Educational Robots Market and Training | Growth and Analysis
Market Growth and Forecasts
The educational robots market is expected to grow by 580.92 thousand units, accelerating at a CAGR of almost 21.32% during the forecast period. Increasing acceptance of educational robots has prompted vendors to introduce an affordable range of robots to tap new opportunities created in the education industry. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to enable growth projections and insights. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects.
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Educational robots optimize learning as they are equpped with the latest computing power, innovative engineering and can be controlled by voice, gestures, and apps as well. These robots enhance creative problem-solving techniques and encourage the development of essential communication and interpersonal skills. Technavio explores the role of modern technology in the fields of education and training:
Educational Robots Market: Market Segments and Key Trends
The Educational robots market is segmented by Product (Pre-configured educational robots, Reconfigurable educational robots, and Humanoid educational robots) and Geography (North America, APAC, Europe, South America, and MEA). APAC led the market with 38% of the market growth set to originate from this region during the forecast period. Time-consuming implementation of robots in educational curriculum is one of the challenges that will need to be overcome to drive growth. The research report provides market share projections of each segment along with a detailed analysis of all the factors that are likely to boost growth within specific regions as well as global markets.
Educational Robots Market: Top Drivers to Boost Demand
The Demand led growth is one of the primary factors that will drive the growth of the educational robots market. The report provides a detailed study of this and all the other drivers that are likely to boost the market growth. For a deeper understanding of this market request our FREE Sample Report. Our analysis will help the client to prepare for recovery and growth post the havoc caused by the pandemic.
Educational Robots Market: Vendor Analysis
The market is fragmented. The research report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. BLUE FROG ROBOTICS SAS, Fischerwerke GmbH and Co. KG, Innovation First International Inc., LEGO System AS, Makeblock Co. Ltd., Modular Robotics Inc., PAL Robotics SL, Pitsco Inc., ROBOTIS Co. Ltd., and SoftBank Group Corp. are some of the major market participants.
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Educational Robots Market: Key Highlights of the Report for 2021-2025
The report provides insights into the following FAQs: