Humanoid Robot Companies

The humanoid robot market to grow from USD 2.03 billion in 2024 and is expected to reach USD 13.25 billion by 2029, growing at a CAGR of 45.5% from 2024 to 2029. Advancements in artificial intelligence (AI) and machine learning (ML) is driving the growth of humanoid robot market. Key technologies such as deep learning, natural language processing (NLP), and computer vision are enabling robots to process vast amounts of data, recognize patterns, and make decisions with minimal human intervention.

SoftBank Robotics (Japan), ROBOTIS (South Korea), Agility Robotics (US), UBTECH Robotics (China), and Pal Robotics (Spain) were among the major players operating in the humanoid robot market. These players have been adopting various growth strategies, such as product launches, partnerships, and collaborations, have been adopted by these companies to achieve growth in the humanoid robot market. From 2020 to 2023, these strategies have helped key players broaden their customer base and strengthen their product portfolios.

To know about the assumptions considered for the study download the pdf brochure

Major Humanoid Robot companies include:

• SoftBank Robotics (Japan)
• ROBOTIS (South Korea)
• Agility Robotics (US)
• UBTECH Robotics (China)
• Pal Robotics (Spain)

SoftBank Robotics Group

SoftBank Robotics Group is one of the leading manufacturers of bipedal humanoid robot wheeled drive technology. The Pepper Robot developed by the company have found applications in areas such as banking, hospitality, and healthcare. personal assistance, education, entertainment and research. The company focuses on creating humanoid robots that can fit into current systems and workflows for a variety of industries and environments.

ROBOTIS

ROBOTIS is a leading global provider of humanoid robots and robotic hardware. They produce the DYNAMIXEL all-in-one smart servo. They sell everything from humanoid robots, robot parts and kits. The ROBOTIS OP3 is an inexpensive miniature humanoid robot platform that offers features such as face, color and shape detection. ROBOTIS MINI is used to offer students and easily programmable miniature humanoid robot. The THORMANG3 is a full-sized humanoid robot that is characterized by its high payload (over 5 kgs) while still offering advanced computational power.

UBTECH ROBOTICS CORP LTD.

UBTECH ROBOTICS CORP LTD. is a high-tech enterprise engaged in R&D, manufacturing, and marketing of robots worldwide. It is one of the leading humanoid robotics and Al companies. The company was established to manufacture digital servos, a core part of humanoid robots. Its product portfolio includes enterprise service robots, consumer humanoid robots, UV-C robots. UBTECH has developed humanoid robots for use in offices and homes. The robots include 36 high- performance servo joints and a full range of sensory systems. Walker is capable of smooth and fast walking and flexible and accurate handling.

PAL Robotics

PAL Robotics manufacturers humanoid robots, including the TALOS which is known for their adaptability and functionality across various sectors such as health, management, and retail. The company has partnered with serval players to enhance its market presence. In June 2024, PAL Robotics (Spain) partnered with Advanced Navigation (Australia) to enhance the performance of their humanoid robots using the Orientus IMU/AHRS: the TALOS and Kangaroo. With this partnership it focuses on enhancing the robots' balance and dynamic motion which is a key need in completing sophisticated tasks. The high-frequency measurement of Orientus ensures great accuracy while also being highly responsive to make it effective during subtle but firm movement changes needed by such robots.

Agility Robotics

Agility Robotics is involved in designing and developing biped and running robots with advanced mobility and agility, efficiency, and intelligence. The company's humanoid robot, Digit, addresses the movement limitations of traditional robots so that robots can work in environments designed for humans. In March 2023, Agility Robotics launched the next generation of Digit with a focus on logistics tasks. Agility is also launching the Agility Partner Program for companies interested in deploying Digit in their operations.

Related Reports:

Humanoid Robot Market by Biped Robots, Wheel Drive Robots, Sensors (Gyroscopes, Accelerometers, Tilt Sensors, Position Sensors, Vision Sensors, Torque Sensors), Actuators (Electrical, Pneumatic, Hydraulic, Piezoelectric) - Global Forecast to 2029

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103
Delray Beach, FL 33445
USA : 1-888-600-6441
[email protected]