Humanoid Robot Market Demand, Recent Trends and Developments Analysis 2025
Category: #technology |   By Admin |   Date: 2021-02-10  |  Product ID: 707349 | 
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Humanoid Robot Market Demand, Recent Trends and Developments Analysis 2025

Humanoid Robot Market report provides key statistics on the market status of the Humanoid Robot Industry and is a valuable source of guidance and direction for companies and individuals interested in the Humanoid Robot Market. Humanoid Robot Market Report covers the companies’ data, including Growth potential analysis, Executive Summary, Data sources, Industry segmentation, Porter's analysis, Business trends, Growth drivers, Price trend analysis, Industry pitfall and challenges, Industry impact forces, Competitive landscape

Emerging trend of digitization across multiple sectors is pushing humanoid robot market growth, followed by the growing adoption to reduce costs associated with various business operations. The shipments are forecast to grow at over 40% CAGR from 2017 to 2024.

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Growing demand from the education and research sector is anticipated to surge the adoption of humanoid robots over the future. The popularity of such robots providing humanly interaction is on the rise among students of various age-groups further contributing to the market growth. However, concerns such as high prices might limit the humanoid robot market growth. In addition, the reluctance of consumers to adopt such robots pose a major challenge to the industry demand.

Global humanoid robot market is set to exceed USD 5 billion by 2024, according to this new research report. Increasing deployment of robots enabled with advanced features across retail and hospitality applications to enhance the customer experience is projected to augment demand. Deployment in the hospitality industry to augment the operational efficiency, perform multiple tasks and boosting the overall productivity is expected to fuel the humanoid robot market growth.

Wheel drive robots are expected to witness significant growth over the forecast timeline. This growth can be accredited to the growing demand of such robots for enhancing customer engagement across various industrial sectors. The incorporation of robots with advanced technology such as AI is an emerging trend in serving experiences as part of the product offerings. Humanoid robots enable retailers to upgrade the ability to provide experiences to their customers in terms of personalized recommendations. In addition, they utilize emotion recognition technology to enhance the customer interaction.

Surging adoption across applications such as security, education and healthcare is anticipated to fuel the humanoid robot market growth. These machines use interactive demonstrations and animations to entertain the customers, guide them through the service & product offerings in a business establishment. It helps in reducing efforts resulting in optimizing the performance of the sales force. Healthcare sector provides lucrative growth opportunities to the market. It can be credited to the rising adoption of such robots for providing care to elderly persons reducing the burden of nursing care.

Asia Pacific humanoid robot market will witness high growth over the forecast timeline. The growth can be attributed to growing demand of these robots in emerging economies such as China and Japan. Moreover, the increasing number of players entering the industry with advanced technologies further contributes to the regional growth. The growing adoption for security and surveillance applications across security check points is expected to fuel the MEA market growth.

Companies in the humanoid robot market comprise Softbank Robotics, Ubtech Robotics, Qihan Technology, DST Robot, Robotis, Engineered Arts, Bluefrog Robotics, Kawada Robotics, Honda, Hanson Robotics, Toshiba, Hajime Research Institute and Trossen Robotics. The industry is characterized by increasing competition followed by the rising number of new entrants. The industry players are heavily investing on R&D and focusing on incorporating advanced technologies and next generation robotics.

Humanoid Robot market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD and volume in unit shipments from 2015 to 2024, for the following segments:

By Product

Wheel drive

Biped

By Application

Retail

Hospitality

Education & Scientific Research

Healthcare

Residential

Military & Defense

Construction

Underwater systems

Others

The above information has been provided for the following regions and countries:

North America

U.S.

Canada

Europe

UK

Germany

France

Italy

Russia

Asia Pacific

China

India

Japan

South Korea

Latin America

Brazil

Mexico

Middle East & Africa (MEA)

South Africa

Saudi Arabia

UAE

Report ContentChapter 1. Methodology & Scope1.1. Methodology1.1.1. Initial data exploration1.1.2. Statistical model and forecast1.1.3. Industry insights and validation1.1.4. Scope, definition and research parameters1.2. Data Sources1.2.1. Primary1.2.2. SecondaryChapter 2. Executive Summary2.1. Humanoid robot industry 360 degree synopsis, 2015 - 20242.1.1. Business trends2.1.2. Regional trends2.1.3. Product trends2.1.4. Application trendsChapter 3. Industry Insights3.1. Industry segmentation3.2. Industry landscape, 2015 - 20243.3. Industry ecosystem analysis3.3.1. Component suppliers3.3.2. Software providers3.3.3. Technology providers3.3.4. Service providers3.3.5. System integrators3.3.6. Vendor matrix3.3.7. Distribution channel analysis3.4. Technology & innovation landscape3.4.1. Evolution of robotics3.4.2. Artificial Intelligence3.4.3. IoT3.4.4. Video analysis3.4.5. Big data3.4.6. Machine learning3.4.7. Machine vision recognition3.4.8. Augmented/virtual reality3.4.9. Biometric technology3.5. Pricing trend analysis3.6. Regulatory landscape3.6.1. China3.6.2. Japan3.6.3. U.S.3.6.4. EU3.7. Industry impact forces3.7.1. Growth drivers3.7.1.1. Increasing demand to enhance the customer experience in China & Japan3.7.1.2. Technological advancements in the China & Japan3.7.1.3. Declining cost of hardware components in China3.7.1.4. Growing demand from retail sector in APAC3.7.1.5. Increasing adoption in education sector across LATAM & Europe3.7.1.6. Rise in demand from healthcare sector in Japan3.7.1.7. Rising investments by government in North America3.7.1.8. Surge in demand for military & defense applications across North America & MEA3.7.1.9. Demand from universities and research institutes in Europe and North America3.7.2. Industry pitfalls & challenges3.7.2.1. High initial cost3.7.2.2. Technical challenges3.7.2.3. Rising R&D expense3.8. Growth potential analysis3.9. Porter's analysis3.10. Company market share analysis, 20163.10.1. Strategy dashboard3.10.2. Investment landscape3.11. PESTEL analysisChapter 4. Humanoid Robot Market, By Product 4.1. Global humanoid robot market share by product, 2016 & 20244.2. Wheel drive4.2.1. Market estimates and forecast, 2015 - 20244.2.2. Market estimates and forecast, by region, 2015 - 20244.3. Biped4.3.1. Market estimates and forecast, 2015 - 20244.3.2. Market estimates and forecast, by region, 2015 - 2024Chapter 5. Humanoid Robot Market, By Application5.1. Global humanoid robot market share by application, 2016 & 20245.2. Retail5.2.1. Market estimates and forecast, 2015 - 20245.2.2. Market estimates and forecast, by region, 2015 - 20245.3. Hospitality5.3.1. Market estimates and forecast, 2015 - 20245.3.2. Market estimates and forecast, by region, 2015 - 20245.4. Healthcare5.4.1. Market estimates and forecast, 2015 - 20245.4.2. Market estimates and forecast, by region, 2015 - 20245.5. Education & scientific research5.5.1. Market estimates and forecast, 2015 - 20245.5.2. Market estimates and forecast, by region, 2015 - 20245.6. Residential5.6.1. Market estimates and forecast, 2015 - 20245.6.2. Market estimates and forecast, by region, 2015 - 20245.7. Military & defense5.7.1. Market estimates and forecast, 2015 - 20245.7.2. Market estimates and forecast, by region, 2015 - 20245.8. Construction5.8.1. Market estimates and forecast, 2015 - 20245.8.2. Market estimates and forecast, by region, 2015 - 20245.9. Underwater systems5.9.1. Market estimates and forecast, 2015 - 20245.9.2. Market estimates and forecast, by region, 2015 - 20245.10. Others5.10.1. Market estimates and forecast, 2015 - 20245.10.2. Market estimates and forecast, by region, 2015 - 2024

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