moves fast — check the sources below.
Sources
- Goldman Sachs just supercharged its humanoid robot prediction — 24/7 Wall St.
- Goldman Sachs humanoid forecast — KBS
- Goldman Sachs sees humanoid robots scaling to 6.5 million units by 2035 — WebProNews
- Humanoid robots market advances as Goldman Sachs sees 6.5m units by 2035 — Streetwise Reports
- Goldman raises 2035 humanoid robot forecast to 6.5 million — Humanoid.guide
