Humanoid Robot Market Size in Asia Pacific Region is Projected to Grow Exponentially By 2024
Category: #Technology  By Sachin Pashte  Date: 2019-08-13
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Humanoid Robot Market Size in Asia Pacific Region is Projected to Grow Exponentially By 2024

Humanoid robot market in Asia Pacific is predicted to grow in a significant manner. It can be accredited to the existence of large number of players followed by the increasing investments in R&D. In addition, increasing number of new players in the industry offering advanced features that is substantially contributing to the regional demand. Furthermore, the increasing deployment of humanoid robots for security and surveillance purpose across various check points is driving the MEA humanoid robot market.

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The rising demand for automation has set the pace for the growth of humanoid robot market in recent times. Pertaining to the extensive requirement of computerized machines for a variety of end-use sectors, humanoid robots are being developed on a large scale to perform tasks that may perhaps be nearly impossible for humans to perform even under ordinary circumstances. Manufacturing companies have been deploying robotic arms for decades, however, in recent times, tech advancements have enabled preprogrammed robots to depict more than mere hand movements, giving rise to the widespread evolution of humanoid robot industry.

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.

Browse key industry insights spread across 180 pages with 223 market data tables & 24 figures & charts from the report, Humanoid Robot Market in detail along with the table of contents @ https://www.gminsights.com/industry-analysis/humanoid-robot-market

Healthcare has emerged as a key arena for the expansion of humanoid robot market, as the field seen a surge of use in these machines in the form of surgical robots. Ultra-precise robot surgeons are being used for complicated surgeries like knee replacements or simple surgeries like removal of uterine fibroids with minimal blood loss and quick recovery time. Da Vinci for instance, is one of the many humanoid robot industry firms developing surgical robots that have already conducted more than two million procedures worldwide.

Companies operating in the industry include Ubtech Robotics, DST Robot, Engineered Arts, Toshiba, Softbank Robotics, Hanson Robotics, Qihan Technology, Kawada, Hajime Research Institute, Honda and Bluefrog Robotics. The industry is currently witnessing intensive competition with the rising number of players coming up with technologically advanced devices. The players operating in the industry are making huge R&D investments and gradually focusing on technological advancements to gain competitive advantage.

Some Point from 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

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

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/humanoid-robot-market

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About Author

Sachin Pashte    

Sachin Pashte

Sachin is into market research and web marketing since the last 2 years and has worked on multiple projects across various industries. He has expertise in writing promotional content for market research reports while his personal interests include the games of footbal...

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