Connect with us

Technology

Humanoid Robot Market worth $50.27 billion by 2035 – Exclusive Report by MarketsandMarkets™

Published

on

DELRAY BEACH, Fla., July 6, 2026 /PRNewswire/ — According to MarketsandMarkets™, the humanoid robot market size is estimated to be USD 5.41 billion in 2026 and is projected to reach USD 50.27 billion by 2035, expanding at a CAGR of 28.1% from 2026 to 2035.

Browse 150 market data Tables and 60 Figures spread through 300 Pages and in-depth TOC on ‘Humanoid Robot Market – Global Forecast to 2035’

Humanoid Robot Market Size & Forecast:

Market Size Available for Years: 2021–20352026 Market Size: USD 5.41 billion2035 Projected Market Size: USD 50.27 billionCAGR (2026–2035): 28.1%

Humanoid Robot Market Trends & Insights:

The humanoid robot market is witnessing strong growth as companies increasingly invest in human-centric automation to support complex, repetitive, and labor-intensive tasks across industrial and service environments. Demand is driven by rising deployment of humanoid robots across manufacturing, warehousing & distribution centers, healthcare, education, hospitality & entertainment, retail, and public relations applications. Increasing adoption of biped, wheeled, and torso & stationary humanoid robots is enabling use cases such as assembly support, material handling, inspection, patient assistance, interactive learning, customer engagement, and facility operations. Continuous advancements in sensors, actuators, controllers, power systems, AI-based perception, motion planning, manipulation software, and fleet management platforms are improving robot mobility, dexterity, task accuracy, and human–robot interaction. Growing interest in physical AI, simulation-based training, robotics-as-a-service models, and scalable deployment platforms is further strengthening the role of humanoid robots in next-generation automation ecosystems.By Type, the biped segment is expected to grow at the highest rate of ~28–30% during the forecast period.By Offering, the hardware segment is estimated to hold the largest market share (~65–75%) in 2026.By Application, the manufacturing segment is expected to register the highest growth rate of 27–30% during the forecast period.By region, Asia Pacific is expected to account for more than 50% of the market share throughout the forecast period.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=99567653

Market growth is driven by the increasing demand for flexible automation across manufacturing, warehousing & distribution centers, healthcare, education, hospitality & entertainment, retail, and personal assistance applications. The rapid progress in physical AI, robot foundation models, simulation tools, and AI-enabled perception is creating strong demand for humanoid robots capable of performing repetitive, complex, and human-centric tasks. End users are increasingly exploring biped, wheel drive, and torso & stationary humanoid robots to improve productivity, support labor-intensive operations, enhance safety, and enable scalable automation. Growing investments in hardware systems such as actuation systems, perception systems, compute & control systems, communication systems, and power systems are further strengthening demand for advanced humanoid robot solutions worldwide.

‘By type, biped segment to lead market during forecast period’

Biped humanoid robots are expected to maintain a significant position in the humanoid robot market due to their ability to operate in human-designed environments and perform complex mobility-based tasks. These robots can move across factory floors, warehouses, hospitals, retail spaces, educational institutions, and public environments with limited infrastructure modification, making them suitable for flexible automation use cases. Biped humanoid robots are increasingly being explored for assembly assistance, inspection, material movement, object handling, patient support, interactive learning, guest engagement, and personal assistance applications. Their human-like form factor enables better adaptability in environments built around human movement and interaction. The increasing development of AI-enabled perception, balance control, motion planning, dexterous manipulation, actuators, and robot control systems is further strengthening the adoption of biped humanoid robots. Growing demand for human-centric automation and continuous advancements in physical AI are expected to sustain demand for biped humanoid robots throughout the forecast period.

‘By offering, hardware segment to account for largest market share during forecast period’

Hardware is expected to maintain the largest share of the humanoid robot market owing to its critical role in enabling robot mobility, manipulation, perception, control, and power management. Humanoid robots require high-value hardware components such as actuation systems, perception systems, compute & control systems, robot control systems, communication systems, power systems, structural frames, grippers, and thermal management components. These components form the core physical architecture of humanoid robots and directly influence movement accuracy, balance, dexterity, reliability, and operating performance. The segment is witnessing strong demand as companies develop biped, wheel drive, and torso & stationary humanoid robots for manufacturing, warehousing & distribution centers, healthcare, education, hospitality, retail, and personal assistance applications. Continuous improvements in actuators, sensors, processors, batteries, controllers, and motion components are further enhancing robot performance and deployment readiness. As humanoid robots move from prototype development toward commercial adoption, hardware is expected to remain a major contributor to market revenues.

Inquiry Before Buying: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=99567653

Asia Pacific to account for largest market share during the forecast period.

Asia Pacific is expected to maintain its dominant position in the humanoid robot industry, supported by strong robotics manufacturing ecosystems, increasing investments in embodied AI, and rising adoption of automation across China, Japan, South Korea, India, Singapore, and other key regional markets. Asia Pacific is expected to maintain a significant position in the humanoid robot market, supported by strong robotics manufacturing ecosystems, increasing investments in embodied AI, and rising adoption of automation across China, Japan, South Korea, India, Singapore, and other key regional markets. The region is witnessing the rapid development of humanoid robot platforms driven by advancements in AI-enabled perception, motion planning, manipulation, sensors, actuators, and robot control systems. Growing demand for flexible automation in manufacturing, warehousing & distribution centers, healthcare, education, hospitality, retail, and public-facing service applications is further supporting market expansion. Several robotics manufacturers and technology companies in the region are actively expanding their humanoid robot portfolios, improving production capabilities, and strengthening commercialization strategies. In addition, government-led robotics initiatives, industrial automation programs, and increasing interest in human-centric robots are expected to further strengthen Asia Pacific’s position in the global humanoid robot market.

Major companies operating in the humanoid robot companies include Unitree Robotics (China), AGIBOT Innovation (Shanghai) Technology Co., Ltd. (China), UBTECH Robotics (China), Leju Robotics (China), EngineAI Robotics (China), Tesla (US), ROBOTIS Co., Ltd. (South Korea), and Kawada Robotics Corporation (Japan).

Get 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=99567653

Browse Adjacent Market: Semiconductor and Electronics Market Research Reports &Consulting

See More Latest Semiconductor Reports:

Display Module Market by Optical Display Module, Electronic Display Module, OLEDOS, TFT LCD, LCOS, MicroLED, LCD, OLED, LED, Micro-LED, E-paper, Display Size (Microdisplays, Small & Medium-sized Display, Large Displays) – Global Forecast to 2032

Data Center Certification Market by Certification Type (Facility & Reliability, Operational, Sustainability & Energy), Infrastructure (IT, Power, Cooling), and End User (Cloud Service Providers, BFSI, Manufacturing) – Global Forecast to 2032

About MarketsandMarkets™ 

MarketsandMarkets™ has been recognized as one of America’s Best Management Consulting Firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

MarketsandMarkets™ SalesPlay is an AI-driven Revenue Intelligence Co-Pilot designed to help revenue teams prioritize the right accounts, identify critical changes early, and surface opportunities ahead of demand, so pipeline builds naturally and deals close with greater consistency.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/humanoid-robot-market.asp
Content Source: https://www.marketsandmarkets.com/PressReleases/humanoid-robot.asp

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/humanoid-robot-market-worth-50-27-billion-by-2035—exclusive-report-by-marketsandmarkets-302818165.html

Continue Reading

Technology

ST Engineering iDirect and MBSat Partner to Build Next-Generation Sovereign Connectivity Services Across Oman and the Middle East

Published

on

By

Intuition ground system selected to support MBSat’s planned 2027 service launch, enabling accelerated deployment, dynamic resource management and scalable service growth

HERNDON, Va., Oct. 25, 2026 /PRNewswire/ — ST Engineering iDirect today announced a strategic partnership with Mohammed Al Barwani Satellite Company (MBSat), part of Mohammed Al Barwani Group, to provide the ground system technology foundation for MBSat’s next-generation satellite gateway and network operations across Oman and the wider Middle East region. Intuition will provide a flexible, software-defined foundation to support sovereign connectivity services, enabling efficient service deployment, dynamic resource management and scalable network operations.

Intuition will deliver a turnkey ground segment solution that accelerates deployment, simplifies operations and gives MBSat the flexibility to scale services as demand grows. The software-defined platform enables dynamic resource management, service automation and seamless integration with existing and future operational systems. The solution also includes Ka-band gateway infrastructure, service provisioning and management capabilities, open API integration frameworks, training and full-lifecycle support. Together, these capabilities will help MBSat launch and operate services efficiently while adapting to evolving market requirements.

The network will leverage capacity from MB Sat-1, a sovereign MicroGEO satellite, with planned service launch in 2027, to support flexible, scalable connectivity services across the region.

The partnership reflects growing investment in sovereign communications infrastructure across the Middle East as operators seek greater control over service delivery, network expansion and long-term technology evolution.

“This partnership represents an important milestone in our efforts to build an advanced satellite communications platform in Oman and the region,” said Ammar Al Rawahi, General Manager, MBSat. “Through our collaboration with ST Engineering iDirect, we are establishing the technical infrastructure required to launch services efficiently, respond to evolving customer needs and expand into new markets, supporting the sustainable long-term growth of our business.”

“We are providing MBSat with a flexible, software-defined ground platform that integrates with its existing operational environment,” said Sridhar Kuppanna, Chief Executive Officer, ST Engineering iDirect. “This enables more efficient service deployment and operations today, with the flexibility to scale, introduce new capabilities and evolve as requirements change.”

About ST Engineering iDirect

ST Engineering iDirect, a subsidiary of ST Engineering, is a global leader in satellite communications, providing technology and solutions that enable its customers to expand their business, differentiate their services and optimize their networks. Through its portfolio of ground infrastructure, intelligent networking and advanced satellite communications solutions, the company supports operators, service providers, governments and enterprises worldwide.

View original content to download multimedia:https://www.prnewswire.com/news-releases/st-engineering-idirect-and-mbsat-partner-to-build-next-generation-sovereign-connectivity-services-across-oman-and-the-middle-east-302918467.html

SOURCE ST Engineering iDirect

Continue Reading

Technology

ST Engineering iDirect and MBSat Partner to Build Next-Generation Sovereign Connectivity Services Across Oman and the Middle East

Published

on

By

Intuition ground system selected to support MBSat’s planned 2027 service launch, enabling accelerated deployment, dynamic resource management and scalable service growth

HERNDON, Va., Oct. 25, 2026 /PRNewswire/ — ST Engineering iDirect today announced a strategic partnership with Mohammed Al Barwani Satellite Company (MBSat), part of Mohammed Al Barwani Group, to provide the ground system technology foundation for MBSat’s next-generation satellite gateway and network operations across Oman and the wider Middle East region. Intuition will provide a flexible, software-defined foundation to support sovereign connectivity services, enabling efficient service deployment, dynamic resource management and scalable network operations.

Intuition will deliver a turnkey ground segment solution that accelerates deployment, simplifies operations and gives MBSat the flexibility to scale services as demand grows. The software-defined platform enables dynamic resource management, service automation and seamless integration with existing and future operational systems. The solution also includes Ka-band gateway infrastructure, service provisioning and management capabilities, open API integration frameworks, training and full-lifecycle support. Together, these capabilities will help MBSat launch and operate services efficiently while adapting to evolving market requirements.

The network will leverage capacity from MB Sat-1, a sovereign MicroGEO satellite, with planned service launch in 2027, to support flexible, scalable connectivity services across the region.

The partnership reflects growing investment in sovereign communications infrastructure across the Middle East as operators seek greater control over service delivery, network expansion and long-term technology evolution.

“This partnership represents an important milestone in our efforts to build an advanced satellite communications platform in Oman and the region,” said Ammar Al Rawahi, General Manager, MBSat. “Through our collaboration with ST Engineering iDirect, we are establishing the technical infrastructure required to launch services efficiently, respond to evolving customer needs and expand into new markets, supporting the sustainable long-term growth of our business.”

“We are providing MBSat with a flexible, software-defined ground platform that integrates with its existing operational environment,” said Sridhar Kuppanna, Chief Executive Officer, ST Engineering iDirect. “This enables more efficient service deployment and operations today, with the flexibility to scale, introduce new capabilities and evolve as requirements change.”

About ST Engineering iDirect

ST Engineering iDirect, a subsidiary of ST Engineering, is a global leader in satellite communications, providing technology and solutions that enable its customers to expand their business, differentiate their services and optimize their networks. Through its portfolio of ground infrastructure, intelligent networking and advanced satellite communications solutions, the company supports operators, service providers, governments and enterprises worldwide.

View original content to download multimedia:https://www.prnewswire.com/news-releases/st-engineering-idirect-and-mbsat-partner-to-build-next-generation-sovereign-connectivity-services-across-oman-and-the-middle-east-302918467.html

SOURCE ST Engineering iDirect

Continue Reading

Technology

Global Security & Technology Summit Unveils Month-Long Program of Activities Ahead of December Event

Published

on

By

RIYADH, Saudi Arabia, Oct. 24, 2026 /PRNewswire/ — The Organizing Committee of the Global Security & Technology Summit (GSTS) held an introductory session today at the Ministry of Interior’s headquarters in Riyadh, bringing together representatives from the government, private, and nonprofit sectors to introduce the program of activities leading up to the summit. The upcoming summit will be held in Riyadh under the patronage of HRH Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, under the supervision of HRH Prince Abdulaziz bin Saud bin Naif bin Abdulaziz Al Saud, Minister of Interior, and organized by the Ministry of Interior in cooperation with Tuwaiq Academy.

During the session, the Organizing Committee presented the comprehensive GSTS program, comprising three key components: GSTS Month, running from November 1 to 30, 2026; the Global Security & Innovation Fair (SAIF), taking place from November 24 to 26, 2026; and the main Summit, scheduled for December 18 to 20, 2026, in Riyadh. Together, these events form an integrated program designed to advance security and technology innovation, strengthen national capabilities, and foster international cooperation.

GSTS Month will feature working groups, boot camps, training programs, knowledge-sharing sessions, and technical workshops across Saudi Arabia’s 13 administrative regions, delivered both in person and remotely in collaboration with specialized entities. The month-long program aims to develop national capabilities, identify emerging talent, enrich knowledge-sharing opportunities, and equip professionals with the knowledge and skills needed to develop innovative solutions to future security and technology challenges.

The main Summit will bring together global leaders, decision-makers, experts, and innovators to explore the future of security and technology, promote the integration of advanced technologies within the security sector, strengthen national capabilities, support innovation, and foster international cooperation, further positioning the Kingdom as a global hub for security and technology.

Showcasing the latest technological breakthroughs and security solutions, the summit will bring together government entities, private sector organizations, academic institutions, and research centers to facilitate knowledge exchange and collaboration across key fields, including cybersecurity, artificial intelligence (AI), the Internet of Things (IoT), smart security solutions, emerging technologies, and crisis management. The program will also feature main sessions, specialized discussions, and interactive exhibitions. Registration is available at gsts.sa.

Advisor to HRH the Minister of Interior and Chairman of the GSTS Organizing Committee, Ahmed Altowayan, stated that the summit builds on Saudi Arabia’s efforts to establish an advanced security and technology ecosystem focused on knowledge and innovation, keeping pace with rapid developments and future challenges.

Mr. Altowayan noted that the summit is a global platform for strengthening cooperation and exchanging expertise, anticipating future developments in security and technology, and developing strategic partnerships and innovative solutions that enhance the efficiency and readiness of security systems.

Vice Chairman of the GSTS Organizing Committee, Eng. Abdulaziz Alhammadi, said that the summit will offer a range of integrated programs and activities focused on enhancing national skills, encouraging innovation, and supporting international cooperation.

He added that GSTS Month will help build national capabilities, discover talent, and develop skills, with SAIF providing a platform for innovators and researchers from around the world to showcase leading technological solutions, while the main Summit will bring together leaders and experts to discuss the future of security and technology and explore new strategic partnership opportunities.

SAIF will take place at the Riyadh International Convention & Exhibition Center, bringing together innovators, researchers, technology talents, and industry experts from around the world to showcase promising innovations and projects across 14 fields of technology and innovation. The fair will provide opportunities to engage with project owners, including students, graduates, and entrepreneurs, and explore the different stages of innovation development through interactive zones, panel discussions on emerging security and innovation trends, and knowledge-sharing workshops led by specialists. Visitor registration is open to participants from within and outside the Kingdom through saifair.sa.

The introductory session also featured contributions from representatives of government, private, and nonprofit sector entities, alongside members of the media. Discussions focused on developing national capabilities in security and technology, strengthening students’ technical expertise, translating scientific research into practical solutions, and supporting Saudi companies in developing security and technology solutions and advancing digital transformation.

Organized by the Ministry of Interior in cooperation with Tuwaiq Academy, GSTS is produced by Tahaluf, with the Ministry of Education serving as Strategic Scientific Partner, Tahakom as Founding Partner, and Elm as Principal Partner.

Registration for participants from within and outside the Kingdom is available at gsts.sa.

Click here to view the media kit. 

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/global-security–technology-summit-unveils-month-long-program-of-activities-ahead-of-december-event-302918695.html

Continue Reading

Trending