Honda Motor Co. Ltd.

Company Snapshot

Founded: 1948
Entity Type: Public
Employees: 197039
Region: North America
Revenue: $141,551.2 Millions
Revenue Year: 2023
Headquarter: Tokyo, Japan
Key Geographics: Japan, North America, Europe, Asia, Other

Company Overview

Honda Motor Co. Ltd., a major player in the automotive industry, has also made significant progress in the robotics market, particularly in the development of humanoid robots. The company’s robotics division has produced notable creations like the ASIMO robot. ASIMO, with its humanoid design and impressive capabilities in mobility and interaction, has been assisting humans in various tasks, from household chores to healthcare settings. Technology developed as part of the Asimo program has been fed into Honda avatar robot to develop mobility devices for the aging population, including a pair of strap-on power assist devices for human legs.

The company’s involvement in the robotics market extends beyond humanoid robots, with the company exploring applications in areas like manufacturing automation and mobility solutions. By incorporating robotics into its production processes, it aims to streamline operations, improve precision and optimize efficiency in manufacturing plants.

Honda Motor Co. Ltd. In Reports

Global Market for Hydrogen Trucks

Our detailed report on the hydrogen trucks market scenarios 2024 is considered a base year, 2025 is an estimated year, and the market values are forecasted for five years until 2030.

Vehicle-to-Grid (V2G): Global Market

BCC Research Market Analyst says global market for Vehicle-to-Grid (V2G) is expected to grow from $6.3 billion in 2025 and is projected to reach $16.9 billion by the end of 2030, at a CAGR of 21.7%.

Robotics: Technologies and Global Markets

BCC Research Market Analyst says global market for robotics was valued at $67.9 billion in 2023. The market is expected to grow from $78.4 billion in 2024 to $165.2 billion by the end of 2029 at a CAGR of 16.1%.

Company's Business Segments

  • Motorcycle Business : Motorcycles, ATVs, Side-by-Sides of Honda
  • Automobile Business : Expansion of the commonality ratio of core models such as the CR-V, CIVIC, ACCORD among others
  • Power products and Other business : Engine (GXE2.0H), Generator (EU18i), Miimo Robotic Lawn Mower, Water Pump (WB20XT), GX160, HRG416

Applications/End User Industries

  • Marine
  • Aviation
  • Automobiles
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