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Humanoids Market

Humanoids Market Forecasts to 2028 – Global Analysis By Type (Buyout, Lease), Motion (Biped, Wheel Drive), Application (Personal Assistance, Education, Entertainment & Hospitality) and By Geography

4.3 (27 reviews)
Published: October 2021 ID: SMRC21050
4.3 (27 reviews)
Published: October 2021 ID: SMRC21050

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Humanoids Market is accounted for $778.82 million in 2020 and is expected to reach $16,079.04 million by 2028 growing at a CAGR of 46.0% during the forecast period. The increasing need for robotics due to the aging population and technological advancements in humanoids leading to growth in features are the major factors propelling the market growth. However, high expenses associated with research and development and deployment are hampering the market growth.

A humanoid is a robot with its body shape built to resemble the human body. The design may be for functional purposes, such as interacting with human tools and environments, for experimental purposes, or other purposes. They have applications in various end-user industries, like education, personal assistance, and entertainment, among others.

Based on the application, the education segment holds the largest share in the market during the forecast period due to the rapid modernization of the educational system across the world and a growing number of educational institutes.

By geography, the Asia Pacific is going to have a huge demand due to the presence of the companies involved in designing humanoids makes it one of the forerunners in the adoption. Moreover, Japan is rolling out robots in offices, schools, and nursing homes, as its population ages and workforce shrink.

Some of the key players profiled in the Humanoids Market include Hanson Robotics, Honda Motor Co. Ltd, Invento Robotics, Kawada Robotics Corporation, Pal Robotics, Promobot, Robotis Co. Ltd, SoftBank Robotics Group Corp., Toyota Motor Corporation, and Ubtech Robotics Inc.
 
Types Covered:
• Buyout
• Lease

Motions Covered:
• Biped
• Wheel Drive

Applications Covered:
• Entertainment & Hospitality
• Personal Assistance
• Research and Space Exploration
• Education
• Other Applications

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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o Comprehensive profiling of additional market players (up to 3)
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o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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