The Soaring Demand for Humanoid Robots: Market Size Expected to Reach $38 Billion by 2035

In 2024, humanoid robots experienced revolutionary technological breakthroughs and significant industrial advancements, marking the year as the "Awakening of Humanoid Robots." Global tech giants such as Microsoft, NVIDIA, and Tesla have ramped up their research and investment in humanoid robotics.

Figure 1: Application of Humanoid Robots in the Logistics Industry

1. Capital Influx and Industry Competition

The enthusiasm from the capital market has injected robust momentum into the humanoid robotics sector. According to incomplete statistics, from January to October 2024, there were 69 financing events globally in the humanoid robotics industry, with disclosed funding exceeding 11 billion RMB.

2. Application Scenarios for Humanoid Robots

Humanoid robots are expected to be deployed in factories between 2024 and 2027, undertaking repetitive and hazardous tasks, thus freeing human labor and improving production efficiency.

In addition, humanoid robots hold great potential in fields such as home services, healthcare, and educational assistance.

3. Future Prospects

Goldman Sachs predicts in its report that the global humanoid robot market will reach approximately $38 billion by 2035, with shipment volumes hitting 1.4 million units. The report forecasts the earliest factory applications of humanoid robots between 2024 and 2027, with consumer market applications expected between 2028 and 2031.

AI processors, as a critical component within humanoid robots, are anticipated to have significant market potential in the future. The AI SOM  launched by Weathink, based on the Rockchip RK3568 processor, features 1 TOPS computing power and a quad-core ARM Cortex-A55 CPU, balancing performance with low power consumption. This makes it well-suited for certain entry-level robotic applications.

WTC-RK3568S SOM:https://www.weathink.com/products/hexinban/13.html