Humanoid Robot Market Trends Growth Forecast Research 2017-2024 - PowerPoint PPT Presentation

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Humanoid Robot Market Trends Growth Forecast Research 2017-2024

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Request Sample of Report @ Increasing demand across the education and research sectors is expected to catapult the adoption of humanoid robot market over the forecast timeframe. Rising use of such products as a standard educational tool and research platform is contributing to the growth. Schools and institutes across various regions are increasingly utilizing the robots for STEM education as number of students are experiencing a degradation in their skills associated with these subjects. The growing enthusiasm among students for humanoid robots offering human-like interaction in the classroom is anticipated to drive the humanoid robot market – PowerPoint PPT presentation

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Title: Humanoid Robot Market Trends Growth Forecast Research 2017-2024


1
Humanoid Robot Market Trends Research And
Projections For 2017-2024 Fractovia.org
Fuel Cell Market size worth 25.5bn by 2024
2
Humanoid Robot Industry Background
  • The arrival of new industry players and the
    prevalence of growing RD activities would
    nurture the humanoid robot market in the Middle
    East. As per estimates, the Middle East humanoid
    robot market is set to expand at an impressive
    CAGR of 30 in terms of revenue over the next
    seven years. Below are a few glimpses of the
    overall humanoid robot industry trends in this
    region.
  • Recently, Saudia Arabia created a flurry across
    the globe by becoming the first country to grant
    its full citizenship to a humanoid robot. The
    robot, christened as Sophia, has been
    manufactured by Hanson Robotics, a leading
    humanoid robot industry giant based in Hong Kong.
    Interestingly, Sophia was named among the five
    knowledge ambassadors in the recently concluded
    Knowledge Summit in Dubai. Till date, Sophia has
    appeared in numerous interviews, sang in a
    concert, met with vital decision makers of
    various industries including auto manufacturing,
    insurance, banking, and property development
    among others, demonstrating the potential of
    robot brethren and exemplifying the extent of
    flourishing technological progress which is bound
    to accentuate humanoid robot market share.

3
Continued
  • As per recently published news report, a humanoid
    robot, named as Farah, initiated work as a
    receptionist at Smart Dubai, a UAE governments
    establishment. In the three-month-long
    experiment, touted to be first of its kind in the
    Middle East, Farah would interact with customers
    and enable them to register for meetings.
    Standing 1.5-meter-tall, the robot would lead the
    customers to the waiting hall or the meeting
    room.
  • The surging adoption of robots over human
    security staff for patrolling and monitoring busy
    areas has fueled the humanoid robot market in the
    Middle East. The regional governments, of late,
    have been aiming to lower the rising work-related
    stress among the police force by incorporating
    robots to collect evidence and track the
    suspects. Dubai Police, for instance, has
    recently deployed UAE's first Robocop, which will
    be used to nab parking fee dodgers and chase down
    suspects. Created by PAL Robotics, the uniformed
    bot is being described as the worlds first
    operational police robot. Furthermore, it has
    been reported that the Dubai police department is
    aiming to replace a quarter of its human staff
    with robocops by 2030.

4
China Humanoid Robot Market Size, By Product,
2016 2024 (USD Million)

5

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Robot Market _at_ http//bit.ly/2Fpkb3K Request
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6
Continued..
  • In the recent times, humanoid robot market has
    gained an exceptional prominence owing to the
    extensive demand for automation across the globe.
    Leading companies have been developing
    computerized machines to cater a diverse end-use
    arena for decades, however, rapid progression in
    technological and research space, since last few
    years, has enabled humanoid robot industry
    players to manufacture advanced robots that are
    capable of executing complex tasks.
  • In consequence, this has led to a dynamic and
    swift evolution of humanoid robot industry that
    now boasts of producing robots which are adept in
    utilizing emotion recognition technology to
    provide personalized recommendations to the
    customers of various business verticals.
    Furthermore, these robots are now being deployed
    to entertain and guide the customers with
    futuristic precision, which has indeed proved to
    be the pivotal driving force for humanoid robot
    industry growth. It would be prudent to mention
    that the global shipments of humanoid robot stood
    over 90,000 units in 2016 which further affirm
    the aforementioned statements.

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Industry Coverage

8
Continued..
  • Elaborating further, it is imperative to note
    that the robotic process automation has been
    implemented for decades, but the robots which
    were manufactured mainly deployed in the
    industrial sector and scarcely resembled the
    intricacies of human characteristics. This
    shortcoming is now being fulfilled with the
    enormous efforts to launch highly efficient and
    advanced humanoid robots, which would eventually
    foster humanoid robot industry progression in the
    ensuing years. Renowned tech companies, it is
    being observed, have also been striving toward
    producing smart bots that can learn compassion,
    empathy, creativity, and other human traits that
    would assist in comprehending and solving global
    problems too complex for humans to resolve
    themselves.
  • One of the most significant trends of humanoid
    robot market in recent times is the immense
    growth in the robotic sector and rapid entry of
    start-ups in this business vertical, which has
    intensified the competitive landscape of this
    industry. With the new entrants attempting to
    bring in advanced robots and the existing
    industry giants investing heavily in RD
    activities, in a bid to reduce the cost of
    production, the global humanoid robot market is
    set to garner considerable remuneration over the
    forthcoming years. Humanoid robot market size, as
    per a report of Global Market Insights, Inc, is
    estimated to surpass USD 5 billion by 2024.

9
Market Insight Coverage

10
Market research reports Key analytical components

11
Table of Contents
  • Chapter 4. Humanoid Robot Market, By Product
  • 4.1. Global humanoid robot market share by
    product, 2016 2024
  • 4.2. Wheel drive
  • 4.2.1. Market estimates and forecast, 2015 - 2024
  • 4.2.2. Market estimates and forecast, by region,
    2015 - 2024
  • 4.3. Biped
  • 4.3.1. Market estimates and forecast, 2015 - 2024
  • 4.3.2. Market estimates and forecast, by region,
    2015 2024
  • Chapter 5. Humanoid Robot Market, By
    Application
  • 5.1. Global humanoid robot market share by
    application, 2016 2024
  • 5.2. Retail
  • 5.2.1. Market estimates and forecast, 2015 - 2024
  • 5.2.2. Market estimates and forecast, by region,
    2015 2024
  • 5.3. Hospitality
  • 5.3.1. Market estimates and forecast, 2015 - 2024
  • 5.3.2. Market estimates and forecast, by region,
    2015 2024

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Continued..
  • 5.4. Healthcare
  • 5.4.1. Market estimates and forecast, 2015 - 2024
  • 5.4.2. Market estimates and forecast, by region,
    2015 - 2024
  • 5.5. Education scientific research
  • 5.5.1. Market estimates and forecast, 2015 - 2024
  • 5.5.2. Market estimates and forecast, by region,
    2015 2024
  • 5.6. Residential
  • 5.6.1. Market estimates and forecast, 2015 - 2024
  • 5.6.2. Market estimates and forecast, by region,
    2015 2024
  • 5.7. Military defense
  • 5.7.1. Market estimates and forecast, 2015 - 2024
  • 5.7.2. Market estimates and forecast, by region,
    2015 2024
  • 5.8. Construction
  • 5.8.1. Market estimates and forecast, 2015 - 2024
  • 5.8.2. Market estimates and forecast, by region,
    2015 - 2024
  • 5.9. Underwater systems
  • 5.9.1. Market estimates and forecast, 2015 - 2024
  • 5.9.2. Market estimates and forecast, by region,
    2015 - 2024
  • 5.10. Others

13
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