openPR Logo
Press release

Humanoid Robot Market Key Players are: Ubtech Robotics, DST Robot, Engineered Arts, Toshiba, Softbank Robotics, Hanson Robotics, Qihan Technology, Kawada

08-28-2018 09:40 AM CET | IT, New Media & Software

Press release from: Global Market Insights, Inc.

Global Market Insights, Inc.

Global Market Insights, Inc.

Market Overview: -

Humanoid Robot Market is expected to grow at over 40% CAGR to reach USD 5 billion by 2024. Surge in demand for robots in the retail sector to provide assistance and improve the overall customer experience is anticipated to drive the humanoid robot market growth over the forecast timeline. Due to the incompetence of traditional promotional & advertisement events managed by brick and mortar outlets, the industry is currently witnessing increasing installation of such devices. The deployment across the industries helps in enhancing the overall customer experience by providing them with customized experience and has huge potential to promote any product or service in an effective manner.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2200

Incorporation of AI into these systems enable them to identify customers and offer recommendations to customers based on their purchase history. Humanoid robot market combined with smart AI tools offering integrated and seamless customer experiences, enable the industries to enhance their ability of providing experience to customers rather than just selling a product. The increasing penetration of humanoid robots in various sectors enable interactive experience resulting in deepening the engagement with in-store customers, further contributing towards the humanoid robot market growth.

Top Key Players: -

Companies operating in the humanoid robot industry include Ubtech Robotics, DST Robot, Engineered Arts, Toshiba, Softbank Robotics, Hanson Robotics, Qihan Technology, Kawada, Hajime Research Institute, Honda and Bluefrog Robotics.

Regional Segmentations: -

Humanoid robot market in Asia Pacific is predicted to grow in a significant manner. It can be accredited to the existence of large number of players followed by the increasing investments in R&D. In addition, increasing number of new players in the industry offering advanced features that is substantially contributing to the regional demand.

MEA humanoid robot market is estimated to grow at around 30% CAGR in terms of revenue over the forecast timeline. It can be credited to the growing deployment of the robots for patrolling busy areas, as a part of government initiative aimed at replacing human security staffs with robots. Moreover, the regional government’s plan to reduce the number of police force by incorporating robots for chasing down suspects and collecting evidence further contributes to the humanoid robot market demand.

Competitive Market: -

Partial Chapter of the Table of Content

Chapter 5. Humanoid Robot Market, By Application
5.1. Global humanoid robot market share by application, 2016 & 2024
5.2. Retail
5.2.1. Market estimates and forecast, 2015 - 2024
5.2.2. Market estimates and forecast, by region, 2015 – 2024
5.3. Hospitality
5.3.1. Market estimates and forecast, 2015 - 2024
5.3.2. Market estimates and forecast, by region, 2015 – 2024
5.4. Healthcare
5.4.1. Market estimates and forecast, 2015 - 2024
5.4.2. Market estimates and forecast, by region, 2015 - 2024
5.5. Education & scientific research
5.5.1. Market estimates and forecast, 2015 - 2024
5.5.2. Market estimates and forecast, by region, 2015 – 2024
5.6. Residential
5.6.1. Market estimates and forecast, 2015 - 2024
5.6.2. Market estimates and forecast, by region, 2015 – 2024
5.7. Military & defense
5.7.1. Market estimates and forecast, 2015 - 2024
5.7.2. Market estimates and forecast, by region, 2015 – 2024
5.8. Construction
5.8.1. Market estimates and forecast, 2015 - 2024
5.8.2. Market estimates and forecast, by region, 2015 - 2024
5.9. Underwater systems
5.9.1. Market estimates and forecast, 2015 - 2024
5.9.2. Market estimates and forecast, by region, 2015 - 2024
5.10. Others
5.10.1. Market estimates and forecast, 2015 - 2024
5.10.2. Market estimates and forecast, by region, 2015 – 2024

Browse Full Report @ https://bit.ly/2jcdfOF

Demand for wheel drive robots is on the rise and anticipated to witness significant growth over the forecast timespan. It can be attributed to the increasing utilization of such devices to enhance the customer engagement across various sectors such as education, hospitality, retail and healthcare.

Moreover, the devices have the potential to transform various business operations & customer engagement and could be considered as an evolutionary tool for human augmentation instead of viewing as an automated addition. Incorporation of advanced technologies such as AI, facial recognition and emotion recognition is an emerging trend in the industry to improvise the customer interaction providing impetus to the humanoid robot market.

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Humanoid Robot Market Key Players are: Ubtech Robotics, DST Robot, Engineered Arts, Toshiba, Softbank Robotics, Hanson Robotics, Qihan Technology, Kawada here

News-ID: 1205312 • Views: 725

More Releases from Global Market Insights, Inc.

Global sodium metasilicate pentahydrate market size by 2025 | Top Companies are …
Global Market Insights, Inc., says that sodium metasilicate pentahydrate market may exceed USD 875 million by 2025. Sodium metasilicate pentahydrate market is expected to accrue momentous proceeds from the cement industry. The product is used as a connecting agent in the making of refractory cement & can enable properties such as chemical and heat resistance and hardness. It has also found application in the cosmetic, textile, ceramics, chemical production, and
Vinyl ester market Growth in Europe, Impact Covid19 and Top key players like Swa …
Vinyl ester market to be fueled by increasing deployment of wind energy facilities, Europe to emerge as a pivotal revenue pocket. In 2017, Europe marked a growth of 25% in the wind power plant capacity annual installation as compared to 2016. Whereas wind energy was the second-largest source of power generation power in the year 2016 in Europe. Nations worldwide are actively aligning their focus toward the deployment of wind
Biaxially Oriented Polypropylene (BOPP) Market Size, Share by key players like B …
Biaxially oriented polypropylene (BOPP) market size to reach USD 20 billion by 2024. Growing focus on superior packaging for the protection of delicate good, foods, medicines, and others will favor BOPP business growth in the coming years. Rapid proliferation of e-commerce platforms along with changing consumer spending trends will drive biaxially oriented polypropylene (BOPP) market outlook. In a world of constantly-changing lifestyles, consumers expect products to be shatter-proof, lightweight, aesthetically appealing,
Titanium Dioxide Market to see 7%+ CAGR over 2021-2026 | Key Players are Tronox …
Titanium Dioxide Market growth will be driven by rising expansion activities in the paints & coatings sector and proliferating application in paper & pulp industry. For years, titanium dioxide (TiO₂) has been used in the manufacturing of numerous consumer products across various industries. The product finds applications in paints, adhesives, coatings, paper, rubber, printing inks, textiles, coated fabrics, ceramics, roofing materials, floor coverings, and cosmetics. Surging in product demand across

All 5 Releases


More Releases for Robot

Global Humanoid Robot Market
Global Humanoid Robot Market was valued US$ 624.2 Mn in 2017 and is estimated to reach US$ 5, 455 Mn by 2026 at a CAGR of about 52.32% during a forecast period. Global humanoid robot market is segmented into the component, motion type, application, and region. On the basis of the component, a market is divided into hardware and software. based on motion type, the market is segmented into biped, wheel
Global Robot Vacuums Market Research
Global Robot Vacuums Market Research in addition, rising interest for automated vacuum cleaners can be ascribed to expanding center around accommodation and the travel industry areas, particularly in creating nations, combined with expanding tendency towards tidiness and cleanliness in the private segment inferable from less time accessibility for family unit errands because of busier ways of life Get sample copy of report: https://www.marketdensity.com/contact?ref=Sample&reportid=6220 Table of Contents 1 Robot Vacuums Market Overview 1.1 Product Overview
India’s first banking robot
Taking a cue from a Japanese bank – Bank of Tokyo-Mitsubishi UFJ – Indian banks plan to use robots with artificial intelligence. Kumbakonam-based City Union Bank launched India’s first robot on-site assistant, known as Lakshmi. The robot imitates human action, thereby reducing the response time to customers by up to 60% and improving accuracy tremendously. The bank became the first to deploy robots that can perform repetitive, high volume and time-consuming
Humanoid Robot Market 2017 Research & Development
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD) , market share and growth rate of Humanoid Robot in these regions, from 2012 to 2022 (forecast) , covering United States EU China Japan South Korea Taiwan For more information about this report at http://www.reportsweb.com/2012-2022-report-on-global-humanoid-robot-market-competition-status-and-forecast-market-size-by-players-regions-type-application Global Humanoid Robot market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including Kawada (Japan) (HRP-4) Honda (Japan)
Europe Cleaning Robot Market Report 2016
This report studies sales (consumption) of Cleaning Robot in Europe market, especially in Germany, UK, France, Russia, Italy, Benelux and Spain, focuses on top players in these countries, with sales, price, revenue and market share for each player in these Countries, covering Dyson Ltd. Ecovacs Robotics, Inc. Infinuvo iRobot Corporation Koninklijke Philips N.V. LG Electronics, Inc. Neato Robotics, Inc. Samsung Electronics Co., Ltd. Market Segment by Countries, this report splits Europe into several key Countries, with sales (consumption), revenue,
HALCON flies with NASA-Robot into Space
At the end of November 2010, the first humanoid robot astronaut flied into space, the Robonaut 2 (R2) which was jointly developed by the NASA and General Motors. R2 takes its visual decisions with the imaging software HALCON by MVTec (Munich, Germany). The Discovery will be launched as mission STS-133 to its very last space flight. Destination of this shuttle mission is the international space station ISS. On board of the