Exploring Humanoid Robot Market: Size, Growth, Trends, and Forecast
Emergen Research’s latest market research report focuses on the global humanoid robot market, and the report provides in-depth analysis of each of its major segments. Reports about the global humanoid robot market provide a comprehensive overview of the market, including market size, revenue growth rate, industry statistics, revenue shares among regional markets, gross profits, production costs, and product portfolios.
humanoid robot market size was USD 1.02 Billion in 2021 and is expected to register a revenue CAGR of 62.5% during the forecast period, according to the latest analysis by Emergen Research. Technological advancements in humanoid robots and increasing use of humanoid robots in the industrial sector are factors projected to support market revenue growth between 2021 and 2030. An industrial robot is capable of autonomous control, can be reprogrammed, and can work in three or more axes. They can be used for applications such as welding, painting, ironing, assembly, pick-and-place, palletizing, product inspection, and testing, among others.
Automobile and electronics industries are significantly impacted by robots, which are used in various industries such as agriculture, mining, transportation, space and maritime exploration, unmanned surveillance, health, and education. The biggest filers of robotics patents are in automotive and electronics industries. Patents are also held by academic institutions and public research organizations, which encourages strong industry-university partnerships and also promotes corporate specialization. In addition, companies are developing advanced algorithms that will allow robots to work in different fields that can be dangerous for people but require human competence to complete such as in mining where potentially dangerous gas is present, bomb disposal teams, spraying disinfectants, field during cleaning duties, and delivery of necessary items in war areas
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Top Companies Operating in the Humanoid Robot Market and Profiled in the Report are:
SoftBank Robotics, Hanson Robotics Ltd., Hajime Research Institute, Ltd., Ubtech Robotics Corp., PAL Robotics, Keenon Robotics Co., Ltd., Boston Dynamics, Kindred, Inc., Samsung Electronics, Honda Motor Co., Ltd., Yaskawa America, Inc., and PSYGIG
The report projects the market is anticipated to grow at a significant rate owing to raid advancements and technological developments in the sector. The report offers strategic recommendations to the businesses and investors to capitalize on the lucrative growth opportunities.
The report further provides a comprehensive analysis of the competitive landscape and provides complete coverage with regard to company profiles, product portfolio, revenue generation, financial standing, and market position. It also covers mergers and acquisitions, joint ventures, product launches, brand promotions, collaborations, agreements, and partnerships, among others. It also offers insights into the manufacturing processes, revenue estimations, R&D advancements, and industrial penetration.
Emergen Research has segmented the global humanoid robot market based on component, application, end-use, and region:
- Component Outlook (Revenue, USD Billion; 2019–2030)
- Hardware
- Sensors
- Power Source
- Control System/Controller
- Others
- Software
- Services
- Hardware
- Application Outlook (Revenue, USD Billion; 2019–2030)
- Security and Surveillance
- Personal Assistance
- Search and Rescue
- Caregiving
- Physical Therapy
- Space Exploration
- Teaching & Training
- Others
- End-use Outlook (Revenue, USD Billion; 2019–2030)
- Industrial & Commercial Sector
- Aerospace & Defense
- Healthcare
- Research & Education
- Others
The latest report on the global Humanoid Robot market offers strategic insights into the market landscape to stakeholders, investors, and business owners to help them make efficient and lucrative business decisions based on key statistical data and facts. The report aims to offers a thorough outlook of the Humanoid Robot market based on various key elements, such as market drivers, limitations, threats, restraining factors, and growth prospects. The report aims to deliver a comprehensive understanding of the Humanoid Robot market growth and expansion in each key region of the world. It offers accurate estimations about the expected market size and growth over the projected timeline of 2022-2030.
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Humanoid Robot Market Segmentation by Regions:
- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Objectives of the Report:
- Study of the global Humanoid Robot market size by key regions, types, and applications with reference to historical data (2020-2021) and forecast (2022-2030)
- Industrial structure analysis of the Humanoid Robot market by identification of various sub-segments
- Extensive analysis of key market players along with their SWOT analysis
- Competitive landscape benchmarking
- Analysis of Humanoid Robot market based on growth trends, futuristic outlook, and contribution to the total growth of the market
- Analysis of drivers, constraints, opportunities, challenges, and risks in the global Humanoid Robot market
- Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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