Educational Robot Market Growth | Industry Analysis Report, 2019-2025

The applications of these products in the K-12 schools are adding up to educational robot market growth. Interactive capabilities of the robots are gaining popularity among students and promoting their high utilization in schools and colleges. Several schools are switching toward robotic products due to the appealing communication features, creating a high attraction among the students and building up their interest in these study techniques.

Increasing expenditure in educational R&D activities and the popularity of these systems as a learning tool will drive the educational robot market growth. These activities will support the development of innovative and affordable products, which will suffice the growing demand. The implementation of artificial intelligence technologies in new robotic products is an emerging trend in the educational robot industry. Such technical advancements aid in increasing the efficiency and flexibility in various teaching methods.

Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/3423

Major factors concerning the educational robot market are high initial cost & high-power consumption. The robots consume a high amount of power to charge & function, which will increase the overall consumption of power of when robots are implemented in schools. The implementation of these products in schools and colleges will increase the rate of unemployment in the educational industry. Additionally, the lack of personal engagement is a concerning factor as traditional human educators are capable of offering personal guidance to students.

In the educational robot market, hardware components are expected to gain high traction owing to their implementation in various robotic systems such as technological, vocational, literature, etc. These components are essential functioning parts, which will aid robots in performing activities such as movement and analysis. The hardware components have gained popularity across the globe due to their efficient human motion detection features with the help of cameras and sensors. Additionally, the use of LiDAR, and RADAR solutions aid robotic systems in functions such as facial, gesture, and object recognition. The microphone is utilized for voice and command recognition feature. These features provided by hardware components are leading to rapid development in the educational robot market demand.

Get this report Customized to your requirements @ https://www.gminsights.com/roc/3423

North America is expected to grow rapidly in the educational robot market over the forecast time span owing to the early adoption of technically advanced products in the education industry. The U.S. government has made huge investments for educational development, which will support the adoption of technically advanced devices such as robots, digital boards, etc. Several emerging startups & major players in the market operate from the Asia Pacific region. Increasing R&D activities and innovations in this region are expected to fuel industry growth.

Players operating in the educational robot market include Wonder Workshop, Inc., Ozobot & Evollve, Inc., Makeblock, Co. Ltd., Hanson Robotics Ltd., Robotis, Sphero, Lego Mindstorm NXT, Pitsco, Inc., and Robothink. These companies operating in the market have adopted growth & development strategies such as new product launches, innovations, mergers, acquisitions, partnerships, and collaborations to strengthen the product portfolio and gain high revenues.

Contact us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.