Humanoid robot market to grow to $4 billion in five years

The market for humanoid robots is forecast to grow to $4 billion in about five years, according to a new report by ReportsnReports

The researcher values the current market at approximately $320 million in 2017. So that would mean annual growth of more than 50 per cent.

Humanoids include such robots as Pepper and Nao, which are owned by SoftBank Robotics, as well as Emiew, produced by Hitachi, and Honda’s famous Asimo, although that one is more of an exhibition robot.

The others, like Nao and Pepper, for example, are already finding many buyers. SoftBank says it has sold 10,000 units of Nao, and it releases batches of 1,000 at a time of the Pepper robot, and it sells out online within minutes.  Continue reading Humanoid robot market to grow to $4 billion in five years

Japanese companies prepare to bring forward new generation of humanoid collaborative robots capable of a variety of industrial work

 

There was a time when Japanese electronics companies were the Apples and Googles of the world, with everyone buying their products and talking about them in the media.

Many of those same formerly pre-eminent names today play second fiddle to the Silicon Valley tech giants.

But while they may not be discussed as much as they were in the past – and their products not as ubiquitous in the consumer market – Japanese companies still loom large in the industrial sector.  Continue reading Japanese companies prepare to bring forward new generation of humanoid collaborative robots capable of a variety of industrial work