Welcome.AIWelcome.AI
    Skip to content
    AI Agents

    Humanoid Robot Sales Reach 7,000 Highlighting Market Growth Potential

    With humanoid robot sales hitting 7,000 globally in 2024, the robotics industry stands at the brink of a significant transformation, fueled by rising investments and technological advancements.

    m.economictimes.comSeptember 21, 20263 min read

    Key Facts

    • Humanoid robot sales reached 7,000, indicating a nascent market compared to 542,000 industrial robots.
    • China leads demand, showcasing potential growth, but current sales are a fraction of overall robots.
    • Many humanoids sold are for research, not productivity, highlighting a gap in immediate market utility.
    • Bank of America projects 90,000 humanoids in 2023, signaling a significant future market expansion.
    • Early adopters like carmakers use few robots, revealing cautious investment and potential competitive vulnerability.

    Summary

    In a notable development for the robotics industry, global sales of humanoid robots reached 7,000 units in 2024, a figure that highlights both the nascent stage of this technology and the immense potential for growth. This modest number stands in stark contrast to the broader robotics market, which saw approximately 542,000 industrial robots and an estimated 199,000 service robots sold in the same year. The International Federation of Robotics (IFR) has begun tracking humanoid robots, marking a significant step in understanding this emerging segment, which is attracting substantial investment and interest.

    The IFR defines humanoid robots as those that possess a human-like appearance and can operate autonomously in environments designed for human interaction. Notably, the definition does not require these robots to have legs, which allows for a broader interpretation of what constitutes a humanoid. Despite the excitement surrounding humanoid robots, Susanne Bieller, the IFR's secretary general, emphasized that the current figures represent only a fraction of the total robot population globally. This indicates that while interest is growing, the actual deployment of humanoid robots in productive roles remains limited.

    China, the world's largest market for industrial robots, is expected to be a key driver of growth in this sector. Recent events, such as the showcasing of humanoid robots performing tasks like running and boxing at robot games, signal a cultural and technological embrace of robotics that could accelerate adoption. Bank of America Global Research projects that shipments of humanoid robots will surge to 90,000 units in 2025 and reach 1.2 million by 2030. This anticipated growth reflects a broader trend where industries are increasingly exploring automation and AI integration.

    Current users of humanoid robots include automotive manufacturers, which are piloting these technologies in limited numbers—often in single or double digits. Many of the humanoid robots sold thus far are not yet contributing to productive work; instead, they are primarily acquired by research institutions or companies focused on data generation to enhance artificial intelligence models. This trend suggests that while the technology is still in its infancy, it is being leveraged for research and development purposes, laying the groundwork for future applications.

    The competitive dynamics in the robotics market are shifting as more players enter the humanoid space. Companies that invest early in humanoid technology may gain a strategic advantage as the market matures. The current landscape is characterized by a mix of established robotics firms and new entrants, all vying for a share of an anticipated boom. As the technology evolves, those that can effectively integrate humanoid capabilities into existing workflows will likely lead the charge in driving efficiencies and enhancing productivity.

    Looking ahead, the implications for businesses are significant. As humanoid robots become more capable and their costs decrease, organizations across various sectors—beyond just automotive—may find new opportunities for automation. This could lead to a redefinition of workforce dynamics, where humanoid robots complement human labor rather than replace it. The next few years will be crucial for companies to assess how they can leverage this technology to stay competitive, innovate their operations, and meet the growing demand for automation solutions. The trajectory of humanoid robots will not only reshape the robotics market but could also influence broader economic trends as industries adapt to an increasingly automated future.

    Entities Mentioned

    Companies

    Bank of America

    Products

    humanoid robots

    Technologies

    AI

    People

    Susanne Bieller

    Organizations

    IFR

    Key Concepts

    humanoid robots
    industrial robots
    service robots
    AI models
    robot statistics
    China market
    investment in robotics
    robot demonstrations

    Definitions

    humanoid robot
    A robot that has a human-like appearance and operates autonomously in environments designed for humans.
    IFR
    International Federation of Robotics, an organization that compiles and publishes robotics statistics.
    industrial robots
    Robots used in manufacturing and production processes, with a significant number installed globally.
    service robots
    Robots designed to assist humans in various tasks, such as transport, hospitality, and cleaning.
    AI models
    Artificial intelligence systems that can learn and improve from data, often enhanced by the use of humanoid robots.

    Use Cases

    • Research institutions using humanoids to generate data for AI improvement
    • Carmakers piloting humanoid robots in manufacturing plants

    Frequently Asked Questions

    What is the current global sales figure for humanoid robots?

    Humanoid robot sales reached 7,000 globally last year, which is relatively small compared to forecasts for future growth.

    What criteria must a robot meet to be classified as humanoid?

    To qualify as humanoid, a robot must have a human-like appearance and operate autonomously in environments designed for humans, although legs are not required.

    How many humanoid robots are expected to be shipped in the coming years?

    Bank of America Global Research estimates that 90,000 humanoid robots will be shipped this year and 1.2 million by 2030.

    What role do car manufacturers play in the adoption of humanoid robots?

    Carmakers are key early adopters of humanoid robots, running pilots with small numbers of robots in their production plants.

    How does the IFR collect data on humanoid robots?

    The IFR compiles its humanoid robot statistics based on supplier and national industry association data, excluding consumer and military robots.

    Where AI Leaders Stay Informed

    The latest AI intelligence, case studies, and research — delivered to your inbox every week.

    Free to read. Unsubscribe anytime.