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Low-Cost Robots Are Coming—And They're Here to Work

The U.S. humanoid robot market is experiencing significant growth, driven by advancements in robotics and artificial intelligence. In 2023, the market was valued at approximately $583.7 million and is projected to reach $1.79 billion by 2030, reflecting a compound annual growth rate (CAGR) of 17.4% . This growth is attributed to increasing demand across various sectors, including logistics, healthcare, and retail.(Grand View Research)

Globally, the humanoid robot market is also on an upward trajectory. In 2024, the market was estimated at $2.03 billion and is expected to grow to $13.25 billion by 2029, with a CAGR of 44.1% . This expansion is fueled by technological advancements and the integration of AI, enhancing the capabilities and applications of humanoid robots.(MarketsandMarkets)

In the realm of robot preventive maintenance, the global market was valued at $6.60 billion in 2024 and is anticipated to reach $19.12 billion by 2034, growing at a CAGR of 11.22% . This growth underscores the increasing importance of maintenance services in ensuring the longevity and efficiency of robotic systems.(Market Research Future)

These trends indicate a robust and expanding market for humanoid robots and associated maintenance services, presenting significant opportunities for companies operating in this space.