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Humanoid robots

10 million humanoid robots shipped per year by 2035 (forecast)

BofA Global Research forecasts annual humanoid robot shipments will rise from 20,000 units in 2025 to 10 million by 2035 (1.2 million in 2030), according to the Bank of America Institute.

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Source

Figure
10 million humanoid robots shipped per year by 2035 (forecast)
Scope
World · 2025 to 2035 (forecast)
Type of figure
analyst estimate
Source
Primary Analyst publication
Publisher
Bank of America Institute
Title
Physical AI, part 2: Humanoid robots (Transformation series)
Published
Accessed
Last verified
URL
https://institute.bankofamerica.com/content/dam/transformation/physical-ai-part-2.pdf
Archived copy
No archived copy yet (the archive could not capture this page)
Primary-source note
Bank of America Institute reporting a BofA Global Research estimate.
Link check
Resolves (HTTP 200), Nov 3, 2026

“…BofA Global Research forecasts annual humanoid robot shipments will surge from 20,000 units in 2025 to 10 million by 2035, implying an 86% compound annual growth rate (CAGR)…”

Source passage: Bank of America Institute

Caveats

  • A forecast (modelled estimate by BofA Global Research), not a count.
  • Its 2025 base (20,000) is higher than other 2025 counts on this hub (IFR: almost 6,900 sold; Omdia: about 13,000 shipped), so definitions differ.
  • The report also expects 90,000 shipments in 2026 and 1.2 million in 2030 (Exhibit 2).

Figure and quote read in the live source PDF on 2026-11-03 (editorial review).

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Cite this

APA

Whirrwork. (2026, November 3). BofA Global Research forecasts annual humanoid robot shipments will rise from 20,000 units in 2025 to 10 million by 2035 (1.2 million in 2030), according to the Bank of America Institute [Statistic]. Whirrwork Research. Retrieved November 3, 2026, from https://whirrwork.com/research/stats/bofa-humanoid-shipments-2035/

Chicago

Whirrwork. “BofA Global Research forecasts annual humanoid robot shipments will rise from 20,000 units in 2025 to 10 million by 2035 (1.2 million in 2030), according to the Bank of America Institute.” Whirrwork Research. Published November 3, 2026. Accessed November 3, 2026. https://whirrwork.com/research/stats/bofa-humanoid-shipments-2035/.

MLA

“BofA Global Research forecasts annual humanoid robot shipments will rise from 20,000 units in 2025 to 10 million by 2035 (1.2 million in 2030), according to the Bank of America Institute.” Whirrwork Research, Whirrwork, 3 Nov. 2026, whirrwork.com/research/stats/bofa-humanoid-shipments-2035/. Accessed 3 Nov. 2026.

BibTeX

@misc{whirrwork_bofa_humanoid_shipments_2035,
  author       = {{Whirrwork}},
  title        = {{BofA Global Research forecasts annual humanoid robot shipments will rise from 20,000 units in 2025 to 10 million by 2035 (1.2 million in 2030), according to the Bank of America Institute}},
  howpublished = {Whirrwork Research},
  year         = {2026},
  month        = nov,
  url          = {https://whirrwork.com/research/stats/bofa-humanoid-shipments-2035/},
  urldate      = {2026-11-03},
  note         = {Original source: Bank of America Institute, Physical AI, part 2: Humanoid robots (Transformation series) (2026-03-12). Licensed CC BY 4.0}
}

Original source (APA)

Bank of America Institute. (2026, March 12). Physical AI, part 2: Humanoid robots (Transformation series). https://institute.bankofamerica.com/content/dam/transformation/physical-ai-part-2.pdf

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