Entertainment Robots Market Worldwide Top Players Revenue Analysis of Hasbro, Mattel, Lego, WowWee, Sphero, Bluefrog Robotics, Aldebaran, Robotis, Modular Robotics, Robobuilder, Abyss Creations, and Toshiba Machines

Robotics designed and developed primarily developed for the applications to entertain and educate humans that specifically include small children, guests, clients or elderly population are included in this category. These find significant applications in narrative or commercial venues such as Disneyland rides, and few other hospitality segments to attract customers.

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Increasing applications of these automated systems for education purposes is expected to drive the industry growth through the forecast period

Reinforcing importance of science, engineering, technology, math, and arts skills to the children at young age through these automated systems has garnered huge traction to the industry portfolio, Number of players in the industry are offering low cost and mass produced robotic toys that perform various functions on command. These help the users to enhance and impart problem-solving, critical-thinking, spatial skills, and reasoning to the children. Moreover, parents are increasingly investing in basic level robot building training programs for their children. Growth in demand among trainers, educational institutes and parents for educational purposes are expected to fuel the entertainment robots market growth.

Domestic toys are expected to dominate the volume demands over the forecast period

This is primarily owing to the mass production capability, low costs and high utilization of these systems for children educational purposes. Moreover, humanoids are expected to garner major industry traction owing to the significant development in voice recognition, moving, dancing, and walking capabilities of these bots. Commercial show products are also gaining considerable growth momentum, owing to their primary applications such as marketing tool and artificial actors primarily to promote their piece of art or manufactured products and technology.

Asia Pacific is expected to continue its overall market dominance due to the largest consumer base in the region

Significant industry consumers in countries that include China, Japan, India, and Taiwan among few others are expected to drive the regional demands through the next few years. Other economies that include significant adoptions include U.S., Great Britain, Germany and Korea. Industry presence is characterized by intensive competition among the players to differentiate their products and strengthen their industry foothold.

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Key Manufacturers
Key players in the entertainment robot industry include Hasbro, Mattel, Lego, WowWee, Sphero, Bluefrog Robotics, Aldebaran, Robotis, Modular Robotics, Robobuilder, Abyss Creations, and Toshiba Machines.

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This release was published on openPR.