Educational Robot Market
Educational Robot Market Size, Share & Trends Analysis Report by Type (Humanoid, and Non-Humanoid), by Component (Hardware (Robotic Arms, End Effectors, Actuators/Drives, Control Systems/Controllers, Sensors, Power Source Systems, Others), and Software), and by Education Level (Elementary and High School Education, Higher Education, and Special Education) Forecast Period (2022-2028) Update Available - Forecast 2024-2030
Educational robot market is anticipated to grow at a significant CAGR of 14.9% during the forecast period. Increasing focus on enhancing science, technology, engineering, and mathematics (STEM) education, growing education technology industry across the globe, and growing investments and funding in start-ups are some of the factors driving the global educational robot market. Also, the advancement of technologies such as AI, machine learning, and growing investment in educational robots-related companies is anticipated to fuel the demand for educational robots during the forecast period. For instance, in July 2021, AI-based edutainment start-up, SP Robotic Works raised $3Mn in series a of funding led by Mount Judi India Growth Fund. The start-up offers technology-focused courses and kits such as robotics, coding, Drones, AI, VR, and AR and soon plans to expand to the overall vision of having science, technology, engineering, and math.
Segmental Outlook
The global educational robot market is segmented based on the type, component, and education level. Based on the type, the market is segmented into humanoid, and non-humanoid. Based on the component, the market is sub-segmented into the hardware (robotic arms, end effectors, actuators/drives, control systems/controllers, sensors, power source systems, others), and software. Based on the education level, the market is sub-segmented into the elementary and high school education, higher education, and special education. Among the type, non-humanoid segment holds the dominant share in the market.
The Elementary and High School Education Segmentis Expected to hold the Significant Share in the Global Educational Robot Market during the Forecast Period.
Among the education level, elementary and high school education accounts for the dominant share and is expected to grow significantly during the forecast period. Increasing focus on STEM education and growing adoption of educational robots for education purposes are factors driving the elementary and high school education segment for the forecast period. For instance, in September 2019, Hanson Robotics introduced Little Sophia, which is a tutorial companion indulged in teaching STEM, AI, and coding to kids with a playful personality.
Regional Outlooks
The global Educational Robot market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East &Africa, and Latin America). Among the region North America is accounted for the dominant share in the market.
Global Educational Robot Market Growth, by Region 2022-2028
The Europe Region is Expected to Hold the Considerable Share in the Global Educational Robot Market during the Forecast Period.
Among regions, the Europe region is anticipated to hold a significant share in the market during the forecast period. The growing implementation of emerging technologies in the education sector, and growing R&D in the field of robotics for education are some of the primary factors driving the educational robot market in the region. for instance in July PAL Robotics has joined euROBIN, the network of excellence that brings together European expertise on Robotics and AI. It establishes a unified pan-European platform for research and development. A large number of research labs across Europe are jointly researching AI-driven Robotics for strengthening the scientific robotics community in Europe by providing an integrative community platform. The network is open to the entire robotics community and offers mechanisms for cascade funding to double its number of members over the following years.
Market Players Outlook
The major companies serving the global Educational Robot market include ABB Ltd, RAWrobotics, Dexter Industries, ArcBotics LLC, Parallax Inc., iRobot Corp., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in April 2019, Hanson Robotics Limited, creator of human-like robots, and an AI software platform company announced a collaboration to bring human-like nonverbal communication to Hanson’s social robotic platforms. The company formed a partnership to integrate the Hanson AI conversational platform and custom-designed animations with Embody’s patented automated performance system, to enable Hanson robots to automatically instantiate naturalistic arm gestures based on the content and emotional tone of their utterances.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global educational robot market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. ABB Ltd
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Key Strategy Analysis
4. Market Segmentation
4.1. Global Educational Robot Market by Type
4.1.1. Humanoid
4.1.2. Non-Humanoid
4.2. Global Educational Robot Market by Component
4.2.1. Hardware
4.2.2. Software
4.3. Global Educational Robot Market by Education Level
4.3.1. Elementary and High School Education
4.3.2. Higher Education
4.3.3. Special Education
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. Aisoy Robotics
6.2. ArcBotics LLC
6.3. Dexter Industries
6.4. fischertechnik GmbH
6.5. Hanson Robotics Ltd.
6.6. iRobot Corp.
6.7. Lego System A/S.
6.8. Modular Robotics Incorporated
6.9. MRT International Ltd.
6.10. PAL Robotics
6.11. Parallax Inc.
6.12. Probotics America
6.13. RAWrobotics
6.14. rero
6.15. RoboThink Franchising Corporation
6.16. Robotical Ltd.
6.17. Robotis Co., Ltd.
6.18. Sanbot Innovation Technology., Ltd
6.19. SoftBank Robotics Group Corp.
6.20. The LEGO Group
1. GLOBAL EDUCATIONAL ROBOT MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
2. GLOBALHUMANOID EDUCATIONAL ROBOT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL NON-HUMANOID EDUCATIONAL ROBOT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL EDUCATIONAL ROBOT MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
5. GLOBAL EDUCATIONAL ROBOT FOR HARDWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
6. GLOBAL EDUCATIONAL ROBOT FOR SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL EDUCATIONAL ROBOT MARKET RESEARCH AND ANALYSIS BY EDUCATION LEVEL, 2021-2028 ($ MILLION)
8. GLOBAL EDUCATIONAL ROBOT FOR ELEMENTARY AND HIGH SCHOOL EDUCATION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
9. GLOBAL EDUCATIONAL ROBOT FOR HIGHER EDUCATION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL EDUCATIONAL ROBOT FOR SPECIAL EDUCATION MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL EDUCATIONAL ROBOT MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. NORTH AMERICAN EDUCATIONAL ROBOT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
13. NORTH AMERICAN EDUCATIONAL ROBOT MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
14. NORTH AMERICAN EDUCATIONAL ROBOT MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
15. NORTH AMERICAN EDUCATIONAL ROBOT MARKET RESEARCH AND ANALYSIS BY EDUCATION LEVEL, 2021-2028 ($ MILLION)
16. EUROPEAN EDUCATIONAL ROBOT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
17. EUROPEAN EDUCATIONAL ROBOT MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
18. EUROPEAN EDUCATIONAL ROBOT MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
19. EUROPEAN EDUCATIONAL ROBOT MARKET RESEARCH AND ANALYSIS BY EDUCATION LEVEL, 2021-2028 ($ MILLION)
20. ASIA-PACIFIC EDUCATIONAL ROBOT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
21. ASIA-PACIFIC EDUCATIONAL ROBOT MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
22. ASIA-PACIFIC EDUCATIONAL ROBOT MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
23. ASIA-PACIFIC EDUCATIONAL ROBOT MARKET RESEARCH AND ANALYSIS BY EDUCATION LEVEL, 2021-2028 ($ MILLION)
24. REST OF THE WORLD EDUCATIONAL ROBOT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
25. REST OF THE WORLD EDUCATIONAL ROBOT MARKET RESEARCH AND ANALYSIS BY TYPE, 2021-2028 ($ MILLION)
26. REST OF THE WORLD EDUCATIONAL ROBOT MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2021-2028 ($ MILLION)
27. REST OF THE WORLD EDUCATIONAL ROBOT MARKET RESEARCH AND ANALYSIS BY EDUCATION LEVEL, 2021-2028 ($ MILLION)
1. GLOBAL EDUCATIONAL ROBOT MARKET SHARE BY TYPE, 2021 VS 2028 (%)
2. GLOBAL HUMANOID EDUCATIONAL ROBOT MARKET SHARE BY REGION, 2021 VS 2028 (%)
3. GLOBAL NON-HUMANOID EDUCATIONAL ROBOT MARKET SHARE BY REGION, 2021 VS 2028 (%)
4. GLOBAL EDUCATIONAL ROBOT MARKET SHARE BY COMPONENT, 2021 VS 2028 (%)
5. GLOBAL EDUCATIONAL ROBOT FOR HARDWARE MARKET SHARE BY REGION, 2021 VS 2028 (%)
6. GLOBAL EDUCATIONAL ROBOT FOR SOFTWARE MARKET SHARE BY REGION, 2021 VS 2028 (%)
7. GLOBAL EDUCATIONAL ROBOT MARKET SHARE BY EDUCATION LEVEL, 2021 VS 2028 (%)
8. GLOBAL EDUCATIONAL
9. ROBOT FOR ELEMENTARY AND HIGH SCHOOL EDUCATION MARKET SHARE BY REGION, 2021 VS 2028 (%)
10. GLOBAL EDUCATIONAL
11. ROBOT FOR HIGHER EDUCATION MARKET SHARE BY REGION, 2021 VS 2028 (%)
12. GLOBAL EDUCATIONAL ROBOT MARKET SHARE BY REGION, 2021 VS 2028 (%)
13. US EDUCATIONAL ROBOT MARKET SIZE, 2021-2028 ($ MILLION)
14. CANADA EDUCATIONAL ROBOT MARKET SIZE, 2021-2028 ($ MILLION)
15. UK EDUCATIONAL ROBOT MARKET SIZE, 2021-2028 ($ MILLION)
16. FRANCE EDUCATIONAL ROBOT MARKET SIZE, 2021-2028 ($ MILLION)
17. GERMANY EDUCATIONAL ROBOT MARKET SIZE, 2021-2028 ($ MILLION)
18. ITALY EDUCATIONAL ROBOT MARKET SIZE, 2021-2028 ($ MILLION)
19. SPAIN EDUCATIONAL ROBOT MARKET SIZE, 2021-2028 ($ MILLION)
20. REST OF EUROPE EDUCATIONAL ROBOT MARKET SIZE, 2021-2028 ($ MILLION)
21. INDIA EDUCATIONAL ROBOT MARKET SIZE, 2021-2028 ($ MILLION)
22. CHINA EDUCATIONAL ROBOT MARKET SIZE, 2021-2028 ($ MILLION)
23. JAPAN EDUCATIONAL ROBOT MARKET SIZE, 2021-2028 ($ MILLION)
24. SOUTH KOREA EDUCATIONAL ROBOT MARKET SIZE, 2021-2028 ($ MILLION)
25. REST OF ASIA-PACIFIC EDUCATIONAL ROBOT MARKET SIZE, 2021-2028 ($ MILLION)
26. REST OF THE WORLD EDUCATIONAL ROBOT MARKET SIZE, 2021-2028 ($ MILLION)
