Humanoid Robot Market - Forecast(2021 - 2026)

Global Humanoid Robot Market is forecast to reach $2.7billion by 2025, estimated to grow at a CAGR of 32.7% from 2020 to 2025. Humanoid Robot Market is driven by the increasing demand of safety and comfort, of the humans beings, due to advancement in technologies. The humanoid robot form tedious and strenuous tasks, which are avoided by humans, this is going to provide huge growth to humanoid robot market. The use of Humanoid robots in supportive patient care, is  going to provide huge growth to humanoid robot market in healthcare  . Additionally introduction of advance technology such as artificial intelligence is going to provide the self learning capabilities to humanoid robots, which are going to boost the humanoid robot market.
 

Key Takeaways:
  • Humanoid robot market is driven by the increasing demand of safety and comfort. The humanoid robot can perform various tasks which are dangerous for humans, which is going to boost the humanoid robot market.
  • Introduction of advance technology such as artificial intelligence (AI) is going to provide self learning capabilities to humanoid robot. This is going to boost humanoid robot market during the forecast period. 
  • Humanoid robot market is dominated by APAC region followed by North America during the forecast period.The presence of major humanoid manufacturing countries such as China Japan and others. Moreover Increasing deployment of humanoid robot in healthcare and education is going to provide huge growth to humanoid robot market in APAC region.


By Motion- Segment Analysis 

Biped motion type humanoid robots are estimated to hold the major share in humanoid robot marketduring the forecast period.The growing demand of biped motion type humanoid robots in industry as well as academia, for various purposes, is going to boost the humanoid robot market. The biped motion type (BMT) humanoids robot can easily climb up stairs and avoid obstrucles on the floor. The BMThumanoid robots are widely used for advertisement, research platform, publicity campaigns, house-hold work and others, which is going to provide huge growth to humanoid robot market. 

Application-Segment Analysis

Healthcare followed by education is estimated to hold the major share in humanoid robots market during the forecast period. The introduction of surgical humanoid robot is going to provide huge growth to humanoid robot in healthcare. Additionally, humanoid robots can also be deployed fordisease management, pediatric healthcare assistant, physical therapy and others. With the growing demand of E-learning the demand of humanoid robot is also increasing, the humanoids are widely used for the role of teaching assistant and games partner for children. Additionally with the introduction artificial intelligence (AI) in humanoid robots is going to provide huge growth to humanoid robot market in the research field.


Geography - Segment Analysis

APAC followed by North America region is expected to dominate the humanoid robot market during the forecast period (2020-2025). The countries present in APAC region such as Japan, China others, are one of largest humanoid robot manufacturing countries.The humanoid robot(HM)are deployed in various tasks such as advertisement, teaching assistant  and others, which is going to provide huge growth to humanoid robot market in this region. Moreover countries are such as China, Japan are planning to deploy humanoid in healthcare and education due to covid-19 outbreak, which is going to boost HM market in this region. In North America region the presence of key companies such as Canonical Group, Diligent Robotics, Boston Dynamics and others, is going to provide humanoid robot market. Additionally with the introduction of artificial intelligence (AI) and increasing the demand of humanoid in military and healthcare is going to boost HM market in North America region.

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Location: United States

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