Humanoid Robot Market Size and industry Analysis | Meticulous Research


Posted November 22, 2022 by roshanikale

Humanoid Robot Market by Motion, Component (Hardware, Software), Application, and Geography - Global Forecast to 2025
 
Nowadays, the demand for humanoid robot is ever increasing with the aging of population and declining birth rates. The humanoid robots have become the best substitute as technologies related to humanoid robots are increasing and developing along with each passing year and also expected to improve in the forthcoming years.


Analysis of Humanoid Robot Market Segments

The global humanoid robot market is mainly segmented into by motion type (biped, wheel drive), component (hardware, software), application (education and entertainment, research & space exploration, personal assistance, and caregiving, search and rescue, public relations), and geography.


Based on motion type, the humanoid robot market is segmented into biped and wheel drive. Biped motion type commanded the largest share of the humanoid robot market in 2018. The share of this segment is mainly attributed to rising demand for biped robots as they are capable of walking on the feet like humans. In addition, the advancement in technology has made humanoid robots more stable with the precise movements which have a high demand from almost every application.


Based on component, the humanoid robot market is segmented into software and hardware. Software commanded the largest share of the humanoid robot market in 2018, owing to increasing adoption of artificial intelligence algorithms in humanoid robots to boost robot’s performance.


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Humanoid Robot Market Key players

The report includes competitive landscape based on an extensive assessment of the key strategic developments adopted by leading market participants in the industry over the past 5 years. The key players operating in the global humanoid robot market are SoftBank Corp. (France), Kawada Robotics Corporation (Japan), Honda Motor Co., Ltd (Japan), PAL Robotics (Spain), Toyota Motor Corporation (Japan), Hajime Research Institute, Ltd. (Japan), Robotis (South Korea), Hanson Robotics LTD. (Hong Kong), Ubtech Robotics, Inc. (China), DST Robot Co., Ltd. (South Korea), Engineered Arts Ltd (U.K.), Robotlab Inc. (U.S.), Qihan Technology Co., Ltd. (China), Trossen Robotics (U.S.), and Willow Garage (U.S.).


Humanoid Robot Market Future Outlook

Nowadays, the humanoid robots have wide range of applications in many healthcare operations. Humanoid robots, equipped with proprietary “RxApplications”, are getting the clinical popularity in the pediatric care. Using research on cognitive-behavioral interventions, the humanoid robots can also function as companions during and after surgical procedures. In recent years, robots have been increasingly used in autism diagnosis and treatment as well. Humanoid robots are also used for assisting the elderly. Moreover, rising geriatric population across the globe are further creating lucrative opportunities for humanoid robot vendors.


Humanoid Robot Market Segmentation

Humanoid Robot Motions 

Biped
Wheel Drive


Humanoid Robot Components

Hardware
Sensors
Gyroscope
Microphone
Accelerometer
Tilt Sensor
Force/Torque Sensor
Position Sensor
Vision/Image Sensor
Others
Actuator
Electrical
Pneumatic
Hydraulic
Piezoelectric
Ultrasonic
Power Source
Control System/Controller
Others
Software

Humanoid Robot Applications

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



Humanoid Robot Segmentation by Geography

North America
S.
Canada
Mexico
Europe
Germany
France
K.
Italy
Spain
Rest of Europe
Asia-Pacific
India
China
Indonesia
Australia and New Zealand
Japan
Rest of Asia-Pacific
Rest of the World
Latin America
Brazil
Argentina
Chile
RoLATAM
Middle East & Africa
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Issued By Roshani
Country United States
Categories Technology
Tags humanoid robot market
Last Updated November 22, 2022