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Educational Robot Market Size & Share, By Product Type (Non-humanoid, Humanoid), Application (Primary Education, Higher Education), Regional Forecast, Industry Players, Growth Statistics Report 2024-2032

Report ID: FBI 5280

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Published Date: Aug-2024

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Format : PDF, Excel

Market Outlook:

Educational Robot Market was over USD 1.19 Billion in 2023 and is predicted to surpass USD 8.8 Billion by end of the year 2032, witnessing more than 24.9% CAGR between 2024 and 2032.

Base Year Value (2023)

USD 1.19 Billion

19-23 x.x %
24-32 x.x %

CAGR (2024-2032)

24.9%

19-23 x.x %
24-32 x.x %

Forecast Year Value (2032)

USD 8.8 Billion

19-23 x.x %
24-32 x.x %
Educational Robot Market

Historical Data Period

2019-2023

Educational Robot Market

Largest Region

North America

Educational Robot Market

Forecast Period

2024-2032

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Market Dynamics:

Growth Drivers & Opportunity:

Increasing adoption of advanced technologies in educational institutions is expected to drive the growth of the educational robot market. These robots can enhance the learning experience by providing personalized and interactive lessons to students, thereby increasing engagement and knowledge retention. Additionally, the rising focus on STEM education is fueling the demand for educational robots as they can help students develop critical thinking and problem-solving skills.

Report Scope

Report CoverageDetails
Segments CoveredProduct Type, Application
Regions Covered• North America (United States, Canada, Mexico) • Europe (Germany, United Kingdom, France, Italy, Spain, Rest of Europe) • Asia Pacific (China, Japan, South Korea, Singapore, India, Australia, Rest of APAC) • Latin America (Argentina, Brazil, Rest of South America) • Middle East & Africa (GCC, South Africa, Rest of MEA)
Company ProfiledAisoy Robotics, Blue Frog Robotics & Buddy, LEGO Systems A/S, Modular Robotics, PAL Robotics, Pitsco Education LLC, ROBOTIS, SoftBank Robotics Group, RM Educational Resources., Learning Resources, Educational Insights, Makeblock, Artec Co.., Ozo EDU, Sphero, Wonder Workshop, VEX Robotics, Dobot, Thames & Kosmos, WowWee Group.

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Industry Restraints:

High initial investment costs and limited funding for educational technology are major restraints for the growth of the educational robot market. Schools and educational institutions may be hesitant to invest in expensive robotic solutions due to budget constraints, which can hinder market growth. Additionally, the lack of skilled educators who can effectively integrate robots into the curriculum poses a challenge for widespread adoption of educational robots.

Regional Forecast:

Educational Robot Market

Largest Region

North America

36% Market Share in 2023

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North America:

The North America region, consisting of the U.S. and Canada, holds a significant share in the educational robot market. The U.S. is a major contributor to the market growth, driven by the increasing adoption of educational robots in schools and educational institutions. The country has a strong presence of key market players, further fueling market expansion. Canada also shows promising growth opportunities in the educational robot market, with an emphasis on integrating innovative technologies in the education sector.

Asia Pacific:

In the Asia Pacific region, countries such as China, Japan, and South Korea are witnessing rapid growth in the educational robot market. China, being a manufacturing hub, has a strong market presence with a wide range of educational robot offerings. Japan is known for its technological advancements and has a significant adoption rate of educational robots in schools and universities. South Korea is also emerging as a key player in the market, with government initiatives supporting the integration of robotics in education.

Europe:

Europe, specifically the United Kingdom, Germany, and France, is experiencing steady growth in the educational robot market. The United Kingdom is focusing on incorporating robotics and artificial intelligence in its educational curriculum, driving market demand. Germany, known for its engineering expertise, is witnessing a surge in the adoption of educational robots in STEM education. France is also embracing educational robots to enhance learning experiences and skill development among students.

Report Coverage & Deliverables

Historical Statistics Growth Forecasts Latest Trends & Innovations Market Segmentation Regional Opportunities Competitive Landscape
Educational Robot Market
Educational Robot Market

Segmentation Analysis:

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In terms of segmentation, the global Educational Robot market is analyzed on the basis of Product Type, Application.

Educational Robot Market

Non-humanoid:

The non-humanoid segment of the educational robot market includes robots that do not have a human-like appearance. These robots are designed to assist students in a variety of educational activities, such as coding, mathematics, and science experiments. Non-humanoid educational robots are particularly popular in primary education settings, where they can help young students learn basic concepts in a fun and engaging way. These robots are also used in higher education, where they can be used to teach more complex subjects and provide hands-on learning experiences for students.

Humanoid:

The humanoid segment of the educational robot market includes robots that have a human-like appearance. These robots are often used in higher education settings, where they can provide more advanced educational experiences for students. Humanoid educational robots are designed to mimic human behavior and can interact with students in a more natural way. These robots are often used in research labs and advanced classes to teach students about topics such as artificial intelligence and human-robot interaction. In primary education, humanoid robots are less common due to their higher cost and more advanced features.

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Competitive Landscape:

The educational robot market is characterized by a dynamic competitive landscape, driven by technological advancements and increasing demand for STEM education tools. Key players are leveraging innovations such as artificial intelligence and machine learning to develop sophisticated robotic solutions that cater to educational institutions and individual learners. Companies are forming strategic partnerships with schools and educational organizations to enhance product offerings and expand their market presence. Furthermore, the growing emphasis on robotics in curricula and the rise in personalized learning experiences are propelling the growth of this sector, creating opportunities for both established firms and new entrants. As a result, the market is becoming increasingly saturated, with firms competing on the basis of technology, price, and educational content relevance.

Top Market Players

- LEGO Education

- VEX Robotics

- Makeblock

- Wonder Workshop

- Sphero

- UBTECH Robotics

- Fischertechnik

- Robotis

- Edision

- Thymio

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Educational Robot Market Size & Share, By Product ...

RD Code : 24