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Growing Demand For Humanoid Robots In The Medical Sector Drives Growth In The Humanoid Robot Market Driver: A Major Catalyst in the Evolution of the Humanoid Robot Market in 2025
Humanoid Robot Market Share
The humanoid robot market is being propelled by a growing demand for humanoid robots in the healthcare sector. The term "healthcare sector" encompasses a variety of institutions and professionals delivering healthcare services, treatments, and products aimed at promoting and preserving human health. The use of humanoid robots is on the rise in the medical field due to the numerous advantages they provide, such as improved efficiency, management of personal care, and more accurate diagnoses. For example, data from the UK's Private Healthcare Information Network from March 2024 revealed that there were 48,000 robot-assisted procedures carried out in the first three quarters of 2023. Likewise, in 2022, robotic assistance was used in 49,000 procedures in healthcare. Consequently, the surge in demand for humanoid robots in the healthcare sector is fueling the growth of the humanoid robot market.
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What Is the projected market size and growth rate for the humanoid robot market?
The market size of humanoid robots has seen a rapid expansion in the last few years. It is projected to increase from $3.68 billion in 2024 to $5.6 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 52.1%. The surge witnessed in the historical period is owed to factors such as heightened labor expenses, growing fascination towards automation, the need for increased efficiency, expansion in the manufacturing sector, and the internationalization of supply chains.
The market size for humanoid robots is projected to witness a significant surge in the coming years, reaching a value of $30.03 billion by 2029, growing at a compound annual growth rate (CAGR) of 52.2%. This projected growth over the forecast period can be attributed to a variety of factors including the widening use of these robots in the healthcare sector, the increasing demand for personal assistance robots, shifts in consumer tastes, increased investment in research in the robotics field, and the rising demand for collaborative robots. Key trends expected during the forecast period are customization and personalization, emphasis on safety features, the adoption of cloud robotics, the rise of socially intelligent robots, and initiatives aimed at sustainability.
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What new trends are reshaping the humanoid robot market and its opportunities?
Advancements in technology are becoming a significant trend in the humanoid robot market. Top players in this market are concentrating their efforts on creating technologically sophisticated robots to uphold their market standing. For example, in August 2022, Xiaomi, a tech firm based in China, launched the CyberOne humanoid robot. This new bipedal machine boasts cutting-edge features like an AI-powered full-sized humanoid structure capable of generating a peak torque of 300 nm and providing 21 degrees of freedom in movement. It also employs the Mi-Sense depth vision technology for visual processing of individual gestures, expressions, and reactions of the person interacting with it.
What major market segments define the scope and growth of the humanoid robot market?
The humanoid robot market covered in this report is segmented -
1) By Component: Hardware, Software, Services
2) By Motion Type: Biped, Wheel Drive
3) By Application: Education And Entertainment, Research And Space Exploration, Personal Assistance And Caregiving, Search And Rescue, Public Relations, Other Applications
Subsegments
1) By Hardware: Actuators, Sensors, Power Supply Units, Chassis And Structural Components
2) By Software: Control Software, Programming And Development Tools, Artificial Intelligence And Machine Learning Algorithms, Simulation Software
3) By Services: Maintenance And Support Services, Consulting Services, Integration Services, Training And Education Services
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Which region dominates the humanoid robot market?
North America was the largest region in the humanoid robot market in 2024. Asia-Pacific is expected 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, Africa
Which key market leaders are driving the humanoid robot industry growth?
Major companies operating 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.
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What Is Covered In The Humanoid Robot Global Market Report?
• Market Size Forecast: Examine the humanoid robot market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the humanoid robot market for a structured understanding.
• Key Players Overview: Analyze major players in the humanoid robot market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the humanoid robot market.
• Segment Contributions: Evaluate how different segments drive overall growth in the humanoid robot market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the humanoid robot market.
• Industry Challenges: Identify potential risks and obstacles affecting the humanoid robot market.
• Competitive Landscape: Review strategic developments in the humanoid robot market, including expansions, agreements, and new product launches.
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