This Educational Robots market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Educational Robots market.
The primary objective of educational robots is to provide an experience that facilitates the student’s knowledge, attitude and skill development. Educational robots may include jointed and mobile robots. Manufacturers are developing educational robots that provide practical and interactive learning experience. The manufacturers also provide a browser based knowledge ecosystem which can be accessed by teachers and students via any internet enabled device. Educational robots and the additional hardware and software solutions are user-friendly, and users having no programming experience can also access the educational robots’ features.
Primarily, there are three roles identified for educational robots. As an educational subject in itself, educational robots help students learn by using basic integrated actions and programmed objects. Secondly, educational robots act as learning support tools. Educational robots implement realistic educational simulations that serve as a bridge between application and acquisition of knowledge, skills, and attributes. Tele-presence educational robots enable the creation of a virtual classroom for students.
Market Growth Analysis
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
Educational Robots Market: Drivers and Challenges
There are various factors that drive the demand for educational robots. Fully functional educational robots can gain precise information about the environment surrounding it and function accordingly, without any governing force. This factor will enable the global educational robots market to boom during the forecast period. Such educational robots possess the ability to educate an individual student as well as a group for an extended time period. Companies offer educational robots that move around in their operational environment avoiding collisions and damage to people, property or itself, without any human intervention. Such factors are expected to drive the global educational robots market. Technologically smarter versions of educational robots have a number of environmental sensors embedded in them, which enhance their operational ability and makes them less vulnerable to self-damage. Thus, factors, such as self maintenance, sense of environment and autonomous navigation are expected to propel the global educational robots market to greater heights during the forecast period.
Educational robots are very expensive. Small and medium sized educational institutions cannot afford to invest in educational robots due to heavy initial expenditure and high maintenance costs. Also, lack of awareness regarding the educational robots technology hinders the growth of the global educational robots market. China and Japan are also dominant participants in the global educational robots market.
Educational Robots Market: Regional Outlook
Among all the regions, North America holds the largest market share of the global educational robots market and is anticipated to maintain a steady growth rate during the forecast period. The growth of educational robots market in North America is attributed to the ever-rising technology and science related intellectuality in children. Increasing adoption of educational robots in various educational institutes is expected to provide a boost to the Educational Robots market in the region.
The educational robots markets in Western Europe, and SEA and Others of APAC are expected to register the highest growth rate during the forecast period owing to the increasing adoption of classroom automation equipment in the regions.
Educational Robots Market: Key Players
Few of the major players operating in the global Educational Robots market include, RAWrobotics; Dexter Industries; ArcBiotics; Parallax Inc.; rero; Robots in Schools Ltd. (EDBOT); fischertechnik GmbH; RoboThink; Robotical Ltd.; The LEGO Group (LEGO education); Modular Robotics Incorporated and MRT International Limited, among others.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Regional analysis includes:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Educational Robots Market: Segmentation
On the basis of functional ability, the global educational robots market can be segmented into the following:
- Task performance
- Task perception
- Environmental perception
- Autonomous navigation
- Other abilities (Self-learning, reasoning et cetera)
On the basis of educational level, the global educational robots market can be segmented as follows:
- Higher Education
On the basis of application, the global educational robots market can be segmented into the following:
- Core Subject
- Educational Support Tools
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Currently, educational robots manufacturers are focused on continuous up-gradation and addition of functional abilities to the educational robots technology.