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The global humanoid robot market was is projected to reach usd 9,299.57 million by 2025, growing at a cagr of 52.35% from 2017 to 2025 top key players are robotis , kawada robotics , honda motor , ubtech robotics , hanson robotics , toyota motor , dst rob

02-15-2019 09:29 PM CET | Media & Telecommunications

Press release from: Kenneth Research

The global humanoid robot market was is projected to reach usd

The Global Humanoid Robot Market was valued at USD 210.32 million in 2016 and is projected to reach USD 9,299.57 million by 2025, growing at a CAGR of 52.35% from 2017 to 2025. A Humanoid Robot can be defined as something that resembles like a human and having characteristics like opposable thumb, ability to walk in upright position, etc. A Humanoid robot is fully automated as it can adapt to its surroundings and continue with its goals. The characteristics features of humanoid robots include - self-maintenance, autonomous learning, avoiding harmful situations to people, property, and itself and safe interacting with human beings and the environment. Humanoid robots can do things that people can do and even things that people are unable to do and work without making any mistakes.

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Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Rapid growth in aging population
1.2 Increasing demand from medical and logistics sectors
1.3 Growing trends of autonomous rescue operations
1.4 Rising demand from retail industry and personal assistance
1.5 Growing use of humanoids as educational robots
1.6 Advancements in humanoid robots

2. Market Restraints
2.1 Lack of high-level interfacing, causing unpredictable performance
2.2 High initial cost and research and development expenses

Market Segmentation:
The Global Humanoid Robot Market is segmented on the motion type, component, application, and region.

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1. Motion Type:
1.1 Wheel Drive
1.2 Biped

2. By Component:
2.1 Software
2.2 Hardware
2.2.1 Control System
2.2.2 Actuator
2.2.3 Sensor
2.2.4 Power Source
2.2.5 Others

3. By Application:
3.1 Research & Space Exploration
3.2 Education and Entertainment
3.3 Personal Assistance and Care giving
3.4 Public Relations
3.5 Search and Rescue
3.6 Others

4. By Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Robotis
2. Kawada Robotics
3. Honda Motor
4. Ubtech Robotics
5. Hanson Robotics
6. Toyota Motor
7. DST Robot Co.
8. Hajime Research Institute
9. Pal Robotics
10. Softbank
11. Samsung Electronics
12. Behavior Labs
13. Macco Robotics
14. Ez-Robot

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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You can edit or delete your press release The global humanoid robot market was is projected to reach usd 9,299.57 million by 2025, growing at a cagr of 52.35% from 2017 to 2025 top key players are robotis , kawada robotics , honda motor , ubtech robotics , hanson robotics , toyota motor , dst rob here

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