The North America Humanoid Robot Market would witness market growth of 50.9% CAGR during the forecast period (2023-2030).
Humanoid robots are expected to coexist and collaborate closely with people while meeting the demands of physically impaired persons. These robots must be capable of handling the many different tasks and items found in dynamic, unstructured environments. Like all service robots, they add value by automating work to boost productivity and reduce costs. Additional uses include offering companionship to elderly & sick people, serving as a guide and dealing with patients within the role of a receptionist, and possibly even hosting the development of human transplant organs. A humanoid robot can perform extensive activities, from hazardous rescues to tender care.
With increased commercial investment, the emergence of regional competitors, decreasing hardware costs, and increased consumer interest in robotics, this field of robotics is experiencing significant evolution and growth. As the pandemic spread, it had a significant impact on numerous economies. The demand for personal assistance from humanoid robots in the retail industry, the use of humanoids as educational robots, the ongoing development of humanoid robots via advanced features, and the growing application of these robots in medicine are all factors influencing the market expansion.
Companion robot demand will increase due to the expansion of artificial intelligence (AI) and machine learning technologies, allowing for enhanced functionality in companion robots. Companion robot use is projected to increase over the projection period as people become more aware of the advantages of employing them. Humanoid robot prices are expected to fall due to the rapid improvements in robotics technology, making them more accessible to a larger range of people. In recent years, the United States has greatly boosted its spending on updating its aircraft production facilities. Additionally, the government authorities are planning to invest in high-tech robots in the future years. In light of the aforementioned factors, the market is projected to expand significantly across North America.
The US market dominated the North America Humanoid Robot Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $9,440.5 Million by 2030. The Canada market is poised to grow at a CAGR of 54.3% during (2023 - 2030). Additionally, The Mexico market would witness a CAGR of 52.9% during (2023 - 2030).
Based on Component, the market is segmented into Hardware and Software. Based on Application, the market is segmented into Personal Assistance & Caregiving, Hospitality, Research & Space Exploration, Education & Entertainment, Search & Rescue and Others. Based on Motion Type, the market is segmented into Wheel drive and Biped. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Humanoid Robot Market is Projected to reach USD 39.6 Billion by 2030, at a CAGR of 52.8%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Hajime Research Institute, Ltd., Hanson Robotics Limited, Honda Motor Co. Ltd., HYULIM Robot Co., Ltd., KAWADA Robotics Corporation (Kawada Technologies Co., Ltd.), PAL ROBOTICS, SoftBank Robotics Group (SoftBank Group Corporation), Toshiba Corporation, Toyota Motor Corporation and Trossen Robotics.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Application
- Personal Assistance & Caregiving
- Hospitality
- Research & Space Exploration
- Education & Entertainment
- Search & Rescue
- Others
By Motion Type
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Hajime Research Institute, Ltd.
- Hanson Robotics Limited
- Honda Motor Co. Ltd.
- HYULIM Robot Co., Ltd.
- KAWADA Robotics Corporation (Kawada Technologies Co., Ltd.)
- PAL ROBOTICS
- SoftBank Robotics Group (SoftBank Group Corporation)
- Toshiba Corporation
- Toyota Motor Corporation
- Trossen Robotics
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Humanoid Robot Market, by Component
1.4.2 North America Humanoid Robot Market, by Application
1.4.3 North America Humanoid Robot Market, by Motion Type
1.4.4 North America Humanoid Robot Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2019, Aug – 2023, Apr) Leading Players
Chapter 4. North America Humanoid Robot Market by Component
4.1 North America Hardware Market by Country
4.2 North America Software Market by Country
Chapter 5. North America Humanoid Robot Market by Application
5.1 North America Personal Assistance & Caregiving Market by Country
5.2 North America Hospitality Market by Country
5.3 North America Research & Space Exploration Market by Country
5.4 North America Education & Entertainment Market by Country
5.5 North America Search & Rescue Market by Country
5.6 North America Other Application Market by Country
Chapter 6. North America Humanoid Robot Market by Motion Type
6.1 North America Wheel drive Market by Country
6.2 North America Biped Market by Country
Chapter 7. North America Humanoid Robot Market by Country
7.1 US Humanoid Robot Market
7.1.1 US Humanoid Robot Market by Component
7.1.2 US Humanoid Robot Market by Application
7.1.3 US Humanoid Robot Market by Motion Type
7.2 Canada Humanoid Robot Market
7.2.1 Canada Humanoid Robot Market by Component
7.2.2 Canada Humanoid Robot Market by Application
7.2.3 Canada Humanoid Robot Market by Motion Type
7.3 Mexico Humanoid Robot Market
7.3.1 Mexico Humanoid Robot Market by Component
7.3.2 Mexico Humanoid Robot Market by Application
7.3.3 Mexico Humanoid Robot Market by Motion Type
7.4 Rest of North America Humanoid Robot Market
7.4.1 Rest of North America Humanoid Robot Market by Component
7.4.2 Rest of North America Humanoid Robot Market by Application
7.4.3 Rest of North America Humanoid Robot Market by Motion Type
Chapter 8. Company Profiles
8.1 Toyota Motor Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.1.6 SWOT Analysis
8.2 Honda Motor Co. Ltd.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.6 SWOT Analysis
8.3 Toshiba Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research and Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 SoftBank Robotics Group (SoftBank Group Corporation)
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental Analysis
8.4.4 Recent strategies and developments:
8.4.4.1 Partnerships, Collaborations, and Agreements:
8.4.4.2 Product Launches and Product Expansions:
8.5 KAWADA Robotics Corporation (Kawada Technologies Co., Ltd.)
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Recent strategies and developments:
8.5.4.1 Partnerships, Collaborations, and Agreements:
8.6 Hanson Robotics Limited
8.6.1 Company Overview
8.6.2 Recent strategies and developments:
8.6.2.1 Partnerships, Collaborations, and Agreements:
8.7 Hajime Research Institute, Ltd.
8.7.1 Company Overview
8.8 HYULIM Robot Co., Ltd.
8.8.1 Company Overview
8.9 PAL Robotics
8.9.1 Company Overview
8.10. Trossen Robotics
8.10.1 Company Overview
TABLE 1 North America Humanoid Robot Market, 2019 - 2022, USD Million
TABLE 2 North America Humanoid Robot Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Humanoid Robot Market
TABLE 4 Product Launches And Product Expansions– Humanoid Robot Market
TABLE 5 North America Humanoid Robot Market by Component, 2019 - 2022, USD Million
TABLE 6 North America Humanoid Robot Market by Component, 2023 - 2030, USD Million
TABLE 7 North America Hardware Market by Country, 2019 - 2022, USD Million
TABLE 8 North America Hardware Market by Country, 2023 - 2030, USD Million
TABLE 9 North America Software Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Software Market by Country, 2023 - 2030, USD Million
TABLE 11 North America Humanoid Robot Market by Application, 2019 - 2022, USD Million
TABLE 12 North America Humanoid Robot Market by Application, 2023 - 2030, USD Million
TABLE 13 North America Personal Assistance & Caregiving Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Personal Assistance & Caregiving Market by Country, 2023 - 2030, USD Million
TABLE 15 North America Hospitality Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Hospitality Market by Country, 2023 - 2030, USD Million
TABLE 17 North America Research & Space Exploration Market by Country, 2019 - 2022, USD Million
TABLE 18 North America Research & Space Exploration Market by Country, 2023 - 2030, USD Million
TABLE 19 North America Education & Entertainment Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Education & Entertainment Market by Country, 2023 - 2030, USD Million
TABLE 21 North America Search & Rescue Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Search & Rescue Market by Country, 2023 - 2030, USD Million
TABLE 23 North America Other Application Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Other Application Market by Country, 2023 - 2030, USD Million
TABLE 25 North America Humanoid Robot Market by Motion Type, 2019 - 2022, USD Million
TABLE 26 North America Humanoid Robot Market by Motion Type, 2023 - 2030, USD Million
TABLE 27 North America Wheel drive Market by Country, 2019 - 2022, USD Million
TABLE 28 North America Wheel drive Market by Country, 2023 - 2030, USD Million
TABLE 29 North America Biped Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Biped Market by Country, 2023 - 2030, USD Million
TABLE 31 North America Humanoid Robot Market by Country, 2019 - 2022, USD Million
TABLE 32 North America Humanoid Robot Market by Country, 2023 - 2030, USD Million
TABLE 33 US Humanoid Robot Market, 2019 - 2022, USD Million
TABLE 34 US Humanoid Robot Market, 2023 - 2030, USD Million
TABLE 35 US Humanoid Robot Market by Component, 2019 - 2022, USD Million
TABLE 36 US Humanoid Robot Market by Component, 2023 - 2030, USD Million
TABLE 37 US Humanoid Robot Market by Application, 2019 - 2022, USD Million
TABLE 38 US Humanoid Robot Market by Application, 2023 - 2030, USD Million
TABLE 39 US Humanoid Robot Market by Motion Type, 2019 - 2022, USD Million
TABLE 40 US Humanoid Robot Market by Motion Type, 2023 - 2030, USD Million
TABLE 41 Canada Humanoid Robot Market, 2019 - 2022, USD Million
TABLE 42 Canada Humanoid Robot Market, 2023 - 2030, USD Million
TABLE 43 Canada Humanoid Robot Market by Component, 2019 - 2022, USD Million
TABLE 44 Canada Humanoid Robot Market by Component, 2023 - 2030, USD Million
TABLE 45 Canada Humanoid Robot Market by Application, 2019 - 2022, USD Million
TABLE 46 Canada Humanoid Robot Market by Application, 2023 - 2030, USD Million
TABLE 47 Canada Humanoid Robot Market by Motion Type, 2019 - 2022, USD Million
TABLE 48 Canada Humanoid Robot Market by Motion Type, 2023 - 2030, USD Million
TABLE 49 Mexico Humanoid Robot Market, 2019 - 2022, USD Million
TABLE 50 Mexico Humanoid Robot Market, 2023 - 2030, USD Million
TABLE 51 Mexico Humanoid Robot Market by Component, 2019 - 2022, USD Million
TABLE 52 Mexico Humanoid Robot Market by Component, 2023 - 2030, USD Million
TABLE 53 Mexico Humanoid Robot Market by Application, 2019 - 2022, USD Million
TABLE 54 Mexico Humanoid Robot Market by Application, 2023 - 2030, USD Million
TABLE 55 Mexico Humanoid Robot Market by Motion Type, 2019 - 2022, USD Million
TABLE 56 Mexico Humanoid Robot Market by Motion Type, 2023 - 2030, USD Million
TABLE 57 Rest of North America Humanoid Robot Market, 2019 - 2022, USD Million
TABLE 58 Rest of North America Humanoid Robot Market, 2023 - 2030, USD Million
TABLE 59 Rest of North America Humanoid Robot Market by Component, 2019 - 2022, USD Million
TABLE 60 Rest of North America Humanoid Robot Market by Component, 2023 - 2030, USD Million
TABLE 61 Rest of North America Humanoid Robot Market by Application, 2019 - 2022, USD Million
TABLE 62 Rest of North America Humanoid Robot Market by Application, 2023 - 2030, USD Million
TABLE 63 Rest of North America Humanoid Robot Market by Motion Type, 2019 - 2022, USD Million
TABLE 64 Rest of North America Humanoid Robot Market by Motion Type, 2023 - 2030, USD Million
TABLE 65 key information – Toyota Motor Corporation
TABLE 66 key Information – Honda Motor Co. Ltd.
TABLE 67 Key Information – Toshiba Corporation
TABLE 68 Key Information – SoftBank Robotics Group Corp.
TABLE 69 Key Information – KAWADA Robotics Corporation
TABLE 70 Key Information – Hanson Robotics Limited
TABLE 71 Key Information – Hajime Research Institute, Ltd.
TABLE 72 Key Information – HYULIM Robot Co., Ltd.
TABLE 73 Key Information – PAL Robotics
TABLE 74 Key Information – Trossen Robotics
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2019, Aug – 2023, Apr) Leading Players
FIG 5 North America Humanoid Robot Market share by Component, 2022
FIG 6 North America Humanoid Robot Market share by Component, 2030
FIG 7 North America Humanoid Robot Market by Component, 2019 - 2030, USD Million
FIG 8 North America Humanoid Robot Market share by Application, 2022
FIG 9 North America Humanoid Robot Market share by Application, 2030
FIG 10 North America Humanoid Robot Market by Application, 2019 - 2030, USD Million
FIG 11 North America Humanoid Robot Market share by Motion Type, 2022
FIG 12 North America Humanoid Robot Market share by Motion Type, 2030
FIG 13 North America Humanoid Robot Market by Motion Type, 2019 - 2030, USD Million
FIG 14 North America Humanoid Robot Market share by Country, 2030
FIG 15 North America Humanoid Robot Market share by Country, 2030
FIG 16 North America Humanoid Robot Market by Country, 2019 - 2030, USD Million
FIG 17 Recent strategies and developments: Toyota Motor Corporation
FIG 18 SWOT ANALSYSIS: TOYOTA MOTOR CORPORATION
FIG 19 SWOT ANALYSIS: HONDA MOTORS CO. LTD.
FIG 20 SWOT Analysis: Toshiba Corporation
FIG 21 Recent strategies and developments: SoftBank Robotics Group