Global Humanoid Robot Market Scenario 2022-2030
The Global Humanoid Robot Market report presents comprehensive information covering insightful data for businesses and investors for the time period of 2022-2030. The report studies the historical data of the Humanoid Robot market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report offers an accurate forecast estimation of the Humanoid Robot industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Humanoid Robot market.
The global humanoid robot market size was USD 1.02 Billion in 2021 and is expected to register a revenue CAGR of 62.5% during the forecast period, according to the latest analysis by Emergen Research. Technological advancements in humanoid robots and increasing use of humanoid robots in the industrial sector are factors projected to support market revenue growth between 2021 and 2030. An industrial robot is capable of autonomous control, can be reprogrammed, and can work in three or more axes. They can be used for applications such as welding, painting, ironing, assembly, pick-and-place, palletizing, product inspection, and testing, among others.
Key market aspects studied in the report:
Market Scope: The report explains the scope of various commercial possibilities in the global Humanoid Robot market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.
Competitive Outlook: The leading companies operating in the Humanoid Robot market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Humanoid Robot market.
The global Humanoid Robot industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
SoftBank Robotics, Hanson Robotics Ltd., Hajime Research Institute, Ltd., Ubtech Robotics Corp., PAL Robotics, Keenon Robotics Co., Ltd., Boston Dynamics, Kindred, Inc., Samsung Electronics, Honda Motor Co., Ltd., Yaskawa America, Inc., PSYGIG
The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
Market Segmentations of the Humanoid Robot Market
This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume and value for the period between 2020 and 2028. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global Humanoid Robot market on the basis of product, application, and region:
Segments Covered in this report are:
- Component Outlook (Revenue, USD Billion; 2019–2030)
- Power Source
- Control System/Controller
- Application Outlook (Revenue, USD Billion; 2019–2030)
- Security and Surveillance
- Personal Assistance
- Search and Rescue
- Physical Therapy
- Space Exploration
- Teaching & Training
- End-use Outlook (Revenue, USD Billion; 2019–2030)
- Industrial & Commercial Sector
- Aerospace & Defense
- Research & Education
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Regional Outlook of the Humanoid Robot Market
The global Humanoid Robot market has been categorized into several important geographical regions, including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. In this section, authors of the report have studied the presence of the global Humanoid Robot market across major geographies. Moreover, the estimated market share, market size, revenue contribution, sales network and distribution channel, and other crucial elements of each regional segment have been detailed in the report.
Key Points of the Geographical Analysis:
- Data and information related to the consumption rate in each region
- Estimated increase in the consumption rate
- Proposed growth of the market share of each region
- Geographical contribution to market revenue
- Expected growth rate of the regional markets
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Key reasons to buy the Global Humanoid Robot Market report:
- The latest report comprehensively studies the global Humanoid Robot market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
- The report offers an insightful analysis of the regional outlook of the market.
- It offers a detailed account of the end-use applications of the products & services offered by this industry.
- The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.
Table of Contents
- Executive Summary
- Research Methodology
- Market Overview
- Regional Landscape
- Global Market Analysis and Forecast by Types
- Global Market Analysis and Forecast by Applications
- Global Market Analysis and Forecast by Regions
- North America Market Analysis and Forecast
- Europe Market Analysis and Forecast
- Asia Pacific Market Analysis and Forecast
- Latin America Market Analysis and Forecast
- Middle East & Africa Market Analysis and Forecast
- Competitive Landscape
In conclusion, the Humanoid Robot Market report is an exhaustive database that will help readers formulate lucrative strategies. The Humanoid Robot Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
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Latest Published Reports by Emergen Research:
In a recent survey conducted by a renowned research organization, it was found that the global humanoid robot market has been undergoing significant changes with the increasing use of robotics in various industries.
As per the report, the development of humanoid robots has been accelerated due to rapid technological advancements, increasing research and development activities, investments in industrial robots and the incorporation of artificial intelligence and machine learning into modern robotics. These factors are expected to drive the growth of the humanoid robot market in the future. According to the survey findings, the humanoid robot market is projected to grow at a CAGR of approximately 10.3% from 2021 to 2030.
Various industries, such as aerospace engineering, automotive manufacturing and medical applications, have realized the potential of humanoid robots to enhance the efficiency of operations. Increasing focus on industrial automation, along with the ever-evolving capabilities of humanoid robots has been driving the growth of the humanoid robot market over the past few years.
Major players in the humanoid robot market are currently focusing on developing products that are suitable for a wide range of applications. For instance, Honda has introduced the Asimo robot series, which is equipped with advanced technologies, such as facial recognition, voice recognition, and object detection. Similarly, Boston Dynamics has come up with various robots, such as Spot and Atlas, which are continuously being improved by the company to meet the changing needs of customers.
Furthermore, government investments and initiatives have also been driving the growth of the humanoid robot market. For instance, countries like Japan and South Korea are taking various measures to promote the adoption of robots in various sectors, such as healthcare and consumer electronics. Such initiatives are expected to further drive the growth of the humanoid robot market in these regions.
However, safety and security issues associated with the use of humanoid robots have been hindering the growth of the humanoid robot market. Additionally, high capital investments, along with the lack of skilled labor, has impacted the growth of the market to a certain extent. Nevertheless, with the advancements in technology, such issues are expected to be solved in the near future, thus paving the way for the large-scale adoption of humanoid robots across different industries.
In conclusion, the increasing use of humanoid robots in various sectors, along with investments in robotics-related research and development activities are expected to boost the growth of the humanoid robot market during the forecast period. The market is projected to reach USD 26.9 billion by 2030, registering a CAGR of 10.3% from 2021 to 2030.