The Humanoid Robot Market: Transforming Education, Research, and Personal Assistance
The humanoid robot market size is valued at USD 1.8 billion in 2023 and is anticipated to be USD 13.8 billion by 2028; growing at a CAGR of 50.2% from 2023 to 2028. The key factors contributing to the growth of the humanoid robot market include the increasing use of humanoids as educational robots and the surging demand for humanoid robots from the retail and household as personal assistance.
Key Applications of Humanoid
Robots
- Education and Entertainment
Humanoid robots are being
integrated into educational settings and entertainment industries to enhance
learning experiences and engagement. Key aspects include:
- Interactive Learning: Humanoid robots serve
as interactive teaching assistants, capable of delivering lessons,
answering questions, and engaging students in conversations. Their
ability to adapt to individual learning styles helps personalize
education.
- STEM Education: Robots like NAO and Pepper
are used in classrooms to teach programming, robotics, and other STEM
subjects. These robots help students develop critical thinking and
problem-solving skills while making learning fun and engaging.
- Entertainment: Humanoid robots are
increasingly featured in entertainment venues, theme parks, and museums.
They can interact with visitors, perform shows, and provide information,
enhancing the overall experience.
- Research and Space Exploration
Humanoid robots play a vital role
in research and space exploration, where they assist scientists and astronauts
in various tasks. Key contributions include:
- Robotic Assistance: Humanoid robots like
NASA’s Robonaut and Valkyrie are designed to work alongside humans in
space missions. They can perform repetitive or dangerous tasks, allowing
astronauts to focus on more critical activities.
- Data Collection and Analysis: Humanoid
robots equipped with advanced sensors and AI capabilities can gather data
and conduct experiments in harsh environments, contributing to scientific
research and exploration.
- Simulating Human Interaction: Research
institutions use humanoid robots to study human-robot interaction,
helping to improve the design and functionality of robots for future
missions and applications.
Download
PDF Brochure @
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=99567653
- Personal Assistance and Caregiving
The demand for humanoid robots in
personal assistance and caregiving is on the rise as societies face an aging
population and a growing need for healthcare support. Key applications include:
- Companionship and Support: Humanoid robots
can provide companionship to the elderly and individuals with
disabilities, reducing feelings of loneliness and isolation. They can
engage in conversations, play games, and monitor health conditions.
- Assistance with Daily Tasks: Humanoid
robots can help individuals with daily activities, such as medication
reminders, mobility assistance, and household chores, enabling them to
maintain independence and improve their quality of life.
- Healthcare Support: In healthcare settings,
humanoid robots can assist medical professionals by managing
administrative tasks, providing patient information, and supporting
rehabilitation programs.
Asia Pacific to grow at the fastest CAGR
during the forecast period.
The Asia
Pacific region is expected to grow at the fastest CAGR in the humanoid robot
market during the forecast period. The increasing aging population in countries
such as China and Japan will likely increase the deployment of humanoids for
caregiving and personal assistance in the coming years in the Asia Pacific.
Large and established humanoid robot manufacturing companies that have made
significant investments in R&D to gain a competitive edge also support the
regional market’s growth. SoftBank Robotics (Japan), ROBOTIS INC (South Korea),
KAWADA ROBOTICS CORPORATION (Japan), Honda Motor Co., Ltd. (Japan), and UBTECH
Robotics Corp. Ltd. (China) are the major players in this market.
SoftBank Robotics (Japan), Honda Motor Co., Ltd. (Japan),
Toyota Motor Corporation (Japan), ROBOTIS (South Korea), KAWADA ROBOTICS
CORPORATION (Japan), UBTECH Robotics Corp. Ltd. (China), HANSON ROBOTICS LTD.
(Hong Kong), PAL Robotics (Spain), HYULIM Robot Co., Ltd (South Korea), Hajime
Research Institute, Ltd. (Japan), Engineered Arts Limited (UK), National
Aeronautics and Space Administration (NASA) (US), ROBO GARAGE Co., Ltd.
(Japan), Istituto Italiano di Tecnologia (IIT) (Italy), Robotics Lab (Spain), Samsung
Electronics Co., Ltd. (South Korea), Promobot Corp.( US), EZ-Robot (Canada),
Macco Robotics (Spain), Boston Dynamics (US), Advanced Telecommunications
Research Institute International (ATR) (Japan), Wowwee Group limited (Hong
Kong), Kindred, Inc. (US), Tesla (US), and Agility Robotics (US) are the major
players in humanoid robot market. These players have implemented various
strategies to extend their global reach and enhance their market share.
Know more Information @
https://www.marketsandmarkets.com/Market-Reports/humanoid-robot-market-99567653.html
About MarketsandMarkets™
MarketsandMarkets™ is a blue
ocean alternative in growth consulting and program management, leveraging a
man-machine offering to drive supernormal growth for progressive organizations
in the B2B space. We have the widest lens on emerging technologies, making us
proficient in co-creating supernormal growth for clients.
The B2B economy is witnessing the
emergence of $25 trillion of new revenue streams that are substituting existing
revenue streams in this decade alone. We work with clients on growth programs,
helping them monetize this $25 trillion opportunity through our service lines -
TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain,
Account Enablement, and Thought Leadership Marketing.
Built on the ’GIVE Growth’
principle, we work with several Forbes Global 2000 B2B companies - helping them
stay relevant in a disruptive ecosystem. Our insights and strategies are molded
by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and
years of research. The KnowledgeStore™ (our Market Intelligence Cloud)
integrates our research, facilitates an analysis of interconnections through a
set of applications, helping clients look at the entire ecosystem and
understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or
follow us on Twitter, LinkedIn and Facebook.
Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
No comments: