Market Research Report

Global Humanoid Robot Market Report By Component (Hardware (Sensor, Actuator, Power Source, Control System, Others), Software), By Motion Type (Biped, Wheel Drive), By Application (Education and Entertainment, Research & Space Exploration, Personal Assistance and Caregiving, Search and Rescue, Public Relations, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2021-2028

ID:VMR11214781
April 2021
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Global Humanoid Robot Market Overview
The key driver impacting the humanoid robot market is the increasing use of humanoids as educational robots and high demand from the retail industry for personal assistance. The increased demand leads to rising investment in developing advanced humanoid robots to be used in retail, healthcare, defense, and education. For instance, In 2020, agility robotics raises $20 million to build and deploy humanoid robots for work in human spaces. Since its founding in 2015, the total amount of $29m had raised. In 2018 a developer of intelligent humanoid robots, UBTech Robotics, raised a funding of $820 million to develop adult-sized humanoid robots. It focuses mainly on the R&D of servo systems, movement control algorithms for computer vision and walking. Moreover, the technological advancement in the robotic industry, such as artificial intelligence, big data, and 5G, is expected to give self-learning capabilities to humanoid robots, thus contribute to the humanoid robot market growth in the coming years.

According to Value Market Research, the globally humanoid robot market size was valued at around USD 750 million in 2020 and is estimated to grow at a CAGR of about 40% during the forecast period 2021 to 2027

 
The vast adoption of humanoid robots in the healthcare sector is estimated to augment humanoid robot needs in the forecast period. For instance, The smart field hospital of China is staffed by robots. It is opened in Wuhan, China, in March 2020.  In this hospital, a silicon valley company CloudMinds Technology donated the humanoid robots utilized to deliver food and medicine, disinfect, measure temperatures, and deliver food and medicine. It is even used for the entertainment of medical staff and patients. In 2020 AIIMS, New Delhi, and Sir H. N. Reliance Foundation Hospital and Research Centre, Mumbai of India, deployed RoboElf, which is introduced by Milagrow. However, the high initial investment and R&D expenses may hamper the market in the long run. Also, the lack of high-level interfacing that causes unpredictable performance negatively impacts the market. The current industry trends, such as the rising trend of autonomous rescue operations and increased demand from medical and logistics sectors, are expected to offer new lucrative market opportunities for the key players.

The humanoid robot market is vast, with many local and global players. The humanoid robot market is extensive, with many regional and international players. The important market leaders follow numerous strategies to improve their market position, such as acquisitions, extending product portfolio, contracts, amalgamation, contracts, acquisitions, product upgrades to enlarge their market share across the globe. For instance, in May 2019, Ford declared its plan to develop its robot ‘Digit’ in collaboration with Agility Robotics. It will be utilized for delivery purposes. The key players studied in the report Softbank Robotics, Agility robotics, Hajime Research Institute, KAWADA ROBOTICS, Qihan Technologies, PAL Robotics, DST Robot, Robotis, ROBO GARAGE Co, Toshiba, Ubtech Robotics Inc., Honda, Hanson Robotics, and National Aeronautics and Space Administration.

Global Humanoid Robot Market Share

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In this research report, the humanoid robot market is segmented by component, motion type, application, and region.
 
Analysis by Component:

By component, the report is categorized into hardware and software. The hardware segment dominates the component segment with over 60% share in 2020. The hardware component is further sub-segmented into sensor, actuator, power source, control system, and others. It is because hardware components are the essential components needed to make humanoid robots, and sensors and control systems are utilized for tracking and tracing activities. Moreover, recent advances in computing hardware and decreasing hardware components cost in China contribute to the hardware components segment growth in the forecast period.
 
Analysis by Motion Type:

By motion type, the report is categorized into biped and wheel drive. The biped segment dominates the motion type segment with over 65% share in 2020. It is due to the rising popularity of biped products as they support human operations and helps them in several tasks such as automated lawnmowing, floor cleaning, etc. Moreover, beneficial features associated with the biped products such as self-maintenance, autonomous learning, security, etc., that provide efficient assistance to human task contributes to the biped segment growth in the forecast period.
 
Analysis by Application:

By application, the report is categorized into education and entertainment, research & space exploration, personal assistance and caregiving, search and rescue, public relations, and others. The retail & healthcare application dominates the application segment with over 25% share in 2020. It is due to the growing focus on the enhancement of the retail industry globally with the high implementation of smart technologies, and automated & robotic products will add up to the robot demand. The introduction of surgical humanoid robots and the growing deployment of humanoid robots for disease management, pediatric healthcare assistant, physical therapy, etc., contribute to the high demand from the healthcare industry segment in the forecast period.
 
Analysis by Region:

In the regional outlook of the global humanoid robot market, the North America region dominates globally with a 30% market share in the forecast period. There is an increased deployment of automated machines & devices in various industry verticals, including government, retail, military & defense, etc., due to the high cost of labor and the unavailability of workers to do basic tasks in expanding construction, retail, and hospitality sectors. Moreover, enhanced consumer awareness and knowledge regarding technological advancements and rising government investment in improvising public and defense & military infrastructure facilities contribute to tremendous market growth across North America.
 
Market Segmentation covered in the Report:
By Component

  • Hardware (Sensor, Actuator, Power Source, Control System, Others)
  • Software

By Motion Type

  • Biped
  • Wheel Drive

By Application

  • Education and Entertainment
  • Research & Space Exploration
  • Personal Assistance and Caregiving
  • Search and Rescue
  • Public Relations
  • Others

 By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

METHODOLOGY

This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. 

If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.            

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . HUMANOID ROBOT – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 By Component
           3.7.2 By Motion Type
           3.7.3 By Application
           3.7.4 By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL HUMANOID ROBOT MARKET ANALYSIS BY COMPONENT
       6.1 Overview by Component
       6.2 Historical and Forecast Data
       6.3 Analysis by Component
       6.4 Hardware Market by Regions
       6.5 Software Market by Regions
 
7 . GLOBAL HUMANOID ROBOT MARKET ANALYSIS BY MOTION TYPE
       7.1 Overview by Motion Type
       7.2 Historical and Forecast Data
       7.3 Analysis by Motion Type
       7.4 Biped Market by Regions
       7.5 Wheel Drive Market by Regions
 
8 . GLOBAL HUMANOID ROBOT MARKET ANALYSIS BY APPLICATION
       8.1 Overview by Application
       8.2 Historical and Forecast Data
       8.3 Analysis by Application
       8.4 Education and Entertainment Market by Regions
       8.5 Research & Space Exploration Market by Regions
       8.6 Personal Assistance and Caregiving Market by Regions
       8.7 Search and Rescue Market by Regions
       8.8 Public Relations Market by Regions
       8.9 Others Market by Regions
 
9 . GLOBAL HUMANOID ROBOT MARKET ANALYSIS BY GEOGRAPHY
       9.1. Regional Outlook
       9.2. Introduction
       9.3. North America
           9.3.1. Overview, Historic and Forecast Data
           9.3.2. North America By Segment
           9.3.3. North America By Country
           9.3.4. United State
           9.3.5. Canada
           9.3.6. Mexico
       9.4. Europe
           9.4.1. Overview, Historic and Forecast Data
           9.4.2. Europe by Segment
           9.4.3. Europe by Country
           9.4.4. United Kingdom
           9.4.5. France
           9.4.6. Germany
           9.4.7. Italy
           9.4.8. Russia
           9.4.9. Rest Of Europe
       9.5. Asia Pacific
           9.5.1. Overview, Historic and Forecast Data
           9.5.2. Asia Pacific by Segment
           9.5.3. Asia Pacific by Country
           9.5.4. China
           9.5.5. India
           9.5.6. Japan
           9.5.7. South Korea
           9.5.8. Australia
           9.5.9. Rest Of Asia Pacific
       9.6. Latin America
           9.6.1. Overview, Historic and Forecast Data
           9.6.2. Latin America by Segment
           9.6.3. Latin America by Country
           9.6.4. Brazil
           9.6.5. Argentina
           9.6.6. Peru
           9.6.7. Chile
           9.6.8. Rest of Latin America
       9.7. Middle East & Africa
           9.7.1. Overview, Historic and Forecast Data
           9.7.2. Middle East & Africa by Segment
           9.7.3. Middle East & Africa by Country
           9.7.4. Saudi Arabia
           9.7.5. UAE
           9.7.6. Israel
           9.7.7. South Africa
           9.7.8. Rest Of Middle East And Africa
 
10 . COMPETITIVE LANDSCAPE OF THE HUMANOID ROBOT COMPANIES
       10.1. Humanoid Robot Market Competition
       10.2. Partnership/Collaboration/Agreement
       10.3. Merger And Acquisitions
       10.4. New Product Launch
       10.5. Other Developments
 
11 . COMPANY PROFILES OF HUMANOID ROBOT INDUSTRY
       11.1. Company Share Analysis
       11.2. Market Concentration Rate
       11.3. Softbank Robotics
           11.3.1. Company Overview
           11.3.2. Financials
           11.3.3. Products
           11.3.4. Recent Developments
       11.4. Agility robotics
           11.4.1. Company Overview
           11.4.2. Financials
           11.4.3. Products
           11.4.4. Recent Developments
       11.5. Hajime Research Institute
           11.5.1. Company Overview
           11.5.2. Financials
           11.5.3. Products
           11.5.4. Recent Developments
       11.6. KAWADA ROBOTICS
           11.6.1. Company Overview
           11.6.2. Financials
           11.6.3. Products
           11.6.4. Recent Developments
       11.7. Qihan Technologies
           11.7.1. Company Overview
           11.7.2. Financials
           11.7.3. Products
           11.7.4. Recent Developments
       11.8. PAL Robotics
           11.8.1. Company Overview
           11.8.2. Financials
           11.8.3. Products
           11.8.4. Recent Developments
       11.9. DST Robot
           11.9.1. Company Overview
           11.9.2. Financials
           11.9.3. Products
           11.9.4. Recent Developments
       11.10. Robotis
           11.10.1. Company Overview
           11.10.2. Financials
           11.10.3. Products
           11.10.4. Recent Developments
       11.11. ROBO GARAGE Co
           11.11.1. Company Overview
           11.11.2. Financials
           11.11.3. Products
           11.11.4. Recent Developments
       11.12. Toshiba
           11.12.1. Company Overview
           11.12.2. Financials
           11.12.3. Products
           11.12.4. Recent Developments
       11.13. Ubtech Robotics Inc.
           11.13.1. Company Overview
           11.13.2. Financials
           11.13.3. Products
           11.13.4. Recent Developments
       11.14. Honda
           11.14.1. Company Overview
           11.14.2. Financials
           11.14.3. Products
           11.14.4. Recent Developments
       11.15. Hanson Robotics
           11.15.1. Company Overview
           11.15.2. Financials
           11.15.3. Products
           11.15.4. Recent Developments
       11.16. National Aeronautics
           11.16.1. Company Overview
           11.16.2. Financials
           11.16.3. Products
           11.16.4. Recent Developments
       11.17. Space Administration
           11.17.1. Company Overview
           11.17.2. Financials
           11.17.3. Products
           11.17.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
 
LIST OF TABLES
 

  • Market Snapshot
  • Drivers : Impact Analysis
  • Restraints : Impact Analysis
  • List of Raw Material
  • List of Raw Material Manufactures
  • List of Potential Buyers
  • COVID-19 Impact Analysis by Production, Import, Export and Demand
  • Pre V/S Post COVID-19
  • Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  • COVID-19: Micro and Macro Factor Analysis
  • Analysis by Component (USD MN)
  • Hardware Market by Geography (USD MN)
  • Software Market by Geography (USD MN)
  • Analysis Market by Motion Type (USD MN)
  • Biped Market by Geography (USD MN)
  • Wheel Drive Market by Geography (USD MN)
  • Analysis by Application (USD MN)
  • Education and Entertainment Market by Geography (USD MN)
  • Research & Space Exploration Market by Geography (USD MN)
  • Personal Assistance and Caregiving Market by Geography (USD MN)
  • Search and Rescue Market by Geography (USD MN)
  • Public Relations Market by Geography (USD MN)
  • Others Market by Geography (USD MN)
  • Global Humanoid Robot Market by Geography (USD MN)
  • North America Market Analysis (USD MN)
  • United State Market Analysis (USD MN)
  • Canada Market Analysis (USD MN)
  • Mexico Market Analysis (USD MN)
  • Europe Market Analysis (USD MN)
  • Europe Market Estimate by Country (USD MN)
  • United Kingdom Market Analysis (USD MN)
  • France Market Analysis (USD MN)
  • Germany Market Analysis (USD MN)
  • Italy Market Analysis (USD MN)
  • Russia Market Analysis (USD MN)
  • Spain Market Analysis (USD MN)
  • Rest of Europe Market Analysis (USD MN)
  • Asia Pacific Market Analysis (USD MN)
  • China Market Analysis (USD MN)
  • Japan Market Analysis (USD MN)
  • India Market Analysis (USD MN)
  • South Korea Market Analysis (USD MN)
  • Australia Market Analysis (USD MN)
  • Rest of Asia Pacific Market Analysis (USD MN)
  • Latin America Market Analysis (USD MN)
  • Brazil Market Analysis (USD MN)
  • Argentina Market Analysis (USD MN)
  • Peru Market Analysis (USD MN)
  • Chile Market Analysis (USD MN)
  • Rest of Latin America Market Analysis (USD MN)
  • Middle East & Africa Market Analysis (USD MN)
  • Saudi Arabia Market Analysis (USD MN)
  • UAE Market Analysis (USD MN)
  • Israel Market Analysis (USD MN)
  • South Africa Market Analysis (USD MN)
  • Rest of Middle East and Africa Market Analysis (USD MN)
  • Partnership/Collaboration/Agreement
  • Mergers And Acquisiton

 
 LIST OF FIGURES
 

  • Research Scope of Humanoid Robot Report
  • Market Research Process
  • Market Research Methodology
  • Global Humanoid Robot Market Size, by Region (USD MN)
  • Porters Five Forces Analysis
  • Market Attractiveness Analysis by Component
  • Market Attractiveness Analysis by Motion Type
  • Market Attractiveness Analysis by Application
  • Market Attractiveness Analysis by Region
  • Value Chain Analysis
  • Global Market Analysis by Component (USD MN)
  • Hardware Market by Geography (USD MN)
  • Software Market by Geography (USD MN)
  • Global Market Analysis by Motion Type (USD MN)
  • Biped Market by Geography (USD MN)
  • Wheel Drive Market by Geography (USD MN)
  • Global Market Analysis by Application (USD MN)
  • Education and Entertainment Market by Geography (USD MN)
  • Research & Space Exploration Market by Geography (USD MN)
  • Personal Assistance and Caregiving Market by Geography (USD MN)
  • Search and Rescue Market by Geography (USD MN)
  • Public Relations Market by Geography (USD MN)
  • Others Market by Geography (USD MN)
  • Global Market by Revenue
  • North America Market by Revenue
  • Europe Market by Revenue
  • Asia Pacific Market by Revenue
  • Latin America Market by Revenue
  • Middle East & Africa Market by Revenue
  • Recent Development in Industry
  • Company Market Share Analysis

 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

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Objectives of Study

  • Define and measure the global market
  • Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments

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