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The market for humanoid robots was valued at USD 1.02 billion in 2021 and is anticipated to grow at a CAGR of 62.6% in terms of revenue during the projected period.
The growing use of humanoid robots for caregiving in the healthcare industry and the rising number of product launches are the main factors fueling market revenue development. The market's revenue growth is also being driven by an increase in demand for humanoid robots for underwater exploration and lifesaving. To explore coral reefs, for instance, Stanford Robotics Lab created Ocean One, a bimanual underwater humanoid robot. With the use of its stereoscopic vision, eight multidirectional thrusters, and two fully articulated arms, this robot can access areas that are inaccessible to most humans.
The Global Humanoid Bionic Robot Market Size, Scope, and Forecast 2023-2029 report has been added to the Market research collection of Market Intelligence Data. Industry experts and researchers have offered an authoritative and concise analysis of the Humanoid Bionic Robot Market with respect to various aspects such as growth factors, challenges, restraints, developments, and opportunities for growth. This report provides a pin-point analysis of changing dynamics and emerging trends in the Humanoid Bionic Robot Market. Additionally, it provides a futuristic perspective on various factors that are likely to fuel the growth of the Worldwide Humanoid Bionic Robot Market in the coming years.
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Some of the key players profiled in the study are Tesla, Xiaomi, Aldebaran robotics, TOYOTA, Softbank, Samsung, Boston Dynamics, Hanson Robotics, KOKORO, Honda, Hitachi, UBTECH Robotics Inc., and other Prominent players.
Xiaomi unveils the CyberOne, its first full-sized humanoid robot, beating Tesla Xiaomi announced many new products yesterday when they launched the Xiaomi Mix Fold 2 . Most of which were pretty cool. However, what turned out to be the highlight of the show was their first full-size humanoid robot revealed, called the CyberOne.
Competition is an important issue in any market research analysis . With the help of the competitive analysis provided in the report, players can easily study the key strategies employed by leading players in the Humanoid Bionic Robot market. The major and emerging players of the Humanoid Bionic Robot Market are closely studied considering their market share, production, sales, revenue growth, gross margin, product portfolio, and other important factors . This will help players familiarize themselves with the movements of their toughest competitors in the Humanoid Bionic Robot market.
The segmental analysis section of the report includes a thorough research study on key type and application segments of the Humanoid Bionic Robot market.
Humanoid Bionic Robot Market ( By Type )
Beyond Humanoid Bionic Robots
Replacement Humanoid Bionic Robots
Service Humanoid Bionic Robots
Others
Humanoid Bionic Robot Market ( By Application )
Industrial
Medical
Social Services
Public Safety
Disaster Relief & Rescue
Defense & Military
Others
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Important years considered in the Humanoid Bionic Robot study:
Historical year – 2017-2021;
Base year – 2023;
Forecast period ** – 2023 to 2029 [** unless otherwise stated]
If opting for the Global version of Humanoid Bionic Robot Market; then the below country analysis would be included:
– North America (the USA, Canada, and Mexico)
The North America market accounted for largest revenue share than other regional markets in the global humanoid robot market in 2021 The North America market accounted for largest revenue share in 2021 owing to advancements in humanoid robot technologies and more developed infrastructure. Rapid growth rate of the North American market is attributed to rising demand for humanoid robots in education and healthcare sectors for teaching and caregiving purposes. Furthermore, rising investments from government and market players for increasing application areas is also driving revenue growth of the market.
– Europe ( The Europe market is expected to register a steady growth rate over the forecast period. Countries in Europe are more developed in terms of healthcare and technology, which is creating major revenue opportunities for providers offering latest solutions. Robots can assist with learning and can make them more fun and interactive. Additionally, adoption of automated machinery to reduce manufacturing time and cost is directly impacted by expanding consumer demand for electronics and automobiles, which is expected to increase demand for humanoid robots in the region.)
– Asia-Pacific ( The Asia Pacific market is expected to register fastest revenue growth rate owing to technological advancements and increase in demand to improve customer experience in China and Japan. Declining hardware costs and rising demand from retail are some other factors driving revenue growth of the market. For instance, Junco Chihira, an extremely lifelike android robot, was created by Toshiba. At the Tokyo tourist office, Junco is full-time employee, which can respond to tourist inquiries with its in-built speech recognition technology. Moreover, spread of coronavirus has increased need for isolation and medical assistance, which is also increasing demand for robotic assistance and driving revenue growth of the market. )
– South America (Brazil, Argentina, Chile, Colombia, the Rest of the countries, etc.)
– the Middle East and Africa (Saudi Arabia, United Arab Emirates, Israel, Egypt, Turkey, Nigeria, South Africa, Rest of MEA)
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Reasons to Procure this Report:
(A) The research would help top administration/policymakers/professionals/product advancements/sales managers and stakeholders in this market in the following ways.
(B) The report provides Humanoid Bionic Robot market revenues at the worldwide, regional, and country levels with a complete analysis to 2029 permitting companies to analyze their market share and analyze projections, and find new markets to aim for.
(C) The research includes the Humanoid Bionic Robot market split by different types, applications, technologies, and end-uses. This segmentation helps leaders plan their products and finances based on the upcoming development rates of each segment.
(D) Humanoid Bionic Robot market analysis benefits investors by knowing the scope and position of the market giving them information on key drivers, challenges, restraints, and expansion chances of the market and moderate threats.
(E) This report would help to understand competition better with a detailed analysis and key strategies of their competitors and plan their position in the business.
(F) The study helps evaluate Humanoid Bionic Robot business predictions by region, key countries, and top companies' information to channel their investments.
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What is new in 2023?
– Major developments that can change the business landscape as well as market forecasts.
– Addition/refinement in segmentation–Increase in depth or width of segmentation of the market.
– Coverage of new market players and change in the market share of existing players of the Humanoid Bionic Robot market.
– Updated financial information and product portfolios of players operating in the Humanoid Bionic Robot market.
– Updated market developments of the profiled players.
– Any new data points/analysis (frameworks) which was not present in the previous version of the report
The new edition of the report consists of trends/disruptions on customer's business, tariff and regulatory landscape, pricing analysis, and a market ecosystem map to enable a better understanding of the market dynamics for Humanoid Bionic Robot.
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