Global Humanoid Robot Market Size study, by Component, by Motion Type, by Application, and Regional Forecasts 2022-2032

Description

The global humanoid robot market, valued at USD 1.4 billion in 2023, to USD 40.92 billion by 2032 at CAGR of 45.5% from 2024-2032. This growth trajectory reflects the rising adoption of humanoid robots across diverse applications, such as surveillance, healthcare, personal assistance, and space exploration. The heightened demand for technologically advanced robots underscores their pivotal role in various industries, ranging from healthcare to entertainment and beyond.

The use of humanoid robots for surveillance and security, including unauthorized intrusion detection and terrorist activity prevention, has been a critical driver for this market. Additionally, advancements in artificial intelligence (AI) have enabled humanoid robots to function as valuable tools in research and space exploration. For instance, initiatives such as the development of remote-controlled humanoid robots for healthcare quarantine management further emphasize the market's growing potential.

Global companies are intensifying their investments in humanoid robotics to cater to evolving industry demands. A noteworthy example is Figure AI's funding of USD 675 million in 2024, supported by tech giants like Nvidia and Microsoft, to enhance humanoid robotics development. Furthermore, robots such as Aeo by Aeolus Robotics and NEO by OpenAI highlight the innovation driving the market. These robots are designed to execute a wide array of tasks, including eldercare, germicidal cleaning, and personalized assistance, which illustrate the transformative nature of this technology.

Humanoid robots are increasingly deployed for cognitive studies, neuroscience, and behavioral sciences. Their adoption spans media, education, and social assistance applications, with a focus on improving the quality of life for individuals, particularly the elderly. Regional dynamics also play a significant role in market growth. For example, North America leads the market with significant research and development efforts, while the Asia-Pacific region showcases the highest growth rate owing to advancements in robotics and a thriving industrial landscape.

Major market players included in this report are:

SoftBank Robotics
Engineered Arts Limited
HONDA
PAL Robotics
HANSON Robotics LTD
HYULIM Robot Co., Ltd
ROBOTIS
Willow Garage
Toshiba Corporation
Sanbot Co
KAWADA Robotics Corporation
UBTECH Robotics
Apptronik
Aeolus Robotics
Boston Dynamics

The detailed segments and sub-segments of the market are explained below:

By Component:

Hardware
Software

By Motion Type:

Biped
Wheel Drive

By Application:

Research and Space Exploration
Education and Entertainment
Personal Assistance and Caregiving
Hospitality
Search and Rescue
Others

By Region:

North America:

U.S.
Canada

Europe:

UK
Germany
France
Spain
Italy
ROE

Asia Pacific:

China
India
Japan
Australia
South Korea
RoAPAC

Latin America:

Brazil
Mexico

Middle East & Africa:

Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional-level analysis for each market segment.
Detailed analysis of geographical landscape with Country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand-side and supply-side analysis of the market.

Chapter 1. Global Humanoid Robot Market Executive Summary

1.1. Global Humanoid Robot Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Component
- 1.3.2. By Motion Type
- 1.3.3. By Application
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Humanoid Robot Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
- 2.3.4. Demand Side Analysis
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Humanoid Robot Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing adoption in healthcare and eldercare applications
- 3.1.2. Growing advancements in artificial intelligence and robotics technologies
- 3.1.3. Rising private and public sector investments in humanoid robots
3.2. Market Challenges
- 3.2.1. High cost of humanoid robotics systems
- 3.2.2. Regulatory constraints and technical complexities
3.3. Market Opportunities
- 3.3.1. Expanding use cases in education and entertainment
- 3.3.2. Growing demand in emerging economies

Chapter 4. Global Humanoid Robot Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. PESTEL Analysis
- 4.2.1. Political Factors
- 4.2.2. Economic Factors
- 4.2.3. Social Factors
- 4.2.4. Technological Factors
- 4.2.5. Environmental Factors
- 4.2.6. Legal Factors
4.3. Top Investment Opportunities
4.4. Disruptive Trends
4.5. Analyst Recommendations

Chapter 5. Global Humanoid Robot Market Size & Forecasts by Component 2022-2032

5.1. Segment Dashboard
5.2. Component Revenue Trend Analysis (2022 & 2032)
- 5.2.1. Hardware
- 5.2.2. Software

Chapter 6. Global Humanoid Robot Market Size & Forecasts by Motion Type 2022-2032

6.1. Segment Dashboard
6.2. Motion Type Revenue Trend Analysis (2022 & 2032)
- 6.2.1. Biped
- 6.2.2. Wheel Drive

Chapter 7. Global Humanoid Robot Market Size & Forecasts by Application 2022-2032

7.1. Segment Dashboard
7.2. Application Revenue Trend Analysis (2022 & 2032)
- 7.2.1. Research and Space Exploration
- 7.2.2. Education and Entertainment
- 7.2.3. Personal Assistance and Caregiving
- 7.2.4. Hospitality
- 7.2.5. Search and Rescue
- 7.2.6. Others

Chapter 8. Global Humanoid Robot Market Size & Forecasts by Region 2022-2032

8.1. North America
- 8.1.1. U.S.
- 8.1.2. Canada
8.2. Europe
- 8.2.1. UK
- 8.2.2. Germany
- 8.2.3. France
- 8.2.4. Italy
- 8.2.5. Spain
- 8.2.6. Rest of Europe
8.3. Asia-Pacific
- 8.3.1. China
- 8.3.2. Japan
- 8.3.3. India
- 8.3.4. Australia
- 8.3.5. South Korea
- 8.3.6. Thailand
- 8.3.7. Rest of Asia-Pacific
8.4. Latin America
- 8.4.1. Brazil
- 8.4.2. Mexico
- 8.4.3. Argentina
- 8.4.4. Rest of Latin America
8.5. Middle East & Africa
- 8.5.1. Saudi Arabia
- 8.5.2. UAE
- 8.5.3. South Africa
- 8.5.4. Kuwait
- 8.5.5. Rest of Middle East & Africa

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. SoftBank Robotics
- 9.1.2. Engineered Arts Limited
- 9.1.3. Boston Dynamics
9.2. Key Market Strategies
9.3. Company Profiles
- 9.3.1. HYULIM Robot Co., Ltd
- 9.3.2. HONDA
- 9.3.3. PAL Robotics
- 9.3.4. ROBOTIS
- 9.3.5. Toshiba Corporation
- 9.3.6. KAWADA Robotics Corporation
- 9.3.7. UBTECH Robotics
- 9.3.8. Aeolus Robotics

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes