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Humanoid Robot Market to grow by USD 59.18 Billion from 2025-2029, Driven by Demand for Enhanced Visibility and Flexibility in Industrial Operations, AI Impact – Technavio

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NEW YORK, Feb. 3, 2025 /PRNewswire/ — Report on how AI is redefining market landscape – The global humanoid robot market size is estimated to grow by USD 59.18 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 70.4% during the forecast period. Demand for enhanced visibility and flexibility in industrial operations is driving market growth, with a trend towards growing demand of humanoid robot owing to emergence of smart manufacturing. However, ethical issues with humanoid robots poses a challenge. Key market players include Engineered Arts Ltd., EZRobot Inc., Figure AI Inc., HAHN Group GmbH, HANSON ROBOTICS Ltd., Hasbro Inc., Honda Motor Co. Ltd., Hyundai Motor Co., Invento Research Inc., Kawada Robotics Co. Ltd., Macco Robotics, PAL Robotics, Promobot LLC, ROBOTIS Co. Ltd., Toyota Motor Corp., Trossen Robotics, UBTECH Robotics Inc., and United Robotics Group GmbH.

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Humanoid Robot Market Scope

Report Coverage

Details

Base year

2024

Historic period

2019 – 2023

Forecast period

2025-2029

Growth momentum & CAGR

Accelerate at a CAGR of 70.4%

Market growth 2025-2029

USD 59176.5 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

50.0

Regional analysis

North America, APAC, Europe, Middle East and Africa, and South America

Performing market contribution

North America at 40%

Key countries

US, Japan, China, South Korea, Canada, Germany, UK, UAE, France, and Brazil

Key companies profiled

Engineered Arts Ltd., EZRobot Inc., Figure AI Inc., HAHN Group GmbH, HANSON ROBOTICS Ltd., Hasbro Inc., Honda Motor Co. Ltd., Hyundai Motor Co., Invento Research Inc., Kawada Robotics Co. Ltd., Macco Robotics, PAL Robotics, Promobot LLC, ROBOTIS Co. Ltd., Toyota Motor Corp., Trossen Robotics, UBTECH Robotics Inc., and United Robotics Group GmbH

Market Driver

The humanoid robot market is experiencing significant growth, driven by trends in healthcare, product launches, and the entertainment industry. Robotics research in neurosciences and cognitive sciences is leading to advancements in functionality and behavior. Investors are showing interest in robotics engineering for eldercare and mobility impairments, with applications in ultraviolet germicidal cleaning and surveillance. The media sector is exploring robotics solutions for digital transformation, while funding is being allocated for research and development in robotics, AI, and battery technologies. Automotive companies are integrating robots into their manufacturing processes due to labor shortages. Space exploration and isolation situations are driving the need for advanced robotics. Robotics industry growth is also fueled by technological advancements in hardware costs, sensors like lidar and 3d/depth cameras, and high-performance computing. 

Smart manufacturing is a modern industrial approach that leverages advanced computing, analytics, and IoT-integrated technologies to optimize production processes. Objectives include flow optimization, customization, asset tracking, predictive maintenance, and real-time inventory management. The growth of automation, electrification, data integration, human-machine interaction, and connectivity has driven the adoption of smart manufacturing. In the automotive industry, IoT-enabled sensors are integrated into manufacturing, assembly line, and warehousing equipment to enhance efficiency and productivity. 

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Market Challenges

The humanoid robot market is experiencing significant growth, with applications in various industries such as healthcare, entertainment, and robotics research. However, product launch faces challenges in neuroscience and functionality, requiring substantial investment from investors. In healthcare, humanoid robots offer solutions for eldercare and mobility impairments. In the entertainment industry, they provide personal assistance and behavior modeling. Robotics engineering and neurosciences are essential for developing advanced sensory abilities and artificial intelligence. The robotics industry is also exploring robotics in space exploration, neurosciences, and service duties. Isolation and mobility are key challenges, requiring advancements in hardware costs, battery technologies, and high-performance computing. The market growth is driven by technological advancements, labor shortages, and digital transformation. Funding is crucial for research and development in robotics, cognitive sciences, and AI. Investors are keen on commercial investment in areas like delivery, kiosks, and surveillance. Challenges include hardware costs, software engineering, and staffing skilled workers. Automotive companies and manufacturing firms are adopting robotics solutions for production. The robotics fund is focusing on next-generation sensors, radar, and 3D/depth cameras. Government support and research are essential for the robotics industry’s growth.The humanoid robot market faces ethical challenges that could hinder its growth. Unemployment is a significant concern as humanoid robots may replace human labor, leading to job losses. Ethical issues also include privacy concerns, inaccurate data usage, and control and use of data and systems. Accountability and liability are other concerns, as well as the potential loss of human decision-making. These factors may restrain the expansion of the global humanoid robot market during the forecast period.

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Segment Overview 

This humanoid robot market report extensively covers market segmentation by

ApplicationPersonal Assistance And CaregivingResearch And Space ExplorationEducation And EntertainmentSearch And RescuePublic RelationsComponentHardwareSoftwareGeographyNorth AmericaAPACEuropeMiddle East And AfricaSouth AmericaMotion TypeBipedWheel Drive

1.1 Personal assistance and caregiving- The personal assistance and caregiving segment of the global humanoid robot market is experiencing notable growth due to the increasing demand for robots that can help people with daily tasks and support their well-being. Humanoid robots are being designed to aid the elderly and disabled in performing activities of daily living, offer companionship, and provide mental health assistance. Key players in this market, such as HANSON ROBOTICS, Toyota, and PAL Robotics, are developing humanoid robots with a wide range of capabilities, from basic tasks to advanced functions like conversing and recognizing emotions. The aging population, rising demand for home care services, and technological advancements are driving market growth. Startups and smaller companies also create specialized humanoid robots for specific applications, such as autism therapy and mobility assistance. Overall, the personal assistance and caregiving segment of the global humanoid robot market is projected to expand significantly due to the increasing sophistication of robots and the growing need for caregiving services.

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Research Analysis

The Humanoid Robot Market is a dynamic and innovative industry that continues to push the boundaries of technology. Robot software and cognitive science are at the heart of humanoid robot development, enabling advanced capabilities such as machine learning and AI. Robot regulation ensures safety and ethical considerations are met as these advanced machines become more integrated into society. Robotic startups and companies are driving innovation in areas like robotic healthcare, space exploration, and customer service. Robot capabilities continue to expand, with autonomous robots and robotic automation becoming increasingly common. Robot research in areas like behavior science and safety is also advancing, leading to new applications and uses. Robotic conferences and workshops provide opportunities for professionals to share knowledge and collaborate on new projects. The future of humanoid robots holds endless possibilities, from caregiving and assistance to entertainment and education. Robotic adoption is on the rise, with companies recognizing the benefits of a robotic workforce for increased efficiency and productivity. Robotic technology is constantly evolving, with new features and capabilities being developed to meet the demands of various industries. Robot security is a growing concern, with companies investing in advanced security measures to protect their robotic assets. The robot industry is poised for continued growth, with new innovations and applications emerging every day.

Market Research Overview

The humanoid robot market is experiencing significant growth due to advancements in robotics engineering, neurosciences, cognitive sciences, and artificial intelligence. Product launches in healthcare, eldercare, and mobility impairments sectors are transforming the industry, with dual-arm robots and robots with sensory abilities becoming increasingly popular. Investors are showing interest in commercial investment, funding research and development, and supporting the robotics industry’s growth. The entertainment industry and media sector are integrating humanoid robots for staff members, creating new opportunities for robotics solutions. Neuroscience and robotics research are advancing the robot’s functionality, enabling them to perform service duties in isolation, quarantine, and surveillance. The robotics industry’s technological advancements, including high-performance computing, next-generation sensors, and battery technologies, are reducing hardware costs and expanding the robot’s applications in automotive, manufacturing, and delivery industries. The robotics fund is also attracting skilled workers and government support, driving the market’s growth. The robotics market growth is also impacting the mobility, ultraviolet germicidal cleaning, and autonomous delivery sectors, with robots being used for personal assistance, education, and caregiving. Voice sensors, 3D/depth cameras, and lidar are enhancing the robot’s sensory abilities, enabling them to interact with humans more naturally. The robotics industry’s digital transformation is also impacting labor shortages in various sectors, with robots being used for staff members in luxury vehicle manufacturing and staffing kiosks. The robotics solutions are also being integrated into the education sector, providing personalized learning experiences for students. The robotics industry’s future looks bright, with advancements in robotics engineering, mechanical engineering, and electrical engineering, enabling humanoid robots to perform more complex tasks and interact more naturally with humans. The robotics industry’s growth is expected to continue, driven by the increasing demand for robots in various sectors and the ongoing technological advancements.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationPersonal Assistance And CaregivingResearch And Space ExplorationEducation And EntertainmentSearch And RescuePublic RelationsComponentHardwareSoftwareGeographyNorth AmericaAPACEuropeMiddle East And AfricaSouth AmericaMotion TypeBipedWheel Drive

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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GAC Showcases Multiple Models at Canton Fair: Systemic Global Expansion as a Response to High‑Level Opening‑Up

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11 minutes ago

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October 17, 2026

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GUANGZHOU, China, Oct. 17, 2026 /PRNewswire/ — On 15 October, the 140th China Import and Export Fair (Canton Fair) kicked off in Guangzhou. Dubbed “China’s No.1 Exhibition” with a 70‑year history, it serves as a vital window for global merchants to understand China, and one of GAC’s stages to connect with the world. For international buyers, GAC serves not only as a sourcing platform but as a trusted channel for experiencing Chinese automotive innovation and building long-term local partnerships. Having made its debut in 2012, GAC has participated in the fair 30 times to date. Together with the Canton Fair, it has witnessed the transformation of Made‑in‑China products into Chinese global brands.

This transformation is reflected in GAC’s global expansion journey through a string of continuously refreshed sales figures. Overseas sales stood at 90,000 units in 2024, hit 130,000 units in 2025, and exceeded 197,000 units in January‑September 2026, representing a year‑on‑year surge of 138.9%. GAC is sprinting full steam ahead toward its annual target of 300,000 overseas units. GAC has accomplished a shift from “product export” to “system‑level global expansion”.

At the GAC booth, XT80, AION i60 and AISTALAND GX7 showcased intelligent driving, three-electric systems and premium cabins. The energy-ecology zone featured DC ultra-fast charging piles, 7 kW smart home chargers, multi-in-one electric drive units and PV-Storage-Charging-Swapping Technology, addressing range anxiety. Opening day drew buyers from Southeast Asia, the Middle East, Europe, Latin America and Africa. At the Music & Cuisine Festival, GAC built three immersive spaces blending smart mobility, Cantonese cuisine, camping and sports. The XT80, AION N60, GAC S7 and AISTALAND GT7 served as lifestyle carriers, letting guests enjoy morning tea, global cuisines and intangible cultural heritage.

GAC will advance its ONE GAC 2.0 strategy, deepening localized operations and expanding its systematic global layout. As a tribute to the Canton Fair’s 70th anniversary and a new business card for China’s auto industry, GAC will help drive Chinese intelligent manufacturing onto the global stage.

For further information about GAC, please visit https://www.gacgroup.com/en or follow us on social media.

 

SOURCE GAC

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Highland and Bath Counties, Virginia Go Live on a Shared Caliber Hosted CAD Environment

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12 minutes ago

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October 17, 2026

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Two neighboring rural counties, two dispatch centers, one common platform supporting more than 900 square miles of mountainous terrain

NORTH LITTLE ROCK, Ark., Oct. 17, 2026 /PRNewswire/ — Caliber Public Safety announced that Highland County and Bath County, Virginia went live on Caliber Hosted CAD on Tuesday, October 6, with both counties operating within a shared hosted environment. The arrangement gives each county its own dispatch operation while placing both on a common platform, creating a practical foundation for coordination between two neighboring jurisdictions.

For rural agencies, interoperability is usually a question of what happens when an incident crosses a county line. Mutual aid is routine in this part of western Virginia, where Highland County covers roughly 416 square miles with about 2,300 residents, and Bath County covers more than 500 square miles with about 4,100 residents. Together, the two counties serve a largely forested and mountainous service area with a small number of dispatchers and responders on any given shift.

The shared tenant approach addresses that directly. Each county retains the configuration, workflows, and local control it needs to run its own center. Both counties work from the same underlying platform, which removes the technical barriers that normally sit between separate CAD systems in adjacent jurisdictions.

“Two counties sharing one hosted CAD environment is not something you see often in rural public safety, and it took real coordination between both counties and our teams to get there,” said Michael Sturgeon, Senior Project Manager at Caliber Public Safety. “What matters is what the dispatchers and responders have now. Each county runs its own center the way it needs to, and neither one is working in isolation anymore.”

Capabilities Delivered

Highland County, which joined the Caliber CAD customer base with this project, is now operating Hosted CAD with integrated mapping and CJIS query, along with Google Places address validation and a LinX interface for regional information sharing. The county also uses Caliber’s Online RMS for sworn and non-sworn personnel. For dispatchers covering a county with one of the highest mean elevations east of the Mississippi River, verified addressing and immediate access to criminal justice data reduce the guesswork that slows down a call.

Bath County is operating Hosted CAD with mapping and CJIS query, plus interfaces to PulsePoint, RapidSOS with alerts. The RapidSOS connections put caller location and device data in front of the dispatcher at the start of the call, which matters in terrain where a caller may not be able to describe where they are. The PulsePoint interface extends cardiac arrest notifications to trained citizens and off-duty responders nearby, a meaningful addition in a county where response distances are long.

A Migration, Not Just an Implementation

Bath County has been a Caliber premise CAD and Online RMS customer for years. As part of this project, the county moved its premise-based system onto Hosted CAD, and Caliber completed a data conversion to bring the historical CAD databases forward into the new environment.

That piece is often the sticking point for agencies considering a move off a premise system. Years of call history, incident records, and master index data represent case continuity, state reporting obligations, and institutional knowledge. Data conversion is a formal, structured component of every Caliber implementation, with Caliber’s team managing the technical transformation, validation, and loading so that historically critical records carry over intact.

Caliber products are hosted at Nlets, the International Justice and Public Safety Network, and meet FBI CJIS policies, standards, and guidelines. The facilities include multi-site hot backup disaster recovery and redundant network paths to key state and federal entities.

Project Teams

The go-live required coordination among both counties and Caliber’s Professional Services, Deployment, Training, Engineering, and Support teams. Caliber congratulates the public safety professionals of Highland County and Bath County on a successful implementation and looks forward to a fruitful partnership.

About Caliber Public Safety

Caliber Public Safety provides integrated technology solutions for law enforcement, fire/EMS, corrections, and 911 communications agencies. The Caliber platform includes CAD, Mobile, Online RMS, and JailTracker, all built by and for public safety professionals. With a focus on reliability, interoperability, and ease of use, Caliber serves hundreds of agencies across the country, helping first responders spend less time on technology and more time serving their communities.

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SOURCE Caliber Public Safety

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ASSA ABLOY sells PKI business unit to Vista Equity Partners

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1 hour ago

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October 17, 2026

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ASSA ABLOY has signed an agreement to sell HID’s PKI business unit to Vista Equity Partners (“Vista”).

STOCKHOLM, Oct. 17, 2026 /PRNewswire/ — The PKI business unit (Public Key Infrastructure) provides digital trust, identity, authentication, encryption, and certificate management solutions. The business unit includes PKI SaaS – IdenTrust and HydrantID – credential management, and ZeroSSL.

“I find it very satisfying that with Vista, the PKI business unit and its employees and customers gain a committed long-term investor, creating new opportunities for the future and I wish them every success,” says Nico Delvaux, President and CEO of ASSA ABLOY.

“Our PKI team has built a strong business with a strong customer base, and Vista has the expertise to take it forward as the market evolves,” says Björn Lidefelt, EVP and Head of HID. “We are pleased with this outcome for our customers, our employees, and for HID.”

The divested business had sales in 2025 of MUSD 58 (approx. MSEK 570) with a strong operating margin.

The divestiture is subject to customary closing conditions and is expected to close during the fourth quarter of 2026.

For more information, please contact:
Nico Delvaux, President and CEO, tel. no: +46 8 506 485 82
Erik Pieder, CFO and Executive Vice President, tel. no: +46 8 506 485 72
Björn Tibell, Head of Investor Relations, tel. no: +46 70 275 67 68, e-mail: bjorn.tibell@assaabloy.com

About ASSA ABLOY
ASSA ABLOY is the global leader in access solutions. Every day we help people feel safe, secure and experience a more open world. We operate worldwide with 64,000 employees and sales of SEK 152 billion, with leading positions in areas such as efficient door openings, trusted identities and entrance automation. Our innovations enable safe, secure and convenient access to physical and digital places.

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