North America Humanoid Robot Market Size & Outlook
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North America humanoid robot market highlights
- The North America humanoid robot market generated a revenue of USD 691.5 million in 2023.
- The market is expected to grow at a CAGR of 17.6% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 691.5 million |
| Market revenue in 2030 | USD 2,153.7 million |
| Growth rate | 17.6% (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, North America region accounted for 52.3% 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/ |
North America 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 70.41% in 2023. Horizon Databook has segmented the North America humanoid robot market based on hardware, software covering the revenue growth of each sub-segment from 2018 to 2030.
Numerous top robotics businesses and research centers that have been at the forefront of developing humanoid robot technology are located in North America. Humanoid robots have been used in a variety of fields, including research and development, education, entertainment, and healthcare in the U.S. and Canada.
Humanoid robots are being investigated by businesses and organizations in North America to enhance learning environments, assist with medical procedures, and improve customer experience. The North American market is expected to flourish owing to the result of the region's unique robotics research facilities, encouraging governmental initiatives, and robust academic-industry partnerships.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the North America humanoid robot market, including forecasts for subscribers. This continent databook contains high-level insights into North America humanoid robot market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America humanoid robot market report size, by country, 2018-2030 (US$M)
North America Humanoid Robot Market Share, 2023 & 2030 (US$M)
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