Press release
Humanoid Robot Market: Significant Growth, Market Size, and Key Trends
Humanoid Robot Market Size
What Is The Projected Market Size Of The Global Humanoid Robot Market And Its Growth Rate?
Key statistics on the humanoid robot market include:
- The market size has grown from $3.68 billion in 2024 to $5.6 billion in 2025, a compound annual growth rate (CAGR) of 52.1%.
- The growth in the historic period has been driven by increasing labor costs, rising interest in automation, demand for efficiency, growth in the manufacturing industry, and the globalization of supply chains.
- The humanoid robot market size is projected to increase from $5.6 billion in 2025 to $30.03 billion in 2029, a CAGR of 52.2%.
- The growth in the forecasted period can be attributed to expanding applications in healthcare, rising demand for personal assistance robots, evolving consumer preferences, increased funding in robotics research, and demand for collaborative robots.
What Is Driving The Growth In The Humanoid Robot Market?
The increasing demand for humanoid robots in the medical sector is propelling the market growth. These organizations and professionals are progressively using humanoid robots due to their efficiency, personal care management, and enhanced diagnosis accuracy. For instance, in the first three quarters of 2023, there were 48,000 robotically-assisted procedures according to the Private Healthcare Information Network. Thus, the growing use of humanoid robots in the medical sector continues to drive the market forward.
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Who Are The Key Players Driving Humanoid Robot Market Growth?
Major companies in the humanoid robot market include:
- 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
- Qihan Technology Co. Ltd.
What Are The Key Trends In The Humanoid Robot Market?
Significant trends in the humanoid robot market include:
- Customization and personalization of robots
- Focus on safety features
- Adoption of cloud robotics
- Emergence of socially intelligent robots
- Sustainability initiatives
What Are The Segments Of The Global Humanoid Robot Market?
The humanoid robot market is segmented into:
- Component: Hardware, Software, Services
- Motion Type: Biped, Wheel Drive
- Application: Education And Entertainment, Research And Space Exploration, Personal Assistance And Caregiving, Search And Rescue, Public Relations, Other Applications
Which Region Leads The Humanoid Robot Market?
In 2024, North America had the largest share of the humanoid robot market. Asia-Pacific is projected to be the fastest-growing region in the forecast period. The regions covered in the humanoid robot market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Humanoid Robot Market Global Market Report?
- Market Size Analysis: Analyze the Humanoid Robot Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Humanoid Robot Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Humanoid Robot Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Humanoid Robot Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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