Humanoid Robot Market to Hit USD 10.35 Bn by 2029: Competitive Landscape, Industry Analysis, New Opportunities, Dynamics and Regional Insights

April 10 19:12 2023
Humanoid Robot Market to Hit USD 10.35 Bn by 2029: Competitive Landscape, Industry Analysis, New Opportunities, Dynamics and Regional Insights
Humanoid Robot Market
Humanoid Robot Market was valued at USD 1.02 Billion in 2021, and it is expected to reach USD 10.35 Billion by 2029, exhibiting a CAGR of 33.6 % during the forecast period (2022-2029)

Pune,10, April 2023: The report expects the Humanoid Robot Market to grow from USD 1.02 Bn in 2021 to USD 10.35 Bn by 2029 at a CAGR of 33.6 percent over the forecast period. The report is a mixture of primary and secondary data and the domain expert has analyzed the Humanoid Robot Market from a local, global and regional point of view.

Humanoid Robot Market Report Scope and Research Methodology

The Humanoid Robot Market report provides a thorough analysis of segments and sub-segments in local, global and regional markets. The report focuses on how drivers, restraints, and macro variables affect local, global and regional Systems of Humanoid Robot markets. The report contains a comprehensive analysis of the global Humanoid Robot System market’s trends, forecasts, and monetary values. The report includes primary and secondary collection techniques with qualitative and quantitative approaches for the analysis of the Humanoid Robot market.  The Humanoid Robot market report includes aspects of the industry with key players such as market leaders, market followers and new entrants. The bottom-up approach was used in the report for the Humanoid Robot market estimation. The segment-wise analysis of the Humanoid Robot Market is divided into Component, Motion Type, and Application.

The report provides a thorough analysis of the demand projections, market trends, and micro and macro factors Humanoid Robot market. The report covers the factors that are driving and restricting the Humanoid Robot market’s growth. The report uses analytical methodologies such as Porter’s five forces analysis and PESTLE of the Humanoid Robot Market to provide market insights. The report involves an analysis of current Humanoid Robot market trends as well as forecasts for the years. 

Humanoid Robot Market Dynamics 

The implementation in the medical industry enhances operational efficiency and provides effective productivity As a result, the increasing demand for Humanoid robots in medical industry helps to drive the growth of the market. Humanoid Robot is largely applicable to power plants for the purpose of inspection, maintenance and disaster. The Market is driven by the increasing demand from the education and entertainment sector, increasing the development of humanoid robots with advanced technology. 

The rapidly increasing geriatric population in developed countries is the upcoming opportunity for the growth of the market. During the forecast period, the market growth is expected to be hampered by the high initial cost and research and development expenses need for the introduction of advanced robotics. 

Get a Sample Copy of the Report: 

Humanoid Robot Market Regional Insights

In 2021, North America dominated the Humanoid Robot Market with the largest revenue share. The regional market is driven by humanoid robot technologies, increasing demand for the humanoid robot from the healthcare sector, rising investment by the government and increasing focus on research and development activities for robotics applications. The flexibility and enhanced performance of the humanoid robots resulted in to increase in popularity in Europe and it helps to drive the regional growth of the market. 

Asia Pacific is expected to have significant market growth throughout the forecast period. Emerging technologies such as bug data, artificial intelligence in developing economies high investment by manufacturers, and government initiatives are the responsible factors that help to influence the market. 

Humanoid Robot Market Segmentation

By Component

  • Hardware
  • Software


By Motion Type

  • Biped
  • Wheel Drive


By Application

  • Education and Entertainment
  • Research & Space Exploration
  • Personal Assistance and Caregiving
  • Search and Rescue
  • Public Relations
  • Others


Humanoid Robot Market Key players include:

  • Ubtech Robotics (US)
  • Willow Garage (US)
  • Engineered Arts (UK)
  • Instituto Italiano Di Technologia (Italy)
  • Pal Robotics (Spain)
  • Qihan Technology Co.(China)
  • Sanbot Co. (China)
  • WowWee Group (Hong Kong)
  • Hanson Robotics (Hong Kong)
  • Samsung Electronics (South Korea)
  • DST Robot Co. Ltd. (South Korea)
  • ROBOTIS (Republic of Korea)
  • Kawada Robotics Japan)
  • Toshiba (Japan)
  • Robo Garage Co. (Japan)
  • Hajime Research Institute, Ltd.(Japan)
  • Honda Motor Co. Ltd. (Japan)
  • Toyota Motor Corporation (Japan)
  • SoftBank Corporation (Japan)


Table of Content for Global Humanoid Robot Market:

  • Global Humanoid Robot Market: Research Methodology


  • Global Humanoid Robot Market: Executive Summary
  • Market Overview and Definitions
  • Introduction to the Global Market
  • Summary
  • Key Findings
  • Recommendations for Investors
  • Recommendations for Market Leaders 
  • Recommendations for New Market Entry


  • Global Humanoid Robot Market: Competitive Analysis
  • MMR Competition Matrix
  • Market Structure by Region
  • Competitive Benchmarking of Key Players
  • Consolidation in the Market
  • M&A by region
  • Key Developments by Companies
  • Market Drivers
  • Market Restraints
  • Market Opportunities 
  • Market Challenges
  • Market Dynamics
  • PORTERS Five Forces Analysis
  • Regulatory Landscape by region
  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • South America
  • COVID-19 Impact


  • Global Humanoid Robot Market Segmentation
  • Global Market, by Component (2021-2029)
  • Global Market, by Motion Type (2021-2029)
  • Global Market, by Application (2021-2029)


  • Regional Global Humanoid Robot Market(2021-2029)
  • Regional Market, by Component (2021-2029)
  • Regional Market, by Motion Type (2021-2029)
  • Regional Market, by Application (2021-2029)
  • Regional Market, by Country (2021-2029)


  • Company Profile: Key players
  • Company Overview
  • Financial Overview
  • Global Presence
  • Capacity Portfolio
  • Business Strategy 
  • Recent Developments


Get the Sample PDF of Report: 

Key questions answered in the Humanoid Robot Market are:

  • What are Humanoid Robot?
  • What were the Humanoid Robot market size in 2021?
  • What is the expected Humanoid Robot market size by 2029?
  • What are the different segments of the Humanoid Robot Market?
  • What are the major restraints for the growth of the Humanoid Robot Market?
  • What growth strategies are the players considering to increase their presence in Humanoid Robot?
  • What is the scope of the Humanoid Robot Market?
  • What is the growth rate of the Humanoid Robot Market?
  • Which are the factors expected to drive the Humanoid Robot market growth?
  • Which region is expected to hold the Humanoid Robot market’s largest share?
  • What segments are covered in the Humanoid Robot Market?
  • What are the key players in the Humanoid Robot Market?
  • What are the opportunities for the Humanoid Robot Market?


Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis of the Component, Motion Type, Application and Region 
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective 
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of Business by Region


Maximize Market Research Electronics research firm, has also published the following reports:

Artificial Intelligence (AI) in Robotics MarketThe market size is expected to reach USD 93.41 Bn by 2029 at a CAGR of 38.5 percent during the forecast period. The market is driven by the Increasing demand for automation and demands lesser human interventions in daily operational tasks across various industry verticals.

Educational Robot Market: The market size is expected to reach USD 4.32 Bn by 2029 at a CAGR of 16.2 percent during the forecast period. The market is driven by humanoid robot research and development to change the service industry.


About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.


Contact Maximize Market Research:

3rd Floor, Navale IT Park, Phase 2

Pune Banglore Highway, Narhe,

Pune, Maharashtra 411041, India

[email protected] 

+91 96071 95908, +91 9607365656

Media Contact
Contact Person: Geeta Yevle
Email: Send Email
Phone: +91 9607365656
Address:3rd Floor, Navale IT Park, Phase 2, Pune Banglore Highway, Narhe,
City: Pune
State: Maharashtra
Country: India

view more articles

About Article Author