Press release
Humanoid Robot Global Market is Expected to Reach $12.96 Billion at a CAGR of 51.8% By 2027 | Key Players: Honda Motor Co. Ltd., SoftBank Corp., Toshiba Corporation, KUKA Robotics Corp, ZMP Inc.
Humanoid Robot Market
The Business Research Company's Humanoid Robot Global Market Report 2023 identifies the Rising demand for humanoid robots in the medical sector is driving the humanoid robot market. The medical sector refers to a broad range of organizations and professionals involved in providing medical services, treatments, and products to promote and maintain human health.
The global humanoid robot market is expected to grow from $1.62 billion in 2022 to $2.44 billion in 2023 at a compound annual growth rate (CAGR) of 50.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and resulted in increased interest rates affecting many markets across the globe. The humanoid robot market is expected to reach $12.96 billion in 2027 at a CAGR of 51.8%.
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Major players in the humanoid robot market are Toyota Motor Corporation, Samsung Electronics Co. Ltd., Honda Motor Co. Ltd., SoftBank Corp., Toshiba Corporation, KUKA Robotics Corp, Instituto Italiano Di Technologia, Ubtech Robotics Corp. Ltd., HYULIM Robot Co. Ltd., ZMP Inc., Cyberdyne Inc., Agility Robotics Inc, WowWee Group Limited, Apptronik Inc., Pal Robotics S.L., Shadow Robot Company Ltd., F&P Robotics AG, Engineered Arts Limited, Beyond Imagination Inc, Macco Tecnologia Para el Ocio Sociedad Limitada, Trossen Robotics LLC, Hanson Robotics Limited, Furhat Robotics AB, Universal Robots Inc., Robo Garage Co. Ltd., KAWADA Robotics Corporation, Figure AI, 1X Technologies AS, Intuitive Robots, and Qihan Technology Co. Ltd.
Technological improvements are a key trend gaining popularity in the humanoid robot market. Major companies in the humanoid robot market are focused on developing technologically advanced robots to sustain their position in the market.
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The Humanoid Robot Market Is Segmented -
• By Component: Hardware, Software, Services
• By Motion Type: Biped, Wheel Drive
• By Application: Education And Entertainment, Research And Space Exploration, Personal Assistance And Caregiving, Search And Rescue, Public Relations, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Humanoid Robot market.
The Business Research Company's "Global Humanoid Robot Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Humanoid Robot Market Include:
1. Executive Summary
2. Humanoid Robot Market Characteristics
3. Humanoid Robot Market Trends And Strategies
4. Humanoid Robot Market - Macro Economic Scenario
5. Humanoid Robot Market Size And Growth
.....
26. Africa Humanoid Robot Market
27. Humanoid Robot Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Humanoid Robot Market
29. Humanoid Robot Market Future Outlook and Potential Analysis
30. Appendix
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