Global Humanoid Robot Market is valued at approximately USD 1,107 million in 2019 and is anticipated to grow with a healthy growth rate of more than 35% over the forecast period 2020-2027.
The Global Humanoid Robot Market research report provides a succinct analysis on the recent market trends. In addition, the report offers a thorough abstract on the statistics, market estimates and revenue forecasts, which further highlights its position in the industry, in tandem with the growth strategies adopted by leading industry players.
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Market Analysis of Global Humanoid Robot –
Humanoid robots are the robots that usually be similar to the body shape and attributes of humans, like the capability to walk in an upright position. Humanoid robots also possess a physical appearance similar to that of a human, which includes a head, two arms, and two legs. These robots often have the attribute of autonomous learning, safe collaboration with the adjacent environment and humans, and self-maintenance. They are employed in several application areas, including scientific research, media & entertainment, automotive manufacturing line, personal assistance, education, and many others. The humanoid robots have been developed with artificial intelligence techniques and algorithms to increase in extreme tasks, such as space exploration missions.
Several sensors (such as proprioceptive and exteroceptive sensors) and actuators are also used in the development of humanoid robots to determine the surrounding attributes to help the robots work effectively. Therefore, these factors are anticipated to accelerate market growth around the world. Moreover, the increasing usage of a humanoid robot in the retail and educational sectors, along with the advent of product launches are few other factors responsible for the market growth over the forecast period. For instance, in 2019, Russia has introduced a new humanoid robot, named Fyodor to the International Space Station (ISS) on the first unscrewed Soyuz spacecraft. Similarly, in 2017, Dubai police have revealed a new Robocop, a humanoid robot, which aimed at aiding individuals in malls & streets, secure the city as well as fight crime.
The regional analysis of the global Humanoid Robot market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the high adoption of humanoid robots in retail and scientific research, along with the presence of a significant number of vendors in the region. Whereas Asia-Pacific is anticipated to exhibit the highest growth rate / CAGR over the forecast period 2020-2027, due to the high deployment of humanoid robots for the personal assistance and caregiving application in the emerging countries, such as China and India.
Major market player included in this report are:
DST Robot Co..
Engineered Arts Limited
Hajime Research Institute
Hanson Robotics Limited
Honda Robotics ASIMO
Kawada Robotics Corp.
Qihan Technology Co., Ltd.
SoftBank Robotics Corp
Ubtech Robotics Corp.
The detailed segments and sub-segment of the market are explained below:
Education & Scientific Research
Military & Defense
Rest of the World
Table Of content:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Million)
1.2.1. Humanoid Robot Market, by Region, 2018-2027 (USD Million)
1.2.2. Humanoid Robot Market, by Product, 2018-2027 (USD Million)
1.2.3. Humanoid Robot Market, by Application, 2018-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Humanoid Robot Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Humanoid Robot Market Dynamics
3.1. Humanoid Robot Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Humanoid Robot Market Industry Analysis
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