Asia Pacific Humanoid Robot Market Size is Expected to witness high growth over By 2024

Asia Pacific humanoid robot market will witness high growth over the forecast timeline. The growth can be attributed to growing demand of these robots in emerging economies such as China and Japan. Moreover, the increasing number of players entering the industry with advanced technologies further contributes to the regional growth. The growing adoption for security and surveillance applications across security check points is expected to fuel the MEA market growth.

One of the most prominent players of humanoid robot market, Boston Dynamics, has come up with a humanoid biped robot Atlas that can walk and run like a human and can also rescue humans from disaster zones without requiring any additional rescue tools. NASA has also developed a biped robot, Valkyrie, with a softer exterior. Valkyrie had been developed with an intention to be deployed for future NASA missions as a pre-cursor bot, undertaking essential tasks related to the mission before humans arrive. Unlike wheeled robots, these bipeds can handle stairs as well.

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Humanoid robots not only resemble the human body in structure and appearance, but they are also designed to carry out human tasks with futuristic precision combined with human intelligence, which has indeed been the driving force for humanoid robot market growth.

It is imperative to mention that robotic process automation has been around for decades, but these robots mainly dominated the factory floor and did not remotely resemble the intricacies of human maneuver, that has now been fulfilled with the introduction of humanoid robots. Renowned tech firms, it is observed, have also been working in the direction of efficient bot manufacturing for numerous tasks, which would eventually drive humanoid robot industry trends.

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The rising demand for automation has set the pace for the growth of humanoid robot market in recent times. Pertaining to the extensive requirement of computerized machines for a variety of end-use sectors, humanoid robots are being developed on a large scale to perform tasks that may perhaps be nearly impossible for humans to perform even under ordinary circumstances. Manufacturing companies have been deploying robotic arms for decades, however, in recent times, tech advancements have enabled preprogrammed robots to depict more than mere hand movements, giving rise to the widespread evolution of humanoid robot market.

It is prudent to mention that wheel drive humanoid robot market has been on quite a roll in recent times. These bots are primarily used by online food delivery companies. A fleet of 10 wheeled robots manufactured by Starship Technologies, equipped with radar, cameras, sensors and GPS, have been deployed for food delivery around London. The fleet has already made 1000 deliveries around the capital city. The bots are so designed that if anyone would attempt a robbery from the machines, an alert is sent to the control center with a photograph of the thief.

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Healthcare has emerged as a key arena for the expansion of humanoid robot market, as the field seen a surge of use in these machines in the form of surgical robots. Ultra-precise robot surgeons are being used for complicated surgeries like knee replacements or simple surgeries like removal of uterine fibroids with minimal blood loss and quick recovery time. Da Vinci for instance, is one of the many humanoid robot industry firms developing surgical robots that have already conducted more than two million procedures worldwide

Surgical robots however, are not here to replace human surgeons, as critical operations require the presence of a skilled medical expert. However, they would function as assistive robots, and considering the expansion in the field of healthcare, it is certain that humanoid robot market share from healthcare would soar great heights in the years ahead.

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