THNQ - Top 6 Humanoid Robot Companies To Consider As A New Trend Potentially Takes Off
2024-04-22 11:36:28 ET
Summary
- The global market for humanoid robots is projected to reach $38 billion by 2035, with potential shipments of 1.4 million to 6.5 million units per year.
- Tesla's Optimus humanoid robot is leading the way, with other companies like Agility Robotics, Boston Dynamics, Figure AI, Sanctuary AI, and UBTECH Robotics also making advancements.
- Risks include technology development, high costs, public acceptance, legal issues, and company and stock market challenges.
A brief look at the humanoid robot sector and its outlook
A 'humanoid robot' is a robot resembling the human body. They have been around for many years ; however, in more recent years, the growth of artificial intelligence ("AI") has led to a greater interest and rapid advancements.
The announcement that Tesla, Inc. (TSLA) was developing a humanoid robot first came in August 2021 , and was followed in September 2022 with a prototype named "Optimus" shown at AI Day. Since then, Optimus has dramatically improved and may be now (or soon) in use in Tesla's factories....
Top 6 Humanoid Robot Companies To Consider As A New Trend Potentially Takes Off