Japan Humanoid Robot Market Size & Outlook, 2023-2030
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Japan humanoid robot market highlights
- The Japan humanoid robot market generated a revenue of USD 63.6 million in 2023 and is expected to reach USD 226.9 million by 2030.
- The Japan market is expected to grow at a CAGR of 19.9% 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.
Humanoid robot market data book summary
| Market revenue in 2023 | USD 63.6 million |
| Market revenue in 2030 | USD 226.9 million |
| Growth rate | 19.9% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Software |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Japan accounted for 4.8% of the global humanoid robot market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan humanoid robot market is projected to lead the regional market in terms of revenue in 2030.
- South Korea is the fastest growing regional market in Asia Pacific and is projected to reach USD 183.5 million by 2030.
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Humanoid Robot Market Scope
Humanoid Robot Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 69.81% in 2023. Horizon Databook has segmented the Japan humanoid robot market based on hardware, software covering the revenue growth of each sub-segment from 2018 to 2030.
Japan humanoid robot market is anticipated to register the fastest growth rate during the forecast period. Advanced healthcare systems, with a strong focus on innovation and technological advancements, are boosting market growth.
For example, Rosemary's Robot Baby CB2 is a humanoid robot developed by the Graduate School of Engineering at Osaka University. This robot, which simulates the movements of a young child and is abbreviated as "Child-Robot with Biometric Body," has captivated global audiences with its unique capability to react to auditory stimuli by moving and altering its facial expressions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan humanoid robot market, including forecasts for subscribers. This country databook contains high-level insights into Japan humanoid robot market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Japan humanoid robot market report size, by component, 2018-2030 (US$M)
Japan Humanoid Robot Market Share, 2023 & 2030 (US$M)
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