The global humanoid robot market was valued at USD 1.55 billion in 2024 and is anticipated to reach USD 4.04 billion by 2030, growing at a CAGR of 17.5% between 2025 and 2030. This rapid growth is driven by increasing use of humanoid robots in surveillance and security, such as detecting unauthorized intrusions and terrorist activities.
Humanoid robots also play a vital role in research and space exploration by enabling remote connectivity. For example, in April 2022, Jane Li, an Assistant Professor of Robotics Engineering at Worcester Polytechnic Institute, and her team began developing advanced remote-controlled humanoid robots to assist healthcare workers managing patients in quarantine or isolation.
Despite substantial technological advances, public and corporate funding for humanoid robotics research continues to rise. In February 2024, Figure AI, a startup focused on humanoid robots, secured USD 675 million from investors including Nvidia, Jeff Bezos, OpenAI, and Microsoft to accelerate its development efforts. Beyond robotics, humanoid robots contribute to neuroscience and behavioral sciences research, and are increasingly present in media roles and social applications like assisting elderly individuals.
Industry innovation also fuels market expansion. For instance, Aeolus Robotics launched Aeo in January 2023, a dual-arm humanoid robot designed for various service tasks such as security, delivery, kiosk operation, eldercare, and ultraviolet germicidal cleaning. Aeo combines mobility and advanced features, enabling it to perform activities like item collection, door operation, and elevator navigation. Its design allows easy access for patients with mobility challenges, and medical professionals can use its built-in video call feature to ensure accurate medication delivery.
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Key Market Trends & Insights
Market Size & Forecast
Key Companies & Market Share Insights
Leading players in the humanoid robot market are pursuing growth through product portfolio expansion, partnerships, collaborations, mergers and acquisitions, and geographic footprint expansions.
Key Players
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Conclusion
The global humanoid robot market is poised for significant expansion, driven by increasing applications in surveillance, healthcare, research, and personal assistance. North America’s dominance reflects its robust R&D capabilities and early adoption of humanoid technologies. Advances in hardware and motion technologies, alongside rising investments from major corporations and startups, are accelerating innovation and deployment across industries. With growing societal needs for security, caregiving, and enhanced human-machine interaction, humanoid robots are set to become integral to multiple sectors, driving the market’s strong growth through 2030.