Educational robot Market Demand is Increasing Rapidly in Recent Years 2019 – 2024: Fischertechnik,Lego,Modular Robotics,Robotis,Innovation First International,Pitsco,Parallax, Inc.,Evollve

The educational robot is specially developed by the manufacturer in order to stimulate students' interest in learning, cultivate students' comprehensive abilities. It can be robot products, kit or parts. In addition to the robot body itself, there are corresponding control software and teaching textbooks and so on. Because of adapting to the new curriculum, educational robot has played a positive role in the cultivation and improvement of students' scientific literacy. 

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Scope of the Report:
Major factors driving growth of this market include the increasing investment in education industry by Government and Non-governmental organization, the progress of robot manufacturing technology and the decrease of production cost. Furthermore a vast market demand is the key driving factor.

Wheeled robots are the largest segment in the educational robots market and are expected to occupy around 56% of the total market share. These robots are assembled in the shape of toys and are mainly used in elementary schools to engage and teach students. These robots are expected to be very much in demand because of the rising number of government initiatives in the deployment of students-friendly wheeled robots this segment sales is expected to grow at a CAGR of more than 5.14% during the forecast period.

South of USA market is expected to become the fastest growing market, increasing product mutuality and availability is the key point.

South of USA is poised to grow at the highest CAGR during the forecast period owing to the increasing investment in education industry by local government, the increase in disposable income of local residents in this region, and rising focus of prominent players in this market increasing technology level.

The average price will fall further
The product average price declined in the past few years due to the technology development, the average price will keep this trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials. Strong market competition is resulting in annual 2 percent price erosion. 

The worldwide market for Educational Robots is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019.

This report focuses on the Educational Robots in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Market Segment by Manufacturers, this report covers
Fischertechnik
Lego
Modular Robotics
Robotis
Innovation First International
Pitsco
Parallax, Inc.
Evollve

Market Segment by Type, covers
Wheeled robot
Humanoid robot
Others

Market Segment by Applications, can be divided into
Primary School
Secondary School
Others

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Research objectives:

1. Focuses on the key global Travel Insurance manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
2. To analyze the Travel Insurance with respect to individual growth trends, future prospects, and their contribution to the total market.
3. To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
4. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
5. To strategically profile the key players and comprehensively analyze their growth strategies.

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