Global Humanoid Robots Market: Analysis By Component (Hardware & Software), By Motion Type (Bipedal & Wheel Drive), By Application (Retail & Healthcare, Hospitality, Construction, Military & Defense, and Others), By Region Size and Trends with Impact of C

Global Humanoid Robots Market: Analysis By Component (Hardware & Software), By Motion Type (Bipedal & Wheel Drive), By Application (Retail & Healthcare, Hospitality, Construction, Military & Defense, and Others), By Region Size and Trends with Impact of COVID-19 and Forecast up to 2027

The global humanoid robots market in 2021 was valued at US$1.53 billion. The market is expected to reach US$12.07 billion by 2027. Humanoid robots are service robots, with their body shape built to resemble the human body. Humanoid robots are being used in the inspection, maintenance and disaster response at power plants to relieve human workers of laborious and dangerous tasks. Similarly, they are prepared to take over routine tasks for astronauts in space travel.

Humanoid robots with artificial intelligence algorithms find large application in the healthcare sector as medical assistsants, training aids as these robots can execute tedious, and complex task from various body position. Therefore, surging demand from healthcare sector is one of the main factors that would drive the demand for humanoid robots in the forthcoming years. The market is expected to grow at a CAGR of approx. 41.21% during the forecasted period of 2022-2027.

Market Segmentation Analysis:

By Component: The report provides the bifurcation of the market into two segments based on the component: Hardware and Software. In 2021, hardware held the highest share of more than 50% in the market. On the other hand, the software segment is expected to grow at the highest CAGR in the forthcoming years on account of rising adoption of artificial intelligence algorithms in humanoid robots to boost robot’s performance.

By Motion Type: The report provides the categorization of the market into two segments based on the motion type: Bipedal and Wheel Drive. The bipedal motion type held more than 60% of the share in the market, in 2021. The segment is expected to grow at the highest CAGR in the forthcoming years segment owing to rising demand for biped robots as they are capable of walking on the feet like humans. In addition, beneficial features associated with the bipedal humanoids such as self-maintenance, autonomous learning, security, etc., that provide efficient assistance to human task is estimated to contribute to the bipedal segment growth in the forecasted period.

By Application: The report further provides the segmentation based on the application: Retail & Healthcare, Hospitality, Healthcare, Military & Defense, Construction and Others. The retail & healthcare held the highest share of more than 30% in the market. The market's expansion is aided by growing emphasis of the retail sector to enhance customer engagement by implementation of smart technologies such as humanoid robots and high adoption for personal assistance and caregiving to provide patients with personal care at hospitals and homes.

By Region: The report provides insight into the humanoid robots market based on the regions namely Asia Pacific, North America, Europe, and the Rest of the World. Asia Pacific held the major share of above 40% in the market owing to growing availability of most sophisticated and advanced robots at lower prices along with the large number of players present in the APAC region.

In North America, the US is expected to be the fastest growing region in the forecasted period. Whereas, in Europe region, Germany held almost 30% share in the market owing to the increasing adoption of humanoid robots by the industrial verticals due to modernization and industrialization in the region, surge in demand for automation in personal and professional sector, and increasing number of elderly care centres.

Market Dynamics:

Growth Drivers: One of the most important factors impacting the global humanoid robots market is accelerating adoption for educational purposes. With rapid urbanization and a rise in global education expenditure, academic domain has been proactively adopting advanced devices such as humanoid robots for providing an improved learning experience. In addition, the humanoid robots enable educators to create an enhanced interactive education session, which is propelling their adoption and bolstering the market growth. Thus, accelerating adoption of humanoid robots for educational purposes have positively contributed to the market growth. Furthermore, the market has been growing over the past few years, due to factors such as rapid urbanization, surging demand from healthcare sector, increasing geriatric population, rising income levels, and many other factors.

Challenges: However, the market has been confronted with some challenges specifically, high initial cost and research & development expenses, lack of high level interfacing, etc.

Trends: The market is projected to grow at a fast pace during the forecast period, due to various latest trends such as growing demand from retail industry for personal assistance, rising adoption in aviation industry, expansion of construction industry, etc. Technological advancements have influenced the demand for robotics and driven its adoption by various applications. Humanoid robots provide the best interface for human–robot interactions as they can mimic a person, that makes humans treat humanoid robots as companions. All these are the result of continuous technological advancements and growing research in the robotics field. Hence, continuous technological advancements and growing research in the robotics field would congruently support the growth of the humanoid robots market also.

Impact Analysis of COVID-19 and Way Forward:

In 2020, the pandemic affected growth of the humanoid robot market by halting the export of humanoid robot components, impacting the production of humanoid robots during the initial phase of 2020. However, the demand for humanoid robots increased in the healthcare sector in the second half of 2020. Humanoid robots handled COVID-19 panic situations at healthcare facilities by assisting and providing relief to over-burdened medical staff. They were used in hospitals to ensure the safety of the medical staff and supply food and medicines to the patients affected by the virus.

Competitive Landscape:

The global humanoid robots market is consolidated, with a few companies accounting for majority market revenue share.

The key players in the global humanoid robots market are:

Toyota Motor Corporation
Honda Motor Co., Ltd.
SoftBank Group Corp.
Toshiba Corporation
Kawada Technologies, Inc. (Kawada Robotic Corporation)
Hyulim Robot Co., Ltd.
Hanson Robotics Limited
Agility Robotics Inc.
Engineered Arts Limited
Hyundai Motor Group (Boston Dynamics)
UBTECH Robotics Inc.
Qihan Technology Co., Ltd.
Hajime Research Institute Ltd.

Some of the strategies among key players in the market for humanoid robots are product launches, mergers, acquisitions, and collaborations. For instance, in 2021, SoftBank Robotics signed a partnership agreement with Keenon Robotics to widen the applications of robotics systems in the service industry. Whereas, UBTECH Robotics, Inc., partnered with Ricoh USA, Inc., during the same year, to combine the deployment and maintenance of UV-C power disinfection system.


Global Humanoid Robots Market: Analysis By Component (Hardware & Software), By Motion Type (Bipedal & Wheel Drive), By Application (Retail & Healthcare, Hospitality, Construction, Military & Defense, and Others), By Region Size and Trends with Impact of COVID-19 and Forecast up to 2027 - Report Summary
Report Metrics Details
Years Considered 2017 - 2021
Base Year 2021
Forecast Period 2022-2027
Page Count 142
Units Referenced US$
Segments/Key Topics By Component, By Motion Type, By Application
Regions Covered Asia Pacific (China, Japan, South Korea, India, and Rest of the Asia Pacific), North America (The US, Canada, and Mexico), Europe (Germany, Italy, France, The UK, and Rest of Europe), and Rest of the World
Key Companies Mentioned Toyota Motor Corporation, Honda Motor Co., Ltd., SoftBank Group Corp., Toshiba Corporation, Kawada Technologies, Inc. (Kawada Robotic Corporation), Hyulim Robot Co., Ltd., Hanson Robotics Limited, Agility Robotics Inc., Engineered Arts Limited, Hyundai Motor Group (Boston Dynamics), UBTECH Robotics Inc., Qihan Technology Co., Ltd., and Hajime Research Institute Ltd.


Five FAQs about the Report

What is the size of this market?
The global humanoid robots market in 2021 was valued at US$1.53 billion.

What is the forecasted growth for this market?
The market would reach US$12.07 billion by 2027, growing at a CAGR of 41.21%, during the forecast period of 2022-2027.

What are key factors driving this market?
In the forthcoming years, the market growth is likely to be driven by the development of machine learning, artificial intelligence, machine vision, etc., and rapid adoption in healthcare sector. Additionally, benefits provided by humanoid robots such as safe load carrying, great efficiency, high accuracy and accomplishment of work in less time are some of the creative offerings that have increased the demand among target customers. Furthermore, growing focus on the enhancement of the retail industry globally with the implementation of smart technologies and automated & robotic products is another significant factor that would drive the demand for humanoid robots in the forthcoming years.

How is this market segmented in this report?
In the report, the global humanoid robots market is segmented based on component (Hardware and Software), motion type (Bipedal and Wheel Drive) and application (Retail & Healthcare, Hospitality, Construction, Military & Defense, and Others).

What is the definition of this market in this report?
Humanoid robots are service robots, with their body shape built to resemble the human body. Humanoid robots are being used in the inspection, maintenance and disaster response at power plants to relieve human workers of laborious and dangerous tasks.

What are the major influences driving the growth/decline of this market?
The global humanoid robots market growth is predicted to be supported by numerous growth drivers such as rapid urbanization, accelerating adoption for educational purposes, rising income levels, increasing geriatric population, and many other factors. Conversely, the market growth would be negatively impacted by various challenges such as high initial cost and research & development expenses, lack of high-level interfacing, etc.


1. Executive Summary
2. Introduction
2.1 Humanoid Robots: An Overview
2.1.1 Introduction to Humanoid Robots
2.1.2 Types of Robots
Table 1: Types of Robots
2.1.3 Components Breakdown of Humanoid Robots
Table 2: Components Breakdown of Humanoid Robots
2.2 Humanoid Robots Segmentation: An Overview
2.2.1 Humanoid Robots Segmentation
Table 3: Humanoid Robots Segmentation
3. Global Market Analysis
3.1 Global Humanoid Robots Market: An Analysis
3.1.1 Global Humanoid Robots Market: An Overview
3.1.2 Global Humanoid Robots Market by Value
Table 4: Global Humanoid Robots Market by Value; 2017-2021 (US$ Billion)
Table 5: Global Humanoid Robots Market by Value; 2022-2027 (US$ Billion)
3.1.3 Global Humanoid Robots Market by Component (Hardware and Software)
Table 6: Global Humanoid Robots Market by Component; 2021 (Percentage, %)
3.1.4 Global Humanoid Robots Market by Motion Type (Bipedal and Wheel drive)
Table 7: Global Humanoid Robots Market by Motion Type; 2021 (Percentage, %)
3.1.5 Global Humanoid Robots Market by Application (Retail & Healthcare, Hospitality, Construction, Military & Defense, and Others)
Table 8: Global Humanoid Robots Market by Application; 2021 (Percentage, %)
3.1.6 Global Humanoid Robots Market by Region (Asia Pacific, North America, Europe, and rest of the World)
Table 9: Global Humanoid Robots Market by Region; 2021 (Percentage, %)
3.2 Global Humanoid Robots Market: Component Analysis
3.2.1 Global Humanoid Robots Market by Component: An Overview
3.2.2 Global Humanoid Robots Hardware Market by Value
Table 10: Global Humanoid Robots Hardware Market by Value; 2017-2021 (US$ Million)
Table 11: Global Humanoid Robots Hardware Market by Value; 2022-2027 (US$ Billion)
3.2.3 Global Humanoid Robots Software Market by Value
Table 12: Global Humanoid Robots Software Market by Value; 2017-2021 (US$ Million)
Table 13: Global Humanoid Robots Software Market by Value; 2022-2027 (US$ Billion)
3.3 Global Humanoid Robots Market: Motion Type Analysis
3.3.1 Global Humanoid Robots Market by Motion Type: An Overview
3.3.2 Global Bipedal Humanoid Robots Market by Value
Table 14: Global Bipedal Humanoid Robots Market by Value; 2017-2021 (US$ Million)
Table 15: Global Bipedal Humanoid Robots Market by Value; 2022-2027 (US$ Billion)
3.3.3 Global Wheel Drive Humanoid Robots Market by Value
Table 16: Global Wheel Drive Humanoid Robots Market by Value; 2017-2021 (US$ Million)
Table 17: Global Wheel Drive Humanoid Robots Market by Value; 2022-2027 (US$ Billion)
3.4 Global Humanoid Robots Market: Application Analysis
3.4.1 Global Humanoid Robots Market by Application: An Overview
3.4.2 Global Retail & Healthcare Humanoid Robots Market by Value
Table 18: Global Retail & Healthcare Humanoid Robots Market by Value; 2017-2021 (US$ Million)
Table 19: Global Retail & Healthcare Humanoid Robots Market by Value; 2022-2027 (US$ Billion)
3.4.3 Global Hospitality Humanoid Robots Market by Value
Table 20: Global Hospitality Humanoid Robots Market by Value; 2017-2021 (US$ Million)
Table 21: Global Hospitality Humanoid Robots Market by Value; 2022-2027 (US$ Billion)
3.4.4 Global Construction Humanoid Robots Market by Value
Table 22: Global Construction Humanoid Robots Market by Value; 2017-2021 (US$ Million)
Table 23: Global Construction Humanoid Robots Market by Value; 2022-2027 (US$ Billion)
3.4.5 Global Military & Defense Humanoid Robots Market by Value
Table 24: Global Military & Defense Humanoid Robots Market by Value; 2017-2021 (US$ Million)
Table 25: Global Military & Defense Humanoid Robots Market by Value; 2022-2027 (US$ Billion)
3.4.6 Global Others Humanoid Robots Market by Value
Table 26: Global Others Humanoid Robots Market by Value; 2017-2021 (US$ Million)
Table 27: Global Others Humanoid Robots Market by Value; 2022-2027 (US$ Billion)
4. Regional Market Analysis
4.1 Asia Pacific Humanoid Robots Market: An Analysis
4.1.1 Asia Pacific Humanoid Robots Market: An Overview
4.1.2 Asia Pacific Humanoid Robots Market by Value
Table 28: Asia Pacific Humanoid Robots Market by Value; 2017-2021 (US$ Billion)
Table 29: Asia Pacific Humanoid Robots Market by Value; 2022-2027 (US$ Billion)
4.1.3 Asia Pacific Humanoid Robots Market by Region (China, Japan, South Korea, India, and Rest of the Asia Pacific)
Table 30: Asia Pacific Humanoid Robots Market by Region; 2021 (Percentage, %)
4.1.4 China Humanoid Robots Market by Value
Table 31: China Humanoid Robots Market by Value; 2017-2021 (US$ Million)
Table 32: China Humanoid Robots Market by Value; 2022-2027 (US$ Billion)
4.1.5 Japan Humanoid Robots Market by Value
Table 33: Japan Humanoid Robots Market by Value; 2017-2021 (US$ Million)
Table 34: Japan Humanoid Robots Market by Value; 2022-2027 (US$ Million)
4.1.6 South Korea Humanoid Robots Market by Value
Table 35: South Korea Humanoid Robots Market by Value; 2017-2021 (US$ Million)
Table 36: South Korea Humanoid Robots Market by Value; 2022-2027 (US$ Million)
4.1.7 India Humanoid Robots Market by Value
Table 37: India Humanoid Robots Market by Value; 2017-2021 (US$ Million)
Table 38: India Humanoid Robots Market by Value; 2022-2027 (US$ Million)
4.1.8 Rest of Asia Pacific Humanoid Robots Market by Value
Table 39: Rest of Asia Pacific Humanoid Robots Market by Value; 2017-2021 (US$ Million)
Table 40: Rest of Asia Pacific Humanoid Robots Market by Value; 2022-2027 (US$ Million)
4.2 North America Humanoid Robots Market: An Analysis
4.2.1 North America Humanoid Robots Market: An Overview
4.2.2 North America Humanoid Robots Market by Value
Table 41: North America Humanoid Robots Market by Value; 2017-2021 (US$ Million)
Table 42: North America Humanoid Robots Market by Value; 2022-2027 (US$ Billion)
4.2.3 North America Humanoid Robots Market by Region (The US, Canada, and Mexico)
Table 43: North America Humanoid Robots Market by Region; 2021 (Percentage, %)
4.2.4 The US Humanoid Robots Market by Value
Table 44: The US Humanoid Robots Market by Value; 2017-2021 (US$ Million)
Table 45: The US Humanoid Robots Market by Value; 2022-2027 (US$ Billion)
4.2.5 Canada Humanoid Robots Market by Value
Table 46: Canada Humanoid Robots Market by Value; 2017-2021 (US$ Million)
Table 47: Canada Humanoid Robots Market by Value; 2022-2027 (US$ Million)
4.2.6 Mexico Humanoid Robots Market by Value
Table 48: Mexico Humanoid Robots Market by Value; 2017-2021 (US$ Million)
Table 49: Mexico Humanoid Robots Market by Value; 2022-2027 (US$ Million)
4.3 Europe Humanoid Robots Market: An Analysis
4.3.1 Europe Humanoid Robots Market: An Overview
4.3.2 Europe Humanoid Robots Market by Value
Table 50: Europe Humanoid Robots Market by Value; 2017-2021 (US$ Million)
Table 51: Europe Humanoid Robots Market by Value; 2022-2027 (US$ Billion)
4.3.3 Europe Humanoid Robots Market by Region (Germany, Italy, France, the UK, and Rest of the Europe)
Table 52: Europe Humanoid Robots Market by Region; 2021 (Percentage, %)
4.3.4 Germany Humanoid Robots Market by Value
Table 53: Germany Humanoid Robots Market by Value; 2017-2021 (US$ Million)
Table 54: Germany Humanoid Robots Market by Value; 2022-2027 (US$ Million)
4.3.5 Italy Humanoid Robots Market by Value
Table 55: Italy Humanoid Robots Market by Value; 2017-2021 (US$ Million)
Table 56: Italy Humanoid Robots Market by Value; 2022-2027 (US$ Million)
4.3.6 France Humanoid Robots Market by Value
Table 57: France Humanoid Robots Market by Value; 2017-2021 (US$ Million)
Table 58: France Humanoid Robots Market by Value; 2022-2027 (US$ Million)
4.3.7 The UK Humanoid Robots Market by Value
Table 59: The UK Humanoid Robots Market by Value; 2017-2021 (US$ Million)
Table 60: The UK Humanoid Robots Market by Value; 2022-2027 (US$ Million)
4.3.8 Rest of Europe Humanoid Robots Market by Value
Table 61: Rest of Europe Humanoid Robots Market by Value; 2017-2021 (US$ Million)
Table 62: Rest of Europe Humanoid Robots Market by Value; 2022-2027 (US$ Million)
4.4 Rest of World Humanoid Robots Market: An Analysis
4.4.1 Rest of World Humanoid Robots Market: An Overview
4.4.2 Rest of World Humanoid Robots Market by Value
Table 63: Rest of World Humanoid Robots Market by Value; 2017-2021 (US$ Million)
Table 64: Rest of World Humanoid Robots Market by Value; 2022-2027 (US$ Million)
5. Impact of COVID-19
5.1 Impact of COVID-19 on Humanoid Robots Market
5.1.1 General Impact
5.1.2 Post COVID Impact on Humanoid Robots
6. Market Dynamics
6.1 Growth Drivers
6.1.1 Rapid Urbanization
Table 65: Global Share of Urban Population in Total Population; 2015, 2020 & 2050 (Percentage, %)
6.1.2 Accelerating Adoption for Educational Purposes
Table 66: Global Education Expenditure; 2018-2030
6.1.3 Rising Income Levels
Table 67: Global GNI per Capita; 2017-2021 (Current US$)
6.1.4 Increasing Geriatric Population
Table 68: Global Population 65 Years and Above; 2017-2021 (Million)
6.1.5 Surging Demand from Healthcare Sector
Table 69: Global Health Innovation Funding; 2019-2021 (US$ Billion)
6.2 Challenges
6.2.1 High Initial Cost and Research & Development Expenses
6.2.2 Lack of High Level Interfacing
6.2.3 Privacy & Security Concerns
6.3 Market Trends
6.3.1 Rising Adoption in Aviation Industry
Table 70: Global Number of Scheduled Passengers Boarded by the Airline Industry; 2020-2022 (Million)
6.3.2 Growing Demand from Retail Industry for Personal Assistance
Table 71: Global Total Retail Sales; 2020-2025 (US$ Trillion)
6.3.3 Expansion of Construction Industry
Table 72: Global Construction Market; 2020-2030 (US$ Trillion)
6.3.4 Technological Advancements
6.3.5 Increasing Rental Offerings of Humanoid Robots
7. Competitive Landscape
7.1 Global Humanoid Robots Market Players: Comparison based on Product Launches
Table 73: Global Humanoid Robots Market Players: Comparison based on Product Launches (2015-2022)
8. Company Profiling
8.1 Toyota Motor Corporation
8.1.1 Business Overview
8.1.2 Operating Segment
Table 74: Toyota Motor Corporation Sales Revenue by Segment; 2021 (Percentage, %)
8.1.3 Business Strategy
8.2 Honda Motor Co., Ltd.
8.2.1 Business Overview
8.2.2 Operating Segment
Table 75: Honda Motor Co., Ltd. Sales Revenue by Segment; 2021 (Percentage, %)
8.2.3 Business Strategy
8.3 SoftBank Group Corp.
8.3.1 Business Overview
8.3.2 Operating Segment
Table 76: SoftBank Group Corp. Net Sales by Segment; 2021 (Percentage, %)
8.3.3 Business Strategy
8.4 Toshiba Corporation
8.4.1 Business Overview
8.4.2 Business Segments
Table 77: Toshiba Corporation Net Sales by Segment; 2021 (Percentage, %)
8.4.3 Business Strategy
8.5 Kawada Technologies, Inc. (Kawada Robotic Corporation)
8.5.1 Business Overview
8.5.2 Operating Segment
Table 78: Kawada Technologies, Inc. Sales Revenue by Segment; 2021 (Percentage, %)
8.5.3 Business Strategy
8.6 Hyulim Robot Co., Ltd.
8.6.1 Business Overview
8.6.2 Business Strategy
8.7 Hanson Robotics Limited
8.7.1 Business Overview
8.7.2 Business Strategy
8.8 Agility Robotics Inc.
8.8.1 Business Overview
8.8.2 Business Strategy
8.9 Engineered Arts Limited
8.9.1 Business Overview
8.9.2 Business Strategy
8.10 Hyundai Motor Group (Boston Dynamics)
8.10.1 Business Overview
8.10.2 Business Strategy
8.11 UBTECH Robotics Inc.
8.11.1 Business Overview
8.11.2 Business Strategy
8.12 Qihan Technology Co., Ltd.
8.12.1 Business Overview
8.13 Hajime Research Institute Ltd.
8.13.1 Business Overview

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