{
  "slug": "bofa-humanoid-bom-2030",
  "url": "https://whirrwork.com/research/stats/bofa-humanoid-bom-2030/",
  "topic": "prices",
  "claim": "BofA Global Research expects a China-built humanoid robot's bill of materials to fall below $17,000 by 2030, roughly half the $35,000 it estimated for 2025, according to the Bank of America Institute.",
  "figure": {
    "value": 17000,
    "display": "below $17,000",
    "unit": "USD per unit (BOM, hardware cost), projection"
  },
  "scope": {
    "geography": "China-built humanoid robots",
    "period": "2030 (projection)"
  },
  "measure": "analyst estimate",
  "confidence": "low",
  "source_type": "primary",
  "source": {
    "type": "primary",
    "kind": "Analyst publication",
    "name": "Bank of America Institute",
    "title": "Physical AI, part 2: Humanoid robots (Transformation series)",
    "publisher": "Bank of America Institute",
    "published": "2026-03-12",
    "date_note": null,
    "url": "https://institute.bankofamerica.com/content/dam/transformation/physical-ai-part-2.pdf",
    "archive_url": null,
    "archived_at": null,
    "primary_note": "Bank of America Institute reporting a BofA Global Research estimate."
  },
  "accessed": "2026-11-03",
  "last_verified": "2026-11-03",
  "stale": false,
  "quote": {
    "text": "expects it to be roughly cut in half to below $17,000 by 2030, driven by scale effects and continued improvements in component design",
    "lang": "en"
  },
  "quote_note": null,
  "caveats": [
    "A projection (modelled estimate by BofA Global Research), not a measured cost.",
    "Hardware cost only, not a selling price; software, margin, support and integration are extra.",
    "The same report projects linear actuators at 27% of 2030 BOM, rotary actuators 24% and dexterous hands 19%."
  ],
  "verification": "Figure and quote read in the live source PDF on 2026-11-03 (editorial review).",
  "link_check": {
    "ok": true,
    "kind": "ok",
    "status": 200,
    "checked_at": "2026-11-03T23:30:30.719Z"
  },
  "release": null,
  "report_url": null,
  "license": "CC-BY-4.0",
  "attribution": "Whirrwork (https://whirrwork.com), CC BY 4.0",
  "citations": {
    "apa": "Whirrwork. (2026, November 3). BofA Global Research expects a China-built humanoid robot's bill of materials to fall below $17,000 by 2030, roughly half the $35,000 it estimated for 2025, according to the Bank of America Institute [Statistic]. Whirrwork Research. Retrieved November 3, 2026, from https://whirrwork.com/research/stats/bofa-humanoid-bom-2030/",
    "chicago": "Whirrwork. “BofA Global Research expects a China-built humanoid robot's bill of materials to fall below $17,000 by 2030, roughly half the $35,000 it estimated for 2025, according to the Bank of America Institute.” Whirrwork Research. Published November 3, 2026. Accessed November 3, 2026. https://whirrwork.com/research/stats/bofa-humanoid-bom-2030/.",
    "mla": "“BofA Global Research expects a China-built humanoid robot's bill of materials to fall below $17,000 by 2030, roughly half the $35,000 it estimated for 2025, according to the Bank of America Institute.” Whirrwork Research, Whirrwork, 3 Nov. 2026, whirrwork.com/research/stats/bofa-humanoid-bom-2030/. Accessed 3 Nov. 2026.",
    "bibtex": "@misc{whirrwork_bofa_humanoid_bom_2030,\n  author       = {{Whirrwork}},\n  title        = {{BofA Global Research expects a China-built humanoid robot's bill of materials to fall below \\$17,000 by 2030, roughly half the \\$35,000 it estimated for 2025, according to the Bank of America Institute}},\n  howpublished = {Whirrwork Research},\n  year         = {2026},\n  month        = nov,\n  url          = {https://whirrwork.com/research/stats/bofa-humanoid-bom-2030/},\n  urldate      = {2026-11-03},\n  note         = {Original source: Bank of America Institute, Physical AI, part 2: Humanoid robots (Transformation series) (2026-03-12). Licensed CC BY 4.0}\n}",
    "source_apa": "Bank of America Institute. (2026, March 12). Physical AI, part 2: Humanoid robots (Transformation series). https://institute.bankofamerica.com/content/dam/transformation/physical-ai-part-2.pdf"
  }
}