Asia Pacific Humanoid Robot Market Size & Outlook
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Asia Pacific humanoid robot market highlights
- The Asia Pacific humanoid robot market generated a revenue of USD 291.8 million in 2023.
- The market is expected to grow at a CAGR of 17.9% from 2024 to 2030.
- In terms of segment, hardware was the largest revenue generating component in 2023.
- Software is the most lucrative component segment registering the fastest growth during the forecast period.
- Country-wise, South Korea is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 291.8 million |
| Market revenue in 2030 | USD 922.2 million |
| Growth rate | 17.9% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware, Software |
| Key market players worldwide | Hyulim Robot, Hanson Robotics, Engineered Arts, Honda Motor Co Ltd, Kawada Robotics, SoftBank Group Corp, Robotis, Willow Garage, Toshiba Corporation |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 22.1% of the global humanoid robot market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 922.2 million by 2030.
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Humanoid Robot Market Scope
Humanoid Robot Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Willow Garage | View profile | 11-50 | Menlo Park, California, United States, North America | http://www.willowgarage.com |
| Robotis | View profile | 1-10 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | https://en.robotis.com/ |
| Kawada Robotics | View profile | 11-50 | Tokyo, Tokyo, Japan, Asia | https://www.kawadarobot.co.jp |
| Engineered Arts | View profile | 1-10 | Falmouth, Cornwall, United Kingdom, Europe | https://www.engineeredarts.co.uk/ |
| Hanson Robotics | View profile | 101-250 | Tai Po, New Territories, Hong Kong, Asia | https://www.hansonrobotics.com/ |
| Hyulim Robot | View profile | 51-100 | Cheonan, Ch'ungch'ong-namdo, South Korea, Asia | http://www.hyulimrobot.com/ |
| SoftBank Group Corp | View profile | 86023 | 1-9-1 Higashi-shimbashi, Minato-ku, Tokyo, Japan, 105-7303 | https://www.group.softbank |
| Honda Motor Co Ltd | View profile | 194993 | Number 1-1, Minami-Aoyama 2-chome, Minato-ku, Tokyo, Japan, 107-8556 | https://global.honda |
| Toshiba Corporation | View profile | 10001+ | Tokyo, Tokyo, Japan, Asia | http://www.toshiba.com/tai/ |
Asia Pacific humanoid robot market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to humanoid robot market will help companies and investors design strategic landscapes.
Hardware was the largest segment with a revenue share of 69.53% in 2023. Horizon Databook has segmented the Asia Pacific humanoid robot market based on hardware, software covering the revenue growth of each sub-segment from 2018 to 2030.
The Asia Pacific region held the major share of the humanoid robot industry in 2024. A big portion of its contribution is being contributed to by nations such as Japan, South Korea, and China.
The region is a leader in the adoption since it has companies manufacturing humanoids. It is also one of the few places in the world where significant firms such as Robotis of Korea, Softbank of Japan, Invento Robotics of India, and other businesses have made progress with humanoids.
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Target buyers of Asia Pacific humanoid robot market databook
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Our clientele includes a mix of humanoid robot market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific humanoid robot market, including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific humanoid robot market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific humanoid robot market report size, by country, 2018-2030 (US$M)
Asia Pacific Humanoid Robot Market Share, 2023 & 2030 (US$M)
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