Humanoid Robot Market

Humanoid Robot Market – Global Industry Analysis, Size, Growth, Trends, Forecast 2026

Humanoid robots are robots that resemble the body shape and characteristics of humans such as the ability to walk in upright position. Humanoid robots typically possess physical appearance similar to that of a human, including two arms, two legs, and a head. Characteristics of humanoid robots include autonomous learning, safe interaction with the surrounding environment and humans, and self-maintenance. Humanoid robots are employed in various applications such as scientific research, personal assistance, entertainment, automotive manufacturing line, education, and greeting guests and visitors. Usage of humanoid robots developed with artificial intelligence algorithms is expected to increase in perilous tasks such as space exploration missions. Various sensors including proprioceptive and exteroceptive sensors and actuators are used in humanoid robots to measure the surrounding attributes in order to help the robots work efficiently.

Request Sample Brochure for Research Insights at https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=36854

Rise in demand for humanoid robots from the retail industry, increase in usage of humanoid robots in education and research purposes, and significant technological advancements in robotics are some of the key factors expected to drive the global humanoid robots market during the forecast period. Furthermore, usage of humanoid robots to greet and advise customers and present and demonstrate products in retail outlets is on the rise. Moreover, humanoid robots are an effective way of gathering consumer data such as gender, phone numbers, zip codes, email addresses, habits, and service feedback that help stores in serving their customers efficiently. Considering this, a number of retail outlets are adopting humanoid robots to enhance their customer experience. In September 2017, Sprint Corporation, a U.S.-based telecommunication service provider, announced the implementation of Pepper, a humanoid robot developed by SoftBank Robotics Corp. in its retail outlets. The company is planning to use the robot to gain market insights by engaging it with customers in its stores. SoftBank has deployed more than 10,000 Pepper robots in various organizations across the globe including Pizza Hut, Singapore.

In several developed countries, humanoid robots are being deployed in classrooms to impart math, science, engineering, and technology lessons. Developed by the University of California, RUBI, a humanoid robot, is being used by a number of preschools in California to teach foreign languages to students. However, significant capital investments in research and development and high cost of humanoid robots are some of the factors expected to hinder the growth of the humanoid robot market. Nonetheless, growing geriatric population in counties such as Japan and China is anticipated to present lucrative opportunities to the humanoid robot market during the forecast period. Humanoid robots can be used to help aged people with their daily activities.

Download TOC at https://www.transparencymarketresearch.com/sample/sample.php?flag=T&rep_id=36854

The global humanoid robot market can be segmented on the basis of component, application, and region. Based on component, the humanoid robot market can be divided into hardware and software. The hardware segment of the humanoid robot market can be further classified into sensor, actuator, controller, power source, and others. Rise in adoption of artificial intelligence algorithms in humanoid robots to boost robots’ performance is expected to a primary reason for the leading market share of the software segment. In terms of application, the humanoid robot market can be categorized into personal assistance, education, search & rescue, entertainment, research & space exploration, public relations, and others. Increase in implementation of robots in retail outlets to enhance customer experience is expected to push the revenues of public relations segment of the humanoid robot market. Geographically, the global humanoid robot market can be segmented into North America, Europe, Middle East & Africa, Asia Pacific, and South America. Asia Pacific is expected to contribute a substantial revenue share to the humanoid robot market during the forecast period owing to growing geriatric population in countries such as China, India, and Japan.

About Us

“Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.

TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.”

Leave a Reply

Your email address will not be published. Required fields are marked *

Designed by CyFocus.com
Powered by CyFocus.net