DUBLIN, Feb. 26, 2024 /PRNewswire/ — The “Humanoid Robots – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global Humanoid Robots Market to Reach $6.3 Billion by 2030
The global market for Humanoid Robots estimated at US$1.3 Billion in the year 2022, is projected to reach a revised size of US$6.3 Billion by 2030, growing at a CAGR of 22.3% over the analysis period 2022-2030. Wheel Drive, one of the segments analyzed in the report, is projected to record 19.5% CAGR and reach US$3.4 Billion by the end of the analysis period. Growth in the Biped segment is estimated at 26.3% CAGR for the next 8-year period.
Humanoid robots represent a fascinating intersection of robotics and human-like characteristics. These robots are equipped with various hardware components, facilitating their wheeled or bipedal movement. Key applications of humanoid robots span across industries, from personal assistance and caregiving to entertainment and education, showcasing their versatility.
The future of humanoid robots appears promising, with an increasing focus on personal assistance and caregiving applications leading the global market. Developed regions currently lead the adoption curve, but developing economies are expected to witness high growth rates as technology becomes more accessible.
However, alongside their potential, humanoid robots also present certain downsides, including concerns about ethics, privacy, and the displacement of human jobs. In this competitive landscape, market presence varies from strong and active to niche players worldwide, with select companies leading research and development efforts in humanoid robotics.
The U.S. Market is Estimated at $430.8 Million, While China is Forecast to Grow at 26.7% CAGR
The Humanoid Robots market in the U.S. is estimated at US$430.8 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$578 Million by the year 2030 trailing a CAGR of 26.7% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 17.5% and 21.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 20.9% CAGR.
MARKET OVERVIEW
The Age of Robotics is Here!Exciting New Technologies Shaping GrowthThe Growing Clout of Robotics Technology Lays the Foundation for the Growth of Humanoid RobotsThe Humanoid Robot Hurricane is Approaching FastExploring the Role of Humanoid Robots in the Modern EraIndustries Reaping Robotics TechnologyAn Introduction to Humanoid RobotHardware ComponentsWheeled and Biped Humanoid RobotsKey Applications of Humanoid RobotsThe Future of Humanoids Looks BrightPersonal Assistance & Caregiving Application Leads Global MarketDeveloped Regions Lead, Developing Economies to Witness High GrowthHumanoid Robots: The DownsidesCompetitionCompetitive Market Presence – Strong/Active/Niche for Players Worldwide in 2023 (E)A Glance at Select Companies Leading Research in Humanoid RoboticsRecent Market Activity
MARKET TRENDS & DRIVERS
Humanoid Robots Coming of Age and on the Cusp of Becoming MainstreamAdvanced Technologies and Features Enabling Humanoid Robots to Perform More Human TasksTechnology Advancements Expand Capabilities of Humanoid RobotsGame-Changing Humanoid Robots: A Staple in Expanding the Envelope of RoboticsAffective Computing Paves the Way for the Development of More Interactive, Responsive, Human-Like RobotsAdvances in Affective Computing Make Emotion Recognition for Human-Robot Interaction a RealityAI & Machine Learning Disrupt Humanoid RobotsHow Artificial Intelligence is Bringing in a Transformation in RoboticsHow AI Adds to the Interactive Skill of a Robot?An Overview of Leading Companies Building AI-Powered Humanoid RobotsChatGPT Ushers a New Beginning in the Era in Robotics, Beginning with Easy InteractivityRapid Development of Natural Language Processing (NLP) Bodes Well for the Growth of Humanoid RobotsHumanoid Robots Hold Significant Potential for the Healthcare SectorAging Global Population and Growing Demand for Home Care Services Raise Importance of Humanoid RobotsRise of Social Robots Sets the Stage for Growth in Humanoid RobotsShortage of Human Workforce in Industries Turns Focus onto Humanoid RobotsHumanoid Robots to Redefine the Future of EducationHumanoid Robots for Personalized & Interactive Experience in BanksAdoption AI and Humanoid Robotics in the Hotel IndustryHotel Assistance Robots, a Promising Future AheadRising Importance of Humanoid Robot in Disaster Fighting and Search and Rescue OperationsHow Are Humanoid Robots Changing the Security Guards Market?Potential Role for Humanoid Robots in BioinformaticsChinese Firms Catching Up on the Development of Humanoid RobotsKey Challenges Associated with Building Humanoid Robots
FOCUS ON SELECT PLAYERS (Total 63 Featured)
CybedroidDST RobotEngineered Arts Ltd.Hajime Research Institute Ltd.Hanson Robotics LimitedHolotron TechnologiesHonda Motor Co., Ltd.Kawada Robotics CorporationMahto CorporationPaaila Technology
For more information about this report visit https://www.researchandmarkets.com/r/8fgtkh
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