Humanoid Robot Market, By Component (Hardware and Software), By Type (Wheel Drive and Biped), By Application (Education, Military and Defense, Research and Space Exploration, Personal Assistance and Caregiving, Search and Rescue, Public Relations, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) - Trends, Analysis, and Forecast till 2029

Report Code: PMI49319 | Publish Date: April 2024 | No. of Pages: 168

Global Humanoid Robot Market By Overview

Introduction:

Robots that resemble humans in terms of behaviour, appearance, and physical structure are called humanoids. In order to work in the same environment as humans, developers in the humanoid robots market are focusing on finding solutions to problems such dexterous manipulation, focused application, bipedal movement, etc. Important jobs like the decommissioning of a nuclear power plant, emergency response to natural disasters, extra-vehicular activities, and space exploration can all be accomplished with their assistance. Therefore, a key factor propelling the market for humanoid robots is the development of machine learning, artificial intelligence, machine vision, etc. The market growth would also be severely constrained by the rising expenses of R&D for creating humanoid robots. Humanoid Robot Market accounted for US$ 576.8 million in 2020 to US$ 6615.1 million by 2029 with a CAGR of 31.1%.

Global Humanoid Robot Market By Dynamics

A key driver propelling the growth of the worldwide humanoid robot market is the rising demand for humanoid robots from a variety of industries, including education, retail, and research. Another factor influencing the growth of the target market is the increasing use of humanoid robots for medical support. Over the course of the projected period, a humanoid robot for use in research projects and space exploration is anticipated to further spur market expansion. Major players and manufacturers in the target market are predicted to benefit from attractive growth prospects brought on by the development of innovative and affordable humanoid robots as well as the growing acceptance of these machines by a variety of industries throughout the world.                         

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Global Humanoid Robot Market By Segmentation

The Humanoid Robot Market is segmented based on component, type, application, and region.

On the basis of component, the Humanoid Robot Market is segmented into Hardware and Software. On the basis of type, the Humanoid Robot Market is segmented into Wheel Drive and Biped. On the basis of application, the Humanoid Robot Market is segmented into Education, Military and defense, Research and Space Exploration, Personal Assistance and Caregiving, Search and Rescue, Public Relations, and Others.

Regional Insights:

On basis of region the Humanoid Robot Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific humanoid robot market accounted for a significant revenue share of the overall humanoid robot industry, and it is expected to continue to dominate over the coming years. This is linked to the region's rapidly urbanising nations, rising construction industry, and supportive government policies. In 2018, the second-highest revenue share is anticipated to come from the European market

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Attribute

Details

Base year for estimation

2020

Forecast period

2020– 2029

Market representation

Revenue in USD Million & CAGR from 2020 to 2029

Market Segmentation

By Component – Hardware and Software.

By Type – Wheel Drive and Biped.  

By Application – Education, Military and defense, Research and Space Exploration, Personal Assistance and Caregiving, Search and Rescue, Public Relations, and Others

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2029. For the purpose of this study, has segmented the Humanoid Robot report based on test, application, and region.

Humanoid Robot Market, By Component:

  • Hardware
  • Software

Humanoid Robot Market, By Type:

  • Wheel Drive
  • Biped

Humanoid Robot Market, By Application:

  • Education
  • Military and defense
  • Research and Space Exploration
  • Personal Assistance and Caregiving
  • Search and Rescue
  • Public Relations
  • Others

Humanoid Robot Market, By Region:

  • North America
    • Middle East & Africa
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East & Africa
    • Latin America
        • Brazil
        • Mexico
        • Rest of Latin America
    • Asia Pacific
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Europe
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
      • U.S.
      • Canada

Global Humanoid Robot Market By Key Players

The key players operating the Humanoid Robot Market  Includes SoftBank Robotics Group Corp, Hanson Robotics, Inc., DST Robot Co., PAL Robotics S.L., KAWADA INDUSTRIES INC., Honda Motor Company, Ltd., UBTECH ROBOTICS, Inc., ROBOTIS Co., Hajime Research Institute Ltd., and Toyota Motor

Global Humanoid Robot Market By Company Profile

  • SoftBank Robotics Group Corp.*
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Hanson Robotics, Inc.
  • DST Robot Co.
  • PAL Robotics S.L.
  • KAWADA INDUSTRIES INC.
  • Honda Motor Company, Ltd.
  •  UBTECH ROBOTICS, Inc.
  • ROBOTIS Co.
  • Hajime Research Institute Ltd.
  • Toyota Motor Corporation.

 “*” marked represents similar segmentation in other categories in the respective section

Global Humanoid Robot Market By Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Preview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Component
      • Market Snippet, By Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Market Trends
    • Product Launch
    • Merger and Acquisitions
    • Impact Analysis
    • PEST Analysis
    • Porter’s Analysis
  4. Market Segmentation, By Component, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Hardware
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Software
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
  5. Market Segmentation, By Type, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Wheel Drive
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Biped
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
  6. Market Segmentation, Application, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 — 2029
      • Y-o-Y Growth Analysis (%), 2019 – 2029
      • Segment Trends
    • Education
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Military and defense
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Research and Space Exploration
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Personal Assistance and Caregiving
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Search and Rescue
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Public Relations
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
    • Others
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2029
  7. Global Market, By Region, 2020 – 2029, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 — 2029
        • Regional Trends
        • Y-o-Y Growth Analysis (%), 2019 – 2029
        • North America
          • Market Size and Forecast (US$ Mn), By Component, 2020 – 2029
          • Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
          • Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
          • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
            • U.S.
            • Canada
        • Europe
          • Market Size and Forecast (US$ Mn), By Component, 2020 – 2029
          • Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
          • Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
          • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
            • Germany
            • UK
            • France
            • Russia
            • Italy
            • Rest of Europe
        • Asia Pacific
          • Market Size and Forecast (US$ Mn), By Component, 2020 – 2029
          • Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
          • Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
          • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
            • China
            • India
            • Australia
            • Japan
            • South Korea
            • Rest of Asia Pacific
        • Latin America
          • Market Size and Forecast (US$ Mn), By Component, 2020 – 2029
          • Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
          • Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
          • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
            • Brazil
            • Mexico
            • Rest of Latin America
        • Middle East
          • Market Size and Forecast (US$ Mn), By Component, 2020 – 2029
          • Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
          • Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
          • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
            • GCC
            • Israel
            • Rest of Middle East
        • Africa
          • Market Size and Forecast (US$ Mn), By Component, 2020 – 2029
          • Market Size and Forecast (US$ Mn), By Type, 2020 – 2029
          • Market Size and Forecast (US$ Mn), By Application, 2020 – 2029
          • Market Size and Forecast (US$ Mn), By Country, 2020 – 2029
            • South Africa
            • Central Africa
            • North Africa
  1. Competitive Landscape
    • Heat Map Analysis
    • Company Profiles
      • SoftBank Robotics Group Corp.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Hanson Robotics, Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • DST Robot Co.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • PAL Robotics S.L.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • KAWADA INDUSTRIES INC.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Honda Motor Company, Ltd.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • UBTECH ROBOTICS, Inc.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • ROBOTIS Co.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Hajime Research Institute Ltd.
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
      • Toyota Motor Corporation
        • Company Overview
        • Product Portfolio
        • Key Highlights
        • Financial Overview
    • Analyst Views
  2. Section
    • Research Methodology
    • About Us
    • Contact

FAQs

The Humanoid Robot Market is segmented into component, type, application, and region.

Increasing demand for humanoid robots from various sectors such as education, retail, and research across the globe are major factor driving growth of the humanoid robot market.

By region, Asia Pacific humanoid robot market accounted for major revenue share of the humanoid robot market and is further anticipated to maintain its dominance over the forecast period.

The Key players operating in the Humanoid Robot Market include SoftBank Robotics Group Corp, Hanson Robotics, Inc., DST Robot Co., PAL Robotics S.L., KAWADA INDUSTRIES INC., Honda Motor Company, Ltd., UBTECH ROBOTICS, Inc., ROBOTIS Co., Hajime Research Institute Ltd., and Toyota Motor Corporation.