Humanoid Robot Suppliers: Hesai, Parker-Hannifin Seen Benefiting

The rapidly expanding humanoid robot market, anticipated to grow from $2.3 billion in 2025 to $43.8 billion by 2035 at a 35.18% CAGR, presents a compelling investment thesis focused on component suppliers rather than robot manufacturers. Chinese lidar system provider Hesai Group (HSAI) and U.S.-based industrial technology company Parker-Hannifin (PH) are identified as key beneficiaries. Hesai supplies critical lidar technology for robot navigation and object detection, while Parker-Hannifin provides essential motion and control components. Despite Hesai's shares declining approximately 17% and Parker-Hannifin's rising about 9% in 2026, both firms are experiencing double-digit earnings growth, partly attributable to their contributions to the robotics sector. Hesai's lidar shipments saw a 193% increase year-over-year in a recent period, significantly outpacing the 60% rise in automotive ADAS lidar shipments. Parker-Hannifin reported a 15.8% year-over-year revenue increase in its fourth quarter, supported by its aerospace and industrial segments.

### Money Play Given the projected expansion of the humanoid robot market, investors may consider companies supplying essential components. Hesai Group (HSAI) provides lidar technology crucial for robot navigation, and Parker-Hannifin (PH) offers vital motion and control systems. Investors should monitor these suppliers as the robotics sector matures.

### Session Tape — each ticker + % only if in facts; state session explicitly - Hesai Group (HSAI) -1.56% - Parker-Hannifin (PH) -0.67%

## Catalyst Analysis: Sector Growth The primary catalyst for Hesai Group and Parker-Hannifin stems from the projected substantial growth in the humanoid robot market. This expansion is expected to drive demand for the specialized components and technologies these companies provide, positioning them as key enablers of this emerging industry.

## $HSAI+WL Technical Analysis & Key Risk Watch

## $PH+WL Technical Analysis & Key Risk Watch

## Impact on [Related Tickers] As the humanoid robot market develops, related technology providers and component manufacturers beyond Hesai and Parker-Hannifin could also see increased interest, though specific entities were not detailed in the provided facts.