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Educational Robots Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030
The Educational Robots Market is valued at USD 1.2 billion in 2022 and is projected to reach USD 5.9 billion by 2031, growing at a CAGR of 17.4% from 2022 to 2030.
Educational Robots Market Overview
Educational Robots is an enhanced teaching solution designed to help students learn the design, analysis, application, and operation of robotics. Educational robots include both humanoid and non-humanoid applications and can be taught from elementary school to graduate courses. Additionally, AI robotics solutions in education are used to motivate and facilitate learning of various computer programming, artificial intelligence and engineering design solutions. Increased demand for next-generation iRobot root technology solutions from primary to higher education has led to the growth of the Educational Robots market. Educational robots can provide various benefits as students progress through doc educational talking robot.
Educational Robots is one of the latest technological developments that will help enhance educational services and create trends that help in better understanding, clarifying concepts and providing students with first-hand and practical experience. Automation is increasing and enhancing its operations across various verticals, and the education sector is one of them. Concerted efforts in automation and education services are likely to help the market reach new heights and set new and achievable standards for the provision of quality education backed by the required skills, expertise and knowledge to expand students and other seekers vision.
The Educational Robots Market has been recently published by Contrive Datum Insights to its huge database which helps to shape the future of businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as global market trends, recent technological advancements, market size, shares, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static as well as dynamic aspects of the global Educational Robots market.
Some of the key players profiled in the study are:
Different leading key players have been profiled to get better insights into the businesses. It offers detailed elaboration on different top-level industries which are functioning in global regions. It includes informative data such as company overview, contact information, and some significant strategies followed by key players: Modular Robotics (US), Makeblock, Co. Ltd (China), Ozobot & Evollve, Inc. (US), Wonder Workshop (US), Probiotics America (US), PAL Robotics (Spain), Hanson Robotics (Hong Kong), ST Robot Co. (South Korea), ROBOTIS (South Korea), QIHAN Technology Co. (China), driveby Robotics (Spain), BLUE FROG ROBOTICS (France), SoftBank (Japan), Fischertechnik, Lego, Innovation First International, Pitsco, Parallax, Inc., and others.
Industry Development:
- In October 2021, SoftBank Robotics signed a master distribution agreement with United Robotics Group (URG), a subsidiary of RAG-Stiftung in Essen, for the sale, service, and maintenance of Pepper & NAO robots in Europe
- Probiotics America (USA) is investing heavily in research and development to gain an advantage over competitors. This will help the company increase sales revenue.
What are the major Applications, Types, and Regions for the Educational Robots Market?
Type
- Service Robot
o Service Robot
- Humanoid
- Non-humnoid
- Industrial Robot
Component
- Hardware
o Hardware
- Robotics Arms
- Controllers
- Sensors
- Power Source System
- Others
- Software
End User
- Secondary Education
- Higher Education
- Others
- Primary Education
Educational Robots Market Regional Insights:
North America dominated the market with a revenue share of over 32.1% in 2020 and is expected to maintain its position during the forecast period. The presence of major market vendors and the high adoption of advanced technologies by educational institutions owing to the rising popularity of activity-based education and changes in educational guidelines are the key factors driving the growth of the market in this region. Asia Pacific is projected to grow at the fastest CAGR during the forecast period.
The growth of the regional market can be attributed to increasing investments by governments and non-government organizations (NGOs) in robotics. For example, the nonprofit Robotex India provides robotics, artificial intelligence (AI), STEAM, IoT, and machine learning (ML) skills to students in urban and rural India. The initiative is supported and funded by Digital India, MSH, NSDC, the Ministry of IT, and e-Government. India, UNEP, EU, FICCI FLO and other international and national government agencies. Growing technological awareness in the region is also expected to drive market growth across the region.
Geographically, the global Educational Robots market has been analyzed in various regions such as North America, Europe, Asia-Pacific, Latin America, the Middle East, and India. The global region is dominating this market in the upcoming future.
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Educational Robots Market Report Scope:
Report Attributes |
Details |
Growth Rate |
CAGR of 17.4% from 2022 to 2030. |
By Type |
o Service Robot
|
By Component |
o Hardware
|
End User |
|
By Companies |
Modular Robotics (US), Makeblock, Co. Ltd (China), Ozobot & Evollve, Inc. (US), Wonder Workshop (US), Probiotics America (US), PAL Robotics (Spain), Hanson Robotics (Hong Kong), ST Robot Co. (South Korea), ROBOTIS (South Korea), QIHAN Technology Co. (China), driveby Robotics (Spain), BLUE FROG ROBOTICS (France), SoftBank (Japan), Fischertechnik, Lego, Innovation First International, Pitsco, Parallax, Inc. |
Regions and Countries Covered |
|
Base Year |
2022 |
Historical Year |
2017 to 2022 |
Forecast Year |
2023 to 2030 |
Frequently Asked Questions (FAQ) about the Educational Robots market:
What is the CAGR of the global Educational Robots market?
The Educational Robots Market is growing at a CAGR of 17.4% during the forecast period.
Which region would offer high growth for vendors in the Educational Robots market?
North America dominated the market with a revenue share of over 32.1% in 2020 and is expected to maintain its position during the forecast period.
Which Is the Most potential market segment?
Type
- Service Robot
o Service Robot
- Humanoid
- Non-humnoid
- Industrial Robot
Which are the top industry players in the Educational Robots market?
Modular Robotics (US), Makeblock, Co. Ltd (China), Ozobot & Evollve, Inc. (US), Wonder Workshop (US), Probiotics America (US), PAL Robotics (Spain), Hanson Robotics (Hong Kong), ST Robot Co. (South Korea), ROBOTIS (South Korea), QIHAN Technology Co. (China), driveby Robotics (Spain), BLUE FROG ROBOTICS (France), SoftBank (Japan), Fischertechnik, Lego, Innovation First International, Pitsco, Parallax, Inc.
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