Humanoid Robot Market, By Component (Hardwareand Software), By Application (Research & Space Exploration, Education & Entertainment, Personal Assistance & Caregiving, Hospitality, Search & Rescue, Others), By Motion Type (Biped and Wheel-drive), By Geogra
Humanoid Robot Market, By Component (Hardwareand Software), By Application (Research & Space Exploration, Education & Entertainment, Personal Assistance & Caregiving, Hospitality, Search & Rescue, Others), By Motion Type (Biped and Wheel-drive), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)
Global humanoid robot market has been witnessing steady growth over the past few years due to increasing adoption of robots across several industrial applications. Humanoid robots are programmed to behave and move like humans through bipedal movements, and can perform various tasks such as handling objects, performing gestures and navigating indoor environments. Market players are focused on developing highly dexterous and adaptive robots that can replicate human behavior with improved artificial intelligence capabilities. Rising demand for automation in industrial processes and increasing labor costs boosts investments in humanoid robot technology. However, high development cost can hamper the wider acceptance of these robots.
Market Dynamics:
Global humanoid robot market growth is driven by factors such as rapid industrialization and increasing labor costs across developed as well as developing countries. Manufacturing companies are actively deploying humanoid robots for tasks that require dexterous movements such as assembling, packing and quality inspection. Furthermore, rising investments by tech giants in developing socially assistive robots with human-like features is expanding the potential scope of these robots beyond industrial applications into fields such as healthcare, education and entertainment. However, high R&D expenditure associated with developing advanced AI and bipedal locomotion technology can hamper the market growth. Ongoing improvements in robot hardware, sensory perception and cognitive abilities is expected to offer lucrative opportunities for humanoid robot providers in the near future.
Key features of the study:
This report provides in-depth analysis of the global humanoid robot market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year.
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
It profiles key players in the global humanoid robot market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
Key companies covered as a part of this study include Samsung Electronics, Qihan Technology, Toshiba, Honda Motor Co. Ltd, Instituto Italiano Di Technologia, Toyota Motor Corporation, Ubtech Robotics, Pal Robotics, Hanson Robotics, DST Robot, Kawada Robotics, Robo Garage, Engineered Arts, WowWee Group, ROBOTIS, SoftBank Corporation.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
Global humanoid robot market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global humanoid robot market.
Detailed Segmentation
By Component
Hardware
Software
By Application
Research & Space Exploration
Education & Entertainment
Personal Assistance & Caregiving
Hospitality
Search & Rescue
Others
By Motion Type
Biped
Wheel-drive
By Regional
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
Key Players
Samsung Electronics
Qihan Technology
Toshiba
Honda Motor Co. Ltd
Instituto Italiano Di Technologia
Toyota Motor Corporation
Ubtech Robotics
Pal Robotics
Hanson Robotics
DST Robot
Kawada Robotics
Robo Garage
Engineered Arts
WowWee Group
ROBOTIS
SoftBank Corporation.
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Component
Market Snippet, By Application
Market Snippet, By Motion Type
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New system Launch/Approvals
Impact of the COVID-19 Pandemic
4. Global Humanoid Robot Market, By Component, 2019-2031, (US$ Billion)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019-2031
Segment Trends
Hardware
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
Software
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
5. Global Humanoid Robot Market, By Application, 2019-2031, (US$ Billion)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Segment Trends
Research & Space Exploration
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
Education & Entertainment
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
Personal Assistance & Caregiving
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
Hospitality
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
Search & Rescue
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
Others
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
6. Global Humanoid Robot Market, By Motion Type, 2019-2031, (US$ Billion)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Segment Trends
Biped
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
Wheel-drive
Introduction
Market Size and Forecast, 2019-2031, (US$ Billion)
7. Global Humanoid Robot Market, By Region, 2019-2031 (US$ Billion)
Introduction
Market Share Analysis, By Region, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2019-2031
North America
Regional Trends
Market Size and Forecast, By Component, 2019-2031, (US$ Billion)
Market Size and Forecast, By Application, 2019-2031, (US$ Billion)
Market Size and Forecast, By Motion Type, 2019-2031, (US$ Billion)
Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
U.S.
Canada
Europe
Regional Trends
Market Size and Forecast, By Component, 2019-2031, (US$ Billion)
Market Size and Forecast, By Application, 2019-2031, (US$ Billion)
Market Size and Forecast, By Motion Type, 2019-2031, (US$ Billion)
Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
U.K.
Germany
Italy
France
Russia
Rest of Europe
Asia Pacific
Regional Trends
Market Size and Forecast, By Component, 2019-2031, (US$ Billion)
Market Size and Forecast, By Application, 2019-2031, (US$ Billion)
Market Size and Forecast, By Motion Type, 2019-2031, (US$ Billion)
Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
China
India
ASEAN
Australia
South Korea
Japan
Rest of Asia Pacific
Latin America
Regional Trends
Market Size and Forecast, By Component, 2019-2031, (US$ Billion)
Market Size and Forecast, By Application, 2019-2031, (US$ Billion)
Market Size and Forecast, By Motion Type, 2019-2031, (US$ Billion)
Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
Regional Trends
Market Size and Forecast, By Component, 2019-2031, (US$ Billion)
Market Size and Forecast, By Application, 2019-2031, (US$ Billion)
Market Size and Forecast, By Motion Type, 2019-2031, (US$ Billion)
Market Size and Forecast, By Country, 2019-2031, (US$ Billion)
GCC Countries
South Africa
Rest of the Middle East & Africa
8. Competitive Landscape
Company Profiles
Samsung Electronics
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Qihan Technology
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Toshiba
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Honda Motor Co. Ltd
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Instituto Italiano Di Technologia
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Toyota Motor Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Ubtech Robotics
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Pal Robotics
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Hanson Robotics
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
DST Robot
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Kawada Robotics
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Robo Garage
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Engineered Arts
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
WowWee Group
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
ROBOTIS
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
SoftBank Corporation.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
9. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
10. Section
References
Research Methodology
About us and Sales Contact
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