Humanoid Robots Market Progressing Nicely

MarketsandMarkets says the humanoid-robot market is expected to grow from USD $320.3 Million in 2017 to USD 3,962.5 Million by 2023, at a CAGR of 52.1% between 2017 and 2023. The market is mainly driven by factors such as 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.

 

Notable findings include:

  • Humanoid robot market for software to grow at higher CAGR during forecast period
  • Biped motion type held larger share of humanoid robot market in 2016
  • Americas is the major consumer of humanoid robots

 

The report profiles the most promising players in the market. The competitive landscape of the market is highly dynamic because of the presence of a significant number of big and small players. The key players in the market are 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).

 

If interested, feel free to browse 64 Market Data Tables and 37 Figures spread through 133 Pages and the in-depth TOC and/or contact MarketsandMarkets, Northbrook, IL 60062 at +1-888-600-6441 and [email protected]

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