Understanding the Market | ROBOSENSE surged over 7% in early trading as strong demand in the robotics market drove a significant increase in corporate orders, highlighting the company's scale effect
ROBOSENSE rose more than 7% in early trading, and as of the time of writing, it has increased by 7.78%, trading at HKD 45.98, with a transaction volume of HKD 264 million. The demand for LiDAR is strong, and it is expected that the market size in China will reach CNY 24.07 billion by 2025 and rise to CNY 43.18 billion by 2026. Dongguan Securities pointed out that LiDAR has become an industry standard, and the installation volume and penetration rate are expected to continue to increase. The company has reached cooperation with several globally leading manufacturers, with order sizes exceeding seven figures, indicating a broad market prospect
According to Zhitong Finance APP, ROBOSENSE (02498) rose over 7% in early trading, and as of the time of writing, it is up 7.78%, priced at HKD 45.98, with a transaction volume of HKD 264 million.
In terms of news, according to CCTV Finance, LiDAR is one of the core components of robots, enabling them to achieve functions such as positioning, navigation, and obstacle avoidance. This year, due to strong demand in the robotics market, orders for LiDAR companies have surged. Data shows that the market size of LiDAR in China is expected to reach CNY 24.07 billion by 2025, further increasing to CNY 43.18 billion by 2026. Dongguan Securities believes that LiDAR has transformed from a "noble sensor" to a "standard configuration for 100,000 units," with Chinese manufacturers leading globally in scale, cost, and mass production pace. The industry is entering a golden period of "simultaneous increase in quantity and price." With declining costs, it is expected that the adoption rate and penetration will continue to rise.
China Post Securities pointed out that in the first half of 2025, the gross profit margin of ROBOSENSE's robotic LiDAR increased from 26.1% in the same period last year to 45.0%, highlighting the scale effect. In terms of customer expansion, significant achievements have been made, with collaborations established with several leading global robotic lawn mower manufacturers, and order sizes exceeding seven figures. For instance, a three-year strategic cooperation agreement was signed with Kuka Technology for 1.2 million units of all-solid-state LiDAR. In the field of unmanned delivery, deep cooperation has been established with North American COCO Robotics, two leading delivery platforms in North America, as well as domestic companies such as Meituan, New Stoneware, and White Rhino; in the direction of embodied intelligence, close collaboration is ongoing with Yushu Technology and Yuejiang, with broad market prospects
