Global Educational Robot Market, By Component (Hardware and Software), Type (Humanoid and Non-Humanoid), Education Level (Elementary and High School Education, Higher Education, and Special Education) - Industry Trends and Forecast to 2030.
Educational Robot Market Analysis and Size
The educational robot market is segmented based on component, type, and educational level. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core influencing areas and the difference in your target markets.
Data Bridge Market Research analyses that the global educational robot market, which was USD 1,342.03 million in 2022, would rocket up to USD 5,020.60 million by 2030 and is expected to undergo a CAGR of 17.93% during the forecast period. The market for educational robots includes a wide range of products catering to different age groups and educational levels. This can range from simple and affordable programmable robots for young children to advanced robotic systems used in higher education and research institutions.
In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Educational Robot Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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By Component (Hardware and Software), Type (Humanoid and Non-Humanoid), Education Level (Elementary and High School Education, Higher Education, and Special Education)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of Middle East and Africa
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Market Players Covered
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LEGO Education (Denmark), Wonder Workshop (U.S.), UBTECH Robotics (China), Robotis, Makeblock (China), Sphero (Germany), Ozobot (U.S.), VEX Robotics (U.S.), Aldebaran Robotics (SoftBank Robotics) (Japan), Sony Global Education (Japan), KUKA AG (Germany), Hanson Robotics (Chona), TETRIX Robotics (Pitsco) (U.S.), PLEO rb (Innvo Labs) (U.S.)
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Market Opportunities
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Market Definition
The educational robot market refers to the segment of the robotics industry that focuses on developing, producing, and selling robots specifically designed for educational purposes. These robots are designed to facilitate learning and enhance educational experiences in various settings, including schools, colleges, universities, and even homes. Educational robots are equipped with specialized features, technologies, and functionalities that make them suitable for educational applications. They are designed to engage students and provide interactive and hands-on learning experiences in science, technology, engineering, and mathematics (STEM). These robots can teach programming, coding, robotics, problem-solving skills, and other relevant topic.
Global Educational Robot Market Dynamics
Drivers
- Growing emphasis on STEM education
There is an increasing recognition of the importance of science, technology, engineering, and mathematics (STEM) education. Educational robots offer a hands-on and interactive way to teach these subjects, driving their demand in schools and educational institutions.
- Technological advancements
Advancements in robotics and artificial intelligence technologies have made educational robots more sophisticated, interactive, and capable of providing personalized learning experiences.
Opportunities
- Increasing adoption of ed-tech solutions
The broader adoption of educational technology solutions in schools and institutions has created a favorable environment for integrating educational robots.
Restraints/Challenges
- Teacher training and readiness
Proper training and professional development are essential for educators to utilize educational robots in the classroom effectively. Lack of training opportunities and resources can hinder the widespread adoption of these technologies.
This global educational robot market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Educational Robot market contact Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.
Recent Development
- In February 2022, The Union Budget 2022 and the budget for education strongly emphasized digital learning, establishing a digital institution, job creation, agriculture universities, and improving programmers' skills, among other things. According to the National Education Policy (NEP), public education spending should account for 6% of the GDP by 2020
- It is anticipated that the U.S. will invest USD 6 billion in research and development initiatives, including AI, in 2021. International Data Corporation predicts that between 2020 and 2023, spending on AI in Europe will rise by 33%.
Global Educational Robot Market Scope
The global educational robot market is segmented on the basis of component, type, and educational level. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Component
- Hardware
- Software
Type
- Humanoid
- Non-Humanoid
Educational Level
- Elementary and High School Education
- Higher Education
- Special Education
Global Educational Robot Market Regional Analysis/Insights
The global educational robot market is analysed and market size insights and trends are provided by country, component, type, and educational level as referenced above.
The countries covered in the Global Educational Robot market report are U.S., Canada, Mexico, Brazil, Argentina, rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, rest of Middle East and Africa.
The U.S. is leading the global educational robot market and is growing with the highes CAGR as the U.S. has a strong technology and innovation ecosystem that fosters the development and advancement of educational robots. It is home to renowned universities, research institutions, and technology companies that drive robotics and educational technology innovation.
The country section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, and Porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of North America brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Semiconductor Infrastructure growth Installed base and New Technology Penetration
The global educational robot market also provides you with a detailed market analysis for every country’s growth in healthcare expenditure for capital equipment, installed base of different kinds of products for the Global Educational Robot market, the impact of technology using life line curves, and changes in healthcare regulatory scenarios and their impact on the Educational Robot market. The data is available for the historic period 2010-2020.
Competitive Landscape and Global Educational Robot Market Share Analysis
The global educational robot market competitive landscape provides details by competitors. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, North America presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, and application dominance. The above data points provided are only related to the companies' focus related to the global educational robot market.
Some of the major players operating in the global educational robot market are:
- LEGO Education (Denmark),
- Wonder Workshop (U.S.),
- UBTECH Robotics (China),
- Makeblock (China),
- Sphero (Germany),
- Ozobot (U.S.),
- VEX Robotics (U.S.),
- Aldebaran Robotics (SoftBank Robotics) (Japan),
- Sony Global Education (Japan),
- KUKA AG (Germany),
- Hanson Robotics (Chona),
- TETRIX Robotics (Pitsco) (U.S.),
- PLEO rb (Innvo Labs) (U.S.)
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