A Humanoid Robot can be defined as something that resembles like a human and having characteristics like opposable thumb, ability to walk in upright position, etc. A Humanoid robot is fully automated as it can adapt to its surroundings and continue with its goals. The characteristics features of humanoid robots include – self-maintenance, autonomous learning, avoiding harmful situations to people, property, and itself and safe interacting with human beings and the environment. Humanoid robots can do things that people can do and even things that people are unable to do and work without making any mistakes.
The Global Humanoid Robot Market was valued at USD 210.32 million in 2016 and is projected to reach USD 9,299.57 million by 2025, growing at a CAGR of 52.35% from 2017 to 2025.
The Global Humanoid Robot Market is segmented on the motion type, component, application, and region.
Motion Type: Wheel Drive, Biped
By Component: Software, Hardware , Control System, Actuator, Sensor, Power Source, Others
By Application: Research & Space Exploration, Education and Entertainment, Personal Assistance and Care giving, Public Relations, Search and Rescue , Others
The major players in the market are as follows: Robotis , Kawada Robotics , Honda Motor , Ubtech Robotics , Hanson Robotics , Toyota Motor , DST Robot Co., Hajime Research Institute, Pal Robotics, Softbank , Samsung Electronics , Behavior Labs , Macco Robotics , Ez-Robot
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These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Humanoid Robot market report comprises key factor which can be useful for any new player in the industry. It is possible due to comparative analysis and overview that is provided in the report. By focusing on all the details in the report, it is more than enough for any newcomers entering the industry so that they can get a better knowledge and study the market before making any strategic decision. The report will provide answers to the queries regarding current market scope, developments, competition, opportunities, cost, revenue and estimations.
Research study on the Global Humanoid Robot Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
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Regions Covered in this report are as Follows:
United States, North America (Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa), RoW (Rest of World).
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