The Humanoid Robot Market Size is valued at USD 2.14 billion in 2024 and is predicted to reach USD 69.65 billion by the year 2034 at a 41.8% CAGR during the forecast period for 2025-2034.
Humanoid robots are machines made to copy and emulate human appearance, actions, and skills. Because they communicate and carry out human-familiar duties, these robots are more friendly and simpler to deal with in human settings. The growing need for human security and ease as a result of technological advancements is driving the humanoid robot industry. The demand for humanoid collaborative robots will develop significantly as a result of the robot's ability to execute laborious and demanding activities that people shun due to technological robotics and artificial intelligence, especially learning from experience.
The medical sector's demand for humanoid robots is expected to increase significantly as a result of the usage of these devices in supported patient care, such as gynoids, interactive robots, and planar locomotion-based therapeutic robotics. Furthermore, the necessity to reduce employment expenses for repetitive positions demanding a great deal of power and to prevent using individuals for unsafe duties will drive the market for humanoid robots to expand.
However, one of the prominent factors limiting the growth of the global industry is growing concerns about security and protection. Cyber security vulnerabilities pose a serious threat to the worldwide humanoid robot industry as these advanced robots become more connected. This flaw raises worries about possible misuse and corruption of important data in addition to affecting the functionality and durability of humanoid robots. An assortment of connection concerns, data security challenges, and the potential for illegal function modifications increases the sensitivity of humanoid robots to digital dangers. It is anticipated that this major threat to their smooth operation and general security would provide a substantial obstacle for the sector, possibly limiting its rate of expansion.
The humanoid robot market is segmented based on component, motion type and application. Based on the component, the market includes hardware (Sensors (Gyroscopes, Microphones, Accelerometers, Tilt sensors, Force/Torque sensors, Position sensors, Vision/Image sensors, Others), Actuators (Electrical, Pneumatic, Hydraulic, Piezoelectric, Ultrasonic), Power Sources, Control Systems/Controllers, Others) and software. By motion type, the market compirses biped and wheel drive. By application, the market is segmented into research and space exploration, education and entertainment, personal assistance and caregiving, hospitality, search and rescue, and others.
The wheel-driven humanoid robot market will hold a major global market share in 2023. Due to their many benefits, wheel-type robots are predicted to become increasingly popular in the military and security sectors. Wheel-driven humanoid robots are often utilized for entertainment in attractions, facilities, and educational activities. It is anticipated that these reasons will propel market expansion.
The hardware industry uses bulk humanoid robots because hardware components improve humanistic robots' human-robot interaction capabilities. Developments in material research, robotic technology, and management network architecture have facilitated the creation of increasingly complex and efficient robots that allow for carrying out a greater variety of activities with increased effectiveness and accuracy.
The North American humanoid robot market is expected to record the significant market share in the near future. This can be attributed to accelerated AI technical development and greater automated processes. The strong intellectual research and business development in this area have made the US a global innovator. Substantial scientific research spending by public and private organizations, as well as educational institutions, also contributes to the market's expansion. In addition, Asia Pacific is projected to grow very fast in the global humanoid robot industry due to a various factors, including ageing populations, supporting legislation from the government, growing expenses for digitization in industries such as manufacturing, and advancements in robotics equipment, including actuators, sensor technology, and composites.
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Report Attribute |
Specifications |
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Market Size Value In 2024 |
USD 2.14 Bn |
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Revenue Forecast In 2034 |
USD 69.65 Bn |
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Growth Rate CAGR |
CAGR of 41.8% from 2025 to 2034 |
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Quantitative Units |
Representation of revenue in US$ Bn and CAGR from 2025 to 2034 |
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Historic Year |
2021 to 2024 |
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Forecast Year |
2025-2034 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Component, Motion Type and Application |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; South East Asia; South Korea |
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Competitive Landscape |
SoftBank Robotics, ROBOTIS, Agility Robotics, UBTECH Robotics, Pal Robotics, Toyota Motor Corporation, Kawada Robotics Corporation, Honda Motor Co, Ltd, Hanson Robotics Ltd, Hyulim Robot, Samsung, Macco Tecnología para el ocio, S.L., Tesla, promobot, Invento Research Inc., and Beyond Imagination among others |
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Customization Scope |
Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing And Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Humanoid Robot Market Snapshot
Chapter 4. Global Humanoid Robot Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Porter's Five Forces Analysis
4.7. Incremental Opportunity Analysis (US$ MN), 2024-2031
4.8. Global Humanoid Robot Market Penetration & Growth Prospect Mapping (US$ Mn), 2021-2034
4.9. Competitive Landscape & Market Share Analysis, By Key Player (2023)
4.10. Use/impact of AI on Humanoid Robot Industry Trends
Chapter 5. Humanoid Robot Market Segmentation 1: By Component, Estimates & Trend Analysis
5.1. Market Share by Component, 2024 & 2034
5.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following Component:
5.2.1. Hardware
5.2.1.1. Sensors
5.2.1.1.1. Gyroscopes
5.2.1.1.2. Microphones
5.2.1.1.3. Accelerometers
5.2.1.1.4. Tilt sensors
5.2.1.1.5. Force/Torque sensors
5.2.1.1.6. Position sensors
5.2.1.1.7. Vision/Image sensors
5.2.1.1.8. Others
5.2.1.2. Actuators
5.2.1.2.1. Electrical
5.2.1.2.2. Pneumatic
5.2.1.2.3. Hydraulic
5.2.1.2.4. Piezoelectric
5.2.1.2.5. Ultrasonic
5.2.1.2.6. Power Sources
5.2.1.2.7. Control Systems/Controllers
5.2.1.2.8. Others
5.2.2. Software
Chapter 6. Humanoid Robot Market Segmentation 2: By Application, Estimates & Trend Analysis
6.1. Market Share by Application, 2024 & 2034
6.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following Applications:
6.2.1. Education & Entertainment
6.2.2. Research & Space Exploration
6.2.3. Personal Assistance & Caregiving
6.2.4. Search & Rescue
6.2.5. Public Relations
6.2.6. Others
Chapter 7. Humanoid Robot Market Segmentation 3: By Motion Type, Estimates & Trend Analysis
7.1. Market Share by Motion Type, 2024 & 2034
7.2. Market Size (Value US$ Mn) & Forecasts and Trend Analyses, 2021 to 2034 for the following Motion Types:
7.2.1. BIPED
7.2.2. Wheel Drive
Chapter 8. Humanoid Robot Market Segmentation 6: Regional Estimates & Trend Analysis
8.1. Global Humanoid Robot Market, Regional Snapshot 2024 & 2031
8.2. North America
8.2.1. North America Humanoid Robot Market Revenue (US$ Million) Estimates and Forecasts by Country, 2024-2031
8.2.1.1. US
8.2.1.2. Canada
8.2.2. North America Humanoid Robot Market Revenue (US$ Million) Estimates and Forecasts by Component, 2024-2031
8.2.3. North America Humanoid Robot Market Revenue (US$ Million) Estimates and Forecasts by Application, 2024-2031
8.2.4. North America Humanoid Robot Market Revenue (US$ Million) Estimates and Forecasts by Motion Type, 2024-2031
8.3. Europe
8.3.1. Europe Humanoid Robot Market Revenue (US$ Million) Estimates and Forecasts by Country, 2024-2031
8.3.1.1. Germany
8.3.1.2. U.K.
8.3.1.3. France
8.3.1.4. Italy
8.3.1.5. Spain
8.3.1.6. Rest of Europe
8.3.2. Europe Humanoid Robot Market Revenue (US$ Million) Estimates and Forecasts by Component, 2024-2031
8.3.3. Europe Humanoid Robot Market Revenue (US$ Million) Estimates and Forecasts by Application, 2024-2031
8.3.4. Europe Humanoid Robot Market Revenue (US$ Million) Estimates and Forecasts by Motion Type, 2024-2031
8.4. Asia Pacific
8.4.1. Asia Pacific Humanoid Robot Market Revenue (US$ Million) Estimates and Forecasts by Country, 2024-2031
8.4.1.1. India
8.4.1.2. China
8.4.1.3. Japan
8.4.1.4. Australia
8.4.1.5. South Korea
8.4.1.6. Hong Kong
8.4.1.7. Southeast Asia
8.4.1.8. Rest of Asia Pacific
8.4.2. Asia Pacific Humanoid Robot Market Revenue (US$ Million) Estimates and Forecasts by Component, 2024-2031
8.4.3. Asia Pacific Humanoid Robot Market Revenue (US$ Million) Estimates and Forecasts by Application, 2024-2031
8.4.4. Asia Pacific Humanoid Robot Market Revenue (US$ Million) Estimates and Forecasts By Motion Type, 2024-2031
8.5. Latin America
8.5.1. Latin America Humanoid Robot Market Revenue (US$ Million) Estimates and Forecasts by Country, 2024-2031
8.5.1.1. Brazil
8.5.1.2. Mexico
8.5.1.3. Rest of Latin America
8.5.2. Latin America Humanoid Robot Market Revenue (US$ Million) Estimates and Forecasts by Component, 2024-2031
8.5.3. Latin America Humanoid Robot Market Revenue (US$ Million) Estimates and Forecasts by Application, 2024-2031
8.5.4. Latin America Humanoid Robot Market Revenue (US$ Million) Estimates and Forecasts by Motion Type, 2024-2031
8.6. Middle East & Africa
8.6.1. Middle East & Africa Humanoid Robot Market Revenue (US$ Million) Estimates and Forecasts by country, 2024-2031
8.6.1.1. GCC Countries
8.6.1.2. Israel
8.6.1.3. South Africa
8.6.1.4. Rest of Middle East and Africa
8.6.2. Middle East & Africa Humanoid Robot Market Revenue (US$ Million) Estimates and Forecasts by Component, 2021-2034
8.6.3. Middle East & Africa Humanoid Robot Market Revenue (US$ Million) Estimates and Forecasts by application, 2024-2031
8.6.4. Middle East & Africa Humanoid Robot Market Revenue (US$ Million) Estimates and Forecasts by Motion Type, 2024-2031
Chapter 9. Competitive Landscape
9.1. Major Mergers and Acquisitions/Strategic Alliances
9.2. Company Profiles
9.2.1. SOFTBANK ROBOTICS
9.2.1.1. Business Overview
9.2.1.2. Key Product/Service Offerings
9.2.1.3. Financial Performance
9.2.1.4. Geographical Presence
9.2.1.5. Recent Developments with Business Strategy
9.2.2. ROBOTIS
9.2.3. Agility Robotics
9.2.4. UBTECH Robotics
9.2.5. Pal Robotics
9.2.6. Toyota Motor Corporation
9.2.7. Kawada Robotics Corporation
9.2.8. Honda Motor Co, Ltd.
9.2.9. Hanson Robotics Ltd
9.2.10. Hyulim Robot
9.2.11. Samsung
9.2.12. Boston Dynamics
9.2.13. Engineered Arts Ltd
9.2.14. Sanctuary Cognitive Systems Corporation
9.2.15. NASA
9.2.16. APPTRONIK
9.2.17. Macco Tecnología para el ocio, S.L.
9.2.18. Tesla
9.2.19. Promobot
9.2.20. Invento Research Inc.
9.2.21. Beyond Imagination
9.2.22. Figure
9.2.23. NVIDIA Corporation
9.2.24. Other Market Players
Humanoid Robot Market By Component-
Humanoid Robot Market By Motion Type-
Humanoid Robot Market By Application-
Humanoid Robot Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps – primary research, secondary research, and data modeling and analysis - to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peer, and the parent market was collected. This information was then entered into data models. The resulted data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimize data models. This process was repeated till all data models used in the study produced similar results (with minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned to include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about industry and topic to make changes and fine-tuning these models as per the product/service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these – which were specific to the industry and product/service under study.
