Humanoid Robot Market Share, Trend, Segmentation and Forecast to 2029


Humanoid Robot Market was valued at USD 1.02 Billion in 2021, and it is expected to reach USD 10.35 Billion by 2029, exhibiting a CAGR of 33.6 % during the forecast period (2022-2029)

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Humanoid Robot Market Overview:

Market definition:… Robotics is undergoing a major transformation in scope and dimension. A humanoid robot is a robot that has a human-like shape. Currently, the humanoids are one of the smallest groups of service robots. They have the potential to become the industrial tool during the forecast period. The robotic industry is expected to witness an increase in humanoid robots, it will also affect the service industry.

The report provides drivers which can be used as an advantage, restraints to overcome challenges and potential opportunities for the Humanoid Robot market. The study analyses the primary adoption trend impacting the Humanoid Robot industry as well as issues that may stymie its expansion. Understanding these elements is critical for product planning and design, as well as commercial strategies. To assist you understand the Humanoid Robot market, this study provides a full analysis of these trends and obstaclesThe report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the Humanoid Robot market.

Market Scope:

The report provides an in-depth analysis of the current market and forecasts performance over the forecast period. Our summary report profiles the key criteria of the Humanoid Robot market to support you in making optimized business decisions. Market Overview provides detailed information on market size, regional share, benchmarking of the market players. The report helps in providing the complete knowledge of Humanoid Robot market to redefine the business strategies and utilise them to full potential.

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The qualitative and quantitative data provided in the Humanoid Robot market study can help in understanding which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas. It also includes professional and in-depth research on the current situation of the industry by important manufacturers.

Segmentation:

During the forecast period, the software segment is expected to grow at a faster 8.45% CAGR. As a result of technological advancements that have resulted in increasing complexity in terms of features such as AI and autonomous operations, the value of the software component in the robot will grow faster than the value of the hardware, as the software will assist the complex functionalities to process efficiently and accurately.
During the forecast period, the software segment is expected to grow at a faster 8.45% CAGR. As a result of technological advancement, features such as AI and autonomous operations have grown in complexity.

by Component

• Hardware
• Software

by Motion Type

• Biped
• Wheel Drive

by Application

• Education and Entertainment
• Research & Space Exploration
• Personal Assistance and Caregiving
• Search and Rescue
• Public Relations
• Others

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Key Players:

• Instituto Italiano Di Technologia (Italy)
• Pal Robotics (Spain)
• Qihan Technology Co.(China)
• Sanbot Co. (China)
• WowWee Group (Hong Kong)
• Hanson Robotics (Hong Kong)
• Samsung Electronics (South Korea)
• DST Robot Co. Ltd. (South Korea)
• ROBOTIS (Republic of Korea)
• Kawada Robotics Japan)
• Toshiba (Japan)
• Robo Garage Co. (Japan)
• Hajime Research Institute, Ltd.(Japan)
• Honda Motor Co. Ltd. (Japan)
• Toyota Motor Corporation (Japan)
• SoftBank Corporation (Japan)

The Report provides insights on what growth strategies are being adopted by  key players such as forming strategic alliances, new product innovation etc. The report provides knowledge about if you are competing not only with companies or with alternate solution. The report helps in understanding pricing of the competitors in the Humanoid Robot market to analyse and create pricing strategy accordingly.

Regional Analysis:

The report shows detailed impact of COVID-19 on Humanoid Robot market in regions such as North America, Asia Pacific, Middle-East, Europe, and South America. The report provides Comprehensive analysis on alternatives, difficult conditions, and difficult scenarios of Humanoid Robot market during this crisis. In addition, report offers a set of concepts, which is expected to aid the decision and to plan a strategy for business. The research offers market size, growth rate, and country-level data, as well as demand and supply aspects that influence worldwide Humanoid Robot market growth in different nations.

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Key Questions answered in the Humanoid Robot Market Report are:

  • Which product segment grabbed the largest share in the Humanoid Robot market?
  • How is the competitive scenario of the Humanoid Robot market?
  • Which are the key factors aiding the Humanoid Robot market growth?
  • Which region holds the maximum share in the Humanoid Robot market?
  • What will be the CAGR of the Humanoid Robot market during the forecast period?
  • Which application segment emerged as the leading segment in the Humanoid Robot market?
  • Which are the prominent players in the Humanoid Robot market?
  • What key trends are likely to emerge in the Humanoid Robot market in the coming years?
  • What will be the Humanoid Robot market size by 2029?
  • Which company held the largest share in the Humanoid Robot market?

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Published in

Electronics , News

Published on

Mar 06, 2023

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