Global Educational Robots Market 2018 World Technology, Development, Trends and Opportunities Market Research Report to 2023

Global Educational Robots Market 2018-2023:
Global educational robots market is estimated to reach a market size of US$640.594 million by 2023 at a CAGR of 27.87% over the forecast period from the current estimate of US$146.513 million in 2017. Educational robots include the collection of activities, educational resources, pedagogical philosophy and physical platforms for the transfer of knowledge. There is a rising adoption of educational robots in K-12 schools around the world owing to their effective interactive capability. Increasing expenditure in the field of research and development and growing popularity of these robots as a learning tool will drive their demand. The emergence of affordable educational robots will further add to the growing demand for these robots. However, the reluctance of the teaching staff to fully incorporate robots into their curriculum will restrict the growing demand for educational robots during the forecast period.

By component, the global educational robot is segmented as software and hardware. Software accounted for a significant market share due increasing research and development expenditure by existing companies. New players are entering the market and developing state-of-the-art solutions to capture a greater market share. Under hardware, educational kits provided by the companies accounted for a substantial share due to their high adoption in K-12 schools.

Major industry players profiled as part of this report are Ozobot & Evollve, Inc., Makeblock, Co. Ltd., Fischertechnik GmbH, Advanced Robotics Artificial Intelligence, Lego Mindstorm NXT, and Pitsco, Inc. among others.

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Geographically, the global educational robot market is segmented as North America, South America, Europe, Middle East and Africa and the Asia Pacific. The demand for educational robots is mainly driven by the developed regions of the world, i.e. North America and Europe. Early adoption of advanced technology and presence of high-income countries are the major driving factors in these regions. The Asia Pacific will witness substantial growth in the coming years due to increasing disposable income, favourable government policies and a rise in the number of corporations offering cost-effective educational robots. The Middle East and Africa and South American region are projected to witness modest growth over the forecast period.

The global Educational Robots market has been analyzed through following segments:

By Component
o Software
o Hardware
Sensor
Control System
Actuator
Others

By End Users
o K-12 Schools
o Universities
o Others

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Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the Educational Robots value chain. Last step involves complete market engineering which includes analysing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the global Educational Robots market.

Some Points from TOC:

1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
5. GLOBAL EDUCATIONAL ROBOTS MARKET BY COMPONENT
6. GLOBAL EDUCATIONAL ROBOTS MARKET BY END USER
7. GLOBAL EDUCATIONAL ROBOTS MARKET BY GEOGRAPHY
8. COMPETITIVE INTELLIGENCE
9. COMPANY PROFILES

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