The Humanoid Robot Global Market Report 2023, provides comprehensive information on the humanoid robot market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global humanoid robot market is expected to grow from $1.62 billion in 2022 to $2.44 billion in 2023 at a compound annual growth rate (CAGR) of 50.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The humanoid robot market is expected to reach $12.96 billion in 2027 at a CAGR of 51.8%.
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Technological improvements are a key trend gaining popularity in the humanoid robot market. Major companies in the humanoid robot market are focused on developing technologically advanced robots to sustain their position in the market. For instance, in August 2022, Xiaomi, a China-based technology company, introduced the CyberOne humanoid robot. The new bipedal robot has technologically advanced features, such as an AI-based full-sized humanoid frame that generates peak torque of 300 nm and supports 21 degrees of freedom in motion. It leverages Mi-Sense depth vision technology to visually process the individual gestures, expressions, and reactions of the person in front of it.
The humanoid robot market is segmented:
1) By Component: Hardware, Software, Services
2) By Motion Type: Biped, Wheel Drive
3) By Application: Education And Entertainment, Research And Space Exploration, Personal Assistance And Caregiving, Search And Rescue, Public Relations, Other Applications
North America was the largest region in the humanoid robot market in 2022.
The table of contents in TBRC’s humanoid robot market report includes:
- Executive Summary
- Humanoid Robot Market Characteristics
- Humanoid Robot Market Trends And Strategies
- Humanoid Robot Market – Macro Economic Scenario
- Global Humanoid Robot Market Size and Growth
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- Global Humanoid Robot Market Competitive Benchmarking
- Global Humanoid Robot Market Competitive Dashboard
- Key Mergers And Acquisitions In The Humanoid Robot Market
- Humanoid Robot Market Future Outlook and Potential Analysis
- Appendix
Top 5 Major Key Players Are:
- Toyota Motor Corporation
- Samsung Electronics Co. Ltd
- Honda Motor Co. Ltd
- SoftBank Corp
- Toshiba Corporation
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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