The rising demand for automation has set the pace for the growth of humanoid robot market in recent times. Pertaining to the extensive requirement of computerized machines for a variety of end-use sectors, humanoid robots are being developed on a large scale to perform tasks that may perhaps be nearly impossible for humans to perform even under ordinary circumstances.
Manufacturing companies have been deploying robotic arms for decades, however, in recent times, tech advancements have enabled preprogrammed robots to depict more than mere hand movements, giving rise to the widespread evolution of humanoid robot market.
Humanoid robots not only resemble the human body in structure and appearance, but they are also designed to carry out human tasks with futuristic precision combined with human intelligence, which has indeed been the driving force for humanoid robot market growth.
It is imperative to mention that robotic process automation has been around for decades, but these robots mainly dominated the factory floor and did not remotely resemble the intricacies of human maneuver, that has now been fulfilled with the introduction of humanoid robots. Renowned tech firms, it is observed, have also been working in the direction of efficient bot manufacturing for numerous tasks, which would eventually drive humanoid robot market trends.
A renowned start-up, Moley Robotics for instance, has created an automated robot chef that has just two arms but can cook any recipe to perfection. The cooking automaton can apparently learn and cook a recipe to the letter and even follow instructions given by chefs. Leading companies such as Samsung and Foxconn have also been replacing employees with robots for improved performance, which would undeniably have an impact on humanoid robot market.
Top Key Player Are:
- DST Robot
- Engineered Arts
- Hajime Research Institute
- Hanson Robotics
- Qihan Technology
- Softbank Robotics
- Trossen Robotics
- Ubtech Robotics Inc.
- Willow Garage
Asia Pacific is forecast to be one of the leading avenues for the growth of humanoid robot market Many Chinese manufacturing companies are replacing humans with robots for processes involving repetitive movements. Multilingual androids, for example, are being used to greet customers in the Bank of Tokyo-Mitsubishi, while at the Hen-na hotel in Nagasaki, robots are used to check in guests.
A humanoid robot called Ri-Man has been developed in Japan to help the elderly as well – Ri-Man apparently can lift the disabled people out of wheelchairs and into beds and help in household work. China and Japan thus, have emerged as the leaders when it comes to deploying humanoids to help the elderly population, thus stimulating APAC humanoid robot market outlook.
List of Charts & Figures from Humanoid Robot Market Report:
FIG 1 Industry segmentation
FIG 2 Global humanoid robot market, 2015 – 2024 (USD Million)
FIG 3 Global humanoid robot market, 2015 – 2024 (Units)
FIG 4 Industry ecosystem analysis
FIG 5 Growth potential analysis
FIG 6 Porter’s analysis
FIG 7 PESTEL analysis
FIG 8 Competitive landscape, 2016
FIG 9 Global humanoid robot market share by product, 2016 & 2024
FIG 10 Global humanoid robot market share by application, 2016 & 2024
FIG 11 Global humanoid robot market share by region, 2016 & 2024
FIG 12 SWOT Analysis, Bluefrog Robotics
FIG 13 SWOT Analysis, DST Robot
FIG 14 SWOT Analysis, Engineered Arts
FIG 15 SWOT Analysis, Hajime Research Institute
FIG 16 SWOT Analysis, Hanson Robotics
FIG 17 SWOT Analysis, Honda
FIG 18 SWOT Analysis, Kawada Robotics
FIG 19 SWOT Analysis, Qihan Technology
FIG 20 SWOT Analysis, Robotis
FIG 21 SWOT Analysis, Softbank Robotics
FIG 22 SWOT Analysis, Toshiba
FIG 23 SWOT Analysis, Trossen Robotics
FIG 24 SWOT Analysis, Ubtech Robotics
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