Global Humanoid Robot Market 2024-2028

Global Humanoid Robot Market 2024-2028


The humanoid robot market is forecasted to grow by USD 16993.62 mn during 2023-2028, accelerating at a CAGR of 45.57% during the forecast period. The report on the humanoid robot market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by demand for enhanced visibility and flexibility in industrial operations, rising demand for humanoid robots from the logistics sector, and surging demand for humanoid robots from the medical sector.

Technavio's humanoid robot market is segmented as below:

By Application
  • Personal assistance and caregiving
  • Research and space exploration
  • Education and entertainment
  • Search and rescue
  • Public relations
By Component
  • Hardware
  • Software
By Geographical Landscape
  • North America
  • APAC
  • Europe
  • Middle East and Africa
  • South America
This study identifies the growing demand for humanoid robots owing to the emergence of smart manufacturing as one of the prime reasons driving the humanoid robot market growth during the next few years. Also, the increasing usage of humanoids as educational robots and the rapidly increasing geriatric population in most developed countries will lead to sizable demand in the market.

The report on the humanoid robot market covers the following areas:
  • Humanoid robot market sizing
  • Humanoid robot market forecast
  • Humanoid robot market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading humanoid robot market vendors that include Engineered Arts Ltd., EZRobot Inc., Figure AI Inc., HAHN Group GmbH, HANSON ROBOTICS Ltd., Hasbro Inc., Honda Motor Co. Ltd., Hyundai Motor Co., Invento Research Inc., Kawada Robotics Co. Ltd., Macco Robotics, PAL Robotics, Promobot LLC, ROBO GARAGE CO. LTD., Robosen Technologies Ltd, ROBOTIS Co. Ltd, Toyota Motor Corp., Trossen Robotics, UBTECH Robotics Inc., and United Robotics Group GmbH. Also, the humanoid robot market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape and an analysis of the key vendors.

The publisher presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources by analyzing key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Application
      • Table Executive Summary – Chart on Market Segmentation by Component
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global humanoid robot market 2018 - 2022
      • Table Historic Market Size – Data table on global humanoid robot market 2018 - 2022 ($ million)
    • Application Segment Analysis 2018 - 2022
      • Table Historic Market Size – Application Segment 2018 - 2022 ($ million)
    • Component Segment Analysis 2018 - 2022
      • Table Historic Market Size – Component Segment 2018 - 2022 ($ million)
    • Geography Segment Analysis 2018 - 2022
      • Table Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • Country Segment Analysis 2018 - 2022
      • Table Historic Market Size – Country Segment 2018 - 2022 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2023 and 2028
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2023 and 2028
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2023 and 2028
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2023 and 2028
    • Market condition
      • Table Chart on Market condition - Five forces 2023 and 2028
  • Market Segmentation by Application
    • Market segments
      • Table Chart on Application - Market share 2023-2028 (%)
      • Table Data Table on Application - Market share 2023-2028 (%)
    • Comparison by Application
      • Table Chart on Comparison by Application
      • Table Data Table on Comparison by Application
    • Personal assistance and caregiving - Market size and forecast 2023-2028
      • Table Chart on Personal assistance and caregiving - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Personal assistance and caregiving - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Personal assistance and caregiving - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Personal assistance and caregiving - Year-over-year growth 2023-2028 (%)
    • Research and space exploration - Market size and forecast 2023-2028
      • Table Chart on Research and space exploration - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Research and space exploration - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Research and space exploration - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Research and space exploration - Year-over-year growth 2023-2028 (%)
    • Education and entertainment - Market size and forecast 2023-2028
      • Table Chart on Education and entertainment - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Education and entertainment - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Education and entertainment - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Education and entertainment - Year-over-year growth 2023-2028 (%)
    • Search and rescue - Market size and forecast 2023-2028
      • Table Chart on Search and rescue - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Search and rescue - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Search and rescue - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Search and rescue - Year-over-year growth 2023-2028 (%)
    • Public relations - Market size and forecast 2023-2028
      • Table Chart on Public relations - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Public relations - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Public relations - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Public relations - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Application
      • Table Market opportunity by Application ($ million)
      • Table Data Table on Market opportunity by Application ($ million)
  • Market Segmentation by Component
    • Market segments
      • Table Chart on Component - Market share 2023-2028 (%)
      • Table Data Table on Component - Market share 2023-2028 (%)
    • Comparison by Component
      • Table Chart on Comparison by Component
      • Table Data Table on Comparison by Component
    • Hardware - Market size and forecast 2023-2028
      • Table Chart on Hardware - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Hardware - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Hardware - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Hardware - Year-over-year growth 2023-2028 (%)
    • Software - Market size and forecast 2023-2028
      • Table Chart on Software - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Software - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Software - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Software - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Component
      • Table Market opportunity by Component ($ million)
      • Table Data Table on Market opportunity by Component ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2023-2028 (%)
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • North America - Market size and forecast 2023-2028
      • Table Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on North America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • APAC - Market size and forecast 2023-2028
      • Table Chart on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on APAC - Market size and forecast 2023-2028 ($ million)
      • Table Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Table Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • Middle East and Africa - Market size and forecast 2023- 2028
      • Table Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • South America - Market size and forecast 2023-2028
      • Table Chart on South America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on South America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on South America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on South America - Year-over-year growth 2023-2028 (%)
    • US - Market size and forecast 2023-2028
      • Table Chart on US - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Table Chart on US - Year-over-year growth 2023-2028 (%)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • Japan - Market size and forecast 2023-2028
      • Table Chart on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Japan - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Chart on China - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Table Chart on China - Year-over-year growth 2023-2028 (%)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • South Korea - Market size and forecast 2023-2028
      • Table Chart on South Korea - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on South Korea - Market size and forecast 2023-2028 ($ million)
      • Table Chart on South Korea - Year-over-year growth 2023-2028 (%)
      • Table Data Table on South Korea - Year-over-year growth 2023-2028 (%)
    • Germany - Market size and forecast 2023-2028
      • Table Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Demand for enhanced visibility and flexibility in industrial operations
      • Rising demand for humanoid robots from the logistics sector
      • Surging demand for humanoid robots from medical sector
    • Market challenges
      • Ethical issues with humanoid robots
      • High initial research and development costs
      • Unpredictable performance of robots in vulnerable environments
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2023 and 2028
    • Market trends
      • Growing demand of humanoid robot owing to emergence of smart manufacturing
      • Increasing usage of humanoids as educational robots
      • Rapidly increasing geriatric population in most developed countries
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • Engineered Arts Ltd.
      • Table Engineered Arts Ltd. - Overview
      • Table Engineered Arts Ltd. - Product / Service
      • Table Engineered Arts Ltd. - Key offerings
    • EZRobot Inc.
      • Table EZRobot Inc. - Overview
      • Table EZRobot Inc. - Product / Service
      • Table EZRobot Inc. - Key offerings
    • Figure AI Inc.
      • Table Figure AI Inc. - Overview
      • Table Figure AI Inc. - Product / Service
      • Table Figure AI Inc. - Key offerings
    • HANSON ROBOTICS Ltd.
      • Table HANSON ROBOTICS Ltd. - Overview
      • Table HANSON ROBOTICS Ltd. - Product / Service
      • Table HANSON ROBOTICS Ltd. - Key offerings
    • Hasbro Inc.
      • Table Hasbro Inc. - Overview
      • Table Hasbro Inc. - Business segments
      • Table Hasbro Inc. - Key news
      • Table Hasbro Inc. - Key offerings
      • Table Hasbro Inc. - Segment focus
    • Honda Motor Co. Ltd.
      • Table Honda Motor Co. Ltd. - Overview
      • Table Honda Motor Co. Ltd. - Business segments
      • Table Honda Motor Co. Ltd. - Key news
      • Table Honda Motor Co. Ltd. - Key offerings
      • Table Honda Motor Co. Ltd. - Segment focus
    • Hyundai Motor Co.
      • Table Hyundai Motor Co. - Overview
      • Table Hyundai Motor Co. - Business segments
      • Table Hyundai Motor Co. - Key news
      • Table Hyundai Motor Co. - Key offerings
      • Table Hyundai Motor Co. - Segment focus
    • Kawada Robotics Co. Ltd.
      • Table Kawada Robotics Co. Ltd. - Overview
      • Table Kawada Robotics Co. Ltd. - Product / Service
      • Table Kawada Robotics Co. Ltd. - Key offerings
    • Macco Robotics
      • Table Macco Robotics - Overview
      • Table Macco Robotics - Product / Service
      • Table Macco Robotics - Key offerings
    • PAL Robotics
      • Table PAL Robotics - Overview
      • Table PAL Robotics - Product / Service
      • Table PAL Robotics - Key offerings
    • Promobot LLC
      • Table Promobot LLC - Overview
      • Table Promobot LLC - Product / Service
      • Table Promobot LLC - Key offerings
    • ROBOTIS Co. Ltd
      • Table ROBOTIS Co. Ltd - Overview
      • Table ROBOTIS Co. Ltd - Product / Service
      • Table ROBOTIS Co. Ltd - Key news
      • Table ROBOTIS Co. Ltd - Key offerings
    • Toyota Motor Corp.
      • Table Toyota Motor Corp. - Overview
      • Table Toyota Motor Corp. - Business segments
      • Table Toyota Motor Corp. - Key offerings
      • Table Toyota Motor Corp. - Segment focus
    • UBTECH Robotics Inc.
      • Table UBTECH Robotics Inc. - Overview
      • Table UBTECH Robotics Inc. - Product / Service
      • Table UBTECH Robotics Inc. - Key offerings
    • United Robotics Group GmbH
      • Table United Robotics Group GmbH - Overview
      • Table United Robotics Group GmbH - Product / Service
      • Table United Robotics Group GmbH - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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