Top Companies in Humanoid Robot Market; You Really Need to Know

Market Overview:

The market size of the global Humanoid Robot market in the year 2021 is valued at 879.50 USD Million and is predicted to reach 9819.36 USD Million by the year 2028 at a 49.50% CAGR during the forecast period.  The humanoid robot market is mainly driven by factors such as the introduction of advanced features in humanoid robots, the increasing use of humanoids as educational robots, and growing demand from the retail industry for personal assistance.

Increased use of humanoid robots for security and surveillance applications such as detection of unauthorized intrusion, terror activities, and enhanced use of AI robots in the hazardous environment, as well as research and space exploration enabling connectivity from a remote distance, are primary factors that are driving the humanoid robot market growth. Furthermore, the rapid development of advanced robots to increase customer interaction and experience, as well as rising demand for robots in retail applications, are some of another market drivers for humanoid robots.

Following are the top 8 leading companies in the Humanoid Robot market:

1. SoftBank

For nearly 40 years, SoftBank Group has anticipated the major technological forces shaping our lives. With long-term value in mind, they back the companies that are driving major changes in the lives of billions of people around the globe—today, and in the future. The SoftBank Group aims to be a provider of essential technologies and services to people around the world while maximizing its enterprise value.

2. Honda Motor

Honda Motor Company, Ltd. is a Japanese public multinational conglomerate manufacturer of automobiles, motorcycles, and power equipment, headquartered in Minato, Tokyo, Japan. The company has been the world's largest motorcycle manufacturer since 1959, reaching a production of 400 million by the end of 2019, as well as the world's largest manufacturer of internal combustion engines measured by volume, producing more than 14 million internal combustion engines each year. The company became the second-largest Japanese automobile manufacturer. Honda was the first Japanese automobile manufacturer to release a dedicated luxury brand, Acura, in 1986. Aside from their core automobile and motorcycle businesses, Honda also manufactures garden equipment, marine engines, personal watercraft and power generators, and other products.

3. UBTECH ROBOTICS

UBTECH provides end-to-end AI robotic education solutions to prepare students of every stage to be future-ready. The company focuses on the application-oriented research, prospective research, and commercialization of core AI and robotic technologies. The company has launched a series of business service robots and personal / home service robots and provides smart industrial solutions to various business services, logistics, inspections, public health, and epidemic prevention.

4. Hanson Robotics

Founded by David Hanson, Ph.D., the Hanson team has built a worldwide reputation for creating robots that look and act genuinely alive, including renowned robot character Sophia the Robot. The company's innovations in AI research and development, robotics engineering, experiential design, storytelling, and material science bring robots to life as engaging characters, useful products, and evolving AI. The company's robots will serve as AI platforms for research, education, medical and healthcare, sales and service, and entertainment applications, and will evolve to become benevolent, super-intelligent living machines who advance civilization and achieve ever-greater good for all.

5. PAL Robotics

PAL Robotics is a worldwide leading company in biped humanoid robots based in Barcelona. Our mission is to develop service robots that enhance people’s quality of life. The team is composed of passionate engineers who design, craft, and customize humanoid robots to help people to push their organization to the next level. Founded in 2004 by four engineers, they have successfully built several robots for services and research, contributed to open-source projects, and participated in several robotic competitions.

6. Toyota Motor

Toyota Motor Corporation is a global automotive industry leader manufacturing vehicles in 27 countries or regions and marketing the company’s products in over 170 countries and regions. Founded in 1937 and headquartered in Toyota City, Japan, Toyota Motor Corporation employs nearly 350,000 people globally. The company strives to be a strong corporate citizen, engaging with and earning the trust of its stakeholders, and contributing to the creation of a prosperous society through all its business operations.

7. Engineered Arts

World leaders in humanoid robots for entertainment, information, education, and research. Engineered Arts Ltd produces a range of humanoids including. RoboThespian the original robot actor and Mesmer, stunning ultra-realistic robots. Engineered Arts are the UK’s leading designer and manufacturer of humanoid entertainment robots. For science centers, theme parks, and businesses looking to attract a crowd, company robots make for an experience that visitors, delegates, and audiences will never forget.

8. National Aeronautics and Space Administration

The National Aeronautics and Space Administration (NASA), is responsible for unique scientific and technological achievements in human spaceflight, aeronautics, space science, and space applications that have had widespread impacts on our nation and the world. Forged in response to early Soviet space achievements, NASA was built on the National Advisory Committee for Aeronautics (NACA), and other government organizations, as the locus of U.S. civil aerospace research and development.

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For More Information about each of these companies. Vantage Market Research Report comes up with a detailed analysis of each major player in the industry. The Study provides Global market size & share, Emerging trends, In-depth analysis of key players, Development opportunities, Sales, Revenue Forecast.