Humanoid Robot Market May Hit $200 Billion by 2035 as China Leads at 85% of Installations
Updated
Updated · CNBC · Jun 3
Humanoid Robot Market May Hit $200 Billion by 2035 as China Leads at 85% of Installations
3 articles · Updated · CNBC · Jun 3
$200 billion by 2035 — up from roughly $2 billion to $3 billion today — is Barclays' forecast for the humanoid robot market, with investors calling the technology a major next wave of AI.
2030 marks the end of the first deployment phase, centered on manufacturing, logistics, agriculture and construction, where robots are already handling simple lifting and assembly-line tasks to ease labor shortages.
After 2030, Barclays expects expansion into healthcare, elderly care, education and hospitality, arguing that services will unlock the biggest opportunity in Western economies.
China installed 85% of humanoid robots last year and about half of all industrial robots globally, producing machines at roughly $50,000 — about half Western costs — while U.S. players remain in catch-up mode.
Investors from SoftBank, Jupiter and Wedbush say the shift could reshape homes, factories and consumer spending over the next decade, though they also flag governance and safety risks.