Humanoid Robot

Humanoid Robot

Global Humanoid Robot Market to Reach $70.4 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Humanoid Robot estimated at US$1.4 Billion in the year 2022, is projected to reach a revised size of US$70.4 Billion by 2030, growing at aCAGR of 63% over the period 2022-2030. Wheel Drive, one of the segments analyzed in the report, is projected to record 49.2% CAGR and reach US$28.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Biped segment is readjusted to a revised 90.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $430.2 Million, While China is Forecast to Grow at 59.4% CAGR
The Humanoid Robot market in the U.S. is estimated at US$430.2 Million in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$10.5 Billion by the year 2030 trailing a CAGR of 59.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 54.4% and 52.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 41.8% CAGR.

Select Competitors (Total 11 Featured) -

• Cybedroid
• DST Robot
• Engineered Arts Ltd.
• Hajime Research Institute Ltd.
• Hanson Robotics Limited
• Holotron Technologies
• Honda Motor Co., Ltd.
• Kawada Robotics Corporation
• Mahto Corporation
• Paaila Technology

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