Latest News- AI-Powered Humanoid Robots Market: Hardware is expected to lead the Component segment during 2025-2029

The AI-Powered Humanoid Robots Market is being driven by Unprecedented advances in AI and ML

The AI-Powered Humanoid Robots Market is expected to grow at a CAGR of 35.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 3715.8 million. The AI-powered humanoid robots market is witnessing a significant shift as leading robotics hardware companies and elite artificial intelligence research organizations collaborate to advance the technology. Recognizing that the development of autonomous humanoids necessitates a harmonious blend of complex disciplines - the physical embodiment and the cognitive engine - industry pioneers are forging strategic alliances to expedite progress. Notably, Figure AI and OpenAI announced their partnership in February 2024, symbolizing this emerging trend in the market. This collaboration underscores the understanding that mastering both domains independently is a formidable challenge, and by combining expertise, these organizations aim to propel the industry forward. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Component
  • Hardware
  • Software
  • Services
• Type
  • Wheel driven robots
  • Biped robots
• Application
  • Personal assistance and caregiving
  • Research and development
  • Education and entertainment
  • Others
• Geography
  • North America
    • Canada
    • US
  • APAC
    • China
    • India
    • Japan
    • South Korea
  • Europe
    • Germany
    • UK
    • France
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Unprecedented advances in AI and ML
• Chronic labor shortages and rising operational costs
• Surge in strategic investment and high-profile corporate backing

However, the market also witnesses some limitations, which are as follows:

• Prohibitive cost and unproven return on investment
• Technological immaturity and overarching safety concerns
• Complexity of AI embodiment and real-world generalization

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Market Scope in AI-Powered Humanoid Robots Market Research Report

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Research Analysis Overview

In the AI-Powered Humanoid Robots Market, key considerations include actuator selection based on criteria such as torque, speed, and power. Motion planning strategies utilize sensory data and cognitive architecture for effective decision-making processes. Task planning systems employ error recovery mechanisms and fault tolerance systems for robust performance. Calibration methods ensure software architecture compatibility, while real-time operating systems and embedded systems design optimize energy consumption. Cloud robotics platforms provide data security measures and privacy preserving techniques for humanoid robot programming. Robotics simulation tools, testing and validation, and performance benchmarks ensure quality and reliability. Material science applications and manufacturing processes focus on durability, while cost optimization strategies and deployment plans consider long-term maintenance procedures and service life prediction. Remote monitoring systems enable efficient maintenance and system integration.

Market Research Overview

The AI-Powered Humanoid Robots market is a segment of the broader application software industry, focusing on the development and production of specialized software for humanoid robots. These robots incorporate advanced technologies such as humanoid locomotion, AI-powered dexterity, natural language processing, and computer vision systems. The market size is determined by the combined revenue generated by companies engaged in this niche, including those offering cloud-based solutions. This sector falls under the application software category, which encompasses enterprise and technical software, excluding companies producing interactive home entertainment software or systems/database management software.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

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