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Humanoid Robot Market Worth 3,962.5 Million USD by 2023

#artificialintelligence

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.


Market for humanoid robots set to grow ten times by 2023

#artificialintelligence

A new report claims the market for humanoid robots will expand tenfold by 2023. Current estimates put its value at $320.3 million, but it's projected to reach $3.9 billion within the next six years.


Wanted: 'Friendly' human face for global army of humanoid robots. Apply within.

#artificialintelligence

In recent years, a growing number of robots have been developed with faces rendered on a screen, offering designers more flexibility in how they define a robot's personality. Last year, roboticists from the University of Washington in Seattle identified 157 different robots with rendered faces. Researchers categorized the faces according to dozens of attributes and then surveyed people about their reaction to different robotic facial styles.


Life-Size Humanoid Robot Is Designed to Fall Over (and Over and Over)

IEEE Spectrum Robotics

Roboticists worldwide are spending an obscene amount of time and effort trying to teach large humanoid robots how to not fall over. We rejoice every time there is even the smallest incremental bit of progress towards success, because not falling over is super hard, especially if you want your robot to be doing something useful. And even though some large humanoid robots can occasionally survive falling over, most of them don't enjoy it very much. Led by Kei Okada and Masayuki Inaba, a team from the University of Tokyo and Kawasaki Heavy Industries is working on their own life-sized humanoid robot, and they've come up with a new strategy for not worrying about falls: not worrying about falls. Instead, they've built their robot from the ground up with an armored structure that makes it totally okay with falling over and getting right back up again.


Inside the lab that creates creepy humanoid robots that can hold a conversation (and even DANCE!)

Daily Mail - Science & tech

A team of British engineers are building lifelike robots that can dance, talk in several languages and even scare London pub-goers. Engineering Arts is developing the automatons in a sleepy Cornish seaside town. Photos taken at the firm's factory reveal the inner-workings of how the company combines prosthetics, robotics and artistry. A team of British engineers are building lifelike robots that can dance, talk in several languages and even scare London pub-goers. This robot, described as'indistinguishable from humans', was created as part of a stunt to promote TV Series Westworld Founded in 2004, the company operating from an industrial unit in Penryn, near Falmouth, is a world leader in life sized commercially available humanoid robots.