Barclays report predicts humanoid robot market will grow to $200 billion by 2035
By
Chloe Taylor
Summary
Barclays' thematic FICC research head Zornitza Todorova predicts humanoid robotics will grow from a $2-3 billion market today to $200 billion by 2035, calling it "the decade of the robot." The bank's "AI Gets Physical" report describes humanoids as "automation 3.0," designed to fill structural labor gaps driven by aging populations and urbanization. Investors are increasingly betting on the transformative potential of humanoid robots across industry and homes over the next decade.
Source
bskyBarclays report predicts humanoid robot market will grow to $200 billion by 2035cnbc.comKey quotes
· 4 pulledHumanoid robotics is really on an upward trajectory.
The size of the market today is really small, it's 2 to 3 billion [dollars], but we see it going up to $200 billion in 2035.
Be ready for it, said one fund manager who sees enormous opportunities in the space.
Humanoids are automation 3.0.
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