Delray Beach, FL, April 24, 2025 (GLOBE NEWSWIRE) — The report “Humanoid Robot Market by Biped Robots, Wheel Drive Robots, Sensors (Gyroscopes, Accelerometers, Tilt Sensors, Position Sensors, Vision Sensors, Torque Sensors), Actuators (Electrical, Pneumatic, Hydraulic, Piezoelectric) – Forecast to 2029″ The US humanoid robot market will grow from USD 0.58 billion in 2024 to USD 3.83 billion by 2029, growing at a CAGR of 45.7% from 2024 to 2029.
The US humanoid robot market is expected to experience substantial growth, driven by increasing investments from technology companies focused on advancing AI and robotics. The North American region remains a significant contributor to market expansion, benefiting from its strong manufacturing ecosystem and technological advancements. Within North America, the US dominates the market owing to the presence of major players like Agility Robotics (US), Boston Dynamics (US), Figure (US), and Tesla (US) and continuous R&D efforts to increase the development and adoption of humanoid robots. Increased investment and funding are key catalysts for the market’s advancement. For instance, Figure (US) secured USD 675 million in February 2024 from OpenAI, Microsoft, and NVIDIA.
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List of Players in the Humanoid Robot Industry:
- Agility Robotics (US),
- Boston Dynamics (US),
- Figure (US), and
- Tesla (US)
US Humanoid Robot Market Segmentation:
Biped humanoids are expected to hold the largest share of the humanoid robot market in the US during the forecast period
Biped humanoid robots will dominate the US humanoid robot market because of their human-like mobility and flexibility across industries. Boston Dynamics’ Atlas, Tesla’s Optimus, and Figure’s Figure 02 are major leaders in developing AI-based biped robots for complex tasks in the US. These robots are gaining popularity in logistics, healthcare, retail, and personal care, driven by labour shortages and a higher demand for automation. Investment in generative AI, large …