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(Transportation-News.com, November 15, 2017 ) Market Overview
A humanoid robot is a robot with its body shape built to resemble the human body. The design may be for functional purposes, such as interacting with human tools and environments, for experimental purposes, such as the study of al locomotion, or for other purposes. In general, humanoid robots have a torso, a head, two arms, and two legs, though some forms of humanoid robots may model only part of the body, for example, from the waist up. Some humanoid robot also have heads designed to replicate human facial features such as eyes and mouths. Androids are humanoid robots built to aesthetically resemble humans.
Humanoid Robot market for software to grow at higher CAGR during forecast period
The Humanoid Robot Market for software is expected to grow at a higher CAGR during the forecast period. As the technological advancement will lead to the growing complexity in terms of features such as AI and autonomous operations, the value of the software part in the robot will grow faster than hardware as software will assist the complex functionalities to process efficiently and accurately.
Market Highlights:
The sizing of the humanoid robot market has been done using top-down and bottom-up approaches. The bottom-up approach has been employed to arrive at the overall size of the humanoid robot market from the revenues of key players (companies) and their shares in the market. Calculations are made on the basis of the number of humanoid robots used in each type of application. Finally, the volume is multiplied by the average selling price of each humanoid robot to arrive at the overall market size. In the top-down approach, the overall market size has been used to estimate the size of the individual markets (mentioned in the market segmentation) through percentage splits from secondary research (including the study of associations, databases, and journals). Major secondary sources include the International Federation of Robotics (IFR), the International Journal of Robotics Research, the Robotic Industries Association, and the Association for Advancing Automation. For the calculation of specific market segments, the most appropriate parent market size has been used to implement the top-down approach.
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Key Players:
Global Humanoid Robot market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including: Kawada, Honda, Hajime Research Institute, ROBOTIS, SoftBank, Hanson Robotics, Dongbu Robot, Engineered Arts, Willow Garage, Sanbot, Ubtech Robotics, Hanson Robotics
Market Segments:
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Wheel Drive Humanoid Robot
• Quadruped Humanoid Robot
• Biped Humanoid Robot
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Humanoid Robot for each application, including
• Educational Institutions
• Medical
• Entertainment
• Service
• Research
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Regional Analysis:
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Humanoid Robot in these regions, from 2012 to 2022 (forecast), covering
• North America
• Europe
• China
• Japan
• Southeast Asia
• India
The report also implements primary and secondary research techniques for gathering the most crucial pieces of professional information, and applies a number of industry-best techniques upon the data for projecting the future state of the global Humanoid Robot market. Based on current market development, the report includes an analysis of how activities such as mergers and shapes the market’s future.
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