Humanoid robot is a professional service robot with its body shape built to resemble human body and mimic human motion and interaction. This device consists of a torso with a head, two arms, two legs along with face, eyes, mouth and can do jobs in everyday life more efficiently and cheaply in well-designed way. Humanoid robots with artificial intelligence algorithms find large-scale application in the healthcare sector as medical assistants, training aids as it can execute tedious, and complex task from various body position.
The "Global Humanoid Robot Market Analysis to 2028" is a specialized and in-depth study of the technology, media and telecommunication industry with a special focus on the global market trend analysis. The report aims to provide an overview of the humanoid robot market with detailed market segmentation by component, motion type, application and geography. The report provides key statistics on the market status of the leading humanoid robot market players and offers key trends and opportunities in the market.
- Based on component, the global humanoid robot market is segmented into hardware, software
- On the basis of application, the market is segmented into biped robot, wheeled robot
- Based on application, the market is bifurcated into education, research and space exploration, search and rescue, personal assistance and caregiving, entertainment, others
- Introduction of Advanced Features in Humanoid Robots.
- Increasing Use of Humanoids as Educational Robots.
- Growing Demand for Retail Industry for Personal Assistance
- High Initial Cost and R&D Expenses
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The humanoid robot market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the humanoid robot market in these regions.
IMPACT OF COVID-19 ON HUMANOID ROBOT MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
The report covers key developments in the humanoid robot market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from humanoid robot market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the humanoid robot market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Hajime Research Institute, Ltd.
- HYULIM Robot
- HANSON ROBOTICS LTD
- Honda Motor Co., Ltd.
- KAWADA Robotics Corporation
- PAL Robotics
- SAMSUNG CORPORATION
- SoftBank Robotics
- TOYOTA MOTOR CORPORATION
- UBTECH Robotics, Inc.
- Boston Dynamics
- ElectroCraft, Inc.
- Hyundai Motor Company
- Inker Robotics
- ICS International GmbH
- Asimov Robotics
- Pilz GmbH and Co. KG
- Hitachi, Ltd
- KUKA AG
- Sastra Robotics India Pvt Ltd
- SRI INTERNATIONAL
- Hansen Corporation
- Robosen Robotics, Inc.
- Macco Robotics
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.