ORBBEC Expands Beyond Robot Vision Into Physical AI and 3D Printing

ORBBEC (688322.SH), a pioneer in 3D vision perception, is rapidly expanding beyond its core robot vision business into multiple high-growth sectors including Physical AI, general AI vision, 3D printing, and 3D data acquisition. As the leading 3D vision company in Asia-Pacific's service robot market with over 70% market share in China and South Korea, ORBBEC is leveraging a decade of deep R&D to build a comprehensive "chip + algorithm + optics" technology stack. The company has successfully taped out over a dozen proprietary chips covering structured light, iToF, dToF, and LiDAR technologies, creating a robust moat across the full spectrum of 3D vision technologies. This foundation has enabled ORBBEC to evolve from a component supplier into a "perception-as-a-service" provider, delivering end-to-end solutions from data collection to intelligent recognition and decision execution. ORBBEC's products have been integrated into the supply chains of leading humanoid robot manufacturers including AgiBot, UBTech, and Unitree. Beyond robotics, ORBBEC is accelerating expansion into 3D printing. On May 29, the company deepened its strategic partnership with Creality 3D, which recently listed in Hong Kong, to establish a joint 3D scanner digital innovation center and launch a next-generation "3D Printing AI Vision Intelligent Platform." China's 3D printer exports surged 119% year-on-year in the first four months of 2026, positioning ORBBEC's 3D printing business as a significant second growth curve. The company's high-precision 3D vision products also serve as the data foundation for Physical AI world models, with deep integration into NVIDIA's Isaac Sim simulation platform, effectively bridging real-world data acquisition with simulation training. Industry forecasts suggest that 3D scanning, digital modeling, and 3D printing-related industries will approach a trillion-dollar market over the next decade. This multi-track strategy is already delivering tangible results. ORBBEC reported Q1 2026 revenue of RMB 203 million, with net profit after deductions surging 531.01% year-on-year. As each business line continues to scale and the product mix improves, analysts expect both revenue growth and gross margin expansion throughout 2026, opening up significant long-term growth potential.