AgiBot shipped 10,000 humanoid robots and barely anyone covered it

A Chinese robotics company called AgiBot hit 10,000 cumulative units shipped on March 30. Morgan Stanley estimates global humanoid robot shipments in 2025 were between 13,000 and 16,000 total, with China making about 90%. Unitree grew 2025 revenue roughly 335%. 60% gross margins. UBTech got its Walker S2 into mass production. So one country is producing nearly all the humanoid robots on the planet and the iteration speed is increasing. TrendForce expects Unitree and AgiBot to control near 80% of