Global Humanoid Robot Market Valued at USD 1.65 Billion in 2023, Projected to Reach USD 14.07 Billion by 2030 with a CAGR of 35.82%

Anticipated Growth in Revenue:

Global Humanoid Robot Market size was valued at USD 1.65 Bn. in 2023 and is expected to reach USD 14.07 Bn. by 2030, at a CAGR of 35.82 %.

Humanoid Robot Market Overview:

Humanoid robots are professional service robots designed to mimic human motion and interaction, enhancing productivity and reducing costs. Once a futuristic dream, these robots are now becoming commercially viable across various applications. The global humanoid robot market is projected to reach USD 14.07 billion by 2030, growing at a CAGR of 35.82%. The market growth is driven by advancements in robot capabilities and their increasing applicability. Humanoid robots are used for inspection, maintenance, and disaster response in power plants, performing laborious and dangerous tasks. In space travel, they handle routine duties for astronauts. They also offer companionship for the elderly and sick, act as receptionists, and potentially host human transplant organs. As technology progresses, the range of tasks these robots automate from dangerous rescues to compassionate care continues to grow, driving market growth.

𝐔𝐧𝐥𝐨𝐜𝐤 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬: 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐚 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐨𝐟 𝐎𝐮𝐫 𝐋𝐚𝐭𝐞𝐬𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰:https://www.stellarmr.com/report/Humanoid-Robot-Market/2205

What are Humanoid Robot Market Dynamics?

Automation in manufacturing has revolutionized the way products are made, from the earliest days of mechanization to the advanced robotics and machine learning technologies of today. The advantages of automation in manufacturing are numerous and significant, ranging from increased efficiency and productivity to improved safety and quality control. Smart cities, home automation, and human-centric automation are the prime focus for automation solutions providers. Also, the integration of advanced technology including AI, ML, IoT, 5G, and blockchain in automation solutions will be the next focus for investors.

𝐍𝐞𝐞𝐝 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐀𝐛𝐨𝐮𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 + 𝐆𝐫𝐚𝐩𝐡𝐬 𝐇𝐞𝐫𝐞:https://www.stellarmr.com/report/req_sample/Humanoid-Robot-Market/2205

What is Humanoid Robot Market Regional Insight?

Asia Pacific held the largest Humanoid Robot Market share in 2023. China leads in innovation and mass production, driven by its robust industrial sector and government support for robotics. Japan continues to develop humanoid robots for healthcare and elderly care, while South Korea's robotics sector is propelled by consumer and service robots. Key companies like Korea's Robotis, Japan's Softbank, and India's Invento Robotics are advancing humanoid technology. The aerospace sector also shows increasing interest in humanoids. In 2022, China accounted for over half of the world's new industrial robot installations, making it the largest market. Japan, with just over 50,000 new installations, followed closely behind the United States and South Korea. Additionally, Japan was the largest manufacturer of industrial robots, producing 46 percent of the global supply, according to the International Federation of Robotics (IFR).

What is Humanoid Robot Market Segmentation?

Segments

By Component

Hardware
Software
By Motion Type

Biped
Wheel Drive
Others
By Application

Education & Entrainment
Research & space exploration
Personal Assistance & Caregiving
Others

𝐅𝐑𝐄𝐄 𝐆𝐞𝐭 𝐚 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰!https://www.stellarmr.com/report/req_sample/Humanoid-Robot-Market/2205

Some of the current players in the Humanoid Robot Market are:

North America Humanoid Robot Leading Companies

Boston Dynamics (Waltham, Massachusetts, USA)
Agility Robotics (Albany, Oregon, USA)
Rapid Robotics (San Francisco, California, USA)
Apptronik, Inc. (Austin, Texas, USA)
Europe Humanoid Robot Manufacturers

PAL Robotics (Barcelona, Spain)
KUKA Robotics (Augsburg, Germany)
Shadow Robot Company (London, UK)
Engineered Arts (Penryn, Cornwall, UK)

Key Offerings:

Past Market Size and Competitive Landscape
Humanoid Robot Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Humanoid Robot Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations

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About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company's vision is to be an integral part of the client's business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.

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