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Prices and price declines

below $17,000 USD per unit (BOM, hardware cost), projection

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.

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Source

Figure
below $17,000 USD per unit (BOM, hardware cost), projection
Scope
China-built humanoid robots · 2030 (projection)
Type of figure
analyst estimate
Source
Primary Analyst publication
Publisher
Bank of America Institute
Title
Physical AI, part 2: Humanoid robots (Transformation series)
Published
Accessed
Last verified
URL
https://institute.bankofamerica.com/content/dam/transformation/physical-ai-part-2.pdf
Archived copy
No archived copy yet (the archive could not capture this page)
Primary-source note
Bank of America Institute reporting a BofA Global Research estimate.
Link check
Resolves (HTTP 200), Nov 3, 2026

“…expects it to be roughly cut in half to below $17,000 by 2030, driven by scale effects and continued improvements in component design…”

Source passage: Bank of America Institute

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%.

Figure and quote read in the live source PDF on 2026-11-03 (editorial review).

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Cite this

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,
  author       = {{Whirrwork}},
  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}},
  howpublished = {Whirrwork Research},
  year         = {2026},
  month        = nov,
  url          = {https://whirrwork.com/research/stats/bofa-humanoid-bom-2030/},
  urldate      = {2026-11-03},
  note         = {Original source: Bank of America Institute, Physical AI, part 2: Humanoid robots (Transformation series) (2026-03-12). Licensed CC BY 4.0}
}

Original 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

For third-party figures, please credit the original source as well as (or instead of) Whirrwork.

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Text, statistics pages, charts and dataset releases are licensed under Creative Commons Attribution 4.0 (CC BY 4.0). Quoted passages remain the property of their publishers, and third-party figures should also be credited to their original source.

Attribution wording: Source: Whirrwork (https://whirrwork.com), CC BY 4.0 · CC BY 4.0