Humanoid Robot Market size worth $ 26401.4 Million, Globally, by 2028 at 52.53% CAGR: Verified Market Research®

The introduction of advanced features in humanoid robots, surge in the adoption of humanoid robots for security and surveillance applications such as detection terror activities, are key element that has boosted the growth of the market

JERSEY CITY, N.J., Nov. 1, 2021 /PRNewswire/ -- Verified Market Research recently published a report, "Humanoid Robot Market" By Motion Type (Wheel Drive and Biped), By Component (Software and Hardware), By Application (Research & Space Exploration, Public Relations, Search and Rescue) and By Geography. According to Verified Market Research, the Global Humanoid Robot Market size was valued at USD 903.5 Million in 2020 and is projected to reach USD 26401.4 Million by 2028, growing at a CAGR of 52.53 % from 2021 to 2028.

Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=24713

Browse in-depth TOC on "Humanoid Robot Market"

202 - Pages
126 – Tables
37 – Figures

Global Humanoid Robot Market Overview

Increased use of humanoid robots for security and surveillance applications such as detection of unauthorized intrusion, terror activities and enhanced use of AI robots in the hazardous environment as well as research and space exploration enabling connectivity from a remote distance are primary factors that are driving the humanoid robot market growth. Furthermore, the rapid development of advanced robots to increase customer interaction and experience, as well as rising demand for robots in retail applications, are some of another market drivers for humanoid robots.

Humanoid robots are employed in commercial or retail outlets to provide customers, demonstrate Components, and help to gather customer data effectively such as phone numbers, zip codes, email addresses, and service feedbacks. Government expenditures in R&D and the deployment of humanoid robots in educational institutions to impart teachings result in a transformation to efficient infrastructure, which can help to open new doors for the humanoid robot sector. In addition to this, the market is expected to increase due to the rising demand for humanoid robots for personal support in everyday life. The high initial cost of robots, as well as the significant investments needed for R&D activities, are significant restraints for the growth of the humanoid robot market.

Furthermore, the lack of high-level infrastructure required for the development and manufacturing of humanoid robots is expected to limit market growth. Nevertheless, new Component launches can create a lucrative growth opportunity for the market. Key market participants are interacting with their customers to understand needs and develop efficient solutions. NASA and other space organisations use advanced humanoid robots to perform space research on non-terrestrial planets for a variety of objectives, including close-up photography of planets and determining whether or not they can support life.

Key Players

The major players in the market are SoftBank (Japan), ROBOTIS (South Korea), KAWADA ROBOTICS (Japan), Honda Motor (Japan), UBTECH ROBOTICS (China), Hajime Research Institute (Japan), Hanson Robotics (Hong Kong), DST Robot Co. (South Korea), PAL Robotics (Spain), and Toyota Motor (Japan).

Verified Market Research has segmented the Global Humanoid Robot Market On the basis of Motion Type, Component, Application, and Geography.

• Humanoid Robot Market, By Motion Type
• Wheel Drive
• Biped
• Humanoid Robot Market, By Application
• Research & Space Exploration
• Education and Entertainment
• Personal Assistance and Caregiving
• Public Relations
• Search and Rescue
• Others
• Humanoid Robot Market, By Component
• Software
• Hardware
• Control System
• Actuator
• Sensor
• Power Source
• Others
• Humanoid Robot Market by Geography
• North America
• U.S
• Canada
• Mexico
• Europe
• Germany
• France
• U.K
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• Rest of Asia Pacific
• ROW
• Middle East & Africa
• Latin America

Browse Related Reports:

Warehouse Robotics Market By Product (Mobile Robots, Articulated Robots), By Payload Capacity (Below 10 kg, 11 kg to 80 kg), By Software (Warehouse Management System, Warehouse Control System), By Application (E-commerce, Automotive), By Function (Transportation, Packaging), By Geography, Forecast, 2021-2028

Industrial Control And Factory Automation Market By Component (Sensors, Industrial Robots, Machine Vision, Control valves, Industrial PC, Control devices), By Solution (Distributed Control System (DCS), Programmable Logic Controller (PLC), Manufacturing Execution System (MES), Product Life Cycle Management (PLM), Plant Asset Management (PAM)), By Industry(Process Industry and Discrete Industry), By Geography, Forecast, 2021-2028

Autonomous Delivery Robots Market By Types (Semi-Autonomous Robots and Fully Autonomous Robots), By End-User (Hospitality, Retail, Logistics, Healthcare, and Others), By Geography, Forecast, 2021-2028

Autonomous Mobile Robot Market By Type (Goods-to-Person Picking Robots, Self-Driving Forklifts, Autonomous Inventory of Robots), By Battery Type (Lead, Lithium-ion (Li-ion), Nickel-based), By Application (Telematics, Navigation, and Infotainment), By Geography, Forecast, 2021-2028

6 Major Types Of Industrial Robots engineered to offer limitless possibilities

Visualize Humanoid Robot Market using Verified Market Intelligence:-:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling of this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, and Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.

Our 250 Analysts and SME's offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.

We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & construction, Agriculture industry and Medical Devices from over 100 countries.

Contact Us

Mr. Edwyne Fernandes
Verified Market Research®
US: +1 (650)-781-4080
UK: +44 (753)-715-0008
APAC: +61 (488)-85-9400
US Toll Free: 1 (800)-782-1768
Email: sales@verifiedmarketresearch.com
Web: https://www.verifiedmarketresearch.com/
Follow Us: LinkedIn | Twitter

Logo: https://mma.prnewswire.com/media/1315349/Verified_Market_Research_Logo.jpg