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.
Market Dynamics
DRIVERS
OPPORTUNITIES
CHALLENGES
Key Players Identified in the educational robots market include but are not limited to:
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, MRT International Limited, Aisoy Robotics, Blue Frog Robotics & Buddy, Innovation First International Inc., Pal Robotics, Pitsco Inc., Robotis, SoftBank Robotics, ABB Ltd. (Switzerland), FANUC Corporation (Japan), YASKAWA Electric (Japan), KUKA (Germany), Universal Robots (Denmark), Hanson Robotics (China), Robolink (US), UBTECH Robotics (China), Seiko Epson, Hyulim Robot, Probotics America, Sanbot Innovation, Kinderlab Robotics, Soapbox Labs, RobotLAB, Wonder Workshop, Macco Robotics, Adele Robots, IDMind, Robobuilder, Others.
Recent Developments:
Historical & Forecast Period
This study report represents analysis of each segment from 2023 to 2033 considering 2024 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2025 to 2033.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Educational Robots market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
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Research Period | 2023-2033 |
Base Year | 2024 |
Forecast Period | 2025-2033 |
Historical Year | 2023 |
Unit | USD Million |
Segmentation | |
Component
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Type
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Education level
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Region Segment (2023-2033; US$ Million)
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Key questions answered in this report