Press release
Humanoid Robot for Hardware Market Size 2024 to 2031.
Market Overview and Report CoverageKEYWORD is a leading manufacturer of humanoid robots that are equipped with advanced hardware capabilities. These robots are designed to replicate human movements and interact with the environment in a natural and intuitive way. The company has been at the forefront of innovation in the robotics industry, continuously pushing the boundaries of what is possible with humanoid robots.
As the demand for advanced robotics continues to rise across various industries such as healthcare, entertainment, and education, KEYWORD is well-positioned to capitalize on this growing market opportunity. The company's humanoid robots offer a wide range of applications, from assisting elderly patients in healthcare settings to providing interactive entertainment experiences at theme parks.
With a projected CAGR of 6.30% during the forecasted period, the future outlook for KEYWORD's humanoid robots for hardware market is bright. As technological advancements continue to drive the development of more sophisticated robots, KEYWORD is expected to remain a key player in the industry. The company's commitment to innovation and quality is likely to fuel its growth and success in the coming years.
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Market Segmentation
The Humanoid Robot for Hardware Market Analysis by types is segmented into:
• Sensors
• Actuator
• Power Source
• Control System/Controller
• Others
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Humanoid robots for hardware consist of various components such as sensors, actuators, power sources, control systems/controllers, and others. Sensors are responsible for detecting and measuring changes in their environment. Actuators enable the robot to move and interact with its surroundings. Power sources provide the necessary energy for the robot to function. Control systems/controllers manage and coordinate the robot's movements and actions. Other components may include communication systems or additional features for specific tasks or functions. These components work together to create a functioning humanoid robot.
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The Humanoid Robot for Hardware Market Industry Research by Application is segmented into:
• Biped Humanoid Robot
• Wheel Drive Humanoid Robot
Humanoid robots for hardware market applications refer to robots designed with human-like characteristics, such as bipedal movement or wheel drive capabilities. Biped humanoid robots are equipped with two legs for walking, while wheel drive humanoid robots use wheels for mobility. These robots are used in various industries such as manufacturing, healthcare, and entertainment for tasks that require human-like dexterity and mobility. The market for these humanoid robots continues to grow as technology advances and demand for automation increases.
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In terms of Region, the Humanoid Robot for Hardware Market Players available by Region are:
North America:
• United States
• Canada
Europe:
• Germany
• France
• U.K.
• Italy
• Russia
Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia
Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia
Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea
What are the Emerging Trends in the Global Humanoid Robot for Hardware market?
The global humanoid robot for hardware market is witnessing several emerging trends. These include increased focus on developing more advanced sensors and actuators for improved functionality, integration of artificial intelligence and machine learning capabilities for enhanced autonomy and intelligence, and growing adoption of collaborative robots for human-robot interaction. Additionally, there is a rising demand for lightweight and compact designs to enable easier deployment in various environments. Furthermore, advancements in materials, such as the use of composites and advanced alloys, are contributing to the development of more durable and efficient humanoid robots. These trends are shaping the future of the global humanoid robot for hardware market.
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Major Market Players
SoftBank Robotics is a leading player in the humanoid robot market, with its popular Pepper and NAO robots. The company was founded in 2012 as a subsidiary of SoftBank Group Corp. and has since become a key player in the robotics industry. SoftBank Robotics has a significant market presence in both the consumer and business sectors, with applications in retail, hospitality, healthcare, and education.
ROBOTIS is another major player in the humanoid robot market, known for its versatile and customizable robotic kits. The company was established in 2007 and has since developed a strong global presence, with a focus on education and research institutions. ROBOTIS has a wide range of humanoid robots, including the Bioloid and DARwIn series, which are popular choices for STEM education programs.
Honda Motor has been a prominent player in the humanoid robot market, with its famous ASIMO robot. The company has a long history of robotics research and development, dating back to the 1980s. Honda's humanoid robots have been used for research, entertainment, and even disaster response. Although Honda has recently shifted its focus from humanoid robots to other types of robotics, its impact on the market remains significant.
KAWADA ROBOTICS is a Japanese robotics company known for its advanced humanoid robot, HRP series. The company was founded in 1999 and has been a key player in the humanoid robot market ever since. KAWADA ROBOTICS focuses on creating high-performance, human-like robots for industrial and research applications. The company has a strong presence in the global robotics market, with a focus on precision engineering and advanced technology.
In terms of sales revenue, SoftBank Robotics reported $434 million in revenue in 2020, while ROBOTIS reported $78 million in revenue for the same year. Honda Motor's revenue from humanoid robots is not disclosed separately, as it is part of the company's overall robotics division. KAWADA ROBOTICS reported $112 million in revenue in 2020. Overall, the humanoid robot market is expected to continue growing, driven by advancements in technology, increasing demand for automation, and growing interest in robotics for various applications.
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