Press release
Humanoid Robot Market Future Business Opportunities 2024-2032 | SAMSUNG, Toyota Motor Corporation, ROBOTIS
Humanoid Robot Market
The Humanoid Robot Market is Valued USD 1.82 billion by 2024 and projected to reach USD 69.5 billion by 2032, growing at a CAGR of 49.90% During the Forecast period of 2024-2032.
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The report presents authenticated data derived from extensive primary and secondary research. By analysing historical growth trends and the current market landscape, it aims to provide actionable insights and forecasts for global and regional market growth. It takes into account revenue generated from report sales and related technologies across various application segments while exploring market data tables. Key market factors, including macroeconomic conditions, the overall market environment, government policies, and the competitive landscape, are carefully examined to ensure a comprehensive analysis.
Top companies covered in this report: SoftBank Robotics, SAMSUNG, Toyota Motor Corporation, ROBOTIS, Kawada Robotics Corp., Hajime Research Institute, Ltd., Hanson Robotics Ltd, Pal Robotics, Toshiba Corporation, Hyulim Robot, Trossen Robotics, Honda Motor Co. Ltd. and Others.
Industry News:
In December 2024, SAMSUNG announced it will increase its stake in Rainbow Robotics to 35% by exercising a call option, making the company its subsidiary. This move aims to accelerate the development of advanced robotics, including humanoid robots. Rainbow Robotics, founded in 2011 by researchers from KAIST's Humanoid Robot Research Center, is known for developing Korea's first two-legged walking robot, "Hubo."
In November 2024, ROBOTIS partnered with MIT to develop "Physical AI," an advanced robot technology focusing on human-level physical intelligence. Supported by KIAT and the Ministry of Trade, Industry and Energy, this collaboration aims to enhance precision robotics for industrial applications through the integration of reflexive AI and high-level sensing systems. The technology will be applied to ROBOTIS' collaborative robot, OpenMANIPULATOR-Y (OM-Y), to expand its operational efficiency across diverse environments.
Humanoid Robot Market Segmentation:
By Component:
Hardware
Software
By Motion type:
Biped
Wheel Drive
By Application:
Research and Space Exploration
Education and Entertainment
Personal Assistance and Caregiving
Hospitality
Search and Rescue
Others
Regional Analysis
North America (USA and Canada)
Europe (UK, Germany, France and rest of Europe)
Asia-Pacific (China, Japan, India, and Rest of Asia Pacific)
Latin America (Brazil, Mexico, and Rest of Latin America)
Middle East and Africa (GCC and Rest of the Middle East and Africa)
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Important Features of the reports:
- Detailed analysis of the Humanoid Robot Market
- Fluctuating market dynamics of the industry
- Detailed market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape of the Humanoid Robot Market
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards Humanoid Robot Market performance.
The report provides insights on the following pointers:
Market Penetration: Comprehensive information on the product portfolios of the top players in the Humanoid Robot Market.
Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and product launches in the market.
Competitive Assessment: In-depth assessment of the market strategies, and geographic and business segments of the leading players in the market.
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies.
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Humanoid Robot Market
How big will the market and growth rate be in 2032?
What are the key drivers for the global Humanoid Robot Market?
What are the major market trends influencing the growth of the global Humanoid Robot Market?
What are the challenges for market growth?
Who are the key vendors in the global Humanoid Robot Market?
What market opportunities and threats are vendors facing in the global Humanoid Robot Market?
What are the main findings of the five forces analysis of the global Humanoid Robot Market?
Conclusion: At the end of the Humanoid Robot Market report, all findings and estimates are presented. It also includes key drivers and opportunities and regional analysis. The Segmental analysis is also provided in terms of type and application.
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