The Humanoid Robot Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
Learn More On The Humanoid Robot Market:
https://www.thebusinessresearchcompany.com/report/humanoid-robot-global-market-report
According to The Business Research Company’s Humanoid Robot Global Market Report 2024, The humanoid robot market size has grown exponentially in recent years. It will grow from $2.44 billion in 2023 to $3.7 billion in 2024 at a compound annual growth rate (CAGR) of 51.6%. The growth in the historic period can be attributed to increasing labor costs, rising interest in automation, demand for efficiency, growth in the manufacturing industry, globalization of supply chains.
The humanoid robot market size is expected to see exponential growth in the next few years. It will grow to $19.69 billion in 2028 at a compound annual growth rate (CAGR) of 51.9%. The growth in the forecast period can be attributed to expanding applications in healthcare, rising demand for personal assistance robots, evolving consumer preferences, increased funding in robotics research, demand for collaborative robots. Major trends in the forecast period include customization and personalization, focus on safety features, adoption of cloud robotics, emergence of socially intelligent robots, sustainability initiatives.
Rising demand for humanoid robots in the medical sector is driving the humanoid robot market. The medical sector refers to a broad range of organizations and professionals involved in providing medical services, treatments, and products to promote and maintain human health. Humanoid robots are being increasingly used in the medical industry, owing to the benefits offered by humanoid robots such as efficiency, personal care management, and increased accuracy of diagnosis. For instance, in October 2022, according to the International Federation of Robotics (IFR), a Germany-based non-profit organization promoting the robotics industry worldwide, the medical sector employed 14,800 service robots in 2021, an increase of 23% as compared to 2020. As a result, the rising demand for humanoid robots in the medical sector is driving the humanoid robot market going forward.
Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=12726&type=smp
The humanoid robot market covered in this report is segmented –
1) By Component: Hardware, Software, Services
2) By Motion Type: Biped, Wheel Drive
3) By Application: Education And Entertainment, Research And Space Exploration, Personal Assistance And Caregiving, Search And Rescue, Public Relations, Other Applications
Technological improvements are a key trend gaining popularity in the humanoid robot market. Major companies in the humanoid robot market are focused on developing technologically advanced robots to sustain their position in the market. For instance, in August 2022, Xiaomi, a China-based technology company, introduced the CyberOne humanoid robot. The new bipedal robot has technologically advanced features, such as an AI-based full-sized humanoid frame that generates peak torque of 300 nm and supports 21 degrees of freedom in motion. It leverages Mi-Sense depth vision technology to visually process the individual gestures, expressions, and reactions of the person in front of it.
The humanoid robot market report table of contents includes:
1. Executive Summary
2.Humanoid Robot Market Characteristics
3.Humanoid Robot Market Trends And Strategies
4.Humanoid Robot Market analysis
5.Humanoid Robot Market Size And Growth
6.Humanoid Robot Segmentation
7.Humanoid Robot Regional And Country Analysis
.
.
.
27.Humanoid Robot Competitive Landscape And Company Profiles
28.Humanoid Robot Key Mergers And Acquisitions
29.Humanoid Robot Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Toyota Motor Corporation
- Samsung Electronics Co. Ltd.
- Honda Motor Co. Ltd.
- SoftBank Corp.
- Toshiba Corporation
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
The global Humanoid Robot Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the Humanoid Robot include Softbank Robotics, Agility robotics, Hajime Research Institute, KAWADA ROBOTICS, Qihan Technologies, PAL Robotics, DST Robot, Robotis, ROBO GARAGE Co, Toshiba, Ubtech Robotics Inc., Honda, Hanson Robotics, and National Aeronautics and Space Administration..
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Humanoid Robot Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/humanoid-robot-market/download-sampleMarket Segmentation The broad Humanoid Robot has been sub-grouped into the Component ,Motion Type, Application and Region.
The report studies these subsets with respect to the geographical segmentation.
The strategists can gain a detailed insight and devise appropriate strategies to target specific market.
According to the new market research report on the "Humanoid Robot Market by Component, Motion Type (Biped & Wheel Drive), Application (Education and Entertainment, Research & Space Exploration, Personal Assistance and Caregiving, Search and Rescue, Public Relations), and Geography - Global Forecast to 2023", the humanoid robot market is expected to grow from USD 320.3 Million in 2017 to USD 3,962.5 Million by 2023, at a CAGR of 52.1% between 2017 and 2023.
The market is mainly driven by factors such as the introduction of advanced features in humanoid robots, the increasing use of humanoids as educational robots, and growing demand from the retail industry for personal assistance.Browse 64 Market Data Tables and 37 Figures spread through 133 Pages and in-depth TOC on "Humanoid Robot Market - Global Forecast to 2023"Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=99567653Early buyers will receive 10% customization on reports.Humanoid robot market for software to grow at higher CAGR during forecast periodThe humanoid robot market for software is expected to grow at a higher CAGR during the forecast period.
As the technological advancement will lead to the growing complexity in terms of features such as AI and autonomous operations, the value of the software part in the robot will grow faster than hardware as software will assist the complex functionalities to process efficiently and accurately.Biped motion type held larger share of humanoid robot market in 2016The biped motion type captured a larger share of the overall humanoid robot market in 2016.
The actual human-like appearance can be realized in humanoids only when the robot is capable of walking on feet like humans; owing to this, a majority of the humanoid robot manufacturers are focusing on their designs to make biped robots.Americas is the major consumer of humanoid robotsThe Americas accounted for the largest share of the overall humanoid robot market in 2016.
The Americas is the early adopter of humanoids for all the major applications, such as public relations, personal assistance and caregiving, and education and entertainment, resulting in the maximum demand for robots from this region.The report profiles the most promising players in the market.
The competitive landscape of the market is highly dynamic because of the presence of a significant number of big and small players.
