Market Overview:
The global humanoids market is expected to grow at a CAGR of 16.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for humanoids in various applications such as education, research and space exploration, personal assistance, entertainment & hospitality, and other applications. North America is expected to hold the largest share of the global humanoid market in 2018 owing to the presence of key players such as SoftBank Robotics Holdings Corp., Hanson Robotics Ltd., and others in this region. Asia Pacific is projected to be the fastest-growing region during the forecast period due to rising investments by major players in this region coupled with increasing demand for humanoids from countries such as China and Japan.
Product Definition:
A humanoid is an artificial life form that resembles a human in shape and appearance. They are often used in science fiction, as they provide a way for the author to explore themes and ideas related to humans without having to use real humans.
Buyout:
Buyout is a financial transaction where one party purchases all of the shares of another company. In buyouts, the acquiring company promises to pay off all debt and make payments to stockholders in order to acquire control of the business. The target company's management may or may not choose to sell out; if they do, then it's called an "exit".
The buyout market has been growing at a steady pace for decades now.
Lease:
Lease is a contract between the lessee and the lessor in which the lessee undertakes to do or not to do certain acts for which he/she is paid by the lessor. In exchange, lease provides benefits such as use of equipment, space and facilities.
In humanoid market, lease forms an important part of finance & business plan for any new venture.
Application Insights:
The entertainment and hospitality segment accounted for a significant market share in 2017. The global humanoid robot industry is witnessing an upsurge in demand from the tourism, carnivals, and circus industries as these robots are widely used for handling unruly customers at the time of emergencies. Furthermore, due to increasing number of terrorist attacks across the globe, governments have issued new guidelines to ensure safety while using humanoids for security purposes. These factors are anticipated to drive demand over the forecast period.
The other segment includes applications such as healthcare (for assisting doctors), education (instructor/tutor), research & exploration (assistant/robot) and others (helper). Other applications dominated the overall market with a share of 33% in 2017 owing to rising R&D activities relatedto humanoids around the globe.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to retain its dominance over the forecast period as well, owing to high demand for humanoids from various application segments, such as research and space exploration; entertainment and hospitality; healthcare; and other. Moreover, increasing automation in manufacturing industries is also expected to drive regional growth over the coming years.
Asia Pacific is anticipated to be one of the fastest-growing regions during the same period owing to growing labor costs associated with deploying robots or artificial intelligence (AI) assistants in countries like Japan and South Korea. Countries like China are focusing on developing their robotics industry by 2022 Olympics so that they can compete with developed nations globally thereby driving regional growth over next eight years.
Growth Factors:
- Increasing demand for humanoids from the retail sector for customer service and interactive marketing.
- Growing demand for humanoids from the healthcare sector as assistants in hospitals, nursing homes, and rehabilitation centers.
- Increasing use of humanoids by the military and law enforcement agencies as assistants in dangerous or difficult tasks.
- The increasing use of humanoid robots in research and development laboratories to test new technologies and applications.
- The decreasing cost of humanoid robots due to advancements in robotics technology
Scope Of The Report
Report Attributes
Report Details
Report Title
Humanoids Market Research Report
By Type
Buyout, Lease
By Application
Education, Research and Space Exploration, Personal Assistance, Entertainment & Hospitality, Other
By Companies
Hanson Robotics, Honda Motor Co. Ltd, Kawada Robotics Corporation, Pal Robotics, SoftBank Robotics Group Corp., Ubtech Robotics Inc., Toyota Motor Corporation, Promobot, Invento Robotics, Robotis Co. Ltd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Humanoids Market Report Segments:
The global Humanoids market is segmented on the basis of:
Types
Buyout, Lease
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Education, Research and Space Exploration, Personal Assistance, Entertainment & Hospitality, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hanson Robotics
- Honda Motor Co. Ltd
- Kawada Robotics Corporation
- Pal Robotics
- SoftBank Robotics Group Corp.
- Ubtech Robotics Inc.
- Toyota Motor Corporation
- Promobot
- Invento Robotics
- Robotis Co. Ltd
Highlights of The Humanoids Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Buyout
- Lease
- By Application:
- Education
- Research and Space Exploration
- Personal Assistance
- Entertainment & Hospitality
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Humanoids Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Humanoids are creatures that have the form of a human, but with some features that set them apart from humans. They may have different proportions or features than humans, or they may be entirely different species.
Some of the major players in the humanoids market are Hanson Robotics, Honda Motor Co. Ltd, Kawada Robotics Corporation, Pal Robotics, SoftBank Robotics Group Corp., Ubtech Robotics Inc., Toyota Motor Corporation, Promobot, Invento Robotics, Robotis Co. Ltd.
The humanoids market is expected to register a CAGR of 16.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Humanoids Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Humanoids Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Humanoids Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Humanoids Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Humanoids Market Size & Forecast, 2020-2028
4.5.1 Humanoids Market Size and Y-o-Y Growth
4.5.2 Humanoids Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Buyout
5.2.2 Lease
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Education
6.2.2 Research and Space Exploration
6.2.3 Personal Assistance
6.2.4 Entertainment & Hospitality
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Humanoids Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Humanoids Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Buyout
9.6.2 Lease
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Education
9.10.2 Research and Space Exploration
9.10.3 Personal Assistance
9.10.4 Entertainment & Hospitality
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Buyout
10.6.2 Lease
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Education
10.10.2 Research and Space Exploration
10.10.3 Personal Assistance
10.10.4 Entertainment & Hospitality
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Buyout
11.6.2 Lease
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Education
11.10.2 Research and Space Exploration
11.10.3 Personal Assistance
11.10.4 Entertainment & Hospitality
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Buyout
12.6.2 Lease
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Education
12.10.2 Research and Space Exploration
12.10.3 Personal Assistance
12.10.4 Entertainment & Hospitality
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Buyout
13.6.2 Lease
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Education
13.10.2 Research and Space Exploration
13.10.3 Personal Assistance
13.10.4 Entertainment & Hospitality
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Humanoids Market: Competitive Dashboard
14.2 Global Humanoids Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hanson Robotics
14.3.2 Honda Motor Co. Ltd
14.3.3 Kawada Robotics Corporation
14.3.4 Pal Robotics
14.3.5 SoftBank Robotics Group Corp.
14.3.6 Ubtech Robotics Inc.
14.3.7 Toyota Motor Corporation
14.3.8 Promobot
14.3.9 Invento Robotics
14.3.10 Robotis Co. Ltd
