Humanoid Robot Market by Component, Motion Type (Biped & Wheel Drive), Application (Education and Entertainment, Research & Space Exploration, Personal Assistance & Caregiving, Search & Rescue, Public Relations) & Geography - Global Forecast to 2023

  • ID: 4420390
  • Report
  • Region: Global
  • 135 Pages
  • Markets and Markets
1 of 6

FEATURED COMPANIES

  • Behavior Labs
  • Engineered Arts
  • Hanson Robotics
  • Hubolab-Kaist
  • Pal Robotics
  • Robotics Lab
  • MORE

“Introduction of advanced features in humanoid robots, increasing use of humanoids as educational robots, and growing demand from retail industry for personal assistance are driving humanoid robot market”

The humanoid robot market is expected to reach USD 3,962.5 million by 2023 from USD 320.3 million in 2017, at a CAGR of 52.1% between 2017 and 2023. This growth can be attributed to the introduction of advanced features in humanoid robots, the increasing use of humanoids as educational robots, and growing demand from the retail industry for personal assistance. However, high initial cost and R&D expenses restrict the growth of the humanoid robot market.

“Humanoid robot market for biped motion type to grow at higher CAGR during forecast period”

The humanoid robot market for the biped motion type is expected to grow at a higher CAGR between 2017 and 2023. At present, biped humanoid manufacturers are facing several challenges in terms of robot stability and movement speed issues, and its capability to move around in different terrains. This is limiting its use in several applications, such as space exploration, search and rescue, and public relations, where the movement of the robot at high speed and in various terrains is a requirement. However, with the advancement in the technology, players are likely to overcome these issues associated with biped humanoid robots; hence, the demand for humanoids is expected to grow in almost every application.

“Hardware component held larger share of humanoid robot market in 2016”

The hardware component held a larger share of the humanoid robot market in 2016. The hardware components add major value to the overall humanoid robot as they make robots look like humans. Among different hardware components, control systems accounted for the largest market share in 2016.

“Education and entertainment expected to be the fastest-growing application in humanoid robot market during forecast period”

The humanoid robot market for the education and entertainment application is expected to grow at the highest CAGR during the forecast period. Humanoid robots have the ability to assist and even replace teachers in classrooms; hence, schools are looking forward to deploying humanoids in their classrooms to attract the attention of parents by modernizing the teaching pattern. Moreover, with decline in the price of humanoids, it is expected that they will make their way to homes as educational material to impart education and also teach programming to kids.

“Americas is the largest shareholder, whereas APAC would be the fastest-growing region in humanoid robot market during forecast period”

The Americas held the largest share of the humanoid robot market in 2016. The Americas is the early adopter of humanoids for all the major applications, such as public relations, personal assistance and caregiving, and education and entertainment, resulting in the maximum demand for robots from this region. The market in APAC is expected to grow at the highest CAGR between 2017 and 2023. APAC is likely to adopt humanoids for almost all the major applications during the forecast period. As the elderly population in APAC countries such as China and Japan is on the rise, the region is expected to employ humanoids for the personal assistance and caregiving application.

The breakup of primaries conducted during the study is depicted below.

  • By Company Type: Tier 1-55%, Tier 2-20%, and Tier 3-25%
  • By Designation: C-level Executives-75% and Director Level-25%
  • By Region: Americas-10%, Europe-20%, APAC-40%, and RoW-30%

Some key players in the humanoid robot market include 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), Toyota Motor (Japan), ROBO GARAGE Co. (Japan), Istituto Italiano di Tecnologia (Italy), Engineered Arts (UK), Robotics Lab (Spain), and National Aeronautics and Space Administration (NASA, US).

Factors such as rapid growth in aging population, rise in demand from medical and logistics sectors, and the rising trend of autonomous rescue operations are expected to generate opportunities for the humanoid robot market.

Research Coverage:

  • This report includes the market statistics pertaining to the humanoid robot component, motion type, application, and geography, along with their respective market size.
  • Major drivers, restraints, opportunities, and challenges for the humanoid robot market have been detailed in the report.
  • Opportunities in the market have been defined for stakeholders, along with the details of the competitive landscape for the market leaders.
  • Strategic profiling of the key players in the humanoid robot market has been done, and players’ market rankings and core competencies have been comprehensively analyzed.
  • Illustrative competitive leadership mapping of 25 global companies has been done.

Reasons to Buy the Report

The report would help leaders/new entrants in the humanoid robot market in the following ways:

1. This report segments the humanoid robot market comprehensively and provides the closest market size estimation for segments across different regions.

2. The report would help stakeholders understand the pulse of the market and provide them with the information on key drivers, restraints, challenges, and opportunities for market growth.

3. This report would help stakeholders understand their competitors better and gain insights to improve their position in the business. The competitive landscape section includes the competitor ecosystem, product launches, acquisitions, expansions, and collaborations.

READ MORE
Note: Product cover images may vary from those shown
2 of 6

FEATURED COMPANIES

  • Behavior Labs
  • Engineered Arts
  • Hanson Robotics
  • Hubolab-Kaist
  • Pal Robotics
  • Robotics Lab
  • MORE

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Years Considered for Study
1.4 Currency
1.5 Limitations
1.6 Market Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Major Secondary Sources
2.1.1.2 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Interviews With Experts
2.1.2.2 Key Data from Primary Sources
2.1.2.3 Key Industry Insights
2.1.2.4 Breakdown of Primaries
2.1.3 Secondary And Primary Research
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown And Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in Humanoid Robot Market
4.2 Humanoid Robot Market in Apac,  By Application And Region
4.3 Humanoid Robot Market, By Motion Type
4.4 Humanoid Robot Market, By Component
4.5 Country-Wise Analysis of Humanoid Robot Market
4.6 Humanoid Robot Market, By Region
 
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Introduction of Advanced Features in Humanoid Robots
5.2.1.2 Increasing Use of Humanoids As Educational Robots
5.2.1.3 Growing Demand from Retail Industry for Personal Assistance
5.2.2 Restraints
5.2.2.1 High Initial Cost And R&D Expenses
5.2.3 Opportunities
5.2.3.1 Rapid Growth in Aging Population
5.2.3.2 Rise in Demand from Medical And Logistics Sectors
5.2.3.3 Rising Trend of Autonomous Rescue Operations
5.2.4 Challenges
5.2.4.1 Lack of High-Level Interfacing, Causing Unpredictable Performance
5.3 Value Chain Analysis

6 Humanoid Robot Market, By Component
6.1 Introduction
6.2 Hardware
6.2.1 Sensors
6.2.1.1 Gyroscope
6.2.1.2 Microphone
6.2.1.3 Accelerometer
6.2.1.4 Tilt Sensor
6.2.1.5 Force/Torque Sensor
6.2.1.6 Position Sensor
6.2.1.7 Vision/Image Sensor
6.2.1.8 Others
6.2.2 Actuator
6.2.2.1 Electrical
6.2.2.2 Pneumatic
6.2.2.3 Hydraulic
6.2.2.4 Piezoelectric
6.2.2.5 Ultrasonic
6.2.3 Power Source
6.2.4 Control System/Controller
6.2.5 Others
6.3 Software
 
7 Humanoid Robot Market, By Motion Type
7.1 Introduction
7.2 Biped
7.3 Wheel Drive

8 Humanoid Robot Market, By Application
8.1 Introduction
8.2 Education And Entertainment
8.3 Research & Space Exploration
8.4 Personal Assistance And Caregiving
8.5 Search And Rescue
8.6 Public Relations
8.7 Others

9 Humanoid Robot Market, Geographic Analysis
9.1 Introduction
9.2 Americas
9.2.1 Us
9.2.2 Canada
9.2.3 Mexico
9.2.4 South America
9.3 Europe
9.3.1 Germany
9.3.2 France
9.3.3 Uk
9.3.4 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 South Korea
9.4.5 Rest of Apac
9.5 Rest of the World
9.5.1 Middle East
9.5.2 Africa

10 Competitive Landscape
10.1 Overview
10.2 Market Ranking Analysis
10.3 Competitive Scenario
10.3.1 Product Launches
10.3.2 Expansions, Acquisitions, Agreements, And Collaborations

11 Company Profiles
11.1 Introduction
(Business Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments And Key Relationships)*
11.2 Softbank
11.3 Robotis
11.4 Kawada Robotics
11.5 Hanson Robotics
11.6 Honda Motor
11.7 Ubtech Robotics
11.8 Pal Robotics
11.9 Dst Robot Co.
11.10 Toyota Motor
11.11 Hajime Research Institute
*Details On Business Overview, Strength of Product Portfolio, Business Strategy Excellence, Recent Developments And Key Relationships Might Not Be Captured in Case of Unlisted Companies.
11.12 Key Innovators
11.12.1 Engineered Arts
11.12.2 National Aeronautics And Space Administration (Nasa)
11.12.3 Robo Garage Co.
11.12.4 Istituto Italiano Di Tecnologia
11.12.5 Robotics Lab
11.13 Other Key Players
11.13.1 Samsung Electronics
11.13.2 Hasbro
11.13.3 Ez-Robot
11.13.4 Macco Robotics
11.13.5 Hubolab-Kaist
11.13.6 Advanced Telecommunications Research Institute International (Atr)
11.13.7 Wowwee Group
11.13.8 Cybedroïd
11.13.9 Qihan Technology Co.
11.13.10 Behavior Labs

12 Appendix
12.1 Discussion Guide
12.2 Knowledge Store: Subscription Portal
12.3 Introducing Rt: Real-Time Market Intelligence
12.4 Available Customizations
12.5 Related Reports
12.6 Author Details

List of Tables:
Table 1 Humanoid Robot Market, By Component, 2015-2023 (USD Million)
Table 2 Humanoid Robot Market, By Hardware, 2015-2023 (USD Million)
Table 3 Humanoid Robot Market for Hardware, By Motion Type, 2015-2023 (USD Million)
Table 4 Humanoid Robot Market for Sensor, By Motion Type, 2015-2023 (USD Million)
Table 5 Humanoid Robot Market for Actuator, By Motion Type, 2015-2023 (USD Million)
Table 6 Humanoid Robot Market for Power Source, By Motion Type, 2015-2023 (USD Million)
Table 7 Humanoid Robot Market for Control System, By Motion Type, 2015-2023 (USD Million)
Table 8 Humanoid Robot Market for Others, By Motion Type, 2015-2023 (USD Million)
Table 9 Humanoid Robot Market for Software, By Motion Type, 2015-2023 (USD Million)
Table 10 Humanoid Robot Market, By Motion Type, 2015-2023 (USD Million)
Table 11 Humanoid Robot Market, By Motion Type, 2015-2023 (Units)
Table 12 Humanoid Robot Market for Biped, By Component, 2015-2023 (USD Million)
Table 13 Humanoid Robot Market for Biped, By Hardware, 2015-2023 (USD Million)
Table 14 Humanoid Robot Market for Biped, By Application, 2015-2023 (USD Million)
Table 15 Humanoid Robot Market for Biped, By Application, 2015-2023 (Units)
Table 16 Humanoid Robot Market for Biped, By Region, 2015-2023 (USD Million)
Table 17 Humanoid Robot Market for Biped, By Region, 2015-2023 (Units)
Table 18 Humanoid Robot Market for Wheel Drive, By Component, 2015-2023 (USD Million)
Table 19 Humanoid Robot Market for Wheel Drive, By Hardware, 2015-2023 (USD Million)
Table 20 Humanoid Robot Market for Wheel Drive, By Application, 2015-2023 (USD Million)
Table 21 Humanoid Robot Market for Wheel Drive, By Application, 2015-2023 (Units)
Table 22 Humanoid Robot Market for Wheel Drive, By Region, 2015-2023 (USD Million)
Table 23 Humanoid Robot Market for Wheel Drive, By Region, 2015-2023 (Units)
Table 24 Humanoid Robot Market, By Application, 2015-2023 (USD Million)
Table 25 Humanoid Robot Market, By Application, 2015-2023 (Units)
Table 26 Humanoid Robot Market for Education And Entertainment, By Motion Type, 2015-2023 (USD Million)
Table 27 Humanoid Robot Market for Education And Entertainment, By Region, 2015-2023 (USD Million)
Table 28 Humanoid Robot Market for Education And Entertainment, By Region, 2015-2023 (Units)
Table 29 Humanoid Robot Market for Research & Space Exploration, By Motion Type, 2015-2023 (USD Million)
Table 30 Humanoid Robot Market for Research & Space Exploration, By Region, 2015-2023 (USD Million)
Table 31 Humanoid Robot Market for Research & Space Exploration, By Region, 2015-2023 (Units)
Table 32 Humanoid Robot Market for Personal Assistance And Caregiving, By Motion Type, 2015-2023 (USD Million)
Table 33 Humanoid Robot Market for Personal Assistance And Caregiving, By Region, 2015-2023 (USD Million)
Table 34 Humanoid Robot Market for Personal Assistance And Caregiving, By Region, 2015-2023 (Units)
Table 35 Humanoid Robot Market for Search And Rescue, By Motion Type, 2015-2023 (USD Million)
Table 36 Humanoid Robot Market for Search And Rescue, By Region, 2015-2023 (USD Million)
Table 37 Humanoid Robot Market for Search And Rescue, By Region, 2015-2023 (Units)
Table 38 Humanoid Robot Market for Public Relations, By Motion Type, 2015-2023 (USD Million)
Table 39 Humanoid Robot Market for Public Relations, By Region, 2015-2023 (USD Million)
Table 40 Humanoid Robot Market for Public Relations, By Region, 2015-2023 (Units)
Table 41 Humanoid Robot Market for Others, By Motion Type, 2015-2023 (USD Million)
Table 42 Humanoid Robot Market for Others, By Region, 2015-2023 (USD Million)
Table 43 Humanoid Robot Market for Others, By Region, 2015-2023 (Units)
Table 44 Humanoid Robot Market, By Region, 2015-2023 (USD Million)
Table 45 Humanoid Robot Market, By Region, 2015-2023 (Units)
Table 46 Humanoid Robot Market in Americas, By Country, 2015-2023 (USD Million)
Table 47 Humanoid Robot Market in Americas, By Country, 2015-2023 (Units)
Table 48 Humanoid Robot Market in Americas, By Motion Type, 2015-2023 (USD Million)
Table 49 Humanoid Robot Market in Americas, By Application, 2015-2023 (USD Million)
Table 50 Humanoid Robot Market in Europe, By Country, 2015-2023 (USD Million)
Table 51 Humanoid Robot Market in Europe, By Country, 2015-2023 (Units)
Table 52 Humanoid Robot Market in Europe, By Motion Type, 2015-2023 (USD Million)
Table 53 Humanoid Robot Market in Europe, By Application, 2015-2023 (USD Million)
Table 54 Humanoid Robot Market in Apac, By Country, 2015-2023 (USD Million)
Table 55 Humanoid Robot Market in Apac, By Country, 2015-2023 (Units)
Table 56 Humanoid Robot Market in Apac, By Motion Type, 2015-2023 (USD Million)
Table 57 Humanoid Robot Market in Apac, By Application, 2015-2023 (USD Million)
Table 58 Humanoid Robot Market in Row, By Region, 2015-2023 (USD Million)
Table 59 Humanoid Robot Market in Row, By Region, 2015-2023 (Units)
Table 60 Humanoid Robot Market in Row, By Motion Type, 2015-2023 (USD Million)
Table 61 Humanoid Robot Market in Row, By Application, 2015-2023 (USD Million)
Table 62 Top 5 Players in Humanoid Robot Market, 2016
Table 63 Five Most Recent Product Launches in Humanoid Robot Market
Table 64 Recent Expansions, Acquisitions, Agreements, And Collaborations in Humanoid Robot Market

List of Figures:
Figure 1 Humanoid Robot Market: Research Design
Figure 2 Process Flow
Figure 3 Bottom-Up Approach
Figure 4 Top-Down Approach
Figure 5 Market Breakdown & Data Triangulation
Figure 6 Assumptions for Research Study
Figure 7 Market for Biped Humanoid Robots Estimated to Grow at Higher CAGR During Forecast Period
Figure 8 Hardware Expected to Hold Larger Share of Humanoid Robot Market Throughout Forecast Period
Figure 9 Humanoid Robot Market for Education And Entertainment to Grow at Highest CAGR During Forecast Period
Figure 10 Apac Likely to Be Fastest-Growing Region in Humanoid Robot Market During Forecast Period
Figure 11 Introduction of Advanced Features in Humanoid Robots Driving Humanoid Robot Market Growth
Figure 12 Public Relations Application in Apac Expected to Account for Largest Market Share in 2017
Figure 13 Biped Humanoid Robots Expected to Dominate Humanoid Robot Market During Forecast Period
Figure 14 Software Expected to Hold Larger Share of Humanoid Robot Market During Forecast Period
Figure 15 Us Expected to Account for the Largest Share of Humanoid Robot Market in 2017
Figure 16 Humanoid Robot Market in Apac Expected to Grow at Highest CAGR During Forecast Period
Figure 17 Increasing Use of Humanoids in Education And Retail Industries Driving Humanoid Robot Market
Figure 18 Product Feature Advancements With Time
Figure 19 World’S Aging Population, By Region
Figure 20 Firefighter Casualties During Rescue Operations in Us (2006-2016)
Figure 21 Value Chain Analysis: Major Value Added During Original Equipment Manufacturing Phase
Figure 22 Humanoid Robot Market for Software to Grow at Higher CAGR During Forecast Period
Figure 23 Humanoid Robot Market for Sensor to Grow at Highest CAGR During Forecast Period
Figure 24 Market for Biped Humanoid Robots to Grow at Higher CAGR During Forecast Period
Figure 25 Humanoid Robot Market for Education And Entertainment Application to Grow at Highest CAGR Between 2017 And 2023
Figure 26 Humanoid Robot Market: Geographic Snapshot
Figure 27 Americas: Humanoid Robot Market Snapshot
Figure 28 Europe: Humanoid Robot Market Snapshot
Figure 29 Apac: Humanoid Robot Market Snapshot
Figure 30 Rest of the World: Humanoid Robot Market Snapshot
Figure 31 Product Launches And Expansions Were Key Growth Strategies Adopted By Players Between January 2015 And June 2017
Figure 32 Humanoid Robot Market Evaluation Framework
Figure 33 Battle for Market Share
Figure 34 Softbank: Company Snapshot
Figure 35 Honda Motor: Company Snapshot
Figure 36 Dst Robot Co.: Company Snapshot
Figure 37 Toyota Motor: Company Snapshot

Note: Product cover images may vary from those shown
3 of 6

Loading
LOADING...

4 of 6
5 of 6
  • Advanced Telecommunications Research Institute International (Atr)
  • Behavior Labs
  • Cybedroïd
  • Dst Robot Co.
  • Engineered Arts
  • Ez-Robot
  • Hajime Research Institute
  • Hanson Robotics
  • Hasbro
  • Honda Motor
  • Hubolab-Kaist
  • Istituto Italiano Di Tecnologia
  • Kawada Robotics
  • Macco Robotics
  • National Aeronautics And Space Administration (Nasa)
  • Pal Robotics
  • Qihan Technology Co.
  • Robo Garage Co.
  • Robotics Lab
  • Robotis
  • Samsung Electronics
  • Softbank
  • Toyota Motor
  • Ubtech Robotics
  • Wowwee Group
Note: Product cover images may vary from those shown
6 of 6
Note: Product cover images may vary from those shown
Adroll
adroll