Humanoid Robots Market Dynamics Impacted by Novel Coronavirus Outbreak
Market Research Future (MRFR), in its latest report on the global Humanoid robots market 2020, explains the causes that are likely in impact the market across the assessment period. Along with the report, a detailed study of the COVID 19 impact on the humanoid robot market is provided. The increase in the need to solving issues regarding bipedal locomotion, audio-visual perception, dexterous manipulation, adaptive control and learning, and human-robot interaction are boosting the demand for humanoid robots. This is expected to promote the expansion of the humanoid robot market across the assessment period. The constant development made by the robotics industry in advancement of robots can support the expansion of the market across the assessment period. The introduction of specialized industrial robots can support the market rise in the years to come. The development of general purpose humanoid robots can also boost the expansion ofHumanoid robots market.
Market Segmentation
The global humanoid robot market segment study is based on motion, component, and application.
The component based segments of the global humanoid robot market are software and hardware. The hardware segments are sensor, control system, actuator, power source, and others. The ease of availability of humanoid robot hardware can boost the expansion of the market in the years to come.
The motion based segments of the global humanoid robot market are bipedal and wheel drive. The increase in the need for bipedal humanoid robot and rise in demand for wheel drive humanoid robot can promote the expansion of the market through the assessment period.
The application based segments of the global humanoid robot market are search and rescue, public relations, personal assistance, research & space exploration, education and entertainment, retail, and caregiving among others. The high rate of adoption of humanoid robot by cash-rich research & space explorations can promote the expansion of the market in the study period.
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Key players
Toshiba (Japan), Ubtech Robotics(US), Robo Garage Co.(Japan), Engineered Arts(UK), DST Robot Co., Ltd (South Korea), Hajime Research Institute(Japan), Honda Motor Co., Ltd.(Japan), Hanson Robotics(Hong Kong), Willow Garage(US) , Istituto Italiano Di Tecnologia(Italy), Qihan Technology Co.(China), Kawada Robotics (Japan), Samsung Electronics(South Korea), WowWee Group Limited(Hong Kong), ROBOTIS(Republic of Korea) , SoftBank Robotics Corp. (Japan)., Pal Robotics(Spain), and Toyota Motor Corporation(Japan) are some prominent players operating in the global humanoid robot market.
Regional Analysis
Regional trends of the humanoid robot market are studied across Europe, APAC, North America, and the rest of the world.
In Asia Pacific, the humanoid robot market can rise due to the increase in the demand for enhanced customer experience in regions, across Japan and other part of APAC. The presence of reputed humanoid developers in the region is expected to boost the expansion of the regional market in the Asia Pacific region. In North America, the rise in deployment of artificial intelligence, machine vision through AI, and machine learning, and IoT can support the expansion of the humanoid robot market across the study period. Increase in the utility of humanoid robot in space exploration activities can support North America humanoid robot market through the review period. The presence of reputed space tech companies in the region and the booming robotics sector can support the expansion of humanoid robot market across the study period. In Europe, the growing adoption of humanoid robots in the booming and cash rich aviation sector of the region can support the expansion of the market through the assessment period. The availability of required and advanced technological expertise can also bolster EU humanoid robot market growth in the years to come.
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TABLE OF CONTENTS:
- Market Introduction
- Research Methodology
- Market Dynamics
- Executive Summary
- Market Factor Analysis
- Humanoid Robots Market, By Segments
- Competitive Analysis
Continued…
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