The global humanoid robot market is anticipated to showcase considerable growth during the forecast period. There are various key factors that are attributing to the growth of the global humanoid robot industry such as the increase in demand for humanoid robots from the hospitality industry, an increase in usage of humanoid robots in education and research purposes, and significant technological advancements in robotics. Moreover, the increasing popularity of companion robotic technology in research, healthcare, and hospitality sectors to gain enhanced assistance & operational efficiency are the other factors that are driving the growth of the market. The humanoid robots are the robots with their body shape built to resemble the human body that has been assisting humankind in various capacities.
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Humanoid robotics is broadly used in the field of education, entertainment, and healthcare. A humanoid robot is a robot that resembles the physical body of the human such as one head, a torso, and two arms and also capable to communicate with humans such as take orders from its user and perform limited activities. The humanoid robots are mostly equipped with sensors, actuators, cameras, and speakers and these robots are typically preprogrammed for specific actions according to the user requirement. The market is considerably driven by the product development done by the key players operating in the market. For instance, in October 2018, Advanced Industrial and Science Technology (AIST) had announced the product launch of HRP-5P bot, which is programmed to perform basic tasks in the construction sector such as the hanging of plywood and drywall.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Humanoid Robot Market- Segmentation
By Motion Type
- Wheel Drive
- Biped
By End-User
- Education
- Personal Assistance
- Research & Space Exploration
- Entertainment
- Others
Global Humanoid Robot Market– Segment by Region
North America
- The US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East Africa
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global humanoid robotics market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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