Humanoid Robot Market Worth 3,962.5 Million USD by 2023

Browse 64 Market Data Tables and 37 Figures spread through 133 Pages and in-depth TOC on "Humanoid Robot Market - Global Forecast to 2023" The humanoid robot market for software is expected to grow at a higher CAGR during the forecast period. As the technological advancement will lead to the growing complexity in terms of features such as AI and autonomous operations, the value of the software part in the robot will grow faster than hardware as software will assist the complex functionalities to process efficiently and accurately. The biped motion type captured a larger share of the overall humanoid robot market in 2016. The actual human-like appearance can be realized in humanoids only when the robot is capable of walking on feet like humans; owing to this, a majority of the humanoid robot manufacturers are focusing on their designs to make biped robots. The Americas accounted for the largest share of the overall humanoid robot market in 2016.