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 Growth
• The Growing Clout of Robotics Technology Lays the Foundation for the Growth of Humanoid Robots
• The Humanoid Robot Hurricane is Approaching Fast
• Exploring the Role of Humanoid Robots in the Modern Era
• Industries Reaping Robotics Technology
• An Introduction to Humanoid Robot
• Hardware Components
• Wheeled and Biped Humanoid Robots
• Key Applications of Humanoid Robots
• The Future of Humanoids Looks Bright
• Personal Assistance & Caregiving Application Leads Global Market
• Developed Regions Lead, Developing Economies to Witness High Growth
• Humanoid Robots: The Downsides
• Competition
• Competitive Market Presence – Strong/Active/Niche for Players Worldwide in 2023 (E)
• A Glance at Select Companies Leading Research in Humanoid Robotics
• Recent Market Activity

MARKET TRENDS & DRIVERS

• Humanoid Robots Coming of Age and on the Cusp of Becoming Mainstream
• Advanced Technologies and Features Enabling Humanoid Robots to Perform More Human Tasks
• Technology Advancements Expand Capabilities of Humanoid Robots
• Game-Changing Humanoid Robots: A Staple in Expanding the Envelope of Robotics
• Affective Computing Paves the Way for the Development of More Interactive, Responsive, Human-Like Robots
• Advances in Affective Computing Make Emotion Recognition for Human-Robot Interaction a Reality
• AI & Machine Learning Disrupt Humanoid Robots
• How Artificial Intelligence is Bringing in a Transformation in Robotics
• How AI Adds to the Interactive Skill of a Robot?
• An Overview of Leading Companies Building AI-Powered Humanoid Robots
• ChatGPT Ushers a New Beginning in the Era in Robotics, Beginning with Easy Interactivity
• Rapid Development of Natural Language Processing (NLP) Bodes Well for the Growth of Humanoid Robots
• Humanoid Robots Hold Significant Potential for the Healthcare Sector
• Aging Global Population and Growing Demand for Home Care Services Raise Importance of Humanoid Robots
• Rise of Social Robots Sets the Stage for Growth in Humanoid Robots
• Shortage of Human Workforce in Industries Turns Focus onto Humanoid Robots
• Humanoid Robots to Redefine the Future of Education
• Humanoid Robots for Personalized & Interactive Experience in Banks
• Adoption AI and Humanoid Robotics in the Hotel Industry
• Hotel Assistance Robots, a Promising Future Ahead
• Rising Importance of Humanoid Robot in Disaster Fighting and Search and Rescue Operations
• How Are Humanoid Robots Changing the Security Guards Market?
• Potential Role for Humanoid Robots in Bioinformatics
• Chinese Firms Catching Up on the Development of Humanoid Robots
• Key Challenges Associated with Building Humanoid Robots

FOCUS ON SELECT PLAYERS (Total 63 Featured)

• Cybedroid
• DST Robot
• Engineered Arts Ltd.
• Hajime Research Institute Ltd.
• Hanson Robotics Limited
• Holotron Technologies
• Honda Motor Co., Ltd.
• Kawada Robotics Corporation
• Mahto Corporation
• Paaila Technology

For more information about this report visit https://www.researchandmarkets.com/r/8fgtkh

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]
 
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
 
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets