According to Cervicorn Consulting, the global humanoid robot market size is expected to reach around USD 6.72 billion by 2034 and is growing at a CAGR of 15.57% from 2025 to 2034.

The U.S. humanoid robot market size was estimated at USD 0.56 billion in 2024. The growth of the humanoid robot market is driven by various factors, including the increasing use of these robots for surveillance and security purposes, such as detecting unauthorized access and terrorist activities. Additionally, humanoid robots play a significant role in research and space exploration, enabling remote communication and connectivity. For example, in April 2022, Dr. Jane Li, an Assistant Professor of Robotics Engineering at Worcester Polytechnic Institute, along with her team, began developing advanced remote-controlled humanoid robots to assist healthcare professionals in managing patients in quarantine or isolation.

Despite notable advancements in the fundamental and technological aspects of humanoid robotics, public and private funding for these projects has become more demanding. Clear objectives and direction are now required to justify research. For instance, in February 2024, Figure AI, a startup focused on humanoid robots, secured $675 million in funding from investors like Nvidia, Jeff Bezos, OpenAI, and Microsoft to speed up the development of their robots. Beyond their robotic capabilities, humanoid robots contribute to neuroscience, cognition, and behavioral sciences. They are also being integrated into sectors like media, eldercare, and social assistance.

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The market is also being driven by the introduction of new products. For example, in January 2023, Aeolus Robotics launched Aeo, a dual-arm humanoid robot that performs a wide range of service duties, including security, delivery, and eldercare, as well as UV germicidal cleaning. Aeo is designed to be user-friendly, with features like item collection, door opening, and elevator navigation. Additionally, it includes a video call function to ensure patients receive the correct medication.

The robotics sector is undergoing a significant transformation, driven by increased commercial investments, reduced hardware costs, the entry of new international players, and growing interest in existing robotic technologies. Despite advancements, public and private funding now comes with stricter requirements for research justification. For example, in March 2023, OpenAI invested $23.5 million in 1X's Bipedal Humanoid Robot, NEO, during a Series A2 funding round.

In addition to practical applications, humanoid robotics holds promise in fields like embodiment, consciousness, neurosciences, and cognitive sciences. These robots are also becoming a part of the entertainment industry, serving as receptionists and assisting the elderly. Companies like SoftBank Robotics in Japan and PAL Robotics in Spain have made substantial investments, especially targeting service industries such as healthcare, hospitality, and retail.

The humanoid robot market is marked by ongoing innovation as companies roll out AI-powered models for a wider range of applications across various industries. Notable recent advancements include Tesla's Optimus robot and Figure AI's humanoid prototype.

Figure AI, a startup focused on creating adaptable humanoid robots, has introduced its first prototype, aimed at performing tasks across industries like warehousing and eldercare. The company has received substantial funding from major AI companies, underlining the growing potential in humanoid robotics.

Tesla's Optimus robot is another major step forward in humanoid robotics, designed to handle repetitive and hazardous tasks in manufacturing and logistics. Its AI-powered decision-making capabilities enable it to assist humans in a variety of industrial and domestic tasks, marking a significant step toward integrating humanoid robots into daily work environments.

Public and private investments are accelerating innovation in humanoid robots, especially in sectors such as healthcare, manufacturing, and hospitality. In February 2024, Figure AI raised $675 million from major investors, including Microsoft, Jeff Bezos, and Nvidia, further boosting its development.

Latest investments for humanoid robots

Meta Platforms Inc. has announced plans to establish a new division within its Reality Labs to develop AI-powered humanoid robots for physical tasks. This move positions Meta alongside competitors like Nvidia-backed Figure AI and Tesla in the robotics arena. The initiative will be led by Marc Whitten, former CEO of Cruise, as VP of robotics, and John Koryl, former CEO of The RealReal, as VP of retail.

Figure AI, a robotics startup specializing in humanoid robots for factory and home use, is reportedly aiming to raise between $1 billion and $2 billion, targeting a valuation of $39.5 billion. The company has attracted investments from tech giants including Jeff Bezos, Microsoft, Nvidia, Intel, Amazon, and OpenAI.

Nvidia is shifting its focus to robotics as a new growth driver, planning to launch its new Jetson Thor compact computers for humanoid robots in early 2025. The company has invested in several robotics startups, including Figure AI, and collaborates with companies like Toyota, Boston Dynamics, and Amazon, which uses Nvidia's robotics simulation technology in its warehouses.

Apptronik, an Austin-based robotics company, has partnered with supply chain giant Jabil to test its humanoid Apollo robots in factory settings. If successful, Jabil will also manufacture the Apollo robots, potentially allowing the robots to build themselves.

MIPS, a Silicon Valley company known for its computing architecture, has announced a strategic shift toward designing chips for AI-enabled robots, including focusing on sensing, action calculation, and motor control. The company aims to develop its own chips, initially targeting the automotive industry, with market entry expected around 2027-2028.

Component Insights

By component, the hardware segment accounted for the largest market share of 68% in 2024. This hardware includes the body parts, sensors, actuators, and control systems that allow humanoid robots to perform human-like tasks. These components are essential for humanoid robots used in fields like healthcare, education, and research. For example, in March 2023, Sanctuary Cognitive Systems Corporation, in collaboration with Canadian Tire Corporation, deployed an innovative system that enables humanoid robots to have human-like intelligence in commercial settings.

The software segment is expected to grow the fastest, as humanoid robots' software enables them to interact with their environment and perform complex tasks. For instance, Halodi Robotics, part of the Ansys Startup Program, uses Ansys simulation software to create humanoid robots that assist with labor shortages in tasks like hospital logistics and grocery store restocking.

Application Insights

The personal assistance and caregiving segment led the market with a 31.68% revenue share in 2024. Humanoid robots are used in homes, hospitals, and care facilities to help with daily tasks and provide companionship, improving the quality of life for users. These robots assist the elderly and patients by ensuring timely medication delivery, monitoring vital signs, and helping with meals, among other tasks.

However, the education and entertainment sector is expected to experience the fastest growth over the forecast period. Humanoid robots are being integrated into classrooms as interactive tutors, offering personalized training in subjects like STEM and foreign languages. In entertainment, humanoid robots are used in theme parks, events, and films, engaging with audiences and performing tasks like dancing and singing.

Motion Insights

The wheel drive segment held the largest market share of 66% in 2024. Wheel drive technology provides efficient mobility and adaptability, enhancing humanoid robots' capabilities in applications like customer service and entertainment. Examples include Pepper by SoftBank Robotics and Alpha Mini by UBTECH, which both utilize wheels for easy movement and interactive features.

This segment is also expected to grow the fastest, especially in military and defense applications. Wheel-drive robots are already used in entertainment and public spaces like science fairs and theme parks, and their popularity is expected to rise in the coming years.

Humanoid Robot Market Regional Insights

North America dominated the humanoid robot market with a 47.50% revenue share in 2024 and is projected to experience the fastest growth. The region is home to numerous leading robotics companies and research centers. Humanoid robots are used in fields such as healthcare, education, and customer service. North America's market growth is driven by strong investment in research and development, government support, and robust academic-industry collaborations. For example, in December 2022, Apptronik partnered with NASA to develop Apollo, a general-purpose humanoid robot for various applications, including space exploration and healthcare.

Europe Humanoid Robot Industry Trends

The European humanoid robot market is expected to grow significantly during the forecast period, driven by increased demand from the healthcare sector and the development of advanced humanoid robots. The aging population in developed countries is also fueling market growth. In the UK, humanoid robots are gaining traction due to growing awareness of their benefits, the introduction of new robots, and increased funding for robotic research. Notably, in April 2024, the National Robotarium at Heriot-Watt University acquired Ameca from Engineered Arts, marking the first UK facility to host this advanced humanoid robot.

Germany also leads the market in terms of revenue share, thanks to a rise in public and private funding. For example, RobCo, a German robotics startup, received significant investments from Sequoia Capital and Lightspeed Venture Partners, further bolstering the market.

Asia Pacific Humanoid Robot Industry Trends

Asia Pacific holds the largest share of the humanoid robot market, with countries like Japan, South Korea, and China leading the way. Japan, in particular, is set to register the fastest growth due to its focus on advanced healthcare systems and innovation. For example, Rosemary's Robot Baby CB2, developed by Osaka University's Graduate School of Engineering, is a humanoid robot designed to simulate a child's movements and reactions to stimuli, which has garnered global attention.
China's humanoid robot market is also expected to grow significantly, driven by regulatory support and the introduction of new robots like Tiangong, a humanoid robot launched by the Beijing Humanoid Robot Innovation Center in May 2024.

Latin America and Middle East Trends

Latin America is seeing steady growth in the humanoid robot market, particularly in healthcare, where these robots can assist medical staff and improve patient care. Argentina is poised for significant market growth as the country increasingly adopts robots in various sectors.

The Middle East, particularly the UAE, is experiencing rapid growth in the humanoid robot market, driven by advancements in healthcare and technological innovation. In September 2023, RDI Robots introduced Ardi, a humanoid robot, to showcase at a RoboShow, a project that took eight months to develop.

Humanoid Robot Market Top Companies
- Engineered Arts Limited
- HANSON ROBOTICS LTD
- Honda
- HYULIM Robot Co., Ltd
- KAWADA Robotics Corporation
- ROBOTIS
- Sanbot Co
- SoftBank Robotics
- Toshiba Corporation
- Willow Garage

Market Segmentation

By Motion Type
- Wheel Drive
- Biped

By Component
- Software
- Hardware

By Application
- Search and Rescue
- Hospitality
- Personal Assistance and Caregiving
- Education and Entertainment
- Research and Space Exploration
- Others

By Region
- North America
- APAC
- Europe
- LAMEA

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