The report covers outlook and research for the Educational Robots market on a worldwide and regional level. The research gives noteworthy data of 2015-2017 alongside an outlook from 2018 to 2026 in view of revenue (USD Billion). The examination includes drivers and limitations for the Educational Robots market beside the effect they have on the request over the figure time frame. Furthermore, the report combines the study of possibilities available in the Educational Robots market on a worldwide level.
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Consumer robots have been a part of human life for decades and been used either in the form of personal assistance robots or remotely controlled industrial tools. With technological advancements, robot manufacturers are not just focusing on developing robots for performing household or factory tasks but also for intuitively and seamlessly connecting and interacting with humans. Educational robots in this context is no different and has been an area garnering significant interest on the part of robot manufacturers in recent years. There has been great progress in education systems, methodologies, curriculums for teaching delivery, as well as learning models over the past decade. Educational institutions across the world are deploying international learning standards and models for improving the quality of education by adopting educational robots in schools.
One of the most prominent factors complimenting the educational robots market growth is technological advancement in the field of robotics. Numerous types of robots are finding application in the area of education. They range from simple “microprocessor on wheels” robots, to advanced toolkits, to humanoids. Moreover, with growing concerns pertaining to the availability of talented teachers, the demand for educational robots is expected to witness high adoption across educational institutions in the years to come. Majority of educational institutes are facing with the problem of lack of qualified educational professionals, prompting them to adopt educational robots as a promising alternative. Therefore, with increasing investment from educational institutions in robotic technologies coupled with growing focus to develop robots that can be fully integrate with the education curriculum, the educational robot market is set witness robust growth during the forecast period. Moreover, expansion of various robotic start-ups primarily focusing on generating new ideas, technologies and innovations is expected to positively impact the educational robots market growth. Therefore, these factors in combination are expected to drive the demand for education robots during the forecast period.
However, high initial R&D expenditure is expected to remain a restraint for the educational robots market growth. Moreover, as educational robots involve human interaction and used by children, therefore safety concerns exist. Thus, the absence of safety standards is another factor impacting the educational robots market growth negatively. However, these hurdles and concerns are expected to lower down in the coming years with advancements in technology and growing adoption.
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Global Educational Robots Market is segmented into the following categories:
- By Component
- By Type
- By Education level
- Elementary and High School Education
- Higher Education
- Special Education
- By Geography
- North America
- Asia Pacific
- Rest of the World (RoW)
Key Players Identified in the educational robots market include but are not limited to:
SoftBank Robotics Group Corp., RobotLAB, Robotis Co., Ltd., Hanson Robotics Ltd., Probotics America, Sanbot Robotics, Wonder Workshop, Blue Frog Robotics SAS, Aisoy Robotics, Macco Robotics, Adele Robots, IDMind and Robobuilder among others.
This report offers extensive research on the worldwide Educational Robots showcase alongside, market trends, market size, drivers, and restraints of the Educational Robots market. This report includes an itemized focused scenario and item pattern of key merchants. To understand the competitive scene in the market, a research of Porter’s five forces model for the market has additionally been incorporated. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. This report is prepared using data sourced from in-house databases, secondary and primary research team of industry experts.
[The report is originally published on Credence Research Inc.]
Key aspects of the study include:
Educational Robots Market Snapshot
Classification of Educational Robots Market
Market Overview: Market drivers, restraints and key trends analysis
Competitive analysis of the key players operating in the market
Market size split on the basis of geographies and sub-geographies
Cross-sectional market size for all segments per sub-geography
Historical market size for year 2016 with 2017 as the base year
Forecast period: 2018 to 2026
Key questions answered in the Report
What is the Current Market Size and Forecast for Educational Robots Market?
Who are major players in the industry and what are their strategies and developments in the recent years?
What are the key segments expected to emerge as the most attractive during the forecast period?
Which is the most lucrative geographic region for Educational Robots market?
At Credence Research, our researchers and domain experts use a unique blend of primary and secondary research, with validation and iterations at every stage, in order to minimize deviation and present the most detailed analysis of the industry. The research process begins with extensive data mining, using authoritative sources such as trade magazines, technical publications, independent studies along with paid avenues.
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